Drilling Rigs Clause Samples

The Drilling Rigs clause defines the requirements and standards for the drilling rigs to be used in a project. It typically outlines the specifications the rigs must meet, such as capacity, safety features, and compliance with industry regulations, and may specify whether the rigs are to be provided by the contractor or the client. This clause ensures that only suitable and safe equipment is used for drilling operations, thereby minimizing operational risks and ensuring project efficiency.
Drilling Rigs. Schedule 10 hereto lists all drilling rigs owned by the Grantors on the date hereof.
Drilling Rigs. The following drilling rigs:
Drilling Rigs. Seller shall not voluntarily release any of the five drilling rigs currently contracted by Seller to drill the Oil and Gas Assets, which are the Unit Drilling Rig Nos. 338, 341, and 361 and the Boom Drilling Rig Nos. 16 and 19, without the prior written consent of Buyer. Seller will promptly notify Buyer of any relevant information it receives regarding the use of such drilling rigs.
Drilling Rigs. 8 (2) Rig Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 (3) Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 (4) Vehicles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 (5)
Drilling Rigs. On rigs used to pre-drill piles and for drilling and installing tiebacks, there shall be a minimum of one working ▇▇▇▇▇▇▇ and one (1) piledriver.