Formation Testing Clause Samples
The Formation Testing clause outlines the procedures and requirements for testing geological formations, typically in the context of oil and gas exploration or extraction. It specifies how and when such tests should be conducted, who is responsible for carrying them out, and what standards or methods must be followed. For example, it may require the operator to notify the other party before testing or to share test results. The core function of this clause is to ensure that formation testing is performed in a controlled, transparent manner, thereby reducing disputes and ensuring that all parties have access to critical subsurface information.
Formation Testing. If the Contractor conducts a formation test in any exploration Well, it shall notify CNH at least ten (10) Days prior to the commencement of the formation test. The Contractor shall submit the data derived directly from the test to the National Hydrocarbons Information Center within fifteen (15) Days following completion of the test. Within ninety (90) Days from completion of the formation test, the Contractor shall submit the relevant information to CNH, along with technical studies and reports conducted after the formation test.
Formation Testing. If the Contractor conducts a formation test in any Exploration Well, it shall notify the Minister at least ten (10) Days prior to the commencement of the formation test. The Contractor shall submit the data derived directly from the test to the Minister within fifteen (15) Days following completion of the test. Within ninety (90) Days from completion of the formation test, the Contractor shall submit the relevant information to the Minister, along with technical studies and reports conducted after the formation test.
Formation Testing. All of the results obtained for each of the tests performed shall be included, as well as the results of the analyses performed in the laboratories for water and Hydrocarbons.