Geoscience Data Clause Samples
The Geoscience Data clause defines the rights and responsibilities related to the collection, ownership, use, and sharing of geoscientific information generated or used during a project. Typically, this clause specifies which party retains ownership of raw and interpreted data, outlines any obligations to provide copies to the other party, and may address confidentiality or restrictions on further use. Its core function is to ensure clarity over data rights, prevent disputes regarding access or usage, and protect the proprietary interests of the parties involved.
Geoscience Data. To the extent that a Party is not prohibited pursuant to any third party agreement or applicable Law, such Party will provide to any other Party, upon request, all seismic and geological data and other similar information including drainage data, seismic surveys, geological and geophysical maps, shot point location maps, information regarding fracing of ▇▇▇▇▇ and related information regarding the development and operation of the Subject Acreage that such Party may possess.
Geoscience Data. To the extent that a Party is not prohibited pursuant to any third party agreement or applicable law, such Party will provide to any other Party, upon request, all seismic and geological data and other similar information including drainage data, seismic surveys, geological and geophysical maps, shot point location maps, information regarding fracing of ▇▇▇▇▇ and related information regarding the development and operation of the Joint Interests that such Party may possess. Atlas will use its commercially reasonable efforts, at Reliance’s sole expense with Reliance’s consent, to obtain the consent of the applicable party to disclose any such data to Reliance if such disclosure is otherwise prohibited without such consent. Except as provided in Section 2.5, the costs of any such information for the Joint Interests obtained following the Effective Date will be Development Costs to be borne by the Parties.
Geoscience Data. To the extent that a Party is not prohibited pursuant to any third party agreement or applicable Law and to the extent no additional fees or costs will be incurred, such Party will provide to the other Party, upon request, all seismic and geological data and other similar information including drainage data, seismic surveys, geological and geophysical maps, shot point location maps, information regarding fracing of ▇▇▇▇▇ and related information regarding the development and operation of the Joint Interests that such Party may possess. The disclosing Party will use its commercially reasonable efforts, at the non-disclosing Party’s sole expense with the non-disclosing Party’s consent, to obtain the consent of the applicable party to disclose any such data to the non-disclosing Party if such disclosure is otherwise prohibited without such consent. Any seismic, geophysical, geotechnical and other similar data regarding a Joint Interest that is purchased after the Effective Date shall be acquired jointly in the name of Gastar and Participant and any costs associated therewith shall be borne equally by the Parties.
Geoscience Data. All of Eni's ownership interest in any geological, geochemical or geophysical data, interpretations, maps, reports, geohazard surveys, or other information or derivatives of this information related to the Leases (the "Data");
Geoscience Data. Except as prohibited by confidentiality obligations applicable to existing seismic acquired from a third party, or applicable governmental regulations, MGX will provide to [Seller] all geological data and other similar information including geological and geophysical maps, shot point location maps, reserve reports, information regarding fracing of ▇▇▇▇▇ and related information including any and all interpretations of the foregoing regarding the development and operation of the Leases and/or AMI Interests that MGX and/or its Affiliates may possess from the Effective Time until such time as the Carry Obligation is met. If such geological data is acquired by MGX or its Affiliates subsequent to the Closing, MGX shall, as soon as reasonably practical, but in no event more than forty-eight (48) hours after receipt of the same by MGX, deliver such data to [Seller]; provided, however, that MGX shall not be responsible for any delay by third- parties who send information directly to interest holders rather than to MGX as the operator. MGX shall deliver to [Seller] the same quantum of rights, title, and/or interest in such geological data as MGX possesses. If MGX acquires proprietary geological data within the AMI, [Seller] shall bear no fees or costs for such acquisition but shall be entitled to the same quantum of rights, title, and/or interest in the same as MGX possesses. If MGX acquires seismic license(s) from a third party where confidentiality obligations prevent MGX from delivering a copy of the covered data to [Seller], [Seller] shall nevertheless have the right to review such seismic data at MGX’s offices.
