Group-Shoot and Speculative Seismic Surveys Sample Clauses

Group-Shoot and Speculative Seismic Surveys. The Parties shall make a good faith effort to coordinate the acquisition of any new group-shoot or speculative seismic surveys covering one or more of the Leases within the Contract Area. This shall enable all Parties who desire to acquire such data to take advantage of group rates available from most seismic contractors and will allow each Party a license to use such data. For such seismic data purchases covering the Leases, the acquiring Parties shall mutually agree upon the Cost shares of the total licensing fee (rather than on their Working Interest shares).
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