Objective Depth. A depth sufficient to test the lesser of the Objective Horizon or the specific footage depth stated in the AFE and approved by the Participating Parties.
Appears in 3 contracts
Sources: Offshore Operating Agreement (Ridgewood Energy P Fund LLC), Offshore Operating Agreement (Ridgewood Energy Q Fund LLC), Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
Objective Depth. A depth sufficient to test the lesser of the Objective Horizon or the specific footage depth stated in the AFE and approved by the Participating Parties.. ST/WD EPA JOA 4
Appears in 2 contracts
Sources: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)
Objective Depth. A depth sufficient to test the lesser of the Objective Horizon or the specific footage depth stated in the AFE and approved by the Participating Parties or such lesser depth mutually agreed by the Parties.
Appears in 1 contract
Sources: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)