Common use of Stand-By Costs Clause in Contracts

Stand-By Costs. When a well which has been Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth depth, and all tests have been completed and the results thereof furnished to the partiesParties, or when operations on the well have been otherwise terminated pursuant to Article VI.F.VI.F, stand-by costs incurred pending response to a partyParty’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. VI.B.6 to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties Parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (aVI.B.2(a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such the stand-by costs shall be allocated between or among the Consenting Parties in the proportion each Consenting Party’s interest as shown on in Exhibit “A” A bears to the total interest as shown on in Exhibit “A” A of all Consenting Parties. In the event that If notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party Party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. VI.B.1 within which to respond by paying for all stand-by costs and other costs incurred during such the extended response period; . Operator may require such party the Party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party Party elects to take such additional time to respond to the notice, standby costs shall be allocated between or among the Parties taking additional time to respond on a day-to-day basis in the proportion each electing partyParty’s interest as shown on in Exhibit “A” A bears to the total interest as shown on in Exhibit “A” A of all the electing partiesParties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth depth, and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (aVI.B.2.(a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such the stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such the party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has In the event that the oil and/or gas well(s) within the AMI have been drilled or Deepened and has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well oil and/or gas well(s) within the AMI have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s 's notice proposing a Reworking., Sidetracking, Deepening, RecompletingRe-completing, Plugging Back or Competing Completing operation in such a well (the oil and/or gas well(s) within the AMI including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties's interest. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1VI.B. 1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; : Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties's interest.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s 's notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s 's interest as shown on Exhibit “"A” " bears to the total interest as shown on Exhibit “"A” " of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s 's interest as shown on Exhibit “"A” " bears to the total interest as shown on Exhibit “"A” " of all the electing parties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s 's notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s 's interest as shown on Exhibit “"A” " bears to the total interest as shown on Exhibit “"A” " of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the fortytwenty-eight four (24) hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s 's interest as shown on Exhibit “"A” " bears to the total interest as shown on Exhibit “"A” " of all the electing parties.

Stand-By Costs. When a well which has been Drilled or Deepened has reached its authorized depth depth, and all tests have been completed and the results thereof of those tests furnished to the partiesParties, or when operations on the well have been otherwise terminated pursuant to Article VI.F.VI.F. (Drilling and Development; Termination of Operations), stand-by costs incurred pending response to a partyParty’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. [Drilling and Development; Subsequent Operations; Order of Preference of Operations] to resolve competing proposals) shall be charged and borne as part of the Drilling or Deepening operation just completed. Stand-by costs subsequent to all parties Parties responding, or expiration of the response time permitted, whichever first occursoccurs first, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. VI.B.2.(a) (aDrilling and Development; Subsequent Operations; Operations by Less Than All Parties; Determination of Participation), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such the stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest interest, as shown on Exhibit “A,” bears to the total interest interest, as shown on Exhibit “A,” of all Consenting Parties. In the event that a notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party Party may request and receive up to five (5) additional days after expiration of the forty-eight (48) hour response period specified in Article VI.B.1. (Drilling and Development; Subsequent Operations; Proposed Operations) within which to respond by paying for all stand-by costs and other costs incurred during such the extended response period; . Operator may require such party the requesting Party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party Party elects to take such additional time to respond to the notice, standby costs shall be allocated between the Parties taking the additional time to respond on a day-to-day basis in the proportion each electing partyParty’s interest interest, as shown on Exhibit “A,” bears to the total interest as shown on Exhibit “A,” of all the electing partiesParties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth depth, and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a partyParty’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (aVI.B.2.(a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such the stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party Party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party the Party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party Party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing partyParty’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the fortytwenty-eight four (24) hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth and all tests have been completed completed, and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s 's notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Recompleting or Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. VI.B.2 (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s 's interest as shown on Exhibit “"A” " bears to the total interest as shown on Exhibit “"A” " of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F.VLR, stand-by costs incurred pending response to a party’s 's notice proposing a Reworking., Sidetracking, Deepening, RecompletingRecornpleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6VLB.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2VLB.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s 's interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1VLB.l. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s 's interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has been Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.

Stand-By Costs. When a well which has been drilled or Deepened has reached its authorized depth and all tests have been completed and the results thereof furnished to the parties, or when operations on the well have been otherwise terminated pursuant to Article VI.F., stand-by costs incurred pending response to a party’s notice proposing a Reworking., Sidetracking, Deepening, Recompleting, Plugging Back or Competing Completing operation in such a well (including the period required under Article VI.B.6. to resolve competing proposals) shall be charged and borne as part of the drilling or Deepening operation just completed. Stand-by costs subsequent to all parties responding, or expiration of the response time permitted, whichever first occurs, and prior to this Agreement agreement as to the participating interests of all Consenting Parties pursuant to the terms of the second grammatical paragraph of Article VI.B.2. (a), shall be charged to and borne as part of the proposed operation, but if the proposal is subsequently withdrawn because of insufficient participation, such stand-by costs shall be allocated between the Consenting Parties in the proportion each Consenting Party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all Consenting Parties. In the event that notice for a Sidetracking operation is given while the drilling rig to be utilized is on location, any party may request and receive up to five (5) additional days after expiration of the forty-eight hour response period specified in Article VI.B.1. within which to respond by paying for all stand-by costs and other costs incurred during such extended response period; Operator may require such party to pay the estimated stand-by time in advance as a condition to extending the response period. If more than one party elects to take such additional time to respond to the notice, standby costs shall be allocated between the parties taking additional time to respond on a day-to-day basis in the proportion each electing party’s interest as shown on Exhibit “A” bears to the total interest as shown on Exhibit “A” of all the electing parties.