Common use of Well Completion Clause in Contracts

Well Completion. the moment when activities directly related to the drilling of a well (including, where applicable, profiling, casing and cementing) have been completed and the final depth has been reached, from which point all Operations refer exclusively to the dismantling, demobilization or movement of the unit. For cases in which the Well Evaluation and/or completion is started up to 60 (sixty) days after the end of the activities directly related to the drilling of the well or its temporary abandonment, the moment in which the dismantling, demobilization or movement of the unit used to carry out the Well Evaluation and/or completion begins will be considered.

Well Completion. the moment when of completion of activities directly related to the drilling of a well (including, where when applicable, profilinglogging, casing coating and cementing) have been completed and that had the final depth has been reached, from which point all Operations refer exclusively to the dismantlingdisassembly, demobilization or movement of the unit. For cases in which the Well Evaluation and/or completion is started up to within 60 (sixty) days after the end of the activities directly related to the drilling of the well or its temporary abandonment, the moment in which when the dismantlingdisassembly, demobilization or movement handling of the unit used to carry out the Well Evaluation and/or completion begins will be considered.