Seismic Agreement Sample Contracts
Palo Pinto - Lone Camp Project Seismic AgreementSeismic Agreement • November 2nd, 2006
Advance Energy Limited (“AVD”) has been notified by its operators, North American Energy Inc. (”NAE”) that an agreement has been executed with EOG Resources (www.eogresources.com) whereby 3-D seismic will be shot over Advance Energy’s 1,200 acre Palo Pinto Lone Camp project. EOG is one of the largest independent non integrated oil and gas companies in the USA. EOG is doing this as part of a 16,000 acre project to prospect for the western extension of the Barnett Shale Field, now the largest onshore gas field in the United States. EOG has recently commenced drilling their first horizontal Barnett Shale well in the program. The well is located only two miles north of the Company’s producing acreage and will be a significant test of the productive nature of the shales in Palo Pinto County.
Seismic Agreement with ChevronSeismic Agreement • November 23rd, 2021
Helios Energy Ltd (ASX Codes: HE8, HE8OA) (Helios or Company) has concluded an agreement with oil major Chevron regarding the acquisition of new seismic in Presidio County over oil and gas acreage owned by Chevron in south-west Presidio County, Texas. Helios, at its cost, will undertake the works required to acquire the seismic and under the terms of the agreement the seismic data will be shared with Chevron. The agreement covers an area of 20 square miles (12,800 acres) in south-west Presidio County, Texas, USA.