Actual Drilling Operations definition

Actual Drilling Operations means the following operations conducted
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Actual Drilling Operations means and be defined as actual drilling and penetration of strata in a continuous manner either by rotary, cable or combination drilling equipment to reach the objective formation at the intended depth as specified by permit and shall include drilling, completing, reworking, recompleting and deepening.
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Actual Drilling Operations means the following operations conducted on the Leased Premises in Good Faith and with due diligence: (a) drilling commenced by spudding-in of a new well;
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Examples of Actual Drilling Operations in a sentence

  • Should Actual Drilling Operations be abandoned or suspended or Production in Paying Quantities cease at any time within a period of ninety (90) days prior to an Anniversary Date during the Primary Term, Lessee shall have a period of ninety (90) days after the date of such abandonment, suspension or cessation within which to commence or resume Actual Drilling Operations or Production in Paying Quantities on the Leased Premises, or make the Rental payment.

  • In order to satisfy its obligation to protect from Drainage, Lessee shall, within one hundred twenty (120) days after the completion date of the Adjacent Well, begin Actual Drilling Operations for a well drilled to a depth necessary to protect the Leased Premises from Drainage, if a reasonably prudent operator would drill such a well ( “Offset Well”).

  • If, during the Primary Term but after the first year thereof, this Lease has been maintained and Actual Drilling Operations or Production in Paying Quantities is not occurring on an Anniversary Date, this Lease shall terminate unless Lessee pays a Rental to the Lessor on or before that Anniversary Date.

  • If Actual Drilling Operations or Production in Paying Quantities is occurring on an Anniversary Date during the Primary Term, no Rental shall be due and this Lease shall remain in effect for twelve (12) months from that Anniversary Date as if a Rental had been paid.

  • Timely payment of a Rental shall extend for twelve (12) months from the Anniversary Date the time within which Actual Drilling Operations or Production in Paying Quantities must be commenced in order to maintain this Lease.

  • The commencement or resumption of Actual Drilling Operations or Production in Paying Quantities or payment of Rental within the ninety (90) day period shall have the same effect as though such were commenced, resumed or Rental paid on or before the Anniversary Date.

  • If Actual Drilling Operations or Production in Paying Quantities is not occurring on the first Anniversary Date, this Lease shall terminate unless Lessee, on or before the first Anniversary Date, pays to Lessor the sum of <bid_rental> Dollars (“Rental”).

  • For purposes of maintaining this Lease with Unitized Operations pursuant to this section, the definitions for the defined terms Actual Drilling Operations, Actual Reworking Operations, Production in Paying Quantities, Acceptable Lease Operations and/or Shut- in Payments, are expanded to include operations, production or payments attributed to wells whether located on the Leased Premises or on lands pooled or unitized therewith.

  • For purposes of maintaining this Lease with40 Unitized Operations pursuant to this section, the definitions for the defined terms41 Actual Drilling Operations, Actual Reworking Operations, Production in Paying42 Quantities, Acceptable Lease Operations and/or Shut-in Payments, are expanded to43 include operations, production or payments attributed to wells whether located on the44 Leased Premises or on lands pooled or unitized therewith.

  • The4 commencement or resumption of Actual Drilling Operations or Production in5 Paying Quantities or payment of Rental within the ninety (90) day period shall have6 the same effect as though such were commenced, resumed or Rental paid on or7 before the Anniversary Date.


More Definitions of Actual Drilling Operations

Actual Drilling Operations means any of the following on the
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Actual Drilling Operations means the following operations conducted on the Leased Premises in Good Faith and with due diligence: (a) drilling commenced by spudding-in of a new well, (b) deepening or sidetracking of an existing well, (c) plugging back or attempted recompletion in a separate interval of an existing well (all such operations being commenced by actual downhole operations), or (d) completing any such well, including the installation of equipment in the wellbore that is necessary to complete the well as a producer and/or to maintain downhole completion activity. The installation of flowlines or other surface facilities needed to produce the well shall not be considered as Actual Drilling Operations. Actual Drilling Operations shall include directional drilling operations (deviationfrom vertical), in which event such Actual Drilling Operations shall be considered to have commenced on the Leased Premises when the drill stem penetrates beneath the surface of the Leased Premises. Actual Drilling Operations shall be deemed to terminate on the last day downhole operations of any kind are conducted, such as drilling, testing or completion.
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Actual Drilling Operations means any of the following on the Leased Premises or
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Actual Drilling Operations means the following operations conducted 56 on the Leased Premises in Good Faith and with due diligence: (a) drilling 57 commenced by xxxxxxxx-in of a new well, (b) deepening or sidetracking of an 58 existing well, (c) plugging back or attempted recompletion in a separate interval of 59 an existing well (all such operations being commenced by actual downhole 60 operations), or (d) completing any such well, including the installation of 4 Language in lines 1-3, 35-36, 42-44, and 46-53 of pg. 2 are new 5 Compare pg. 2, lines 5-33 with recitals found in 2000LF 6 Compare pg. 2, lines 38-40 with paragraph 24 of 2000LF 7 Compare pg. 2 line 55 through pg. 3, line 20 with paragraph 4(d) of 2000LF 1 equipment in the wellbore that is necessary to complete the well as a producer 2 and/or to maintain downhole completion activity. The installation of flowlines or 3 other surface facilities needed to produce the well shall not be considered as Actual 4 Drilling Operations. 5 6 Actual Drilling Operations shall include directional drilling operations (deviation 7 from vertical), in which event such Actual Drilling Operations shall be considered 8 to have commenced on the Leased Premises when the drill stem penetrates beneath 9 the surface of the Leased Premises. 10 11 Actual Drilling Operations shall be deemed to terminate on the last day downhole 12 operations of any kind are conducted, such as drilling, testing or completion. 13
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Actual Drilling Operations means: (1) drilling commenced by spudding in of a new well [turning-to-the-right], or (2) the deepening or sidetracking of an existing well, or (3) plugging back or attempted recompletion in a separate interval of an existing well (all such operations being commenced by actual down hole operations). Actual drilling operations shall be deemed to terminate on the last day down hole operations of any kind, such as drilling, testing, or installation of equipment are conducted in good faith for the purpose of attempting to discover minerals or to complete a well as a producer.
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Related to Actual Drilling Operations

  • Mining Operations means every kind of work done by the Operator:

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Xxxxxx Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • NCZ Examined Project means any Generator or UDR project that is not exempt pursuant to 23.4.5.7.8 and either (i) is in a Class Year on the date the Commission accepts the first ICAP Demand Curve to apply to a Mitigated Capacity Zone or (ii) meets the criteria specified in 23.4.5.7.3(II). An NCZ Examined Project may be at any phase of development or in operation or an Installed Capacity Supplier.For purposes of Section 23.4.5 of this Attachment H, “Net CONE” shall mean the localized levelized embedded costs of a peaking unit in a Mitigated Capacity Zone, net of the likely projected annual Energy and Ancillary Services revenues of such unit, as determined in connection with establishing the Demand Curve for a Mitigated Capacity Zone pursuant to Section 5.14.1.2 of the Services Tariff, or as escalated as specified in Section 23.4.5.7 of Attachment H.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Railway Operation means the construction and operation under this Agreement of the relevant Railway and associated access roads and Additional Infrastructure (if any) within the relevant Railway Corridor and of the associated Lateral Access Roads, in accordance with approved proposals;