Drilling Plan definition
Examples of Drilling Plan in a sentence
Upon receipt of the Drilling Plan, LMM shall, within *** Days, provide Shippers for each Project described in the Drilling Plan, either a proposal (the “Expansion Proposal”) outlining the recommended facilities to be installed in order to Gather Shippers’ Gas from a Project (the “Expansion”) or, at LMM’s election, notice to Shipper that it has elected to not expand the Gathering System to connect a Project.
The parties agree that the initial Drilling Plan attached hereto as Exhibit “I-1” and the initial connection plan attached hereto as Exhibit “I-2” (the “Initial Connection Plan”) establish the preliminary, to-be-agreed upon activities and schedule for the period described therein (for the avoidance of doubt, and not withstanding anything else in this Agreement to the contrary, Exhibits “I-1” and “I-2” need not necessarily cover a twelve (12) Month period).
Each Drilling Plan shall include a description of each individual project (which may be limited to a single well, each a “Project”), which Project description shall at a minimum include ***; and any other information reasonably requested by LMM.
No bonus for well No bonus for well abandonment For each well abandoned abandonment within 800 feet of Developed Area, allows drilling of 2 new additional ▇▇▇▇▇ outside of the 800-foot zone Drilling Plan Supplement required for all Not addressed Supplement required for Supplements to Deep-Zone or Mid-Zone ▇▇▇▇▇ Deep-Zone or Mid-Zone Annual Drilling Plan where Top Hole is within 800 where Top Hole is closer feet of Sensitive Developed than 800 feet of Sensitive Area (broad definition of Developed Area.
Each Coal Party and each Gas Party shall keep the other Parties informed of any matters that any Coal Party or Gas Party, in the exercise of reasonable judgment, considers to be a material matter relating to (a) the construction, maintenance, operation, location and repair of Systems and ▇▇▇▇▇ hereunder, and (b) any proposed changes to any Ten Year Mine Plan and any Annual Drilling Plan.
Each Drilling Plan shall include a description of each individual project (which may be limited to a single well, each a “Project”), which Project description shall at a minimum include***; and any other information reasonably requested by LMM.
For the twenty (20) years following the First Acquisition Date, BHUH shall cause COSGCO to acquire interests, or the right to earn interests through drilling, in one or more properties and to develop each Property in accordance with its Drilling Plan to increase and maintain COSGCO Gas production up to the Utilities’ aggregate Hedge Target subject to the processes and PUC oversight described in this ARTICLE 4 and to the extent commercially feasible.
BHUH may seek approval for an updated Drilling Plan for any Property at any other time by providing the Hydrocarbon Monitor with the information described in Section 4.2(iii)-(xiv) for the Property, the Utilities’ aggregate Hedge Target for each remaining year in the twenty (20) year period following the First Acquisition Date, and an updated Drilling Plan the Property for such period.
The GSB Plan shall include a schedule for each Gathering Segment, consistent with the Drilling Plan, for connection of Well Pads to such Gathering Segment.
Within ten (10) calendar days following receipt of said information, the Hydrocarbon Monitor shall issue a written report to BHUH, the Utilities, and the PUCs regarding whether the updated Drilling Plan(s) satisfies the Drilling Plan Criterion.