Drilling Schedule definition

Drilling Schedule means the drilling schedule set forth in Exhibit B.
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Drilling Schedule has the meaning assigned to such term in Section 4.01(n)(ii).
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Drilling Schedule means the drilling schedule concerning the Oil and Gas Properties of Restricted Persons, prepared by Borrower as of a date reasonably satisfactory to Administrative Agent, delivered concurrently with each Engineering Report to Administrative Agent prior to the BB Activation Date, which schedule shall (a) specify the oil and gas well drilling schedule and completion timeline therefor, and (b) provide for Restricted Persons’ projected production of oil, gas, and natural gas liquids (measured by volume unit or BTU equivalent, not sales price) after giving effect to such completion for each month during which any Restricted Person proposes to enter into commodity Hedging Contracts pursuant to Section 7.3(a).
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Examples of Drilling Schedule in a sentence

  • The determination of ▇▇▇▇▇ to be included on any Quarterly Growth Drilling Schedule shall be at the sole discretion of New Source Energy.

  • The determination of ▇▇▇▇▇ to be included on any Quarterly Maintenance Drilling Schedule shall be at the sole discretion of New Source Energy.

  • AEE shall use commercially reasonable efforts to drill all six Subject W▇▇▇▇ in the order set forth in the Drilling Schedule and within 6 months from the Effective Date; provided AEE may drill a Subject Well in a different order from time to time if AEE deems, in its good faith judgment (and with prior notice to and opportunity to comment by USG), such a variation is necessary or prudent due to a change in circumstances affecting conduct, timing or costs of drilling operations.

  • If AEE does not commence operations to Drill and Complete a certain Carry Well within one year from the Effective Date (or, for ▇▇▇▇▇ #7, 8, 9 & 10 on the Drilling Schedule, on or before April 1, 2013), notwithstanding anything to the contrary in this Agreement, NEGP shall not be required to participate in, or pay any Costs of Drilling and Completing with respect to, such Carry Well and the Carry Obligation (as hereinafter defined) for such Carry Well shall cease to apply.

  • AEE shall use commercially reasonable efforts to drill all five Carry W▇▇▇▇ in the order set forth in the Drilling Schedule and within six months from the Effective Date; provided AEE may drill a Carry Well in a different order from time to time if AEE deems, in its good faith judgment (and with prior notice to and opportunity to comment by USG), such a variation is necessary or prudent due to a change in circumstances affecting conduct, timing or costs of drilling operations.

  • AEE shall use commercially reasonable efforts to drill the Carry W▇▇▇▇ in the order set forth in the Drilling Schedule and within one year from the Effective Date; provided AEE may drill a Carry Well in a different order from time to time if AEE deems, in its good faith judgment (and with prior notice to NEGP), such a variation is necessary or prudent due to a change in circumstances affecting conduct, timing or costs of drilling operations.

  • Each Subject Well shall be drilled to a depth sufficient to test either the Middle B▇▇▇▇▇ formation or the Three Forks formation, as specified on the Drilling Schedule.

  • If after the first Carry Well has been Drilled USG desires to alter the Drilling Schedule or Approved Drilling Locations, and if such changes are acceptable to AEE after good faith consideration and collaboration with USG, then the Parties agree to amend the Drilling Schedule to reflect such changes, which changes may also impact the timing of Drilling because of permitting and title review processes.

  • AEE shall use commercially reasonable efforts to obtain a second drilling rig as soon as possible after August 1, 2012 in order to drill ▇▇▇▇▇ #7, 8, 9 & 10 on the Drilling Schedule.

  • AEE shall use commercially reasonable efforts to drill the Carry ▇▇▇▇▇ in the order set forth in the Drilling Schedule and within one year from the Effective Date; provided AEE may drill a Carry Well in a different order from time to time if AEE deems, in its good faith judgment (and with prior notice to NEGP), such a variation is necessary or prudent due to a change in circumstances affecting conduct, timing or costs of drilling operations.

Related to Drilling Schedule

  • Pricing Schedule means the Schedule attached hereto identified as such.

  • Monitoring Schedule means the Schedule containing details of the monitoring arrangements.

  • Work Schedule means the approved order and timeline for how the requirements of this contract, including Work on individual Units or groups of Units, will be fulfilled by the Contractor.

  • Delivery Schedule means that attribute of the Statement of Work setting forth the completion date of each Milestone and the delivery date for each Deliverable.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.