Drillsite definition

Drillsite means the Oil and Gas Lease or Oil and Gas Interest on which a proposed well is to be located.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Drillsite means the oil and gas lease or interest on which a proposed well is to be located.

Drillsite means the site on which a proposed well is to be located.

Examples of Drillsite in a sentence

• Title examination shall be made on the Drillsite of any proposed well prior to commencement of drilling operations and, if a majority in interest of the Drilling Parties so request or Operator so elects, title examination shall be made on the entire Drilling Unit, or maximum anticipated Drilling Unit, of the well.

• Each party contributing Leases and/or Oil and Gas Interests to be included in the Drillsite or Drilling Unit, if appropriate, shall furnish to Operator all abstracts (including federal lease status reports), title opinions, title papers and curative material in its possession free of charge.

• No well shall be drilled on the Contract Area until after (1) the title to the Drillsite or Drilling Unit, if appropriate, has been examined as above provided, and (2) the title has been approved by the examining attorney or title has been accepted by all of the Drilling Parties in such well.

• Each party contributing Oil and Gas Interests to be included in the Drillsite or Drilling Unit, if appropriate, shall furnish to Operator all abstracts (including federal lease status reports), title opinions, title papers and curative material in its possession free of charge.

• Title examination shall be made on the Drillsite of any proposed well prior to commencement of drilling operations.

• No well shall be drilled on the Contract Area until after (1) the title to the Drillsite has been examined as above provided, and (2) the title has been accepted by all of the Parties.

• No well shall be drilled on the Contract Area until after (1) the title to the Drillsite or Drilling Unit, if appropriate, has been examined as provided above, and (2) the title has been approved by the examining attorney or title has been accepted by all of the Drilling Parties in the well.

• All operations conducted under such Drillsite shall remain subject to the terms and provisions of this agreement.

• Each Party contributing Oil and Gas Leases to be included in the Drillsite or the Drilling Unit, if appropriate, shall furnish to Operator all abstracts (including federal lease status reports), title opinions, title papers and curative material in its possession free of charge.

• All buildings and structures of a permanent nature constructed by Operator within the boundaries of a Drillsite shall be maintained in good repair.

More Definitions of Drillsite

Drillsite shall have the meaning given to that term in the Operating Agreement.

Drillsite means the oil or gas lease or interest on which a proposed well is to be located. H. The terms "Drilling Party" shall mean a party who agrees to join in and pay its share of the cost of any operation conducted under the provisions of this agreement. Unless the context otherwise clearly indicates, words used in the singular include the plural, the plural includes the singular, and the neuter gender includes the masculine and the feminine. ARTICLE

Drillsite shall have the meaning given to that term in Article I, Paragraph I of the Operating Agreement.