Examples of Offset Well in a sentence
The Lessee has the duty and obligation to protect the Lessor against the drainage of Leased Substances from the Leased Lands as a result of an Offset Well.
Lessee may delay the drilling of an Offset Well for a period not to exceed one (1) year by making payments to Lessor in the same manner and amount equal to one-half (1/2) the royalties Lessee would have to pay pursuant to this Lease, as if the production being obtained from the Adjacent Well was being obtained from a well producing from the Leased Premises ( “Offset Royalties”).
Offset Well Administrative RuleThe current Policy of the Board and University and School Lands for the Enforcement of 1979 Oil and Gas Lease Form Provisions Relating to Offset Wells has been administered since 1987.
COGCC Offset Well Plugging Policy Addresses Nearby Abandoned Wells that Could Lead to Groundwater Contamination ..............................................
Includes horizontal wells completed since January 2010 (2) ESTE estimate of Middle Spraberry, Lower Spraberry and Wolfcamp A locations assuming 880’ well spacing IRM “Spanish Pearl” and Offset Well Results(1)IRM Spanish Pearl Area Activity Middle Spraberry Lower Spraberry Wolfcamp A Well # Well Name Operator TLL (ft.) 6 Month Oil Cum / 1,000' (bo) Comp.