Definition of Plugging and Abandonment

  1. Plugging and Abandonment means all plugging and abandonment of wells, and associated removal of Other Property, the removal, capping or burying of all associated flowlines, the restoration of the surface, site clearance, and any disposal of related waste materials, including naturally occurring radioactive material (NORM) and asbestos on the Other Property removed. Plugging and Abandonment does not cover cleanup of polluted lands, air or water other than routine surface cleanup of the drillsite area normally associated with plugging and abandonment.

Examples of Plugging and Abandonment in a sentence

  1. Agreement shall mean this Turnkey Platform Decommissioning and Well Plugging and Abandonment Contract, including all exhibits, schedules, appendices or attachments hereto, as any of said documents may be amended and supplemented from time to time in accordance with the terms hereof.

Definition of Plugging and Abandonment in Purchase and Sale Agreement

Plugging and Abandonment means all plugging and abandonment of wells, and associated removal of Other Property, the removal, capping or burying of all associated flowlines, the restoration of the surface, site clearance, and any disposal of related waste materials, including naturally occurring radioactive material (NORM) and asbestos on the Other Property removed. Plugging and Abandonment does not cover cleanup of polluted lands, air or water other than routine surface cleanup of the drillsite area normally associated with plugging and abandonment.