Definition of Plugging and Abandonment


Plugging and Abandonment means all plugging, replugging, abandonment, equipment removal, disposal or restoration associated with the wells on or connected to Platform Grace, including, but not limited to, all plugging and abandonment, removal, surface or seabed restoration, disposal of the wells and personal property located on Platform Grace (whether drilled or placed on Platform Grace or the MMS Lease prior to or after the Closing Date), and any disposal of related waste materials, all in accordance with Applicable Laws and the terms and conditions of the MMS Lease and Unit Agreement, and the orders of Governmental Authorities.

Examples of Plugging and Abandonment in a sentence

Buyer shall conduct all Plugging and Abandonment Obligations and all other operations with respect to the Assets in a good and workmanlike manner and in compliance with all Laws, including Environmental Laws and Laws (now or hereafter in effect) relating to the protection of natural resources.
Buyer specifically covenants that it will comply with all Applicable Laws with respect to (i) all exploration, drilling, production, Plugging and Abandonment, and (ii) the control, regulation and prevention of pollution, including, but not limited to, saltwater discharge and contamination.
UIC Program Class VI Financial Responsibility Guidance D-4 Appendix D: Plugging and Abandonment Checklist Injection Well Plugging and Abandonment Normal Costs 1.
C-3 Appendix D: Injection Well Plugging and Abandonment Checklist for Financial Responsibility Cost Determination .........................................................................................
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.