Producing Interval definition
Producing Interval means any section of a wellbore that is open to, or intended to be open to, a formation or part of a formation that is intended to produce or is capable of producing oil or gas, or both, after well completion operations. The section of the wellbore may be open to the formation or part of the formation by any means, and may include but is not limited to, a section of a wellbore that is either uncased or has perforated casing.
Producing Interval means an Interval that is, or is reasonably expected to be (as the case may be), Productive.
Producing Interval means an Interval at which Petroleum is, or is reasonably expected to be (as the case may be), Produced.
More Definitions of Producing Interval
Producing Interval means, with respect to each Wellbore, the interval between and including the shallowest and deepest perforations in such Wellbore that are producing or capable of producing Hydrocarbons in Paying Quantities at the Effective Time.
Producing Interval means a perforation from which production is obtained;
Producing Interval means the geologic interval in which a well is actually perforated and producing as identified by reference to Lessee's well logs.
Producing Interval means that portion of a directional well drilled inside a pool’s vertical limits between its penetration point and its terminus.