Rig Release definition

Rig Release means that time when Operator provides notice to Contractor that all of the Work on the last Designated Well is ended and Operator’s Items have been offloaded from the Rig, and the Rig is underway at least one thousand feet (1000’) from the location of the last Designated Well.
Sample 1
Rig Release means the point in time at which the Parties cease incurring costs to the drilling contractor in respect of the Mariner Test Well provided that if a delineation well is drilled from the same surface location as the Test Well then in such event “Rig Release” shall mean the point in time that the repositioning of the rig xxxxxxx occurs in order to drill such delineation well without moving the hull of the rig;
Sample 1
Rig Release means when the rig and other Constructional Plant has completed Lihir Gold Limited Contract No LGL-MO-0107 Provision of Geothermal Coring Services Part IV : Specification operations on a well and is deemed by the Principal’s Representative to be no longer required for operations and can be dismantled and moved away from the well pad. The time of rig release shall be entered on to the daily drilling report.
Sample 1

Examples of Rig Release in a sentence

  • Spud Date Rig Release Date Total Drilling Days Drilling Daywork$ Directional Drilling and Surveys$ Logging programs$ Coring programs$ Drillstem Testing (open or cased hole)$ CONSUMABLES Fuels and Lubricants$ Drilling Fluid Products$ Bits$ Cement$ Casing and Tubulars$ Other (specify)$ Total Consumables$ Equipment Rentals$ Camp and Catering Costs$ Well Abandonment$ Other Costs associated with Drilling and Abandonment.

  • Furthermore, the measured U50 was utilised in (7) to calculate (Emax /p)B value.Uthe enclosure, which is facilitated by the profiled design.

  • Well completion activities are tentatively scheduled to begin in December, 2017.A projected completion diagram is attached.Spud Date: October 23, 2013 Rig Release Date: November 20, 20131 hereby certify that the information above is true and complete to the best of my knowledge and belief.

  • The assignment shall be effective on the first day of the month following the date on which Rig Release occurs (the “Option Exercise Date”) and shall be free and clear of any lien or encumbrance or any additional royalty burdens on the Leases arising after the Effective date.

  • Rig Release Date: .Longitude NAD83/ hereby certify that the information shown on both sides ofthisform is true and complete to the best of my knowledge and beliefPrintedSignature Name Tessa Fitzhugh Title Reg.

  • Energy]Well Name: FRIESS FEDERAL 4Field Name County pango * Survey, Ground Elevation (ft)3,598 .00Orig KB Elev (ft) KB-Grd (ft) 1 Initial Spud Date Rig Release Date TD Date Latitude (])ffc*l A; • -c '3,612.00 14.00 15/29/1996 6/6/1996 \i 43 2 34j N ■Original Hole, 2/7/2017 4:22:51 PMMD Vertical schematic (actual) WellboresOriginal Hole Data(ftKB) -5.9-0.3North-South Distance (ft) NS Flag East-West Distance (ft) EW Flag1,680.0 FSL 2,650,0 FWLCasing Strings 0.0Csg DesSurfaceSet Dept.

  • SEE ATTACHED P&A PROCEDURE AND SCHEMATIC Spud Date: Rig Release Date: hereby certify that the.information above is true and complete to the best of my knowledge and belief.

  • In order to exercise the Repurchase Option, Seller must give Buyer written notice of its exercise on the earlier to occur of (i) the date Seller gives notice of its election to participate in a Commitment Well under Section 7.3(b) or (ii) the sixtieth (60th) day after the Rig Release Date for the third Commitment Well that is commenced pursuant to the foregoing obligations or the Repurchase Option shall expire.

  • The following information with respect to additional drilled segments (e.g. sidetracks/ghost hole, etc.) associated with the wellbore drilling activity must be submitted into IRIS during immediate reporting (i.e. within seven days of the Rig Release Date) or can be submitted under the “Sidetracks/Ghosts” tab on the wellbore screen (i.e. within 30 days of the Drilling Activity End Date):  depth pulled back to MD (in metres); and  depth drilled to MD (in metres).

  • Click on the Actions box to Export table to excel.Note: Examples of Event types include Spude Date, WellStatus, Rig Release Date, Completed Operation Date, etc.

Related to Rig Release

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Work release means a program of partial confinement

  • New Release means new releases, updates or versions of the Software made generally available by SAP through unrestricted shipment pursuant to SAP Support after the Effective Date of the Agreement.

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • SHIPPING RELEASE means the document issued by the inspector or the inspection agency nominated by the Purchaser authorising the Contractor to ship the Stores on satisfactory completion of inspection.

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • General Release has the meaning stated in Section 6.03.

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

  • Conditional release means a revocable modification of a

  • Earned release means earned release from confinement as

  • Deed of Release has the meaning set out in the Restructuring Implementation Deed;

  • Release means any release, spill, emission, leaking, pumping, pouring, injection, escaping, deposit, disposal, discharge, dispersal, dumping, leaching or migration of any Hazardous Material into the indoor or outdoor environment (including the abandonment or disposal of any barrels, containers or other closed receptacles containing any Hazardous Material), including the movement of any Hazardous Material through the air, soil, surface water or groundwater.

  • Proof of Claim and Release means the Proof of Claim and Release form for submitting a Claim, which, subject to approval of the Court, shall be substantially in the form attached hereto as Exhibit A-2, that a Class Member must complete and submit should that Class Member seek to share in a distribution of the Net Settlement Fund.

  • Mutual Release means the Mutual Release, substantially in the form attached as Exhibit F hereto.

  • Major Release means a major update or upgrade to the Software, which includes significant enhancements and/or a major redesign of the Software, identified by Bosch by a change to the first digit in the release number (e.g. change from version 2.0 to 3.0).

  • Minor Release means a minor update or upgrade to the Software (including service releases or bug fixes), identified by Bosch by a change in the second or following digit in the release number (e.g. change from version 2.1 to 2.2 or 2.2.1 to 2.2.2.).

  • Accidental release means an unanticipated emission of a regulated substance or other extremely hazardous substance into the ambient air from a stationary source.

  • Software Release means any subsequent version of Software provided by EMC after initial Delivery of Software, but does not mean a new Product.

  • Signing Press Release has the meaning set forth in Section 5.4(b).

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Closing Press Release has the meaning set forth in Section 5.4(b).

  • Debtor Release means the release given on behalf of the Debtors and their Estates to the Released Parties as set forth in Article VIII.D of the Plan.

  • Threat of Release means a substantial likelihood of a Release that requires action to prevent or mitigate damage to the Environment that may result from such Release.

  • Maintenance Release means any update, upgrade, release or other adaptation or modification of the Software, including any updated Documentation, that Contractor may generally provide to its licensees from time to time during the Term, which may contain, among other things, error corrections, enhancements, improvements or other changes to the user interface, functionality, compatibility, capabilities, performance, efficiency or quality of the Software.