Examples of Spacing in a sentence
Spacing and number of heads shall comply with recommendations of NFPA 13 for type of occupancy involved.
Further, each Spacing Unit for which production is allocated shall be deemed to have on Well thereon, regardless of the actual number of Xxxxx.
Upon any such unitization, the Overriding Royalty shall be quantified on the basis of the production allocated to each Spacing Unit on the Royalty Lands under the plan of unitization and not upon the basis of actual production from the Royalty Lands.
The Grantor shall thereafter give written notice to the Royalty Owner describing the extent to which the Royalty Lands are being pooled and describing the Spacing Unit with respect to which they are so pooled.
Portal agreed to pay 100% of Portal’s cost per Drill Spacing Unit to earn a 100% interest until pay-out and then, after pay-out, to drop to a 70% interest per Drill Spacing Unit.