spud date definition

spud date means the date a new well has spudded or the date when commencement of drilling operations has begun for the sidetracking of a wellbore or the commencement of actual operations on a well for a workover, completion or abandonment;
spud date means the date of first actual penetration of the earth with a drilling bit.
spud date means the day on which the main drill bit begins drilling a well.

More Definitions of spud date

spud date means the date upon which Re-Work activities are initiated on a specified well in a Tranche.
spud date means the firm date by which Company wants Contractor’s Items Drilling and Contrac- tor’s Personnel available to commence the drilling of a Well as set out in a Work Order in accordance with in Appendix A.
spud date means the date upon which actual drilling operations commence for a given well drilled hereunder.
spud date. , in relation to a well, means the date selected by the Oil and Gas Commission as the date on which the ground was first penetrated for the purposes of drilling the well;

Related to spud date

  • Drop Dead Date has the meaning set forth in Section 9.01(b)(i).

  • fixed date means the date fixed in terms of subsection (2) of section one as the date of commencement of this Act;

  • Bid Date means the date fixed for receipt of Bids as per Notice Inviting Bids or as extended by subsequent notification(s).

  • Valid Date means a Scheduled Trading Day that is not a Disrupted Day and on which another Averaging Date in respect of the relevant Valuation Date does not or is not deemed to occur.

  • Designated Date means the date on which funds are transferred from the Escrow Account to the Public Offer Account or the Refund Account, as appropriate, or the funds blocked by the SCSBs are transferred from the ASBA Accounts to the Public Offer Account, as the case may be, in terms of the Red ▇▇▇▇▇▇▇ Prospectus and the Prospectus, after the finalisation of the Basis of Allotment in consultation with the Designated Stock Exchange, following which our Board may Allot Equity Shares to successful Bidders in the Offer.