Spudded definition
Examples of Spudded in a sentence
As to each Program Well, once Spudded, APH shall conduct operations as a reasonable and prudent operator, diligently and without unreasonable interruption (any interruption of more than thirty (30) days being conclusively deemed unreasonable), until Completion.
Notwithstanding any other provision of this Article, if a Party has not received all information to which it is or will be entitled (other than from Production Tests delayed with the Farmor's consent) for any Earning Well Spudded prior to an acquisition of Mutual Interest Lands, a Party may, by notice to the other Parties, defer its election to acquire an interest in those Mutual Interest Lands until such time as all of that information is received.
Beginning on the date of such suspension and ending on the earlier to occur of (x) the Spudding of either the Gate Canyon Test Well or the Wilkin Ridge Test Well and (y) the six (6) month anniversary of such suspension (the “Extension Period”), unless otherwise extended by the Operating Committee, Gasco shall have no obligation to conduct any operations contemplated by the Drilling Program and all ▇▇▇▇▇ that are Spudded during such Extension Period will not be Program ▇▇▇▇▇.