Subject Well definition

Subject Well means each well (whether now existing or hereinafter drilled) on the Leases in respect of which Grantor owns any interest or is entitled to any of the Hydrocarbons production or the proceeds therefrom (including directly or indirectly by virtue of the effect of any farmout or farmin provisions or other provisions).

Subject Well means a Well or a Future Well, as the context requires.

Subject Well is defined in Section 12.12(b).

Examples of Subject Well in a sentence

• Further, Applicant requests that the interests of any owners with whom the Applicant has been unable to secure a lease or other agreement to participate in the drilling of the Subject Well be deemed nonconsenting owners and made subject to the cost recovery provisions of §34-60-116(7), C.R.S., effective as of the earlier of the date of the Application, or the date the costs specified in §34-60-116(7)(b), C.R.S., are first incurred for the drilling of the Subject Well.

• In connection with any such conveyance or permanent cessation of production, Grantee shall, on request, immediately prior to such event, execute, acknowledge, and deliver to Grantor a recordable instrument (reasonably acceptable to Grantor) that terminates and releases the Net Profits Interest with respect to any such portion of the Subject Interests or Subject Well, as applicable, to Grantor.

• Specifically, Operator shall remain responsible for any Subject Well transferred to another operator which has not been returned to compliance in accordance with this Agreement.

• However, any Subject Well transferred and then brought into compliance with K.A.R. 82-3-111 shall no longer be the responsibility of Operator under this Agreement, and shall count towards Operator meeting its compliance obligations under this Agreement.

• Staff may prioritize the order in which the Subject Wells are addressed pursuant to this Agreement by indicating priority on the attached list and may adjust the prioritization at any time during this Agreement should a Subject Well or Wells become known to Staff to have a heightened pollution or public safety threat.

More Definitions of Subject Well

Subject Well has the meaning assigned to that term in the Conveyance.

Subject Well means a Developed Properties Subject Well or a Remaining Properties Subject Well.

Subject Well means a Well and/or Well Location, as the context requires.

Subject Well or "Subject Wells" means the oil and gas wells described in Exhibit "A" attached xxxxto as such Exhibit may bx xxxnded from time to time as provided herein.

Subject Well or "Subject Xxxxx" means the oil and gas xxxxx described in Exhibit "A" attached hereto as such Exhibit may be amended from time to time as provided herein.

Subject Well means each Well identified on Exhibit A-2 and Future Well identified on Exhibit A-3.

Subject Well or "Subject Wells" means any and all wells now located on the Leases or hereaftex xxxlled on the Leases, xxx xny other wells now or hereafter located on lands, waterbottoms, or leases pooxxx, communitized or unitized with the Leases, from the surface to the total depth to which any such well or wells may be drilled.