Subsequent Well definition

Subsequent Well shall have the meaning assigned to it in subsection 9(b) hereof.
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Subsequent Well has the meaning set forth in Section 1.4 of this Agreement.
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Subsequent Well means, relative to any particular Prospect Area, any well drilled hereunder after the drilling of the Initial Well for such Prospect Area.
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Examples of Subsequent Well in a sentence

  • BOG shall have no obligation other than to so attempt to identify such Preferential Rights or Consents and to give the notices required by such identified Preferential Rights or Consents prior to the drilling of a Subject Well or Subsequent Well on the applicable BOG Properties.

  • For ▇▇▇▇▇ that are not Exploratory ▇▇▇▇▇ (“Subsequent ▇▇▇▇▇”), the Non-Participating Party shall forfeit and relinquish unto the Participating Party its right, title and interest in such Subsequent Well until the payout of the non-consent penalty under the Operating Agreement.

  • Notwithstanding anything herein to the contrary, Newfield shall not have the right to drill any Substitute Well, Subsequent Well or Additional Well from Apache's Eugene Island Block 346 "A" platform ("Platform") located at 3,298' F▇▇ ▇▇▇ 3,543' FWL of Eugene Island 346.

  • During that period of time prior to Pinnacle's election to participate Encal shall assist Pinnacle in the review of the proposed Subsequent Well.

  • BUYER shall have the right, but not the obligation, to connect such Subsequent Well to BUYER’s system at its expense.

  • The financial books and records of Xennex have been prepared and maintained in accordance with reasonable accounting principles, consistently applied, and give a true and fair view of the assets, liabilities, state of affairs, financial position, and results of operation of Xennex.

  • BOG's share of the Drilling Costs for the Subsequent Well is $1,000,000.

  • Upon an election by both Gasco and BOG to participate in the drilling of any particular Subsequent Well, Gasco's obligation to pay all BOG Carry Amounts associated with such Subsequent Well shall become absolute.

  • At Payout on a well by well basis, Encal shall serve written notice to Pinnacle that each such Subsequent Well has reached Payout whereupon the Overriding Royalty shall be terminated.

  • Stratex shall propose, in writing, to ▇▇▇▇▇▇ each Subsequent Well to be drilled pursuant to this Agreement.


More Definitions of Subsequent Well

Subsequent Well means any well to be drilled within an applicable Well Unit after the Initial Well has been drilled and completed or plugged and abandoned within such Well Unit.
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Subsequent Well means any Hydrocarbon well drilled by a Party at a location within the Gunsmoke Prospect following the drilling and Completion of the four (4) Obligation ▇▇▇▇▇ and the sixteen (16) Earning ▇▇▇▇▇.
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Related to Subsequent Well

  • Test Well means a well constructed for the purpose of obtaining information needed to design a well prior to its construction. Test wells are cased and can be converted to observation or monitoring wells and under certain circumstances to production wells

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • Horizontal well means a well with a horizontal displacement of the well bore drilled at

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Shallow well means a well located and constructed in such a manner that there is not a continuous layer of low permeability soil or rock (or equivalent retarding mechanism acceptable to the department) at least 5 feet thick, the top of which is located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.