Target Interval definition

Target Interval has the meaning set forth in Schedule TI.
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Target Interval means those depths that are equivalent stratigraphically to the entire correlative interval described below: From: A measured depth of [______________________________]; To: A measured depth of [________________________________________]; As identified in Type Log – API – [______________________]; Well Name: [__________________________________].
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Target Interval means the applicable formations and zones described on Schedule TI.
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Examples of Target Interval in a sentence

  • If Developer Completes more than the Annual LFO required for a calendar year within the Target Interval of the Subject Lands, then the LFO Completed in excess of the Annual LFO for that calendar year (the “Credited LFO”) shall be first credited to the Annual LFO for the Final Agreement Year.

  • Between [______________________] and [____________________], (the “Final Agreement Year”), Developer must Complete Development ▇▇▇▇▇ within the Target Interval of the Subject Lands comprising a minimum LFO of [______________] Feet ([__________]’).

  • For purposes of this Agreement, the term “Subject Lands” shall mean the tracts described on Exhibit A limited to the Target Interval.

  • Developer must begin Drilling Operations for the first Development Well within the Target Interval of the Subject Lands no later than [_________________].


More Definitions of Target Interval

Target Interval means the formations and zones from the top of the Niobrara formation to the base of the Codell formation, being the stratigraphic equivalent of the stratigraphic section between 5,991 feet measured depth and 6,295 feet measured depth, all as measured by the P▇▇▇▇▇▇▇ PC LG #19-06 well (API 05-123-33378) located in the SE/4 of the NW/4 of Section 19, Township 9 North, Range 59 West, 6th P.M., Weld County, Colorado.
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Target Interval means the stratigraphic interval between the Top of the Lower Spraberry and the Base of the Wolfcamp A.
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Target Interval means the interval from the top of the geologic formation known as the Niobrara formation to the base of the geologic formation known as the Codell formation as found at the location of the applicable Allocated Property-.
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Target Interval means the stratigraphic interval between the Top of the Lower Spraberry and the Base of the Wolfcamp A. (eee) “Tax” or “Taxes” means all federal, state, local and foreign income, profits, franchise, sales, use, ad valorem, property,
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Target Interval means the Haynesville Formation, being that certain geologic zone(s) and formation(s) occurring at the stratigraphic equivalent of that gas and condensate bearing interval encountered between the depth of 10,368 MD and 10,684 MD as encountered and identified on the Array Induction Gamma Ray-SP Log dated May 3, 2005 for the EOG Resources USA #74 Well (API#17-015-23633) as located in S▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇, ▇▇▇▇▇ 11 West, Bossier Parish, Louisiana.
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Target Interval means the formations and zones from the top of the Niobrara formation to the base of the Codell formation, being the stratigraphic equivalent of the stratigraphic section between 5,991 feet measured depth and 6,295 feet measured depth, all as measured by the Peterson PC LG #19-06 well (API 05-123-33378) located in the SE/4 of the NW/4 of Section 19, Township 9 North, Range 59 West, 6th P.M., Weld County, Colorado.
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Target Interval means the Haynesville Formation, being that certain geologic zone(s) and formation(s) occurring at the stratigraphic equivalent of that gas and condensate bearing interval encountered between the depth of 10,368 MD and 10,684 MD as encountered and identified on the Array Induction Gamma Ray-SP Log dated May 3, 2005 for the EOG Resources USA #74 Well (API#17-015-23633) as located in Section 6, Township 17 North, Range 11 West, Bossier Parish, Louisiana.
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