Wattenberg Field definition
Examples of Wattenberg Field in a sentence
Generally, the spacing unit for Colorado ▇▇▇▇▇ will encompass approximately 32 acres for ▇▇▇▇▇ drilled in the Wattenberg Field and approximately 20 acres for ▇▇▇▇▇ drilled in the Grand Valley Field.
PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 per Wattenberg Field well, $700 per Piceance Basin, $950 for Red Desert Basin or Williston Basin well and a monthly operating charge of $100 per well.
The Partnership will be assigned single well drilling or spacing units or portions thereof for prospects located on PDC's P▇▇▇▇▇▇ or Chevron acreage in Garfield County, Colorado or on acreage in PDC's N▇▇▇▇▇ or B▇▇▇▇▇ Project acreage in North Dakota or on development prospects located in the Greater Wattenberg Field Area.
PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $325 per Wattenberg Field well and $600 per Piceance Basin , Sand Wash Basin or Red Desert Basin well and a monthly Partnership Administration charge of $75 per well.
PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $325 per Wattenberg Field well and $600 per Piceance Basin well and a monthly Partnership Administration charge of $75 per well.
Generally, the spacing unit for Colorado ▇▇▇▇▇ will encompass approximately 32 acres for ▇▇▇▇▇ drilled in the Wattenberg Field and approximately 20 acres for ▇▇▇▇▇ drilled in the Grand Valley Field; however, smaller units may be utilized, provided the reduced spacing has been approved by the appropriate state regulatory authority.
For purposes of this Agreement "Major Business Activities" means oil and gas production and exploration activities in the Wattenberg Field of the Denver-Julesburg Basin in the State of Colorado.
PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for ▇▇▇▇▇! production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $325 per Wattenberg Field well and $600 per Piceance Basin well and Sand Wash Basin well and a monthly Partnership Administration charge of $75 per well.
Except for changes generally affecting the oil and gas industry, the sale of the Wattenberg Field, Colorado properties in January 2007 as disclosed in the Form 10-K, and any production or any natural decline in production since the date of the Reserve Reports, there has been no material change with respect to the matters set forth in or otherwise addressed by such Reserve Reports or the reserve estimates included in the Form 10-K.
Wattenberg Field Colorado Cretaceous Codell 6,500' -7, 800' $60 per foot $20 per foot Wattenberg Field Colorado Cretaceous J Sandstone 7,000' - 8,000' $72 per foot $23 per foot Piceance Basin Colorado Cretaceous Mesaverde 7,000' - 10,000' $150 per foot $85 per foot Sand Wash Basin Colorado Cretaceous and Tertiary Sands 8000' - 12,000' $150 per foot $85 per foot Red Desert Basin Wyoming Cretaceous and Tertiary Sands 8,000 to 12,000 Ft. $150 per foot.