Well Depth definition

Well Depth means the well depth measured along the well bore from the rotary table to the total depth. In case the well is a deepening of an existing well, the well depth is measured from the deepest point in the existing well to the new total depth. In case a well is side-tracked, the depth shall not include any depth drilled below the kick off point of the side track, but shall include the redrilled part of the well from the kick off point to the total depth.

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Well Depth. The well(s) shall be drilled to a depth of approximately feet, or to the formation, whichever is deeper, but the Contractor shall not be required hereunder lo drill said well(s) below a maximum depth of feet, unless Contractor and Operator mutually agree to drill to a greater depth.

Well Depth. ▇▇▇▇▇ will have a total drilled depth of approximately 4,000 feet (includes both vertical and horizontal depths).

Examples of Well Depth in a sentence

• Block Designation Area (km2) Exploration Well Minimum Well Depth (age) Value of the Financial Guarantee of the Exploration Phase (BRL) XX (insert amount in words) Pursuant to Law No. 12.351/2010, the Contractors shall pay the following Government Revenues: Signature Bonus in the amount of BRL XXX (insert amount in words); and Royalties in the amount corresponding to 15% (fifteen percent) of the Total Volume of Oil and Natural Gas Production carried out in the Agreement Area.

• Type: Gas Electric Other Type: Public Private Community Cistern/Water Tank If Cistern/Water Tank: Size Other If Private: Well Depth: feet.

• Location Target Formation Approximate Well Depth Intangible Drilling and Completion Cost* Intangible Dry Hole Cost* Wattenberg Field Cretaceous Codell 6,500 - 7,800' $57 per foot $19 per foot Wattenberg Field Cretaceous J Sandstone 7,000 - 8,000' $68 per foot $22 per foot Piceance Basin Cretaceous Mesaverde 7,000 -10,000' $135 per foot $76 per foot * The depth used for determination well charges will be the deepest penetration by the drilling bit.

• If Canadian Superior and CNE mutually elect to drill the Mariner Test Well to a depth greater than the Test Well Depth, each Party shall continue to he responsible for and shall pay its Participating Interest share of the costs and expenses associated with drilling the Mariner Test Well to such greater depth and thereafter Capping or Abandoning the Mariner Test Well.

• The Mariner Test Well shall be drilled to the Test Well Depth and shall be continuously drilled and Capped or Abandoned in accordance with the terms of this Agreement, the Regulations and good offshore oilfield practices.

More Definitions of Well Depth

Well Depth means the depth (TVD / MD) of each Well as may be specified in SunPetro’s Completion Programme, which SunPetro may amend from time to time.

Well Depth. ▇▇▇▇▇ are approximately 2,900 feet deep, producing from the Booch Zone. Summary: Two ▇▇▇▇▇ producing 5 to 6 barrels per day. An additional well is currently being worked on and should be in production within a week, increasing production by approximately 3 barrels per day. Potential: Originally an ARCO (Atlantic Rich- field) property. There are an additional 4 well bores on the ▇▇▇▇▇▇▇▇▇▇ lease that could possibly be activated. Additional Geological work is required to evaluate deeper zones and behind pipe potential.

Well Depth. ▇▇▇▇▇ are approximately 2,900 feet deep and production is from the ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ zones.

Well Depth means, the well depth measured along the well bore from the rotary table to the total depth for onshore ▇▇▇▇▇. In case the well is a deepening of an existing well, the well depth is measured from the deepest point in the existing well to the new total depth. In case a well is side-tracked, the depth shall not include any depth drilled below the kick off point of the side track, but shall include the redrilled part of the well from the kick off point to the total depth. In case a well is horizontally drilled or deviated, the length of the horizontal/deviated segment well shall be added to the vertical well depth.

Well Depth means the distance from the ground surface to the bottom of the well screen or to the bottom of the open hole when a well screen is not used.