Competitive Rates and Use of Affiliates. All xxxxx drilled on the Contract Area shall be drilled on a competitive contract basis at the usual rates prevailing in the area. If it so desires, Operator may employ its own tools and equipment in the drilling of xxxxx, but its charges shall not exceed the prevailing rates in the area and the rate of the charges shall be agreed on by the parties in writing before drilling operations are commenced, and the work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contractors who are doing work of a similar nature. All work performed or materials supplied by affiliates or related parties of Operator shall be performed or supplied at competitive rates, pursuant to written agreement, and in accordance with customs and standards prevailing in the industry.
Competitive Rates and Use of Affiliates. Except as otherwise provided herein, all work performed or materials supplied by affiliates or related parties of Operator shall be performed or supplied at competitive rates, pursuant to written agreement, and in accordance with customs and standards prevailing in the industry.
Competitive Rates and Use of Affiliates. All Additional O&M Services shall be undertaken on a competitive basis, at the usual competitive rates prevailing in Midland-Odessa, Texas. If Operator so desires, Operator may employ its own tools, supplies, equipment, use of Affiliates or related parties in the performance of any Additional O&M Services so long as fees and expenses charged (i) do not exceed the prevailing rates in Midland-Odessa, Texas, and (ii) are in accordance with the terms of this O&M Agreement and Good Industry Practices. During the Term, Owner reserves the right to engage third parties to provide services equivalent or similar to the Additional O&M Services in accordance with Good Industry Practices and the BKEP Standards.
Competitive Rates and Use of Affiliates. All wells drilled in the Area of Mutual Interest shall be drilled on a cxxxxxitive contract basis at the usual rates prevailing in the area. If it so desires, the Manager of Operations or Contract Operator may employ its own tools and equipment in the drilling of wells, but its charges therefore shall not exceed the prevailing xxxxx in the area and the rate of such charges shall be agreed upon by the parties in writing before drilling operations are commenced, and such work shall be performed under the same terms and conditions as are customary and usual in the area in contracts of independent contractors who are doing work of a similar nature. All work performed or materials supplied by affiliates or related parties of the Manager of Operations and Contract Operator shall be performed or supplied at competitive rates, pursuant to written agreement, and in accordance with customs and standards prevailing in the industry.
Competitive Rates and Use of Affiliates. If it so desires, Operator may employ its own tools and equipment, but its charges there for shall not exceed the prevailing rates in the area and the rate of such charges shall be agreed upon by the parties in writing before drilling operations are commenced, and such work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contractors who are doing work of a similar nature. All work performed or materials supplied by affiliates or related parties of Operator shall be performed or supplied at competitive rates, pursuant to written agreement, and in accordance with customs and standards prevailing in the industry.
Competitive Rates and Use of Affiliates. All xxxxx drilled on the Contract Area shall be drilled on a competitive contract basis at the usual rates prevailing in the area wherein such operations are being conducted. If it so desires, Operator may employ its own tools and equipment in the drilling of the well(s), but its charges therefore shall not exceed the prevailing rates in such area. All work performed or materials supplied by affiliates or related parties of Operator shall not exceed the prevailing rates in such area.
