Common use of Allocation of Costs Between Zones Clause in Contracts

Allocation of Costs Between Zones. Except as provided in Article 10.9 (Wells Proposed Below Deepest Producible Reservoir), if xxx any reason the Participating Interests of the Parties in a well are not the same for the entire depth or the Completion thereof, the costs of drilling, Completing, and equipping the well shall be allocated in an equitable manner, as agreed by the Parties, based on the value and allocation recommended in the applicable COPAS Guideline, as amended from time to time.

Appears in 2 contracts

Samples: Exploration Participation Agreement (Ridgewood Energy U Fund LLC), Exploration Participation Agreement (Ridgewood Energy P Fund LLC)

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Allocation of Costs Between Zones. Except as provided in Article 10.9 (Wells Xxxxx Proposed Below Deepest Producible Reservoir), if xxx for any reason the Participating Interests of the Parties in a well are not the same for the entire depth or the Completion thereof, the costs of drilling, Completing, and equipping the well shall be allocated in an equitable manner, as agreed by the Parties, based on the value and allocation recommended in the applicable COPAS XXXXX Guideline, as amended from time to time.

Appears in 2 contracts

Samples: Offshore Operating Agreement, Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)

Allocation of Costs Between Zones. Except as provided in Article 10.9 (Wells Proposed Below Deepest Producible Reservoir), if xxx any reason for anx xxxson the Participating Interests of the Parties in a well are not the same for the entire depth or the Completion thereof, the costs of drilling, Completing, and equipping the well shall be allocated in an equitable manner, as agreed by the Parties, based on the value and allocation recommended in the applicable COPAS Guideline, as amended from time to time.

Appears in 1 contract

Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)

Allocation of Costs Between Zones. Except as provided in Article 10.9 (Wells Proposed Below Deepest Producible Reservoir), if xxx any reason for anx xxxson the Participating Interests of the Parties in a well are not the same for the entire depth or the Completion thereof, the costs of drilling-drilling, Completing, and equipping the well shall be allocated in an equitable manner, as agreed by the Parties, based on the value and allocation recommended in the applicable COPAS Guideline, as amended from time to time.

Appears in 1 contract

Samples: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)

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Allocation of Costs Between Zones. Except as provided in Article 10.9 (Wells Proposed Below Deepest Producible Xxxxucible Reservoir), if xxx for any reason the Participating Interests of the Parties in a well are not the same for the entire depth or the Completion thereof, the costs of drilling, Completing, and equipping the well shall be allocated in an equitable manner, as agreed by the Parties, based on the value and allocation recommended in the applicable COPAS Guideline, as amended from xxxx time to time.

Appears in 1 contract

Samples: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)

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