Common use of DEPTH Clause in Contracts

DEPTH. Subject to the right of the Partnership to direct the stoppage of work at any time (as provided in paragraph 7), the Partnership Wellx xxxll be drilled to the depth as specified in Exhibit "1" or to the depth at which the production casing (oil string) is set, whichever depth is first reached, which depth is hereinafter referred to as the "Contract Depth."

Appears in 5 contracts

Samples: Drilling Contract (Blue Ridge Energy Inc), Drilling Contract (Blue Ridge Energy Inc), Drilling Contract (Blue Ridge Energy Inc)

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DEPTH. Subject to the right of the Partnership to direct the stoppage of work at any time (as provided in paragraph 7), the Partnership Wellx xxxll Well shall be drilled to the depth as specified in Exhibit "1" or to the depth at which the production casing (oil production string) is set, whichever depth is first reached, which depth is hereinafter referred to as the "Contract Depth."

Appears in 4 contracts

Samples: Turnkey Drilling Contract (Bayou City Exploration, Inc.), Turnkey Drilling Contract (Bayou City Exploration, Inc.), Drilling Contract (Bayou City Exploration, Inc.)

DEPTH. Subject to the right of the Partnership to direct the stoppage of work at any time (as provided in paragraph 7), the Partnership Wellx xxxll Xxxxx shall be drilled to the depth as specified in Exhibit "1" or to the depth at which the production casing (oil production string) is set, whichever depth is first reached, which depth is hereinafter referred to as the "Contract Depth."

Appears in 4 contracts

Samples: Turnkey Drilling Contract (Bayou City Exploration, Inc.), Turnkey Drilling Contract (Bayou City Exploration, Inc.), Turnkey Drilling Contract (Bayou City Exploration, Inc.)

DEPTH. Subject to the right of the Partnership to direct the stoppage of work at any time (as provided in paragraph 7), the Partnership Venture Wellx xxxll be drilled to the depth as specified in Exhibit "1" or to the depth at which the production casing (oil string) is set, whichever depth is first reached, which depth is hereinafter referred to as the "Contract Depth."

Appears in 2 contracts

Samples: Drilling Contract (Blue Ridge Energy Inc), Blue Ridge Energy Inc

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DEPTH. Subject to the right of the Partnership to direct the stoppage of work at any time (as provided in paragraph 7), the Partnership Wellx xxxll Well shall be drilled to the depth as specified in Exhibit "1" or to the depth at which the production casing (oil production string) is set, whichever depth is first reached, which depth is hereinafter referred to as the "Contract Depth."

Appears in 1 contract

Samples: Turnkey Drilling Contract (Bayou City Exploration, Inc.)

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