Common use of Difficulties During Drilling Clause in Contracts

Difficulties During Drilling. In the event of any difficulty arising which precludes either drilling ahead under reasonably normal procedures or the performance of any other operations planned for a well, Contractor may suspend the work in progress and shall immediately notify the representative of Operator, in the meantime exerting reasonable effort to overcome the difficulty. In the event Contractor is required to drill a relief well(s) or to undertake well control activities, such operations may be subject to the consent of, and additional conditions imposed by, Contractor’s underwriters. Any additional premiums and all deductibles shall be for Operator’s account during such operations.

Appears in 3 contracts

Samples: Us Offshore Daywork Drilling Contract, International Offshore Daywork Drilling Contract, Offshore Daywork Drilling Contract

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Difficulties During Drilling. In the event of any difficulty arising which precludes either drilling ahead under reasonably normal procedures or the performance of any other operations planned for a well, Contractor may suspend the work in progress and shall immediately notify the representative of Operator, in the meantime exerting reasonable effort to overcome the difficulty. In the event Contractor is required to drill a relief well(s) or to undertake well control activities, such operations may be subject to the consent of, and additional conditions imposed by, Contractor’s 's underwriters. Any additional premiums and all deductibles shall be for Operator’s 's account during such operations.

Appears in 1 contract

Samples: International Land Daywork Drilling Contract

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Difficulties During Drilling. In the event of any difficulty arising which precludes either drilling ahead under reasonably normal procedures or the performance of any other operations planned for a well, Contractor may suspend the work in progress and shall immediately notify the representative of Operator, in the meantime exerting reasonable effort to overcome the difficulty. In the event Contractor is required to drill a relief well(s) or to undertake well control activities, such operations may be subject to the consent of, and reasonable additional conditions or premiums imposed by, by Contractor’s underwriters. Any With respect to any additional premiums and all deductibles deductibles, unless otherwise agreed in advance in writing by Operator and Contractor, the first $1,500,000 thereof shall be for Operator’s account during such operationsand the excess amount shall be for both Operator’s and Contractor’s accounts in equal portions.

Appears in 1 contract

Samples: International Daywork Drilling Contract (Cobalt International Energy, Inc.)

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