Common use of Dry Hole Determination Clause in Contracts

Dry Hole Determination. If Operator determines at any time during the drilling or attempted completion of any well drilled under this Agreement, in accordance with the generally accepted and customary oil and gas field practices and techniques then prevailing in the geographic area of the Well Location that the well should not be completed, then it shall promptly and properly plug and abandon the well.

Appears in 8 contracts

Samples: Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.), Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.), Drilling and Operating Agreement (Atlas Resources Public #17-2008 (B) L.P.)

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Dry Hole Determination. If Operator determines at any time during the drilling or attempted completion of any well drilled under this Agreement, in accordance with the generally accepted and customary oil and gas field practices and techniques then prevailing in the geographic area of the Well Location that the well should not be completed, then it shall promptly and properly plug and abandon the well.

Appears in 7 contracts

Samples: Drilling and Operating Agreement (Atlas America Public #14-2005 (A) LP), And Operating Agreement (Atlas America Public #14-2004 L.P.), Drilling and Operating Agreement (Atlas America Series 25-2004 a L P)

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