Common use of Exploratory Well Clause in Contracts

Exploratory Well. A well drilled for the purpose of discovering a new Reservoir or to determine the stratigraphy of an area, as well as the xxxxx drilled in the structural culminations which are geologically separated from the part of the structure previously studied.

Exploratory Well. A well drilled for the purpose of discovering to discover a new Reservoir or to determine the stratigraphy stratigraphic conditions of an a given area, as well as including the xxxxx drilled in the structural culminations which that are geologically separated from the part that portion of the same structure that was previously studiedinvestigated.

Exploratory Well. A well drilled for the purpose of discovering a new Reservoir or to determine the stratigraphy of an area, as well as the xxxxx drilled in the structural culminations which are geologically separated from the part of the structure same previously studiedstudied structured.