Fixed Rate Basis. (1) Operator shall charge the Joint Account at the following rates per well, per month: Drilling Well Rate $5,000 Drilling $5,000 Completion. (Prorated for less than a full month) Producing Well Rate $500.
Appears in 2 contracts
Samples: Golden Lane Participation Agreement (New Source Energy Partners L.P.), Golden Lane Participation Agreement (New Source Energy Corp)
Fixed Rate Basis. (1) Operator shall charge the Joint Account at the following rates per well, per month: Drilling Well Rate $5,000 10,000; Drilling $5,000 10,000 Completion. (Prorated for less than a full month) Producing Well Rate $500.1,000
Appears in 2 contracts
Samples: Joint Operating Agreement, Operating Agreement (New Source Energy Corp)
Fixed Rate Basis. (1) Operator shall charge the Joint Account at the following rates per well, well per month: See Attached Addenda Drilling Well Rate $5,000 Drilling $5,000 Completion. ___ (Prorated for less than a full month) Producing Well Rate $500.___
Appears in 2 contracts
Samples: Operating Agreement (EV Energy Partners, LP), Operating Agreement (EV Energy Partners, LP)
Fixed Rate Basis. (1) Operator shall charge the Joint Account at the following rates per well, per month: Drilling Well Rate Rate: $5,000 Drilling $5,000 Completion. 800 per month for each well (Prorated for less than a full month) Producing Well Rate Rate: $500.800 per month for each well
Appears in 1 contract
