LIABILITY FOR THE WELL. Operator shall be liable for the cost of regaining control of any wild Well, as well as the cost of removal of debris and shall defend, indemnify and hold Contractor harmless, for any such cost, regardless of the cause thereof, including but not limited to the negligence of Contractor, its agents, employees or sub- contractors. Operator shall be responsible for and shall defend, indemnify and hold harmless Contractor from any claims in respect of loss or damage to the hole or Well. In the event the hole is lost or damaged because of the negligence of Contractor, Contractor's sole responsibility thereafter shall be the obligation to repair such damage within the limits of Contractor's normal complement of equipment and personnel or redrill the hole in the same Well or an alternate Well to the depth at which, such hole was lost at a rate equal to fifty (50) percent of the Operating Rate only by deploying the Drilling Unit and personnel provided however, that in the case of any relief Well, Operator shall be solely responsible for all other costs or damage with respect to such loss or damage, regardless of the cause of such loss or damage.
Appears in 4 contracts
Samples: Model Contract, Model Contract, Model Contract
