No Drainage. Subsequent to the Drilling Obligation Completion Date, neither Assignor nor any of its Affiliates shall drill any Mineral well that will have a perforation or a stimulation site in the Target Formation that will be within six hundred sixty feet (660’) of any perforation or stimulation site of any Development Well which produces oil or gas from the Target Formation.
Appears in 6 contracts
Samples: Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Long Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II)
No Drainage. Subsequent to the Drilling Obligation Completion Date, neither Assignor nor any of its Affiliates shall drill any Mineral well that will have a perforation or a stimulation site in the Target Formation that will be within six hundred sixty feet (660’) of any perforation or stimulation site of any Development Well which produces oil or gas from the Target Formation.
Appears in 6 contracts
Samples: Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II)
No Drainage. Subsequent to the Drilling Obligation Completion Date, neither Assignor nor any of its Affiliates shall drill any Mineral well that will have a perforation or a stimulation site in the Target Formation that will be within six one hundred sixty seventy feet (660170’) of any perforation or stimulation site of any Development Well which produces oil or gas from the Target Formation.
Appears in 3 contracts
Samples: Perpetual Overriding Royalty Interest Conveyance (SandRidge Permian Trust), Term Overriding Royalty Interest Conveyance (SandRidge Permian Trust), Perpetual Overriding Royalty Interest Conveyance (SandRidge Permian Trust)
No Drainage. Subsequent to the Drilling Obligation Completion Date, neither Assignor nor any of its Affiliates shall drill any Mineral well that will have a perforation or a stimulation site in the Target Formation that will be within six one hundred sixty seventy feet (660170’) of any perforation or stimulation site of any Development Well which produces oil or gas from the Target Formation.
Appears in 3 contracts
Samples: Term Overriding Royalty Interest Conveyance (SandRidge Permian Trust), Perpetual Overriding Royalty Interest Conveyance (SandRidge Permian Trust), Perpetual Overriding Royalty Interest Conveyance (SandRidge Permian Trust)
No Drainage. Subsequent to the Drilling Obligation Completion Date, neither Assignor nor any of its Affiliates shall drill any Mineral well that will have a perforation or a stimulation site perforated segment in the Target Formation that will be within six hundred sixty feet (660’) of any perforation or stimulation site perforated interval of any Development Well which produces oil or gas from the Target Formation.
Appears in 2 contracts
Samples: Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I), Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I)
No Drainage. Subsequent to the Drilling Obligation Completion Date, neither Assignor nor any of its Affiliates shall drill any Mineral well that will have a perforation or a stimulation site perforated segment in the Target Formation that will be within six hundred sixty feet (660’) of any perforation or stimulation site perforated interval of any Development Well which produces oil or gas from the Target Formation.
Appears in 2 contracts
Samples: Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I), Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I)
