Common use of Objective Horizon Clause in Contracts

Objective Horizon. The interval consisting of the deepest zone, formation, or horizon to be tested in an Exploratory Well, Development Well, Deepening operation, or Sidetracking operation, as stated in the AFE and approved by the Participating Parties.

Appears in 7 contracts

Samples: Offshore Operating Agreement, Offshore Operating Agreement (Ridgewood Energy Q Fund LLC), Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)

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Objective Horizon. The interval consisting of the deepest zone, formation, or horizon to be tested in an Exploratory Well, Development Well, Deepening operation, or Sidetracking operation, as stated in the AFE and approved by the Participating PartiesAuthorization for Expenditure.

Appears in 1 contract

Samples: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)

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