Common use of Operator’s Equipment Clause in Contracts

Operator’s Equipment. Operator shall assume liability at all times for damage to or destruction of Operator’s or its co-venturers’, co-lessees’ or joint owners’ equipment, including, but not limited to, casing, tubing, well head equipment, and platform if applicable, regardless of when or how such damage or destruction occurs, and Operator shall release Contractor of any liability for any such loss or damage.

Appears in 7 contracts

Samples: Master Drilling Agreement (Mammoth Energy Services, Inc.), Escrow Agreement (Pedevco Corp), Master Drilling Agreement (Mammoth Energy Partners LP)

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Operator’s Equipment. Operator shall assume liability at all times for damage to or destruction of Operator’s or its co-venturersventurcrs’, co-lessees’ or joint owners’ equipment, including, but not limited to, casing, tubing, well head equipment, and platform if applicable, regardless of when or how such damage or destruction occurs, and Operator shall release Contractor of any liability for any such loss or damage.

Appears in 1 contract

Samples: Master Drilling Agreement (Diamondback Energy, Inc.)

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Operator’s Equipment. Operator shall assume liability at all times for loss of, damage to or destruction of OperatorOperator Group’s or and its co-venturers’, co-lesseesother contractorsor joint ownersand invitees’ equipment, including, but not limited to, casing, tubing, and well head equipment, and platform if applicable, regardless of when or how such loss, damage or destruction occurs, and Operator shall release Contractor Group of any liability for any such loss loss, damage or damagedestruction and shall protect, defend and indemnify Contractor Group from and against any and all claims, liability and expense relating to such loss, damage or destruction.

Appears in 1 contract

Samples: Onshore Drilling Contract (Tamboran Resources Corp)

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