Ownership of Production. Production from each well drilled on a Prospect Area will be owned pursuant to the terms of this Agreement and the Operating Agreement for such Prospect Area.
Appears in 6 contracts
Samples: Participation Agreement (Ridgewood Energy Y Fund LLC), Participation Agreement (Ridgewood Energy W Fund LLC), Participation Agreement (Ridgewood Energy T Fund LLC)
Ownership of Production. Production from each well drilled on a Prospect the Contract Area will be owned pursuant to the terms of this Agreement and the Operating Agreement for such Prospect AreaAgreement.
Appears in 6 contracts
Samples: Participation Agreement (Ridgewood Energy Y Fund LLC), Participation Agreement (Ridgewood Energy Y Fund LLC), Participation Agreement (Ridgewood Energy U Fund LLC)
