Problems during Exploratory Well Drilling Sample Clauses

Problems during Exploratory Well Drilling. Should non controllable geological type problems, such as cavities, abnormal pressures, impenetrable formations, severe circulation losses, or other technical conditions arise during the drilling of an Exploratory Well corresponding to the Minimum Exploratory Program or to the Subsequent Exploratory Program arise, which impair the continuation of the Exploratory Well drilling in spite of the CONTRACTOR’s effort in continuing with the drilling efforts following the Oil Industry Good Practices, THE CONTRACTOR can request from XXX to accept the drilling obligation as fulfilled, by presenting a technical report in which he provides detailed description of the situation that has arisen, and of the efforts which have been carried out in order to solve the problem. Such report must be submitted to XXX within 15 calendar Days from the appearance of the non-controllable problem mentioned above. Should XXX accept THE CONTRACTOR to terminate the drilling operations on such well, he must abandon it or complete it to the reached depth, and the obligation regarding the Minimum Exploratory Program or the Subsequent Exploratory Program shall be understood as fulfilled.
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Related to Problems during Exploratory Well Drilling

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