Common use of Temporary and Permanent Decommissioning of Xxxxx Clause in Contracts

Temporary and Permanent Decommissioning of Xxxxx. The Contractor must ensure the plugging and abandonment of dry holes, oil and gas xxxxx that are no longer economically viable for production, or which have wellbore issues that require closure using Best International Industry Standards and Practices that ensure well integrity, avoid leakage and protect the environment. In carrying out well plugging and abandonment the Contractor must:

Appears in 2 contracts

Samples: Production Sharing Agreement, Sharing Agreement

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Temporary and Permanent Decommissioning of Xxxxx. The Subject to the Act, Regulations and any other Applicable Law, the Contractor must shall ensure the plugging and abandonment of dry holes, oil and gas xxxxx that are no longer economically viable for production, or which have wellbore issues that require closure using Best International Industry Standards and Practices that ensure well integrity, avoid leakage and protect the environment. In carrying out well plugging and abandonment the Contractor mustshall at minimum:

Appears in 1 contract

Samples: Model Production Sharing Agreement

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Temporary and Permanent Decommissioning of Xxxxx. The Subject to the Act, Regulations and any other Applicable Law, the Contractor must shall ensure the plugging and abandonment of dry holes, oil and gas xxxxx that are no longer economically viable for production, or which have wellbore issues that require closure using Best International Industry Standards and Practices that ensure well integrity, avoid leakage and protect the environment. In carrying out well plugging and abandonment the Contractor mustshall, at minimum:

Appears in 1 contract

Samples: oilnow.gy

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