Common use of Well Control Clause in Contracts

Well Control. If new or existing xxxxx are coordinated or used in the operations to be performed hereunder, coverage for the cost of bringing a well under control in the event of blowout, including resultant pollution, seepage or contamination and resultant clean-up, cost to restore or re-drill a well due to blowout, crater or fire, and the cost of extinguishing an oil and gas well fire, shall be included. Limit shall be TWO HUNDRED million ($200M). This policy shall name the Lessor as Additional Insured and waiver of subrogation language shall be included.

Well Control. If new or existing xxxxx are coordinated or used in the operations to be performed hereunder, coverage for the cost of bringing a well under control in the event of blowout, including resultant pollution, seepage or contamination and resultant clean-up, cost to restore or re-drill a well due to blowout, crater or fire, and the cost of extinguishing an oil and gas well fire, shall be included. Limit shall be TWO HUNDRED million MILLION ($200M). This policy shall name the Lessor as Additional Insured and waiver of subrogation language shall be included.