Common use of Well Depth Clause in Contracts

Well Depth. The well(s) shall be drilled to a depth of approximately 15,000 feet, or to the formation, whichever is deeper, but the Contractor shall not be required hereunder to drill said well(s) below a maximum depth of feet, unless Contractor and Operator mutually agree to drill to a greater depth.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Well Depth. The well(s) shall be drilled to a depth of approximately 15,000 12,500 feet, or to the formation, whichever is deeper, but the Contractor shall not be required hereunder to drill said well(s) below a maximum depth of feet, unless Contractor and Operator mutually agree to drill to a greater depth.

Appears in 4 contracts

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

Well Depth. The well(s) shall be drilled to a vertical depth of approximately 15,000 4500 feet, or to the __________________________ formation, whichever is deeper, but the Contractor shall not be required hereunder to drill said well(s) below a measured maximum depth of 11.000 feet, unless Contractor and Operator mutually agree to drill to a greater depth.

Appears in 2 contracts

Samples: Agreement for Purchase of Term (Pedevco Corp), Escrow Agreement (Pedevco Corp)

Well Depth. The well(swell (s) shall be drilled to a depth of approximately 15,000 feet, or to the formation, whichever is deepervarious depths, but the Contractor shall not be required hereunder to drill said any well(s) below a maximum depth of ___feet, unless Contractor and Operator mutually agree to drill to a greater depth.

Appears in 1 contract

Samples: Concho Resources Inc

AutoNDA by SimpleDocs

Well Depth. The well(s) shall be drilled serviced to a depth of approximately 15,000 6,000 feet, or to the formation, whichever is deeper, but the Contractor shall not be required hereunder to drill said well(swalks) below a maximum depth of 8,500 feet, unless Contractor and Operator mutually agree to drill to a greater depth.

Appears in 1 contract

Samples: Agreement (Nevada Geothermal Power Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!