Well Operations Clause Samples
The Well Operations clause defines the rules and responsibilities related to the planning, execution, and management of drilling, completion, and maintenance activities for oil or gas wells. It typically outlines the standards for operational procedures, safety requirements, and reporting obligations that must be followed during well operations. For example, it may specify who is authorized to make operational decisions, how incidents must be reported, and what safety protocols are mandatory. The core function of this clause is to ensure that all well-related activities are conducted safely, efficiently, and in compliance with regulatory and contractual requirements, thereby minimizing operational risks and clarifying accountability.
Well Operations. The Participants, hereby designate MOC, and MOC agrees to act, as operator with respect to the drilling, testing, and any attempted completion and equipping and operating (or plugging and abandoning, if necessary) of any Program Well to be drilled or developed hereunder, except in those instances in which (i) the Leases on which such Program Well is to be drilled is already subject to an existing operating agreement under which a third party (not MOC) has already been designated as operator, (ii) the requisite number of third parties being joint working interest owners in such Program Well decline to approve MOC as operator or (iii) a good faith determination is made by MOC that it is not in the best interests of the Participants and of MOC for it to act as operator. In conducting operations on a Prospect, MOC may use its own personnel (including consultants retained by MOC), properties and equipment and may subcontract with any other Affiliate of MOC to perform such operations. The charge to MD and the Partnership for the use of MOC’s personnel (including consultants retained by MOC), properties and equipment, the basis of pricing materials purchased by MD and the Partnership from MOC or any Affiliate thereof and the basis of pricing materials purchased by MOC or any Affiliate thereof from MD and the Partnership shall be as provided in the Operating Agreement, subject to the terms of the Partnership Agreement.
Well Operations. If the interest of Owner in a Lease (together with any interest owned by the Manager and its Affiliates) entitles Owner to appoint the Operator of the property, the owner shall take such commercially reasonably actions as are necessary to appoint the Manager (or its designated Affiliate) as the Operator of such Lease and the Manager (or its designated Affiliate) shall use its reasonable commercial efforts to assist Owner to take the actions necessary to designate the Manager as the Operator of such property, which designation shall be pursuant to either (i) the operating agreement currently in effect with respect to a property acquired by Owner or (ii) if any of such properties are not currently operated pursuant to an operating agreement, an operating agreement to be agreed upon with the Manager (or its designated Affiliate) at the time of the acquisition of such properties (such agreement(s) entered into under (i) or (ii) an “Operating Agreement”). To the extent any of the Services described herein are duplicative of services to be provided by the Manager or any of its Affiliates under any joint operating agreement or other agreement, no additional obligations will be incurred or implied by any of the terms of this Agreement and such joint operating agreements or other agreement (and not this Agreement) will govern the terms of such services.
Well Operations. If the interest of the Owner in a Lease (together with any interest owned by the Manager and its Affiliates) entitle the Owner to appoint the Operator of the property, the Manager (or its designated Affiliate) shall use its reasonable commercial efforts to assist the Owner to take the actions necessary to designate the Manager as the Operator of such property, which designation shall be pursuant to either (i) the operating agreement currently in effect with respect to a property acquired by the Owner or (ii) if any of such properties are not currently operated pursuant to an operating agreement, an operating agreement (including C▇▇▇▇) in the form attached hereto as Exhibit D, with such additions or modifications thereto as the Manager determines to be necessary or appropriate for the particular Assets to be subject thereto or for the operations to be conducted thereon. To the extent any of the Services described herein are duplicative of services to be provided by the Manager or any of its Affiliates under any joint operating agreement or other agreement, then the Manager shall so advise Owner of such duplicative services, and, unless Owner and the Manager otherwise mutually agree, no additional obligations will be incurred or implied by any of the terms of this Agreement, and such joint operating agreements or other agreement (and not this Agreement) will govern the terms of such services.
Well Operations. The term "
Well Operations. If the interest of the Owner in a Lease (together with any interest owned by the Manager and its Affiliates) entitle the Owner to appoint the Operator of the property, then Owner shall take such actions as are necessary to designate the Manager (or its designated Affiliate) as the Operator and the Manager (or its designated Affiliate) shall use its reasonable commercial efforts to assist the Owner to take such actions as are necessary to designate the Manager (or its designated Affiliate) as the Operator of such property, which designation shall be pursuant to either (i) the operating agreement currently in effect with respect to a property acquired by the Owner or (ii) if any of such properties are not currently operated pursuant to an operating agreement, an operating agreement (which is based on a modified form of operating agreement issued by the American Association of Petroleum Landmen), including C▇▇▇▇ (which is based on a form issued by the Counsel for Petroleum Accountants Societies of North America), in the form attached hereto as Exhibit D, with such additions or modifications thereto as the Manager determines to be necessary or appropriate for the particular Assets to be subject thereto or for the operations to be conducted thereon, and provided that the consideration payable to the Manager (or its designated Affiliate) pursuant to such operating agreement shall not exceed the compensation determined by the General Partner to be payable to third parties for similar operator services in the applicable geographic area of the applicable Assets subject to the operating agreement. To the extent any of the Services described herein are duplicative of services to be provided by the Manager or any of its Affiliates under any joint operating agreement or other agreement, then the Manager shall so advise Owner of such duplicative services, and, unless Owner and the Manager otherwise mutually agree, no additional obligations will be incurred or implied by any of the terms of this Agreement, and such joint operating agreements or other agreement (and not this Agreement) will govern the terms of such services. Neither the Manager nor any designated Affiliate will act as drilling contractor and provide contract drilling operations for any W▇▇▇▇ on behalf of Owner.
Well Operations. NOTWITHSTANDING ANY OTHER PROVISION IN THIS AGREEMENT, COMPANY AGREES TO DEFEND, INDEMNIFY, HOLD HARMLESS AND RELEASE EACH MEMBER OF CONTRACTOR GROUP FROM AND AGAINST ALL LOSSES ARISING FROM OR RELATED TO (i) DAMAGE TO OR IMPAIRMENT OF A WELL OR RESERVOIR, REGARDLESS OF FAULT, OR (ii) THE WELL SITE OR OPERATIONS THEREON, INCLUDING ANY POLLUTION OR DISCHARGES, SPILLS, RELEASES OR THE PRESENCE OF WASTES, PETROLEUM OR PETROLEUM PRODUCTS (INCLUDING CRUDE OIL OR ANY FRACTION THEREOF), HAZARDOUS SUBSTANCES, POLLUTANTS AND/OR CONTAMINANTS ON, IN, UNDER, OR FROM ANY PROPERTY OR EQUIPMENT OWNED, OPERATED, LEASED OR PROVIDED BY ANY MEMBER OF COMPANY GROUP, INCLUDING, WITHOUT LIMITATION, ANY SUCH LOSSES ARISING OUT OF, RESULTING FROM OR ALLEGED TO HAVE RESULTED FROM ANY DRILLING, EXTRACTION, HYDRAULIC FRACTURING OR OTHER WELL-RELATED ACTIVITIES, REGARDLESS OF FAULT.
Well Operations. Operator agrees to be responsible for and furnish sufficient well operators and supervisory personnel including but not limited to the hiring of Lapidoth Israel Oil Prospectors Corporation, Ltd. To drill and complete all wells and to:
(a) Gauge production sto▇▇ ▇▇nks and record correctly in gauge reports;
(b) Drain salt water of oil storage tanks and arrange for disposal in a disposal facility approved by the Israeli authorities;
(c) Calculate amount of production from tank tables;
(d) Note on gauge report number of hours and downtime and reason;
(e) Report unusual changes in well production with recommended changes or repairs and record in remarks section of gauge report;
(f) Operate and maintain equipment such as separators, gas production units, heaters, hydraulic lifts with timing devices, drips, gas gathering lines, pumping units, if applicable, and other auxiliary equipment;
(g) Operate and maintain all meters and provide the Hesed and Operator with volume calculation. Charts will be retained by Operator with volume calculation. Charts will be retained by Operator for a minimum of twenty-four (24) months and will be made available to the Hesed upon request.
(h) Take production well tests as directed and report gauge report;
(i) Supervise the treating of wells with emulsion breakers, paraffin s▇▇▇▇▇ts, corrosion inhibitors, etc., as required;
(j) Maintain production at levels mutually agreed upon by Hesed and Operator with existing equipment, recommending changes in equipment as may be necessary for maintaining or increasing production;
(k) Direct supervision of all well servicing, construction work and major and minor maintenance work;
(l) Prepare all forms, records, reports, run tickets, downtime reports, and well service tickets;
(m) Furnish labor, transportation and hand tools required for normal operations and maintenance, including pick-up trucks, gauge line, wrenches, rakes, shovels, tools, etc.
(n) Conduc▇ ▇▇ adequate preventive maintenance program and safety program;
(o) Purchase, order and/or negotiate for all materials and services necessary for continued normal and economic lease/well operations;
(p) Report on the foregoing at periodic intervals;
(q) Conduct all operations of the wells in a good and workmanlike manner a▇▇ ▇▇ conformity with the terms of the Lease(s); and
(r) Prepare all necessary tax reports with the assistance of Operator ("Ness").
Well Operations. The Participants, hereby designate TVOG, and TVOG agrees to act, as operator with respect to the drilling, testing, and any attempted completion and equipping and operating (or plugging and abandoning, if necessary) of any Program Well to be drilled or developed hereunder, except in those instances in which (i) the Leases on which such Program Well is to be drilled is already subject to an existing operating agreement under which a third party (not TVOG) has already been designated as operator, (ii) the requisite number of third parties being joint working interest owners in such Program Well decline to approve TVOG as operator or (iii) a good faith determination is made by TVOG that it is not in the best interests of the Participants and of TVOG for it to act as operator. In conducting operations on a Prospect, TVOG may use its own personnel (including consultants retained by TVOG), properties and equipment and may subcontract with any other Affiliate of TVOG to perform such operations. The charge to TVC and the Partnership for the use of TVOG's personnel (including consultants retained by TVOG), properties and equipment, the basis of pricing materials purchased by TVC and the Partnership from TVOG or any Affiliate thereof and the basis of pricing materials purchased by TVOG or any Affiliate thereof from TVC and the Partnership shall be as provided in the Operating Agreement, subject to the terms of the Partnership Agreement.
Well Operations. The term “well operations” shall generally mean any labor or service, including third party services, required to maintain the ▇▇▇▇▇, the surface and subsurface equipment associated with the ▇▇▇▇▇, gas gathering system, gas pipelines, well access roads and right of ways, and to maintain the quality of gas as the standard requires by the gas purchasing entities, and all other services that would be required following the end of the month.
Well Operations. (a) rig move in date; (b) spud date; (c) weekly drilling depth, MW;