Common use of WELL RECORDS Clause in Contracts

WELL RECORDS. Contractor shall keep an authentic log and history of each well on the daily drilling report prescribed by Operator and, upon completion or abandonment of the well, deliver to Operator the original history and log book, properly signed, and all other data and records of every nature relating to the drilling, casing and completion of the well. Such report shall include the depth drilled, formations encountered and penetrated, depth cored and footage of cores recovered and any other pertinent information relating to the well.

Appears in 4 contracts

Samples: Model Contract, Model Contract, Model Contract

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