Developed acreage definition

Developed acreage means the number of acres that are allocated or assignable to productive wells or wells capable of production;
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Developed acreage means acreage which consists of leased acres spaced or assignable to productive wells.
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Developed acreage means acres spaced or assigned to productive wells and does not include undrilled acreage held by production under the terms of the lease.
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Examples of Developed acreage in a sentence

  • Developed acreage or acreage under development includes real estate for which infrastructure work over the entire property has been completed, is currently being completed or is able to be completed and necessary permits have been obtained.

  • Developed acreage is acreage spaced or assignable to productive wells.

  • Developed acreage consists of acres spaced or assignable to productive wells.

  • Croatian English majors’ code-switching in informal conversations depends on whether their interlocutor is another English major or not, i.e. whether their interlocutor’s knowledge of English corresponds to their own.

  • Developed acreage consists of acres spaced or assigned to productive wells and does not include undrilled acreage held by production under the terms of the lease.

  • Developed acreage or acreage under development includes real estate for which infrastructure work over the entire property has been completed, is currently being completed or is able to be completed and for which necessary permits have been obtained.

  • Developed and Undeveloped Acreage The following table sets forth the gross and net developed and undeveloped acreage (including both leases and concessions), categorized by geographical area, which we held as of December 31, 2014: Developed Undeveloped Gross Net Gross NetUnited States5,4012211,84084Colombia——392,20549,025Total5,401221394,04549,109 Developed acreage is comprised of leased acres that are within an area spaced by or assignable to a productive well.

  • Developed acreage is acreage spaced or assigned to productive wells and does not include undrilled acreage held by production under the terms of the lease.

  • Acreage The table below displays information on Repsol's developed and undeveloped acreage, by geographical area, as of 31 December 2011: (1) Developed acreage is the area assignable to productive wells.

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More Definitions of Developed acreage

Developed acreage means acreage consisting of leased acres spaced or assignable to productive wells. Acreage included in spacing units of infill wells is classified as developed acreage at the time production commences from the initial well in the spacing unit. As such, the addition of an infill well does not have any impact on a company’s amount of developed acreage.
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Developed acreage means that portion of a parcel within the Agency Boundary that is receiving water for reasonable and beneficial agricultural, domestic or municipal and industrial (M & I) use.
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Developed acreage means that portion of a parcel within the boundaries of the Agency that is receiving water for reasonable and beneficial agricultural, domestic or municipal and industrial (M & I) use.
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Developed acreage means acres which are allocated or assignable to producing wells or wells capable of production.
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Developed acreage means acreage on which we have a productive well;
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Developed acreage those portions of the Leased Premises that have been identified from time to time pursuant to Article 12.8.
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Related to Developed acreage

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.