Future Well definition

Future Well means an existing well with behind pipe potential at a Future Location or a well to be drilled in the future at a Future Location, in each case that is identified on Exhibit A as a well other than a well designated as “PDP” on such Exhibit.
Future Well means a Hydrocarbon wellbore identified on Exhibit A-3 to be drilled after the Execution Date with the vertical take point or all horizontal take points as to such well are located within the Subject Formation within the Subject Formation identified for such well on Exhibit A-3.
Future Well means a well to be drilled in the future as identified on Exhibit E, subject to any restriction to a formation or reservoir set forth on such Exhibit E with respect to such well.

Examples of Future Well in a sentence

  • Subject to the other provisions of this Agreement, this Agreement shall become effective as of its date and shall remain in effect so long as gas is produced from any of Shipper's Existing Well Interests, Shipper's Future Well Interests, Future Investment Program Well Interests or Existing Third Party Well Interests in economic quantities without a lapse of more than ninety (90) days.

  • Such xxxxx shall be capable of producing natural gas in commercial quantities for delivery into the Gathering System, consistent with past practices, and will constitute Resource Entities' Future Well Interests or Future Investment Program Well Interests, as applicable.

  • Subject to the other provisions of this Agreement, this Agreement shall become effective as of its date and shall remain in effect so long as gas is produced from any of Shipper’s Existing Well Interests, Shipper’s Future Well Interests, Future Investment Program Well Interests or Existing Third Party Well Interests in economic quantities without a lapse of more than ninety (90) days.

  • Crude production in California had an average carbon intensity of 12.9 g CO2e/MJ (ARB, 2012) in 2010, which was higher than that of the average barrel of crude used in California at about 11.4 g CO2e/MJ (ARB, 2012; ARB, 2014c).47 The DEIR analysis of GHG emissions for Alternative 1 (No Future Well Stimulation) relies on these average CI values to compare the carbon intensity of California crude production and replacement supply from imports.

  • The No Future Well Stimulation Treatments Outside of Existing Oil and Gas Field Boundaries Alternative (Alternative 2) […] would prohibit well stimulation outside of existing fields and their buffer areas […] this alternative would not reduce the amount of oil produced in California to the same extent as the No Future Well Stimulation Treatments Alternative, which would enact a State-wide ban.


More Definitions of Future Well

Future Well means a well identified on Exhibit A-2 to be drilled in the future on a Future Location identified for such well on the map set forth on
Future Well means any new wxxxx drilled, completed and turned in line for sales within lands described and depicted on Attachment I to this Schedule 1.1-CP by Hxxx Corporation or any of its Affiliates, during the period beginning January 1, 2019 and ending on December 31, 2023.
Future Well means a well identified on Exhibit A-2 to be drilled in the future on a Future Location identified for such well on the map set forth on Exhibit A-3, to the extent such well is drilled to and within the Xxxxxxx Shale Formation.
Future Well means a well to be drilled in the future upon a Future Location and identified on Exhibit F, which well (for the purposes of determining Defensible Title thereto and any Title Defects associated therewith pursuant to this Agreement) shall be treated as if such well had been drilled and completed and was in existence at or prior to the date of this Agreement.
Future Well means an existing well with behind-pipe potential at a Future Location or a well to be drilled in the future at a Future Location.
Future Well means a well identified in Exhibit B as a well to be drilled in the future on a location identified for such well on the map set forth in Exhibit B.
Future Well means a well to be drilled in the future on a Future Location identified on Exhibit A-2. “GAAP” shall mean generally accepted accounting principles in the United States, consistently applied.