Producing Interval definition

Producing Interval means any section of a wellbore that is open to, or intended to be open to, a formation or part of a formation that is intended to produce or is capable of producing oil or gas, or both, after well completion operations. The section of the wellbore may be open to the formation or part of the formation by any means, and may include but is not limited to, a section of a wellbore that is either uncased or has perforated casing.
View Source
Producing Interval means an Interval that is, or is reasonably expected to be (as the case may be), Productive.
View Source
Producing Interval means an Interval at which Petroleum is, or is reasonably expected to be (as the case may be), Produced.
View Source

More Definitions of Producing Interval

Producing Interval means, with respect to each Wellbore, the interval between and including the shallowest and deepest perforations in such Wellbore that are producing or capable of producing Hydrocarbons in Paying Quantities at the Effective Time.
View Source
Producing Interval means a perforation from which production is obtained;
View Source
Producing Interval means the geologic interval in which a well is actually perforated and producing as identified by reference to Lessee's well logs.
View Source
Producing Interval means that portion of a directional well drilled inside a pool’s vertical limits between its penetration point and its terminus.
View Source

Related to Producing Interval

  • Proved Developed Producing Reserves means Proved Reserves which are categorized as both “Developed” and “Producing” in the Definitions, “Proved Developed Nonproducing Reserves” means Proved Reserves which are categorized as both “Developed” and “Nonproducing” in the Definitions, and “Proved Undeveloped Reserves” means Proved Reserves which are categorized as “Undeveloped” in the Definitions.

  • Proved Developed Non-Producing Reserves means oil and gas reserves that, in accordance with Petroleum Industry Standards, are classified as both “Proved Reserves” and “Developed Non-Producing Reserves.”

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Producing Party means the parties to this action and any third-parties producing “Confidential Information” in connection with depositions, document production or otherwise, or the party asserting the confidentiality privilege, as the case may be.