Productive Acreage definition

Productive Acreage as used in this Paragraph 8 shall mean and refer to the minimum acreage required by the Railroad Commission for a well for production purposes without an exception to applicable spacing and/or proration rules, unless Lessor agrees in writing to a larger unit. “Unproductive Depths” as used in this Paragraph 8 shall mean and refer to all depths below one hundred feet (100’) below the deepest depth drilled by Lessee on the Premises.
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Productive Acreage means and refer to the minimum acreage required for a well for production purposes pursuant to the applicable rules and regulations of the Railroad Commission (including any exceptions for optional smaller units that are granted on a pro forma basis) and as agreed upon and approved by Lessor.
Sample 1
Productive Acreage means and refer to the acreage in the leased premises which is allocated by the Oregon Department of Geology and Mineral Industries under ORS 520.210(3) and OAR 632-010-225 governing the establishment of spacing units to a well for production purposes upon which production of a Royalty Resource in Paying Quantities continues and/or delay drilling penalties or shut-in royalties are being paid.
Sample 1

Examples of Productive Acreage in a sentence

  • If on that date, Lessee is diligently drilling or completing a well on the Premises or is diligently working to establish the Productive Acreage for any completed well on the Premises, then any Productive Acreage ultimately established by these xxxxx will remain included in this Lease under this Article 8(c)(i).

  • The TUK 2 PAB is fully outlined in Figure #3 of Part 1 of the Development Plan, and the entire TUK 2 PAB is also presented in Figure 4 below.The term “Discovery Notice” refers to the notice of a discovery of petroleum, which in the opinion of the Lessee is capable of constituting a Productive Acreage Block.

  • Productive Acreage, as to any horizontal Development Unit Well shall be the total of the acreage assigned to a horizontal Development Unit Well as stated in EXHIBIT C of this Agreement, plus tolerance acreage, if needed.

  • The IESP, including the access road, the Energy Centre location, and the TUK M-18 (M-18) well site, is located within the TUK 2 Productive Acreage Block (PAB) within the TUK 2 Concession.The term “TUK 2 Concession” refers to an area of 7,888 hectares of Inuvialuit Private Lands in which the Lessee was granted permission to explore and drill for hydrocarbons.

  • For any horizontal Development Unit Well that is drilled into and produces from multiple Leases, University Lands will determine the Productive Acreage assigned as set forth on EXHIBIT C of this Agreement on the date of determination.

  • All the adjacent mineral interests for the Tuk Gas Field, as situated on the approved Productive Acreage Block (PAB), situated on the TUK 2 Concession, are both administered and managed by the Inuvialuit Land Administration (ILA).

  • University Lxxxx will create Pooled Unit Agreements encompassing the Productive Acreage allocated to all producing Development Unit Wxxxx drilled under the terms of this Agreement.

  • EXHIBIT B is a map that shows the boundary lines of the Development Unit EXHIBIT C is the tabulation used in the determination of the allocation of Productive Acreage to a Development Unit Well.

  • Commission Request: 1.13 Productive Acreage Block documents For each of the 34 PAB documents for which IPC has requested confidentiality, please provide an explanation as to how they meet the requirements of paragraph 22(3)(a) or (b), or paragraphs 22(4)(a) and (b).

  • This drilling obligation shall continue until all the Premises are included in Productive Acreage.


More Definitions of Productive Acreage

Productive Acreage means the acreage earned and retained by the Sharing Well (regardless of its classification as an oil or gas well under the then-current rules and regulations of the Railroad Commission of Texas or its successor), calculated using the following formula: 0.032 x L = A, where L = the length (in feet) of the Productive Drainhole Length, and A = the area in acres assigned to the Sharing Well, provided that, if A is not evenly divisible by the number 20, A will be rounded up to the next number divisible by 20.
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Related to Productive Acreage

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Acreage means the number of acres of land area of an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the Board may rely on the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map.

  • 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.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Subject Lands means the lands subject to or covered by the oil and gas leases described in Exhibit A, insofar and only insofar as they cover the Target Formation, subject to the exceptions, exclusions and reservations set forth on such Exhibit A.

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Water well means an excavation that is drilled, cored, bored, augered, washed, driven, dug, jetted, or otherwise constructed for the purpose of exploring for groundwater, monitoring groundwater, utilizing the geothermal properties of the ground, or extracting water from or injecting water into the aquifer. “Water well” does not include an open ditch or drain tiles or an excavation made for obtaining or prospecting for oil, natural gas, minerals, or products mined or quarried.

  • stratigraphic test well means a drilling effort, geologically directed, to obtain information pertaining to a specific geologic condition. Ordinarily, such wells are drilled without the intention of being completed for hydrocarbon production. They include wells for the purpose of core tests and all types of expendable holes related to hydrocarbon exploration. Stratigraphic test wells are classified as (i) "exploratory type" if not drilled into a proved property; or (ii) "development type", if drilled into a proved property. Development type stratigraphic wells are also referred to as "evaluation wells".

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • Project Area means land or lands located within the incentive

  • Exposed conductive part means the conductive part which can be touched under the provisions of the protection degree IPXXB and which is not normally energized, but which can become electrically energized under isolation failure conditions. This includes parts under a cover that can be removed without using tools.

  • Nonattainment area means an area so designated by the administrator, acting pursuant to Section 107 of the Act.

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • Horizontal well means a well bore drilled laterally at an angle of at least eighty (80) degrees to the vertical or with a horizontal projection exceeding one hundred (100) feet measured from the initial point of penetration into the productive formation through the terminus of the lateral in the same common source of supply.

  • Geographical Area means North America, Europe or Asia Pacific, as the case may be.

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • Dining area means a public room or area in which meals are regularly served.

  • Drilling unit means the area fixed for the drilling of one well by order or rule of any state or federal body having authority. If a Drilling Unit is not fixed by any such rule or order, a Drilling Unit shall be the drilling unit as established by the pattern of drilling in the Contract Area unless fixed by express agreement of the Drilling Parties.

  • AMI means Area Median Income as defined by HUD.

  • Reconstructive breast surgery means surgery performed as a result of a mastectomy to reestablish symmetry between the two breasts and includes augmentation mammoplasty, reductive mammoplasty, and mastopexy.

  • High radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving a dose equivalent in excess of one mSv (0.1 rem) in one hour at 30 centimeters from any source of radiation or 30 centimeters from any surface that the radiation penetrates.

  • Subsurface tracer study means the release of a substance tagged with radioactive material for the purpose of tracing the movement or position of the tagged substance in the well-bore or adjacent formation.

  • Restricted Areas means (i) all areas within the Facility that are not generally accessible to the public, including judges’ xxxxxxxx, all non-public restrooms, elevators, break rooms, and corridors, and other non-public spaces that are dedicated for use only by judges or Court staff and employees, (ii) public areas of a Facility during non-business hours that are subject to security screening during normal business hours, and (iii) the areas defined as Restricted Areas in the Background Check Policy.

  • drilling means the act of boring a hole to reach a proposed bottom hole location through which oil or gas may be produced if encountered in paying quantities, and includes redrilling, sidetracking, deepening, or other means necessary to reach the proposed bottom hole location, testing, logging, plugging, and other operations necessary and incidental to the actual boring of the hole;

  • service well means a well drilled or completed for the purpose of supporting production in an existing field. Wells in this class are drilled for the following specific purposes: gas injection (natural gas, propane, butane or flue gas), water injection, steam injection, air injection, salt water disposal, water supply for injection, observation or injection for combustion.