Successful Well definition

Successful Well means [•];
Successful Well means a well determined by the MMS (or meeting the requirements of the MMS without a written determination) to be a producible well pursuant to 30 CFR Part 250, Subpart A, or any successor regulation, for Leases located in Federal offshore waters, as used in Articles 3, 4 and 5 or if actually completed for production by a Party hereto or Co-Working Owner.
Successful Well means a well determined by the Minerals Management Service (or meeting the requirements of the Minerals Management Service without a written determination as mutually agreed by the Parties) to be a producible well pursuant to 30 CFR Part 250, Subpart A, or any successor regulation, for the (Lease(s) located in Federal offshore waters, as used in Articles 3, 4 and 5 and if actually completed for. production by a Party hereto.

Examples of Successful Well in a sentence

  • The Beneficiary shall make a Success Fee payment within [•] days from a written notice by the RSM Unit that a well is a Successful Well, in compliance with the terms of this Beneficiary Agreement.

  • The Beneficiary shall make a Success Fee payment within 30 (thirty) Business Days from a written notice by the RSM Unit that a well is a Successful Well, in compliance with the terms of this Beneficiary Agreement.


More Definitions of Successful Well

Successful Well means that the well meets the agreed upon Success Criteria as measured during well testing;

Related to Successful Well

  • Successful Vendor means the organization or person with whom the order is placed or who is contracted to execute the work as detailed in the bid.

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Successful Bid means the Bid of the Successful Bidder for acquisition of the Corporate Debtor on Going Concern basis as declared by the Liquidator as per this Process Memorandum;

  • Successful Proponent means a Proponent who the City may award the agreement to, as a result of this RFP document.

  • Successful Proposer means any Proposer selected by the University to receive an Award as a result of this RFP and to enter into a Contract to provide the University with the products or services sought by this RFP.

  • Successful Applicant means an “employee applicant” or “applicant” who has been offered employment within this Bargaining Unit by the Employer.

  • Successful Bidder As defined in Section 7.01(c).

  • Successful Bidder” or “Successful E-Auction Process Participant means, the Qualified Bidder whose bid is approved and who is declared successful by the Liquidator at the end of the determined auction phase.C. INTRODUCTION

  • Dry well means a type of infiltration practice that allows storm water run-off to flow directly into the ground via a bored or otherwise excavated opening in the ground surface.

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Exploratory Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Test Well means a well constructed for the purpose of obtaining information needed to design a well prior to its construction. Test wells are cased and can be converted to observation or monitoring wells and under certain circumstances to production wells

  • Unsuccessful Security Incident means a Security Incident such as routine occurrences that do not result in unauthorized Access, Use, Disclosure, modification, or destruction of information or interference with system operations in an Information System, such as: (i) unsuccessful attempts to penetrate computer networks or services maintained by Business Associate; and (ii) immaterial incidents such as pings and other broadcast attacks on Business Associate's firewall, port scans, unsuccessful log-on attempts, denials of service and any combination of the above with respect to Business Associate’s Information System.

  • Successful Tenderer means the Tenderer declared technically and financially successful for the Project and with whom, the Contract Agreement shall be signed.

  • Oil well means any well capable of producing oil or oil and casinghead gas from a common source of supply as determined by the commission.

  • 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.

  • Targeted Unsuccessful Security Incident means an Unsuccessful Security Incident that appears to be an attempt to obtain unauthorized Access, Use, Disclosure, modification or destruction of the Covered Entity’s Electronic PHI.

  • Successful Security Incident means a Security Incident that results in the unauthorized Access, Use, Disclosure, modification, or destruction of information or interference with system operations in an Information System.

  • Supplier/ Successful or Selected bidder means the person, private or government entity, or a combination of the above, whose Bid to perform the Contract has been accepted by the Purchaser and is named as such in the Agreement, and includes the legal successors or permitted assigns of the successful/ selected bidder.

  • 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.

  • Successful Syndication shall have the meaning given to such term in the Fee Letter.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Successful Remarketing means, as applicable, a Successful Optional Remarketing or a Successful Final Remarketing.

  • Shallow well means a well located and constructed in such a manner that there is not a continuous layer of low permeability soil or rock (or equivalent retarding mechanism acceptable to the department) at least 5 feet thick, the top of which is located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • 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.