Unitized interval definition

Unitized interval means the subsurface interval defined in the
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Unitized interval means the stratigraphic equivalent (as to the top and base) of the formation described in the UGR Unit Agreement.
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Unitized interval means the subsurface interval defined in the office of conservation order creating the unit or units that the existing wellbore is serving as a unit well, alternate unit well, substitute unit well, or cross-unit well.
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Examples of Unitized interval in a sentence

  • Therefore, only the Grayburg and Penrose formations are necessary for the “efficient and effective recovery of secondary oil” from the Unitized interval.

Related to Unitized interval

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.