Well Assessment definition

Well Assessment logging and formation tests performed between the End of Drilling and Well Completion that, combined with other activities previously developed at the well, will enable verification of the occurrence of areas of interest for presentation of a possible Discovery Assessment Plan.
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Well Assessment logging and formation test activities carried out between the End of Drilling and Well Completion that, combined with other activities previously carried out at the well, will allow the verification of the occurrence of areas of interest for the presentation of possible Discovery Evaluation Plan and/or for the decision of continuing Operations for the next Exploratory Period. BDEP: Exploration and Production Data Base of the National Agency of Petroleum, Natural Gas and Biofuel - ANP Field: has the same meaning as Field of Oil or Natural Gas defined in Law no. 9,478/97. E&P Catalog: set of documents that contain guidelines, procedures and forms to guide the relation between the Operators of the Concession Contracts and ANP, approved according to ANP Resolution. Assignment: sale, sale, transfer or any other form of transmission by any means, in whole or in part, of the indivisible rights and obligations of the Concessionaire under this Contract.
Sample 1
Well Assessment logging and formation tests activities performed between the End of Drilling and the Well Completion, which together with other activities previously performed in the well, allow the verification of the of areas of interest for a possible submission of a Discovery Evaluation Plan and/or for the decision-making on whether the Operations should continue. BDEP: Data Bank of Oil, Natural Gas and Biofuels Exploration and Production - ANP. Field: the same as Oil and Natural Gas Field, defined in Law No. 9478/97.
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Examples of Well Assessment in a sentence

  • If, at the end of the Exploration Phase, the Consortium Members have started drilling the last exploratory well of the Exploration Plan without having completed the Well Assessment, the Exploration Phase shall be extended until the Well Completion date, with an addition of sixty (60) days to submit any proposals for a Discovery Assessment Plan.


More Definitions of Well Assessment

Well Assessment means an evaluation of the potential risks to ground water from the use of UIC wells. A well assessment includes information such as the land use around the well which may affect the quality of the discharge and whether the UIC well is located in a ground water protection area. It may include the local geology and depth of the ground water in relation to the UIC well if the well is considered a high threat to ground water.
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Related to Well Assessment

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site, in order to identify the steps needed to be taken to remove, reduce or control such hazard;

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Needs assessment In this section, LEAs are asked to describe the impact of the pandemic on their students, examine disproportionate impacts on specific student groups, and highlight the LEA’s promising practices in supporting students’ needs since March 2020.

  • Special Assessment means an assessment levied against property to pay all or a portion of the costs of making improvements that benefit the property.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Preliminary assessment means the first phase in the process of identifying areas of concern and determining whether contaminants are or were present at a site or have migrated or are migrating from a site, and shall include the initial search for and evaluation of, existing site specific operational and environmental information, both current and historic, to determine if further investigation concerning the documented, alleged, suspected or latent discharge of any contaminant is required. The evaluation of historic information shall be conducted from 1932 to the present, except that the department may require the search for and evaluation of additional information relating to ownership and use of the site prior to 1932 if such information is available through diligent inquiry of the public records.

  • Data Protection Impact Assessment means an assessment by the Controller of the impact of the envisaged processing on the protection of Personal Data.

  • Family assessment means a comprehensive assessment of child