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.
Well Assessment logging and formation test activities carried out between the End of Drilling and Well Conclusion which, combined with other activities previously carried out at the well, shall 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 Phase. 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 which 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, assignment 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.
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.

Examples of Well Assessment in a sentence

  • If, at the end of the Exploration Phase, the Consortium Members start 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 proposed Discovery Assessment Plan.

  • 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.

  • For the cases in which the Well Assessment and/or completion is started within sixty (60) days after the end of the activities directly related to drilling of the well or its temporary abandonment, the moment in which disassembly, decommissioning, or operation of the unit used for the Well Assessment and/or completion is started shall be taken into account.

  • If, at the end of the Exploration Phase, the drilling of an exploratory well is in progress without the Well Assessment having been completed, the Exploration Phase will be extended until the date of Completion of the Well, with an addition of 60 (sixty) days for presentation of an eventual proposal for an Assessment Plan for Oil or Natural Gas Discoveries.

  • Well Conclusion: beginning of demobilization of the drilling rig, after Drilling Conclusion and Well Assessment.

  • If, at the end of the Exploration Phase, an exploratory well is being drilled without the Well Assessment having been completed, the Exploration Phase will be extended until the Well Completion date with an addition of 60 (sixty) days for submission any proposal for an Assessment Plan for Oil or Natural Gas Discoveries.

  • Well Completion: beginning of demobilization of the drilling rig, after Drilling Completion and Well Assessment.


More Definitions of Well Assessment

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.
Well Assessment means an evaluation of a private well structure and its components which can include the: well casing, well cap, pitless connection, frost pit, well pump, wiring/electrical, pressure system, water treatment, water filters and interior plumbing. This also can include evaluation of well vulnerabilities, potential sources of contamination and landscaping around the well.