Common use of Drilling and Completion Clause in Contracts

Drilling and Completion. The Manager agrees to enforce, on behalf of the Company, the obligation of the Operators to conduct drilling and completion operations on each Net Well with due diligence and in a good and workmanlike manner, and further agrees to provide and pay for all tangible and intangible drilling and completion costs which are convenient or necessary in the judgment of the respective Operator to drill and complete the Net Well(s) and which are charged by such Operator to the working interest in the ▇▇▇▇▇ which constitute the Net ▇▇▇▇▇ held by the Manager pursuant to the Operating Agreements and transferred to the Company pursuant to this Agreement, including costs of acquisition, maintenance and operation of equipment, labor, materials, supplies, cementing, casing, well treatment, engineering, geology, surveying, or other technical or consulting services, permitting, bonding, well logs, utilities, insurance, administrative and office expenses and Operator overhead, through Completion. The Manager further agrees to enforce, on behalf of the Company, the obligation of the Operators to cause and supervise the acquisition and installation of the Post-Completion Facilities specifically identified on the AFE with respect to each Net Well or such other post-Completion Facilities as may be actually installed with respect to such ▇▇▇▇▇ to place them in production, with due diligence and in a good and workmanlike manner, and further agrees to provide and pay for the acquisition and installation of all such Post-Completion Facilities with respect to the Net Well(s) and which are charged by such Operator to the working interest in the ▇▇▇▇▇ which constitute the Net ▇▇▇▇▇ held by the Manager pursuant to the Operating Agreements and transferred to the Company pursuant to this Agreement. C.

Drilling and Completion. The Manager agrees to enforce, on behalf of the Company, the obligation of the Operators to conduct drilling and completion operations on each Net Well with due diligence and in a good and workmanlike manner, and further agrees to provide and pay for all tangible and intangible drilling and completion costs which are convenient or necessary in the judgment of the respective Operator to drill and complete the Net Well(s) and which are charged by such Operator to the working interest in the Well▇ ▇▇▇▇▇ which ch constitute the Net Well▇ ▇▇▇▇▇ held d by the Manager pursuant to the Operating Agreements and transferred to the Company pursuant to this Agreement, 103 4 including costs of acquisition, maintenance and operation of equipment, labor, materials, supplies, cementing, casing, well treatment, engineering, geology, surveying, or other technical or consulting services, permitting, bonding, well logs, utilities, insurance, administrative and office expenses and Operator overhead, through Completion. The Manager further agrees to enforce, on behalf of the Company, the obligation of the Operators to cause and supervise the acquisition and installation of the Post-Completion Facilities specifically identified on the AFE with respect to each Net Well or such other post-Completion Facilities as may be actually installed with respect to such ▇▇▇well▇ ▇▇ to place them in production, with due diligence and in a good and workmanlike manner, and further agrees to provide and pay for the acquisition and installation of all such Post-Completion Facilities with respect to the Net Well(s) and which are charged by such Operator to the working interest in the Well▇ ▇▇▇▇▇ which ch constitute the Net Well▇ ▇▇▇▇▇ held d by the Manager pursuant to the Operating Agreements and transferred to the Company pursuant to this Agreement. C..