Initial Test Well. Lease Owners and Participants shall diligently prosecute the drilling of the Initial Test Well on the Contract Area to the lesser of: (a) a depth of 16,375’ MD/16,200’TVD, or (b) a depth sufficient to test the stratigraphic equivalent of the Big A-4 Sand, as seen between the depths of 15,600’ MD and 15,700’ MD on the induction focused log in the REDACTED (the “Objective Depth”). The Initial Test Well will be drilled from a surface location on REDACTED to the Objective Depth with an approximate target location at the Objective Depth having REDACTED Coordinates of X= REDACTED and Y= REDACTED.
Appears in 3 contracts
Sources: Participation Agreement (Ridgewood Energy O Fund LLC), Participation Agreement (Ridgewood Energy S Fund LLC), Participation Agreement (Ridgewood Energy v Fund LLC)