Multiple Completions Sample Clauses
Multiple Completions. Non-Consent Operations shall not be conducted in a well having multiple completions unless:
(a) each of the multiple completions are owned by the same Parties in the same proportion;
(b) none of the previous well completions are capable of producing in paying quantities; or
(c) the Participating Parties in the well containing the multiple completions unanimously agree to those Non-Consent Operations.
Multiple Completions. If all the Participating Parties in the well agree that a multiple well completion(s) are possible and practicable involving (i) a completion at or above the deepest Producible Reservoir and (ii) a completion below the deepest Producible Reservoir, the Participating Parties in the Deeper Drilling operation shall bear 100% of the Costs of drilling to an Objective Depth below the deepest Producible Reservoir that are in excess of the original Costs to drill and complete the well in the deepest Producible Reservoir.
Multiple Completions. For the avoidance of doubt, where this Agreement foresees more than one Completion, the steps described in Clauses 3.1 (Steps prior to Completion) and 3.2 (Steps at Completion) of this Agreement may, if deemed acceptable by the Bank, be taken before the first Completion in a manner also covering subsequent Completions.