Common use of Operations by All Parties Clause in Contracts

Operations by All Parties. Any Party may propose that a well be drilled, recompleted, deepened, or plugged back as a Development Operation by notifying the other Parties. If all Parties elect to participate in the proposed operation, Operator shall conduct such operation for the account of all Parties.

Appears in 2 contracts

Sources: Offshore Operating Agreement (Ridgewood Energy L Fund LLC), Offshore Operating Agreement (Ridgewood Enengy K Fund LLC)