Producible Reservoir. An underground accumulation of Hydrocarbons (a) in a single and separate natural pool characterized by a distinct pressure system, (b) not in Hydrocarbon communication with another accumulation of Hydrocarbons, and (c) into which a Producible Well has been drilled.
Appears in 3 contracts
Sources: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Offshore Operating Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)
Producible Reservoir. An underground accumulation of Hydrocarbons oil or gas (a) in a single and separate natural pool characterized by a distinct pressure system, (b) not in Hydrocarbon oil or gas communication with another accumulation of Hydrocarbonsoil or gas, and (c) into which a Producible Well has been drilled.
Appears in 2 contracts
Sources: Sale of Properties (West Texas Resources, Inc.), Offshore Operating Agreement (Ridgewood Energy P Fund LLC)
Producible Reservoir. An underground accumulation of Hydrocarbons (a) in a single separate from and separate natural pool characterized by a distinct pressure system, (b) not in Hydrocarbon communication with another accumulation of Hydrocarbons, and (cb) into which a Producible Well has been drilled.
Appears in 2 contracts
Sources: Ratification and Joinder of Operating Agreement (Anadarko Petroleum Corp), Operating Agreement (Anadarko Petroleum Corp)