SUBSTITUTE TEST WELL Sample Clauses

The SUBSTITUTE TEST WELL clause allows a party, typically an operator in an oil and gas agreement, to designate a different well as the test well if the originally planned well cannot be drilled or completed as intended. In practice, this clause outlines the conditions under which a substitute well may be selected, such as location, depth, or timing, and may require notice to or approval from other parties involved. Its core function is to provide flexibility in exploration operations, ensuring that unforeseen issues with the initial test well do not halt the progress of the project or jeopardize contractual obligations.
SUBSTITUTE TEST WELL. If the initial drilling is abandoned prior to reaching contract depths due to heaving shale, saltwater flow, rock salt, dome formation, lost circulation, impenetrable formation, mechanical difficulty, or other conditions rendering further drilling impractical, any party who participated in drilling the Well shall have the option, but not the obligation, to propose and drill a substitute well (hereinafter referred to a “Substitute Test Well”). The parties who participate drilling the Well shall have the right to participate in other zones of said Well and/or drilling the Substitute Test Well by following the same procedure and the same elections set forth in Section III of this Agreement for the initial Well.
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SUBSTITUTE TEST WELL. In the event impenetrable conditions which render further drilling impracticable are met prior to reaching the Objective Depth in the Test Well, then, subject to the provisions of Section 5 above, for a period of ninety (90) days after making the election, either Party shall have the right to drill a substitute Test Well to the Objective Depth on the Leases or on lands pooled therewith. The substitute Test Well shall be drilled under the same terms as the Test Well and the substitute Test Well shall be deemed to be the Test Well for all purposes under this Agreement.
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SUBSTITUTE TEST WELL. In the event that, prior to reaching the Objective Depth, Ironhorse should encounter conditions which make further drilling imprudent, which conditions would cause a prudent operator to abandon the Well, Operator shall have the right, but not the obligation, within sixty (60) days after {A0046234.DOC} abandonment of the Initial Test Well, to commence a Substitute Test Well at a location mutually agreed to among the Operator and those Participants who elect to participate in such Substitute Test Well. In such case, each Participant shall have the election, to be exercised within forty-eight (48) hours after an election has been made to abandon the Initial Test Well and drill a Substitute Test Well, to participate in the drilling of the Substitute Test Well. Operator shall provide an AFE for the cost of drilling the Substitute Test Well to the Objective Depth, and shall invoice each consenting Participant for such costs, subject to a credit for any unused portion of the initial cash advance by such Participant, which invoice will be due and payable within five (5) days of receipt. Any Participant electing not to participate in such Substitute Test Well shall forfeit its interest in the Prospect and shall promptly furnish Operator with an assignment of its interest to Operator, to be distributed by Operator to those Participants who do elect to participate in the Substitute Test Well.
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SUBSTITUTE TEST WELL. If, while drilling any well provided for herein, Operator encounters impenetrable substances or conditions, including the loss of the hole due to mechanical difficulties, which in the opinion of a reasonably prudent operator under the same or similar conditions would render further drilling impractical or hazardous, and such conditions prevent further drilling of the well, Participants, or any of them, shall have the right, but not the obligation, to participate in drilling a “Substitute Well” in order to reach the objective depth, provided actual drilling of the Substitute Well is commenced within ninety (90) days after the release of the drilling rig from the previous well. Any Substitute Well shall be drilled pursuant to all the terms and conditions of this Agreement.
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SUBSTITUTE TEST WELL. In the event conditions render further re-entry operations impracticable prior to reaching the Objective Depth in the Test Well, then, for a period of ninety (90) days after making the election, either Party shall have the right to propose the drilling of a substitute Test Well to the Objective Depth on the Leases or on lands pooled therewith. If Participant elects to participate in drilling the substitute Test Well, the substitute Test Well shall be drilled under the same terms as the Test Well and the substitute Test Well shall be deemed to be the Test Well for all purposes under this Agreement.
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SUBSTITUTE TEST WELL. In the event Impenetrable Conditions which render further drilling impracticable are met prior to reaching the Objective Depth in the Test Well, then, subject to the provisions of Section 1 above, for a period of ninety (90) days after making the election, either Party shall have the right to drill a substitute Test Well to the Objective Depth on the Leases or on lands pooled therewith. The substitute Test Well shall be drilled under the same terms as the Test Well and the substitute Test Well shall be deemed to be the Test Well for all purposes under this Agreement. If both Parties elect to drill the substitute Test Well, then such well shall be drilled by ▇▇▇▇-▇▇▇▇▇. If neither Party elects to drill the substitute Test Well or if only ▇▇▇▇-▇▇▇▇▇ elects to drill the substitute Test Well, then this Agreement shall terminate. If Participant is the only Party electing to drill the substitute Test Well, then it shall have the right to do so and if it is drilled to the Objective Depth, Participant shall earn an assignment of 100% of ▇▇▇▇-▇▇▇▇▇'▇ right, title and interest in and to the Lease(s) and the well shall not be subject to the provisions of the JOA), subject to the reservation of the overriding royalty interest described in Section 5 below. In such event, the Leases and the well shall no longer be subject to the provisions of the JOA.
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Related to SUBSTITUTE TEST WELL

  • Acceptance Testing At the time of installation of a LIS trunk group, and at no additional charge, acceptance tests will be performed to ensure that the service is operational and meets the applicable technical parameters.

  • Acceptance Tests 11.1 If the Contract provides acceptance tests for Goods and/or the result of Services after their completion and/or delivery to the Purchaser, the acceptance shall only be considered as definitive when such tests have demonstrated the compliance of the Goods and/or the result of the Services to the requirements in the Contract. 11.2 Where the Contract provides for an acceptance procedure in the presence of both parties, at the successful completion of such procedure, the Purchaser shall issue the Supplier with an acceptance certificate which shall authorise the Supplier to invoice the Purchaser for any payment due on such acceptance. 11.3 The Purchaser shall at its discretion be entitled to issue and acceptancecertificate with reserves. The Supplier shall be obliged to remedy any non-conformities within the period set out in the acceptance certificate. Any payment which would otherwise have been due on acceptance may be withheld by the Purchaser in whole or part until the non- conformities underlying the reserves have been remedied.

  • Performance Testing (a) All performance tests of the Project, including any Initial Performance Test required in Section 2 of Appendix VIII, will be performed in accordance with the test procedures set forth in Appendix VIII (“Performance Test”), including additional procedures and protocols related to Performance Testing as mutually agreed between Buyer and Seller (“Test Procedures”). Seller shall bear all costs and receive all revenues, if applicable, associated with all Performance Tests. (b) After the Initial Delivery Date and during the Delivery Term, Buyer will have the right to conduct a Performance Test (“Buyer Performance Test”) no more than once a calendar year to demonstrate whether the Project is capable of delivering the Distribution Services at the Contract Capacity. Within 30 calendar days following a Buyer Performance Test, Seller will have the right to retest the Project with a Performance Test (“Seller Retest”). For the avoidance of doubt, the results of any Seller Retest will supersede the results of the preceding Buyer Performance Test. (i) If a Buyer Performance Test or, if a corresponding Seller Retest has occurred, a Seller Retest demonstrates the Project is capable of delivering Distribution Services at or above ninety-nine percent (99%) of the Initial Contract Capacity, the Contract Capacity will remain the Initial Contract Capacity; (ii) If a Buyer Performance Test or, if a corresponding Seller Retest has occurred, a Seller Retest demonstrates the Project is capable of delivering Distribution Services at more than or equal to eighty-five (85%) of the Initial Contract Capacity, but less than ninety-nine percent (99%) of the Initial Contract Capacity (“Testing Band”), the Contract Capacity will be automatically adjusted (upwards or downwards) to the capacity commensurate with the amount of Distribution Services the Project delivered during the Performance Test within the Testing Band. (iii) If a Buyer Performance Test or, if a corresponding Seller Retest has occurred, a Seller Retest demonstrates the Project is not capable of delivering Distribution Services of at least eighty-five percent (85%) of the Initial Contract Capacity, an Event of Default shall occur in accordance with Section 7.1(a)(viii).

  • Random Testing Notwithstanding any provisions of the Collective Agreement or any special agreements appended thereto, section 4.6 of the Canadian Model will not be applied by agreement. If applied to a worker dispatched by the Union, it will be applied or deemed to be applied unilaterally by the Employer. The Union retains the right to grieve the legality of any imposition of random testing in accordance with the Grievance Procedure set out in this Collective Agreement.

  • Performance Tests Contractor shall perform Performance Tests in accordance with Section 11.2 of the Agreement and Attachment S.