This form is used in the event any part to this Agreement elects not to participate in a Horizontal Exploratory Well, the non-participating party shall, on commencement of operations for the well, relinquish to the participating party one hundred percent (100%) of its rights, title, and interests in and to that portion of the Contract Area included within the Drilling Unit for the well and one hundred percent (100%) of the party’s rights, title, and interests in and to that portion of the Contract Area.
The District of Columbia Relinquishment Provision — Horizontal Well is a crucial regulatory measure that governs the relinquishment requirements for horizontal wells in the District of Columbia. This provision ensures the proper management and control of horizontal well operations to safeguard public safety, environmental protection, and efficient resource utilization. Under the District of Columbia Relinquishment Provision — Horizontal Well, there are two main types of relinquishment requirements: 1. Temporary Relinquishment: This type of relinquishment is often mandatory during specific operational phases of a horizontal well. It involves temporarily suspending operations and relinquishing a portion of the lease area to the regulatory authorities. Temporary relinquishment allows for comprehensive inspections, maintenance procedures, and necessary infrastructure adjustments. This process guarantees that necessary safety standards are adhered to during these critical stages. 2. Permanent Relinquishment: Once a horizontal well completes its productive lifecycle or is deemed uneconomical or unviable, permanent relinquishment comes into play. This entails the complete abandonment and sealing of the well. The provision ensures that all equipment, infrastructure, and residual materials associated with the well are appropriately dealt with, preventing any potential contamination or hazards. The regulatory authorities closely supervise the permanent relinquishment process to ensure compliance with all environmental and safety regulations. By implementing the District of Columbia Relinquishment Provision — Horizontal Well, the district maintains a high level of oversight and control over horizontal well operations. This provision helps mitigate any adverse impacts on the environment and public welfare by ensuring responsible well management practices from initial drilling stages to final abandonment. Key regulatory bodies involved in enforcing the provision include the District of Columbia Department of Energy and Environment (DOES), the District of Columbia Oil and Gas Division (DC OGD), and the relevant environmental protection agencies. These agencies work collaboratively to monitor compliance, conduct inspections, and enforce penalties if any violations occur. In conclusion, the District of Columbia Relinquishment Provision — Horizontal Well plays a vital role in maintaining the integrity, safety, and environmental sustainability of horizontal well operations within the district. It promotes responsible resource extraction practices while minimizing potential risks to public health and the environment.The District of Columbia Relinquishment Provision — Horizontal Well is a crucial regulatory measure that governs the relinquishment requirements for horizontal wells in the District of Columbia. This provision ensures the proper management and control of horizontal well operations to safeguard public safety, environmental protection, and efficient resource utilization. Under the District of Columbia Relinquishment Provision — Horizontal Well, there are two main types of relinquishment requirements: 1. Temporary Relinquishment: This type of relinquishment is often mandatory during specific operational phases of a horizontal well. It involves temporarily suspending operations and relinquishing a portion of the lease area to the regulatory authorities. Temporary relinquishment allows for comprehensive inspections, maintenance procedures, and necessary infrastructure adjustments. This process guarantees that necessary safety standards are adhered to during these critical stages. 2. Permanent Relinquishment: Once a horizontal well completes its productive lifecycle or is deemed uneconomical or unviable, permanent relinquishment comes into play. This entails the complete abandonment and sealing of the well. The provision ensures that all equipment, infrastructure, and residual materials associated with the well are appropriately dealt with, preventing any potential contamination or hazards. The regulatory authorities closely supervise the permanent relinquishment process to ensure compliance with all environmental and safety regulations. By implementing the District of Columbia Relinquishment Provision — Horizontal Well, the district maintains a high level of oversight and control over horizontal well operations. This provision helps mitigate any adverse impacts on the environment and public welfare by ensuring responsible well management practices from initial drilling stages to final abandonment. Key regulatory bodies involved in enforcing the provision include the District of Columbia Department of Energy and Environment (DOES), the District of Columbia Oil and Gas Division (DC OGD), and the relevant environmental protection agencies. These agencies work collaboratively to monitor compliance, conduct inspections, and enforce penalties if any violations occur. In conclusion, the District of Columbia Relinquishment Provision — Horizontal Well plays a vital role in maintaining the integrity, safety, and environmental sustainability of horizontal well operations within the district. It promotes responsible resource extraction practices while minimizing potential risks to public health and the environment.
