This provision is for an Agreement where there is the expectation that one or more horizontal wells may be drilled within the Contract Area. This section addresses the drilling of Horizontal Wells and that they shall remain the sole property and information of the Operator
Idaho Proprietary Technology Horizontalel— - Restriction on Disclosure Idaho Proprietary Technology refers to a unique set of advanced techniques and methods specifically developed for horizontal well operations in the state of Idaho. This confidential technology has been created by industry experts to maximize the extraction of oil and gas resources from horizontal well bore sections. Horizontal wells are a type of well bore that deviates from the traditional vertical drilling approach. Instead of drilling straight down, horizontal wells are drilled horizontally through the target formation, allowing for increased exposure to the reservoir and improved production rates. This technology has revolutionized the oil and gas industry by providing significant advantages over conventional vertical wells. The Idaho Proprietary Technology associated with horizontal wells comprises several key elements: 1. Drilling Techniques: The proprietary drilling techniques used in Idaho horizontal wells involve carefully planned well bore trajectories and precise control of well bore angles. These techniques ensure optimal reservoir contact and target specific areas within the formation to maximize production rates. 2. Completion Methods: The completion methods used in Idaho horizontal wells incorporate advanced tools and technologies to enhance well bore stability and optimize fluid flow. This includes the use of specialized casing designs, gravel packing, perforation techniques, and hydraulic fracturing, among others. 3. Reservoir Evaluation: Idaho Proprietary Technology also encompasses advanced reservoir evaluation techniques, including the use of sophisticated logging tools and advanced formation evaluation software. These tools provide detailed information about reservoir properties, such as porosity, permeability, and fluid saturations, enabling efficient production planning and optimization. 4. Production Optimization: The proprietary technology includes cutting-edge production optimization methods to maximize the recovery of oil and gas resources. This involves real-time monitoring and control systems, intelligent well completions, and artificial lift systems to enhance the overall productivity and efficiency of the horizontal wells. Due to the highly sensitive and competitive nature of this technology, there are strict restrictions on its disclosure. The proprietary nature of Idaho Proprietary Technology ensures that the knowledge and details of its application remain confidential, safeguarding the competitive advantage of the companies utilizing this cutting-edge technology. In conclusion, Idaho Proprietary Technology Horizontalel— - Restriction on Disclosure is a specialized set of advanced techniques and methods developed exclusively for horizontal well operations in Idaho. This technology encompasses drilling techniques, completion methods, reservoir evaluation, and production optimization to maximize production rates and recovery. The restriction on disclosure ensures the protection of this valuable intellectual property and maintains a competitive edge for the companies utilizing it.Idaho Proprietary Technology Horizontalel— - Restriction on Disclosure Idaho Proprietary Technology refers to a unique set of advanced techniques and methods specifically developed for horizontal well operations in the state of Idaho. This confidential technology has been created by industry experts to maximize the extraction of oil and gas resources from horizontal well bore sections. Horizontal wells are a type of well bore that deviates from the traditional vertical drilling approach. Instead of drilling straight down, horizontal wells are drilled horizontally through the target formation, allowing for increased exposure to the reservoir and improved production rates. This technology has revolutionized the oil and gas industry by providing significant advantages over conventional vertical wells. The Idaho Proprietary Technology associated with horizontal wells comprises several key elements: 1. Drilling Techniques: The proprietary drilling techniques used in Idaho horizontal wells involve carefully planned well bore trajectories and precise control of well bore angles. These techniques ensure optimal reservoir contact and target specific areas within the formation to maximize production rates. 2. Completion Methods: The completion methods used in Idaho horizontal wells incorporate advanced tools and technologies to enhance well bore stability and optimize fluid flow. This includes the use of specialized casing designs, gravel packing, perforation techniques, and hydraulic fracturing, among others. 3. Reservoir Evaluation: Idaho Proprietary Technology also encompasses advanced reservoir evaluation techniques, including the use of sophisticated logging tools and advanced formation evaluation software. These tools provide detailed information about reservoir properties, such as porosity, permeability, and fluid saturations, enabling efficient production planning and optimization. 4. Production Optimization: The proprietary technology includes cutting-edge production optimization methods to maximize the recovery of oil and gas resources. This involves real-time monitoring and control systems, intelligent well completions, and artificial lift systems to enhance the overall productivity and efficiency of the horizontal wells. Due to the highly sensitive and competitive nature of this technology, there are strict restrictions on its disclosure. The proprietary nature of Idaho Proprietary Technology ensures that the knowledge and details of its application remain confidential, safeguarding the competitive advantage of the companies utilizing this cutting-edge technology. In conclusion, Idaho Proprietary Technology Horizontalel— - Restriction on Disclosure is a specialized set of advanced techniques and methods developed exclusively for horizontal well operations in Idaho. This technology encompasses drilling techniques, completion methods, reservoir evaluation, and production optimization to maximize production rates and recovery. The restriction on disclosure ensures the protection of this valuable intellectual property and maintains a competitive edge for the companies utilizing it.
