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
Kansas Proprietary Technology - Horizontal Well - Restriction on Disclosure
Category:
State:
Multi-State
Control #:
US-OG-714
Format:
Word;
Rich Text
Instant download
Description
How to fill out Proprietary Technology - Horizontal Well - Restriction On Disclosure?
Finding the right authorized papers format can be quite a have difficulties. Needless to say, there are tons of layouts available on the Internet, but how do you obtain the authorized develop you require? Utilize the US Legal Forms web site. The service gives a large number of layouts, for example the Kansas Proprietary Technology - Horizontal Well - Restriction on Disclosure, which can be used for enterprise and private requires. All the forms are examined by experts and meet state and federal demands.
When you are currently listed, log in to your profile and click on the Obtain key to have the Kansas Proprietary Technology - Horizontal Well - Restriction on Disclosure. Make use of your profile to appear throughout the authorized forms you might have ordered in the past. Check out the My Forms tab of your own profile and acquire yet another copy from the papers you require.
When you are a brand new user of US Legal Forms, listed here are basic recommendations so that you can comply with:
- First, be sure you have selected the proper develop for your personal area/area. You can look over the shape using the Preview key and read the shape information to make sure this is the best for you.
- In case the develop will not meet your requirements, take advantage of the Seach area to get the correct develop.
- When you are certain the shape is acceptable, go through the Get now key to have the develop.
- Pick the pricing program you would like and enter the needed details. Build your profile and buy the transaction using your PayPal profile or bank card.
- Select the data file structure and download the authorized papers format to your product.
- Complete, edit and print and indicator the obtained Kansas Proprietary Technology - Horizontal Well - Restriction on Disclosure.
US Legal Forms may be the most significant catalogue of authorized forms in which you will find a variety of papers layouts. Utilize the service to download appropriately-produced files that comply with express demands.
Form popularity
FAQ
In 2021, the average oil well produced 26 b/d (or roughly 33.5 BOE/d if including natural gas), and the average natural gas well produced about 181,647 cf/d (slightly more than 33.5 BOE/d of total oil and natural gas).
With today's drilling and completion (D&C) costs, $100/bbl prices would allow a horizontal Wolfcamp well to reach discounted payback in just under six months (IRR of 1058%). With prices at $25/bbl, wells would not reach discounted payback for 11.5 years (IRR of 3.57%).
The Oklahoma Watch study shows that a typical horizontal well's oil production starts out with a bang, averaging 267 barrels a day during the first full month of production. By the 36th month, its oil production will have fallen to about 34 barrels a day, a decline of 87 percent.
What is the Average Life Span of a Well? he average life span of an oil or natural gas well is 20 to 30 years. However, new technologies are being developed to find ways to extend the life span. The life span of a well is based on the active years the well is in production.
The majority of these wells have a production rate ranging between 15 and 100 barrels of oil equivalent per day.
