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Proprietary Technology - Horizontal Well - Restriction on Disclosure

State:
Multi-State
Control #:
US-OG-714
Format:
Word; 
Rich Text
Instant download

Description

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

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FAQ

Proprietary information, also known as a trade secret, is information a company wishes to keep confidential. Proprietary information can include secret formulas, processes, and methods used in production.

Proprietary information, also known as a trade secret, is information a company wishes to keep confidential. Proprietary information can include secret formulas, processes, and methods used in production.

As adjectives the difference between confidential and proprietary. is that confidential is (meant to be) kept secret within a certain circle of persons; not intended to be known publicly while proprietary is of or relating to property or ownership, as proprietary rights .

Proprietary Information In fact, a company may view as proprietary virtually everything it does or creates, even if some of it is not protectable as a form of intellectual property.

Confidential and Proprietary Information means all information, not generally known to the public, that relates to the business, technology, manner of operation, subscribers, customers, finances, employees, plans, proposals or practices of the Company or of any third parties doing business with the Company, and

As adjectives the difference between confidential and proprietary. is that confidential is (meant to be) kept secret within a certain circle of persons; not intended to be known publicly while proprietary is of or relating to property or ownership, as proprietary rights .

Proprietary information is confidential information that a company owns and safeguards to protect itself. When any of an organization's intellectual property is recorded on paper, it becomes a proprietary document.

If you own something, especially something of value, then you have proprietary rights. The word is most often used in relation to new inventions or patents. Proprietary refers to property: things that are owned by individuals or businesses.A proprietary claim is usually protected by trademark or copyright.

Proprietary information, also known as a trade secret, is information a company wishes to keep confidential. Proprietary information can include secret formulas, processes, and methods used in production.

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Proprietary Technology - Horizontal Well - Restriction on Disclosure