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
Kings New York Proprietary Technology Horizontalel— - Restriction on Disclosure refers to a specific type of technology used in the oil and gas industry, developed and owned by Kings New York. This advanced proprietary technology revolutionizes the drilling and extraction process for oil and gas resources in horizontal wells. The Kings New York Proprietary Technology — Horizontal Well encompasses a range of innovative techniques, tools, and equipment designed to enhance the efficiency, productivity, and safety of drilling operations in horizontal wells. By utilizing this technology, oil and gas companies can tap into previously inaccessible reservoirs and extract hydrocarbons in a more cost-effective and sustainable manner. One notable feature of this proprietary technology is its ability to enhance the production rates of horizontal wells. By employing advanced reservoir engineering techniques, drilling and extraction processes can be optimized to maximize the recovery of oil and gas reserves. This technology also ensures a higher success rate for horizontal well drilling by minimizing technical challenges and reducing the risks associated with such operations. Furthermore, the Kings New York Proprietary Technology — Horizontal Well incorporates cutting-edge smart systems and digital solutions. Through the use of real-time monitoring and data analysis, operators can now gather accurate information about reservoir properties, well integrity, and drilling parameters. This enables timely decision-making, proactive maintenance, and prompt troubleshooting, ultimately leading to increased efficiency and operational excellence. It's important to note that due to its proprietary nature, certain details surrounding the Kings New York Proprietary Technology — Horizontal Well may be subjected to a restriction on disclosure. This means that specific aspects, such as the algorithms, sensitive data, or engineering designs, may not be publicly shared or disclosed without proper authorization. In summary, Kings New York Proprietary Technology — Horizontal Well is an advanced and innovative approach to drilling and extracting oil and gas resources from horizontal wells. By incorporating advanced reservoir engineering techniques, smart systems, and digital solutions, this technology offers increased production rates, operational efficiency, and safety standards. However, certain aspects of this technology may be subject to restriction on disclosure to protect its proprietary nature.Kings New York Proprietary Technology Horizontalel— - Restriction on Disclosure refers to a specific type of technology used in the oil and gas industry, developed and owned by Kings New York. This advanced proprietary technology revolutionizes the drilling and extraction process for oil and gas resources in horizontal wells. The Kings New York Proprietary Technology — Horizontal Well encompasses a range of innovative techniques, tools, and equipment designed to enhance the efficiency, productivity, and safety of drilling operations in horizontal wells. By utilizing this technology, oil and gas companies can tap into previously inaccessible reservoirs and extract hydrocarbons in a more cost-effective and sustainable manner. One notable feature of this proprietary technology is its ability to enhance the production rates of horizontal wells. By employing advanced reservoir engineering techniques, drilling and extraction processes can be optimized to maximize the recovery of oil and gas reserves. This technology also ensures a higher success rate for horizontal well drilling by minimizing technical challenges and reducing the risks associated with such operations. Furthermore, the Kings New York Proprietary Technology — Horizontal Well incorporates cutting-edge smart systems and digital solutions. Through the use of real-time monitoring and data analysis, operators can now gather accurate information about reservoir properties, well integrity, and drilling parameters. This enables timely decision-making, proactive maintenance, and prompt troubleshooting, ultimately leading to increased efficiency and operational excellence. It's important to note that due to its proprietary nature, certain details surrounding the Kings New York Proprietary Technology — Horizontal Well may be subjected to a restriction on disclosure. This means that specific aspects, such as the algorithms, sensitive data, or engineering designs, may not be publicly shared or disclosed without proper authorization. In summary, Kings New York Proprietary Technology — Horizontal Well is an advanced and innovative approach to drilling and extracting oil and gas resources from horizontal wells. By incorporating advanced reservoir engineering techniques, smart systems, and digital solutions, this technology offers increased production rates, operational efficiency, and safety standards. However, certain aspects of this technology may be subject to restriction on disclosure to protect its proprietary nature.
