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  • Drilling Contract Exhibit 101 Vastar Resources Inc Form

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Exhibit 10.1 DRILLING CONTRACT between VASTAR RESOURCES, INC. and R&B FALCON DRILLING CO. DATED DECEMBER 9, 1998 for ?RBS-8D? ?Deepwater Horizon? CONTRACT NO. 980249 D-1-87.1 DISTRIBUTION: Houston.

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How to fill out the Drilling Contract Exhibit 101 Vastar Resources Inc Form online

This guide provides a comprehensive overview of how to fill out the Drilling Contract Exhibit 101 Vastar Resources Inc Form online. It is designed to assist users through each section of the form, ensuring clarity and accuracy in the completion process.

Follow the steps to successfully complete the form.

  1. Click the ‘Get Form’ button to access the form and open it in your browser.
  2. Begin with Article 1, which specifies the term and conditions of the contract. Fill in the Effective Date and Initial Contract Term as required.
  3. Move to Article 2 to indicate the dayrates agreed upon. Reference Exhibit A for the rates applicable during the contract period.
  4. Completing Article 3, provide details of personnel classifications. Specify the number and types of personnel as outlined in Exhibit F.
  5. Continue to Article 4 to identify any other payments that may be applicable. Provide necessary details for reimbursement as described in the article.
  6. In Articles 5 and 6, outline any modifications to the drilling unit and items to be furnished by both the contractor and the company.
  7. Complete Articles 7 through 34 by following the instructions closely to ensure all necessary information is filled out accordingly, including safety, insurance, and liability provisions.
  8. Once all sections are completed, review the document for accuracy and completeness.
  9. Finally, save your changes, download, print, or share the completed form as needed.

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In relation to Oil & Gas law, a daywork drilling contract is one in which the lease operator hires a drilling rig and oilfield workers and retains the right to direct drilling operations. The lease operator pays an amount based on the time spent in drilling operations.

The drilling contract is one of the most important contracts for an operator. A drilling contract will allocate certain risks on a reciprocal basis (including personal injury, damage to property, certain pollution risks and consequential damages), regardless of fault.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232