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
Delaware Proprietary Technology Horizontalel— - Restriction on Disclosure refers to a set of innovative techniques and methodologies used in the oil and gas industry, specifically in horizontal well drilling operations in the state of Delaware. This technology is considered proprietary, meaning that it is owned and developed by specific companies, and the details and intricacies of its functioning are kept confidential. Horizontal well drilling is a technique employed in the extraction of oil and gas reserves. Unlike traditional vertical wells, which are drilled straight down into the ground, horizontal wells are drilled at an angle and then deviate horizontally to reach and tap into multiple reservoirs at once. This method allows for better contact with the reservoir rock and improves overall extraction efficiency. Delaware's proprietary technology for horizontal well drilling incorporates several advanced features, processes, and tools. These may include specialized drilling equipment, well bore placement optimization models, advanced drilling fluid systems, cutting-edge measurement-while-drilling (MID) and logging-while-drilling (LED) technologies, and innovative well completion methodologies. By utilizing this proprietary technology, companies operating in Delaware's oil and gas industry can enhance the productivity and profitability of their drilling operations. The use of advanced drilling tools and techniques enables better control of the well bore, increases the flow rates of hydrocarbons to the surface, minimizes downtime and non-productive time, and maximizes the overall recovery of oil and gas reserves. Due to its proprietary nature, the specifics of Delaware's technology for horizontal well drilling are subject to strict confidentiality and non-disclosure agreements. Companies investing in and utilizing this technology must adhere to these restrictions and protect the intellectual property rights of the developers. Different types of Delaware's proprietary technology for horizontal well drilling may exist, each with its own unique features and advantages. These variations could be related to specific drilling formations, environmental conditions, or reservoir characteristics found within the Delaware Basin. Examples of these variations may include technologies specifically tailored for shale formations, offshore drilling operations, high-pressure/high-temperature reservoirs, or vertical integration of drilling processes. In conclusion, Delaware Proprietary Technology Horizontalel— - Restriction on Disclosure encompasses a range of cutting-edge techniques, tools, and methodologies used for horizontal well drilling in the state of Delaware. This proprietary technology enhances drilling performance, maximizes hydrocarbon recovery, and improves economic returns for companies operating in the region's oil and gas industry. Confidentiality and non-disclosure agreements ensure the protection of the proprietary technology's intellectual property rights, leading to the continued development and application of innovative drilling solutions.
