Kentucky 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

Hydraulic fracturing, or ?fracking,? is revolutionizing oil and gas drilling across the country. However, without rigorous safety regulations, it can poison groundwater, pollute surface water, impair wild landscapes, and threaten wildlife.

Fracking is a proven drilling technology used for extracting oil, natural gas, geothermal energy, or water from deep underground. Fracking has been safely used in the United States since 1947.

Hydraulic fracturing, or fracking, is a process that uses high-pressure fluid injections to shatter rock formations and extract natural gas. Fracking has been blamed for leaking millions of tons of methane, a greenhouse gas more potent than carbon dioxide.

Hydraulic fracturing, or fracking, is a drilling method used to extract petroleum (oil) or natural gas from deep in the planet. In the fracking process, cracks in and below Earth's surface are opened and widened by injecting water, chemicals, and sand at high pressure.

The process creates vast amounts of wastewater, emits greenhouse gases such as methane, releases toxic air pollutants and generates noise. Studies have shown these gas and oil operations can lead to loss of animal and plant habitats, species decline, migratory disruptions and land degradation.

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Kentucky Proprietary Technology - Horizontal Well - Restriction on Disclosure