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
North Dakota Proprietary Technology Horizontalel— - Restriction on Disclosure refers to a set of innovative techniques and processes utilized in the exploration and production of oil and gas resources in North Dakota. This technology represents a significant advancement in the field, offering improved efficiency, productivity, and overall performance in the extraction of hydrocarbon reserves. One type of North Dakota Proprietary Technology Horizontalel— - Restriction on Disclosure is the "Advanced Drilling and Completion Techniques." These techniques involve the use of horizontal drilling to reach and extract resources from multiple layers of rock formations. By drilling horizontally, rather than vertically, operators can access a larger area of reservoirs, enhancing the overall recovery rate of oil and gas. Another type is "Fracturing Fluids and Prop pants." Fracturing fluids are critical for the hydraulic fracturing process, which creates fractures in the rock layers to facilitate the flow of oil and gas. North Dakota's proprietary technology employs specialized fracturing fluids designed to maximize the efficiency of fracturing operations. Similarly, prop pants like sand or ceramic materials are used to keep the fractures open, enabling the extraction of hydrocarbons. The state's proprietary prop pant formulas contribute to better fracture conductivity, optimizing production rates. Furthermore, "Data Analytics and Reservoir Characterization" are essential components of North Dakota Proprietary Technology Horizontalel— - Restriction on Disclosure. These advanced analytics techniques analyze vast amounts of data related to underground formations, well performance, and production trends. By leveraging this data, operators can improve reservoir characterization, identify optimal drilling locations, and make informed decisions regarding reservoir management. It is important to note that North Dakota Proprietary Technology Horizontalel— - Restriction on Disclosure relies on stringent confidentiality measures. Companies operating in the region are required to adhere to strict non-disclosure agreements, preventing the unauthorized sharing of proprietary techniques and technologies. These restrictions are crucial to protect the competitive advantage of North Dakota's oil and gas industry and promote continued innovation in the field. In summary, North Dakota Proprietary Technology Horizontalel— - Restriction on Disclosure encompasses various pioneering techniques and technologies used in the extraction of oil and gas resources. These include advanced drilling and completion techniques, specialized fracturing fluids and prop pants, and sophisticated data analytics for reservoir characterization. By implementing and safeguarding these proprietary technologies, North Dakota aims to maximize its hydrocarbon recovery rates and maintain its position as a leading player in the oil and gas industry.
