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
Wisconsin Proprietary Technology Horizontalel— - Restriction on Disclosure refers to a specific type of technology utilized in the oil and gas industry, particularly in the state of Wisconsin. This technology involves the drilling of horizontal wells, which differ from conventional vertical wells by their horizontal trajectory beneath the surface. The Wisconsin Proprietary Technology Horizontalel— - Restriction on Disclosure is a state-specific regulation that imposes restrictions on the disclosure of certain proprietary information related to the technology. These restrictions aim to protect intellectual property rights and prevent unauthorized use or replication of the technology by competitors. By implementing this restriction on disclosure, companies operating in Wisconsin can safeguard their trade secrets, technological advancements, and competitive advantage in the horizontal well sector. This proprietary technology often encompasses innovative drilling techniques, equipment configurations, and reservoir management strategies, which contribute to increased efficiency, productivity, and cost-effectiveness of oil and gas operations. It's important to note that there may be different variations or types of Wisconsin Proprietary Technology Horizontalel— - Restriction on Disclosure, depending on the specific proprietary information involved. These variations may focus on diverse aspects, such as drilling methods, hydraulic fracturing techniques, well bore design, reservoir characterization, or production optimization methodologies. By categorizing and defining these different types of Wisconsin Proprietary Technology Horizontalel— - Restriction on Disclosure, companies can tailor their disclosure policies accordingly. This allows them to protect their unique and valuable intellectual property, maintain a competitive edge, and foster innovation within the Wisconsin oil and gas industry. Overall, the Wisconsin Proprietary Technology Horizontalel— - Restriction on Disclosure serves as a crucial framework for ensuring the sustainable growth and economic development of the state's oil and gas sector. By striking the balance between intellectual property protection and information sharing, this regulation promotes a climate of innovation, investment, and responsible resource extraction in Wisconsin.
