Specifications include, but are not limited to: The successful proposer will: - At its own risk drill, produce gas, water, oil, and other substances and operate and conduct any and all operations. - At its own risk, assume all liability with the abandonment of any operations connected with the drilling, production, or operation of the oil field. - Comply with the Harbor Departments insurance requirements (Section 2.8). - At all times produce, pump, and flow or otherwise operate the Subject Property at maximum efficiency rates, except that the Subject Property may be operated at a lesser rate when such rate shall conform to well-established and recognized production practices. - Be responsible for obtaining any and all necessary approvals and permits, such as well work permits, building permits, etc.
