Annual Production Program document describing the forecasts for Production and handling of Oil, Gas, water, special fluids, and waste arising from the Production process of each Development Area or Field.
Annual Production Program. 16.2. The Annual Production Program shall not provide for a variance equal to or higher than ten percent (10%) of the amount provided for in the Development Plan.
Annual Production Program. The Annual Production Program shall not provide for a variance equal to or higher than ten percent (10%) of the amount provided for in the Development Plan. Any variance equal to or higher than ten percent (10%) shall be based on the Applicable Laws and Regulations and the Best Practices of the Oil Industry. The Consortium Members shall submit to ANP the Annual Production Program for the calendar year in which the Production starts at least sixty (60) days before the Production start date, as provided by the Applicable Laws and Regulations. The Consortium Members shall submit to ANP the Annual Production Program for the subsequent year for the Field by October 31st of each calendar year, as provided by the Applicable Laws and Regulations. Approval of the Annual Production Program ANP shall have thirty (30) days of receipt of the Annual Production Program to approve it or request the Consortium Members to make the modifications it deems applicable. If ANP requests modifications, the Consortium Members shall resubmit the Annual Production Program including such changes within thirty (30) days of the date of request. If the Consortium Members disagree with the proposed modifications, they may discuss them with ANP aiming at adjusting the modifications to be implemented in the Annual Production Program where ANP deems appropriate and according to the Best Practices of the Oil Industry. If, at the beginning of the period referred to in certain Annual Production Program, ANP and the Consortium Members are discussing any modifications proposed by ANP due to the application of the provisions in paragraph 16.5, the lowest Production level among those proposed by the Consortium Members and ANP shall be used in any month and until final definition of the Annual Production Program. Revision ANP and the Consortium Members may agree, at any time, on the revision of an ongoing Annual Production Program, provided that such revision complies with the provisions of paragraphs 16.2 to 16.6. When the revision is proposed by ANP, the Consortium Members shall have thirty (30) days of receipt of the notice to discuss it with ANP and submit a revised Annual Production Program.
Annual Production Program. The Annual Production Program shall not provide for a variance equal to or higher than ten percent (10%) of the amount provided for in the Development Plan. Any variance equal to or higher than ten percent (10%) shall be based on the Applicable Laws and Regulations and the Best Practices of the Oil Industry. The Consortium Members shall submit to ANP the Annual Production Program for the calendar year in which the Production starts at least sixty (60) days before the Production Start Date, as provided by the Applicable Laws and Regulations. The Consortium Members shall submit to ANP the Annual Production Program for the subsequent year for the Field by October 31st of each calendar year, as provided by the Applicable Laws and Regulations. Approval of the Annual Production Program ANP shall have thirty (30) days of receipt of the Annual Production Program to approve it or request the Consortium Members to make the modifications it deems applicable.
Annual Production Program. The Consortium Members shall submit to ANP the Annual Production Program for the calendar year in which the Production starts at least sixty (60) days before the Production Start Date, as provided by the Applicable Laws and Regulations. The Consortium Members shall submit to ANP the Annual Production Program for the subsequent year by October 31 of each calendar year, under the Applicable Laws and Regulations. Approval of the Annual Production Program ANP shall have thirty (30) days of receipt of the Annual Production Program to approve it or request the Consortium Members to make the modifications it deems applicable.
Annual Production Program. 11.3. The Concessionaire shall submit to ANP the Annual Production Program for the calendar year in which the Production starts at least sixty (60) days before the Production Start Date, under the Applicable Laws and Regulations.
Annual Production Program. 9.1.1. The Plans and Programs shall be prepared under the Applicable Laws and Regulations.
Annual Production Program. The Plans and Programs for monitoring the Production Phase shall be prepared under the Applicable Laws and Regulations.
Annual Production Program. 12.3. The Consortium Members shall submit to ANP the Annual Production Program for the calendar year in which the Production starts , until the last day of month of the Production Start Date, as provided by the Applicable Laws and Regulations.
Annual Production Program. 3.9. The Operator shall submit to the other Consortium Members a detailed proposal of the Annual Production Program of the Development Area or Field sixty (60) days in advance to the periods for submission of the document to ANP, as established in Section Twelve of the Agreement.
