Common use of Barrel Clause in Contracts

Barrel. Is the unit of measurement for Liquid hydrocarbons consisting of forty two (42) United States gallons at a temperature of sixty degrees ▇▇▇▇▇▇▇▇▇▇ (▇▇° F) at sea level pressure, without water, mud or other sediments (BS&W).

Appears in 1 contract

Sources: License Contract (Navidec Inc)

Barrel. Is the A capacity measurement unit of measurement for Controlled Liquid hydrocarbons consisting of Hydrocarbons, equivalent to forty two (42) gallons of the United States gallons of America at a temperature of sixty degrees ▇▇▇▇▇▇▇▇▇▇ (▇▇° F) ), at sea level pressure, without water, mud or other sediments (BS&W).

Appears in 1 contract

Sources: License Agreement for Hydrocarbon Exploration and Development (BPZ Resources, Inc.)

Barrel. Is the unit of measurement for Liquid hydrocarbons consisting of forty two (42) United States gallons at a temperature of sixty degrees ▇▇▇▇▇▇▇▇▇▇ Fahrenheit (▇▇° 60º F) at and sea level pressure, without water, mud or other sediments (BS&W).

Appears in 1 contract

Sources: License Agreement

Barrel. Is the A capacity measurement unit of measurement for Controlled Liquid hydrocarbons consisting of Hydrocarbons, equivalent to forty two (42) gallons of the United States gallons of America at a temperature of sixty degrees ▇▇▇▇▇▇▇▇▇▇ (▇▇° F) ), at sea level pressure, without water, mud or other sediments (BS&W).

Appears in 1 contract

Sources: License Agreement for Hydrocarbon Exploration and Development (BPZ Resources, Inc.)

Barrel. Is It is the unit for the measurement of measurement for Liquid hydrocarbons Hydrocarbons consisting of forty two (42) gallons of the United States gallons at of America, corrected to standard conditions (a temperature of sixty degrees ▇▇▇▇▇▇▇▇▇▇ Fahrenheit (▇▇° 60 °F) at sea level pressure, without water, mud or other sediments and absolute pressure of one (BS&W1) atmosphere).

Appears in 1 contract

Sources: Exploration and Exploitation Agreement (Gran Tierra Energy Inc.)