Development System Sample Clauses
The Development System clause defines the specific hardware, software, or technical environment used for creating, testing, and refining a product or service during its development phase. It typically outlines the configuration, access rights, and any restrictions on how the system may be used, such as limiting use to development and not for commercial deployment. By clearly specifying the parameters and permitted uses of the development environment, this clause helps prevent misuse, ensures compliance with licensing or security requirements, and clarifies the boundaries between development and production systems.
Development System. Description of the Development System including:
(i) the type of Production System proposed, for example, tension leg well jacket, floating production system, including the Production System’s location, configuration (number of well slots or subsea tiebacks), and production capacity;
(ii) the Facilities and their daily processing capacity for Hydrocarbon production and the gathering system necessary to transport the Hydrocarbons from the well heads to the interconnect with the pipeline or offtake point servicing the Contract Area;
(iii) a projected time schedule for designing, contracting, fabricating, constructing, or otherwise acquiring, transporting, and installing the Development System;
(iv) the estimated date of initial Hydrocarbon production and the estimated initial daily rate of Hydrocarbon production;
(v) the estimated Costs (not in the form of an AFE) of the Development System;
(vi) all proposed hydrate or paraffin control systems or techniques, method of pressure maintenance, or enhanced recovery plan;
(vii) a description of the proposed well completion techniques, that is, dual versus single; and
(viii) The equipment and space on, and the weight and the buoyancy of, the Development System, which are required to make the enhanced recovery and pressure maintenance plans and objectives referred to in Article 12.4.1(j)(iii)(D) possible;
Development System. A Production System and its associated Facilities.