Common use of Maximum Efficient Production Rate Clause in Contracts

Maximum Efficient Production Rate. The Contractor and the Ministry shall agree on the Production programs before Production begins in any Field and establish at that time the Maximum Efficient Production Rate for such Field, and will determine the dates on which such levels will be reexamined and potentially revised.

Appears in 7 contracts

Samples: Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs

Maximum Efficient Production Rate. The Contractor and the Ministry shall will agree on the Production programs before Production begins in any Field and establish at that time the Maximum Efficient Production Rate for such the Field, and will determine decide the dates on which such the levels will be reexamined and potentially revised.

Appears in 3 contracts

Samples: Kosmos Energy Ltd., eiti-ge.org, egronda.com

AutoNDA by SimpleDocs

Maximum Efficient Production Rate. The Contractor and the Ministry shall will agree on the Production programs before Production begins in any Field and establish at that time the Maximum Efficient Production Rate for such the Field, and will determine decide the dates on which such the levels will be reexamined re-examined and potentially revised.

Appears in 1 contract

Samples: Guarantee Agreement (Kosmos Energy Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.