MEASUREMENT OF PETROLEUM. (1) The volume and quality of Petroleum produced and saved from the Contract Area shall be measured by methods and appliances customarily used in good international petroleum industry practice and approved by the Minister.
Appears in 13 contracts
Samples: Participation Agreement (CAMAC Energy Inc.), Farmout Agreement (ERHC Energy Inc), Participation Agreement
MEASUREMENT OF PETROLEUM. (1) 11.1 The volume and quality of Petroleum produced and saved from the Contract a Development Area shall be measured by methods and appliances generally accepted and customarily used in good international sound petroleum industry practice and approved by the MinisterLicensee and the Management Committee.
Appears in 1 contract
Samples: Geoglobal Resources Inc.
MEASUREMENT OF PETROLEUM. (1) The volume and quality of Petroleum petroleum produced and saved from the Contract Area contract area shall be measured by methods and appliances customarily used in good international petroleum industry practice and approved by the Minister.
Appears in 1 contract
Samples: Participation Agreement
