Natural Gas Costs. Petroleum Operations Expenditures directly associated with the production of Natural Gas will be directly chargeable against Natural Gas revenues in the manner agreed by the Parties. Petroleum Operations Expenditures incurred for production of both Natural Gas and Crude Oil will be allocated to Natural Gas and Crude Oil as agreed by both Parties.
Appears in 2 contracts
Samples: Kosmos Energy Ltd., www.resourcecontracts.org
Natural Gas Costs. Petroleum Operations Expenditures directly ------------------- associated with the production of Natural Gas will be directly chargeable against Natural Gas revenues in the manner agreed by the Parties. Petroleum Operations Expenditures incurred for production of both Natural Gas and Crude Oil will be allocated to Natural Gas and Crude Oil as agreed by both Parties.
Appears in 2 contracts
Samples: Triton Energy LTD, Triton Energy LTD