NON-ASSOCIATED GAS. 14.8 Licensee shall notify the Director General in writing as soon as any discovery of Non- Associated Gas is made in the Licence Area.
NON-ASSOCIATED GAS. 16.8 In case of a Discovery of Non-Associated Gas in the Contract Region, the Contractor must present a report in accordance with the prescriptions of this Contract. If the Contractor considers that the Discovery is worth evaluating, it must evaluate, with an estimation of the reserves, the production potential, as well as the economic viability. In that report, the Contractor should also declare if the Discovery is commercially viable. If the Contractor considers that the Discovery of the Non-Associated Gas is not worth evaluating, the provisions related to the Crude Oil shall be applied mutatis mutandis.
NON-ASSOCIATED GAS. 14.7 Contractor shall notify the Minister in writing as soon as any Discovery of Non-Associated Gas is made in the Contract Area.
NON-ASSOCIATED GAS. (a) When the Contractor in accordance with Article 8.2 has informed the Minister of any non - associated gas discovery within the contract area that is of potential commercial interest, the Parties shall promptly carry out friendly negotiations to reach agreement on the additional terms necessary for commercial development and production of the discovery. The agreement, which shall form an annex to this Agreement, shall be based on and include the following principles- The petroleum production licence shall be extended as may be required to allow for commitment of the reserves for the life of the gas project and consistent with the terms for marketing that may be negotiated with the buyers of the gas. The cost recovery rate and the Contractor’s profit gas share shall be negotiated by the Parties taking into consideration the actual conditions in the gas field and the markets for such gas so that the Contractor shall be able to obtain an economic benefit acceptable to the Contractor. If the Parties fail to reach an agreement within three (3) years after the date of commencement of negotiations, the Government shall have the right unilaterally to put up the gas field for bidding but shall keep as confidential the substance of any previous and future negotiations undertaken with Contractor. In such case, Contractor shall be entitled to participate in the bidding.
NON-ASSOCIATED GAS. 14.11 Contractor shall have the right to commercialize a Discovery of Non- Associated Gas in the Contract Area in accordance with the provisions of this Agreement. Except as otherwise provided in this Agreement, the terms applicable to a Discovery as provided under Article 8 of this Agreement shall apply to a Discovery of Non-Associated Gas.
NON-ASSOCIATED GAS. (a) For Non-Associated Gas discovery pursuant to Sections 9.01 and 9.02 herein, an Appraisal Work Program shall be prepared and submitted by the CONTRACTOR to the DEPARTMENT not later than twenty-four (24) months from the submission of the discovery report. During this period the CONTRACTOR will conduct preliminary market studies in order to analyze the markets for the Non-Associated Gas as well as investigate such technical issues as reserve size ranges, deliverability and other issues pertaining to the exploitation of the Non-Associated Gas.
NON-ASSOCIATED GAS. The provisions of Articles 13.1, 13.2 and 14.1 shall apply mutatis mutandis in case of Non-Associated Gas Discovery.
NON-ASSOCIATED GAS. Natural gas produced from a dry Gas Mine or from a condesated Gas Mine.
NON-ASSOCIATED GAS. Natural gas produced from a dry Gas Mine or from a condesated Gas Mine. Production Individualization: procedure which aims to the division of the Production result and the rational use of the natural resources of the Federal Government, by means of unification of the Development and Production Stage of the ore body which extends beyond the Concession Area; Applicable Law: the set of all laws, decrees, regulations, resolutions, ordinances, normative instructions or any other normative acts which impose or which shall focus on the Parties, or on the activities of Exploration, Assessment, Development and Production Stage of Oil and Natural Gas, as well as on the decommissioning of the facilities.
