Common use of Production Costs Clause in Contracts

Production Costs. Production Costs are expenditures incurred on Production Operations after the start of production from the Field (which are other than Exploration and Development Costs). The balance of General and Administrative Costs and Service Costs not allocated to Exploration Costs or Development Costs shall be allocated to Production Costs.

Production Costs. Production Costs are expenditures of revenue nature incurred on Production Operations after the start of production from the Field (which are other than Exploration and Development Costs). The balance of General and Administrative Costs and Service Costs not allocated to Exploration Costs or Development Costs shall be allocated to Production Costs.

Production Costs. Production Costs are expenditures incurred on for Production Operations after the start of production from the Field (which are other than Exploration and Development Costs). The balance of General and Administrative Costs and Service Costs not allocated to Exploration Costs or Development Costs shall be allocated to Production Costs.

Production Costs. Production Costs are all direct and allocated indirect costs and expenditures incurred on in carrying out Production Operations, including all direct and allocated indirect costs and expenses incurred in Petroleum Operations after the start of production from the Field (First Production which are other than Exploration and Costs, Gas Marketing Costs, Development Costs). The balance of General and Administrative Costs and Service Decommissioning Costs. Production Costs not allocated include that portion of all service expenditures and that portion of all general and administrative expenditures directly attributable to Exploration Production Costs or Development Costs shall be allocated to Production Coststhereto on a consistent and equitable basis.

Production Costs. Production Costs are expenditures incurred on Production Operations in respect of the Contract Area after the start of production from the Field Development Area (which are other than Exploration and Development Costs). The balance of General and Administrative Costs and Service Costs not allocated to Exploration Costs or Development Costs shall be allocated to Production Costs.

Production Costs. Production Costs are expenditures incurred on Production Operations in respect of a Field/ Development Area after the start of production from the Field Field/Development Area (which are other than Exploration and Development Costs). The balance of General and Administrative Costs and Service Costs not allocated to Exploration plus Pilot Assessment Costs including Market Confirmation or Development Costs costs shall be allocated to Production Costscosts.