Common use of Production Operations Clause in Contracts

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 per Wattenberg Field well, $700 per Piceance Basin, $950 for Red Desert Basin or Williston Basin well and a monthly operating charge of $100 per well. If the Partnership has producing wxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 3 contracts

Samples: Form of Drilling and Operating Agreement (Rockies Region 2006 Limited Partnership), Form of Drilling and Operating Agreement (Rockies Region 2007 Lp), Form of Drilling and Operating Agreement (Rockies Region 2006 Private Limited Partnership)

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Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 per Wattenberg Field well, $700 per Piceance Basin, $950 for Red Desert Basin or Williston Basin well and a monthly operating charge of $100 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Drilling and Operating Agreement (Rockies Region 2007 Lp)

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 325 per Wattenberg Field well, well and $700 600 per Piceance BasinBasin , $950 for Sand Wash Basin or Red Desert Basin or Williston Basin well and a monthly operating Partnership Administration charge of $100 75 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 75 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 2,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Drilling and Operating Agreement (PDC 2005-B Limited Partnership)

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 S325 per Wattenberg Field well, well and $700 600 per Piceance Basin, $950 for Red Desert Basin or Williston well and Sand Wash Basin well and a monthly operating Partnership Administration charge of $100 S75 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 75 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 2,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Form of Drilling and Operating Agreement (PDC 2004-a Limited Partnership)

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 325 per Wattenberg Field well, well and $700 600 per Piceance BasinBasin , $950 for Sand Wash Basin or Red Desert Basin or Williston Basin well and a monthly operating Partnership Administration charge of $100 75 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 75 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 2,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the "Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Form of Drilling and Operating Agreement (PDC 2005-a Limited Partnership)

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 per Wattenberg Field well, $700 per Piceance Basin, $950 for Sand Wash Basin, Red Desert Basin or Williston Basin well and a monthly operating Partnership Administration charge of $100 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Drilling and Operating Agreement (Rockies Region Private LP)

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Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 325 per Wattenberg Xxxxxxxxxx Field well, well and $700 600 per Piceance Basin, $950 for Red Desert Basin or Williston well and Sand Wash Basin well and a monthly operating Partnership Administration charge of $100 75 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 75 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 2,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Form of Drilling and Operating Agreement (PDC 2004-D Limited Partnership)

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending lending fee of $400 325 per Wattenberg Field well, well and $700 600 per Piceance Basin, $950 for Red Desert Basin or Williston well and Sand Wash Basin well and a monthly operating Partnership Administration charge of $100 S75 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 75 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 2,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Form of Drilling and Operating Agreement (PDC 2004-C Limited Partnership)

Production Operations. PDC shall provide all necessary labor, vehicles, supervision, management, accounting, and overhead services for normal xxxxx! production operations, and lease accounting, and shall be entitled to deduct from Partnership revenues a monthly well-tending fee of $400 325 per Wattenberg Field well, well and $700 600 per Piceance Basin, $950 for Red Desert Basin or Williston well and Sand Wash Basin well and a monthly operating Partnership Administration charge of $100 75 per well. If the Partnership has producing wxxxx xxxxx in areas different from those above, the operator will charge a monthly Partnership Administration fee of $100 75 per well plus a competitive industry rate for operations and field supervision. Nonroutine operations will be billed to the Partnership at their proportionate cost. Any nonroutine operation with an estimated cost exceeding $10,000 2,000 will be authorized for expenditure ("AFE" or "AFE'd") and submitted to the Non-Operators for approval. Approval of a majority of the working interest owners will be required to authorize such operations. If the Partnership authorized such operations, operations PDC shall have the right to deduct payment for the cost from Partnership revenues.

Appears in 1 contract

Samples: Drilling and Operating Agreement (PDC 2004-B Limited Partnership)

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