Production Sharing of Liquid Hydrocarbons Sample Clauses

Production Sharing of Liquid Hydrocarbons. A. Except as provided in Article 13 herein, all Liquid Hydrocarbons produced during the term of this Agreement and during each Provisional Exploitation Authorization and each Exploitation License, which is not used in Petroleum Operations, shall be distributed between the Parties in the following percentages (herein referred to as "Percentage Interests"): Liquid Hydrocarbons SONATRACH ANADARKO in barrels per day of total (100%) Percentage Percentage production (quarterly average) Interest Interest That portion up to 25,000 BPD [C] [C] That portion in excess of [C] [C] 25,000 and up to 50,000 BPD That portion in excess of [C] [C] 50,000 and up to 75,000 BPD That portion in excess of [C] [C] 75,000 and up to 100,000 BPD That portion in excess of [C] [C] 100,000 and up to 125,000 BPD That portion in excess of [C] [C] 125,000 and up to 150,000 BPD That portion in excess of [C] [C] 150,000 BPD and up to 200,000 BPD That portion in excess of [C] [C] 200,000 BPD
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Related to Production Sharing of Liquid Hydrocarbons

  • Gas If Customer has selected a Gas Fixed Rate, Customer’s Price will be based on the Fixed Rate(s), plus the Administration Charge, set forth in the Application, which includes RITERATE ENERGY’s compressor fuel and transportation charges, administrative and transaction costs and the Gas Balancing Amount and any Regulatory Charges (defined below).

  • Notice of Sales of Oil and Gas Properties In the event the Borrower or any Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Subsidiary in accordance with Section 9.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof requested by the Administrative Agent or any Lender.

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • Flammable Liquids Company will not keep or store flammable liquids within any covered and enclosed portion of the Premises or Common Use Areas in excess of Company’s working requirements. Any such liquids having a flash point of less than 110 degrees Fahrenheit will be kept and stored in safety containers of a type approved by Underwriters Laboratories.

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Natural Gas 21.1 Subject to Article 21.2, the Indian domestic market shall have the first call on the utilisation of Natural Gas discovered and produced from the Contract Area. Accordingly, any proposal by the Contractor relating to Discovery and production of Natural Gas from the Contract Area shall be made in the context of the Government's policy for the utilisation of Natural Gas and shall take into account the objectives of the Government to develop its resources in the most efficient manner and to promote conservation measures.

  • Imbalances The parties hereto recognize that with respect to Section 2.01, on any Day, receipts of gas by Union and deliveries of gas by Union may not always be exactly equal, but each party shall cooperate with the other in order to balance as nearly as possible the quantities transacted on a daily basis, and any imbalances arising shall be allocated to the Facilitating Agreements and shall be subject to the respective terms and charges contained therein, and shall be resolved in a timely manner.

  • Receipt Points The Points of Receipt are listed in Appendix 2.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

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