Production Sharing. 6.2.1 The quantity of produced Hydrocarbons remaining after the Contractor has taken from the Available Hydrocarbons the portion permitted under Article 6.1 to be allocated to the recovery of Hydrocarbons Costs shall be shared between the Republic and the Contractor in accordance with this Article. 6.2.2 To determine the percentage share of Profit Oil and/or Profit Gas to which the Parties are entitled, the "R" Factor shall be calculated each Quarter as follows:
Appears in 3 contracts
Sources: Exploration and Production Sharing Contract, Exploration and Production Sharing Contract, Model Exploration and Production Sharing Contract