Common use of PRODUCTION STATEMENT Clause in Contracts

PRODUCTION STATEMENT. 6.1 Subsequent to the Date of Commencement of Commercial Production from the Contract Area, Contractor shall submit a monthly Production Statement to GNPC showing the following information for each Development and Production Area as appropriate: a) the quantity of Crude Oil produced and saved; b) the quantity of Natural Gas produced and saved; c) the quantities of Petroleum used for the purpose of conducting drilling and Production Operations, pumping to field storage and reinjections; d) the quantities of Natural Gas flared; e) the size of Petroleum stocks held at the beginning of the Month; f) the size of Petroleum stocks held at the end of the Month. 6.2 The Production Statement of each Calendar Month shall be submitted to GNPC not later than ten (10) days after the end of such Month.

Appears in 2 contracts

Sources: Petroleum Agreement, Petroleum Agreement (Kosmos Energy Ltd.)

PRODUCTION STATEMENT. 6.1 5.1 Subsequent to the Date of Commencement of Commercial Production from the Contract Area, Contractor Licensee shall submit a monthly Production Statement to GNPC the Director General showing the following information for each Development and Production Area as appropriate: a) the quantity of Crude Oil produced and savedsaved ; b) the quantity of Natural Gas produced and saved; c) the quantities of Petroleum used for the purpose of conducting drilling and Production Operations, pumping to field storage and reinjectionsre-injection; d) the quantities of Natural Gas flared; e) the size of Petroleum stocks held at the beginning of the Month; f) the size of Petroleum stocks held at the end of the Month. 6.2 5.2 The Production Statement of each Calendar Month shall be submitted to GNPC not later than ten (10) days after the end of such Month.ten

Appears in 1 contract

Sources: Petroleum License

PRODUCTION STATEMENT. 6.1 Subsequent to the Date of Commencement of Commercial Production from the Contract Area, Contractor shall submit a monthly Production Statement to GNPC showing the following information for each Development and Production Area as appropriate: a) the quantity of Crude Oil produced and saved; b) the quantity of Natural Gas produced and saved; c) the quantities of Petroleum used for the purpose of conducting drilling and Production Operations, pumping to field storage and reinjections; d) the quantities of Natural Gas flared; e) the size of Petroleum stocks held at the beginning begmmn g of the Month; f) ; the size of Petroleum stocks held at the end of the Month. 6.2 The Production Statement of each Calendar Month shall be submitted to GNPC not later than ten (10) days after the end of such Month.

Appears in 1 contract

Sources: Petroleum Agreement

PRODUCTION STATEMENT. 6.1 Subsequent to the Date of Commencement of Commercial Production from the Contract Area, Contractor shall submit a monthly Production Statement to GNPC showing the following information for each Development and Production Area as appropriate: a) the quantity of Crude Oil produced and saved; b) the quantity of Natural Gas produced and saved; c) the quantities of Petroleum used for the purpose of conducting drilling and Production Operations, pumping to field storage and reinjections; d) the quantities of Natural Gas flared; e) the size of Petroleum stocks held at the beginning of the Month; f) the size of Petroleum stocks held at the end of the Month. 6.2 The Production Statement of each Calendar Month shall be submitted to GNPC not later than ten (10) working days after the end of such Month.

Appears in 1 contract

Sources: Petroleum Agreement (Kosmos Energy Ltd.)