Available Petroleum definition

Available Petroleum means all Available Crude Oil and Available Natural Gas.
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Available Petroleum means Available Crude Oil, Available Associated Natural Gas and Available Non-Associated Natural Gas.
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Available Petroleum means all Available Crude Oil and Available Natural Gas; “Capital Costs” has the meaning given in Clause 2.3 of Annex D;
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Examples of Available Petroleum in a sentence

  • All Available Petroleum shall be measured at the applicable Measurement Points and allocated as set forth hereinafter.

  • Roads are closed, doors are locked, and campuses are off-limits to anyone other than authorized personnel.

  • Such maximum ______ percent (__%) of Available Petroleum used for cost recovery by Contractor (“Cost Recovery”) shall be known in general as “Cost Recovery Petroleum” and sometimes as “Cost Recovery Oil” or “Cost Recovery Gas”, as the case may be.

  • Expenses incurred by the Operator to accommodate a Party's separate disposition of Available Petroleum which are not common to all parties shall be charged to and borne by such Party.

  • The amount of the Available Petroleum remaining after the deduction of the Cost Recovery Petroleum used for Cost Recovery purposes, and inclusive, should the case occur, of any Cost Recovery Petroleum not used for Cost Recovery purposes, is hereinafter referred to as “Profit Petroleum”.

  • Sharing The amount of the Available Petroleum remaining after the deduction of the Cost Recovery Petroleum used for Cost Recovery purposes, and inclusive, should the case occur, of any Cost Recovery Petroleum not used for Cost Recovery purposes, is hereinafter referred to as “Profit Petroleum”.

  • After Oil and/or Gas have been discovered in commercial quantities and jointly-owned facilities are available for storage and/or transportation thereof, the Operating Committee shall determine an appropriate lifting procedure in the event any Party wishes to separately dispose of its share of Available Petroleum.

  • Metering clauses Under section 9.2 of the Myanmar PSC, Available Petroleum, Available Crude Oil and Available Natural Gas is to be measured at the Delivery Point.

  • DOI: 10.2172/532498 Full Text Available Petroleum marketing monthly, September 1998, with data for June 1998 Technical Report NONE The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products.


More Definitions of Available Petroleum

Available Petroleum means the amount of Petroleum (less any amount used in Petroleum Operations, flared or injected, and less any Deemed Production to which Albpetrol is entitled under this Agreement) produced, saved and metered from the Project Area at the Measurement Point.
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Available Petroleum means Available Oil and/or Available Gas. „Pridobiveni ugljikovodici” znači Pridobivena nafta i/ili Pridobiveni plin.
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Available Petroleum means all Available Crude Oil and Available Natural Gas; "Capital Costs" has the meaning given in Clause 2.3 of Annex C; "Commercial Production’’ occurs on the first day of the first period of thirty (30) consecutive days during which production is not less than the level of regular production delivered for sale determined by the Ministry as part of the approval of, or amendment to, a Development Plan, averaged over not less than twenty-five (25) days in the period;
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Available Petroleum means that portion of the Petroleum extracted from reservoirs in the Contract Area less Royalty attributable to Madagascar, which is available to the Participants for use in Petroleum Operations, for recovery of costs for the Participants and collection of Profit Petroleum for the Parties.
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Available Petroleum means Available Oil and Available Gas.
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Available Petroleum means all Available Crude Oil and Available Natural Gas; “Calendar Month” means any of one the twelve (12) months of a Calendar Year; “Calendar Year” means a period of twelve (12) months commencing on January 1 and
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Related to Available Petroleum

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Petroleum means the crude oil removed from the earth and the oils derived from tar sands, shale, and coal.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Available resources means funds appropriated for the purpose

  • Petroleum liquids means crude oil, condensate, and any finished or intermediate products manufactured or extracted in a petroleum refinery.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Natural Gas or "Gas" shall mean natural gas, processed, unprocessed, vaporized liquid natural gas, synthetic gas, propane-air mixture or any mixture of these gases.

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account; and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • LNG means liquefied natural gas.

  • High global warming potential hydrofluorocarbons means any hydrofluorocarbons in a particular end use for which EPA’s Significant New Alternatives Policy (SNAP) program has identified other acceptable alternatives that have lower global warming potential. The SNAP list of alternatives is found at 40 CFR part 82, subpart G, with supplemental tables of alternatives available at (http://www.epa.gov/snap/ ).

  • Petroleum refinery means each facility engaged in producing gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, or other products through distillation of petroleum or through redistillation, cracking, extracting, or reforming of unfinished petroleum derivatives.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • chemical tanker means a ship constructed or adapted and used for the carriage in bulk of any liquid product listed in chapter 17 of the International Bulk Chemical Code;

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Chemical Storage Facility means a building, portion of a building, or exterior area adjacent to a building used for the storage of any chemical or chemically reactive products.

  • ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.

  • Diesel means a distillate oil which can be used as fuel for the operation of a compression ignition engine and which has an approximate boiling temperature of between 150 °C to 400 °C;

  • Residual disinfectant concentration means the concentration of disinfectant measured in mg/L in a representative sample of water.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • Compressed natural gas means a mixture of hydrocarbon gases and vapors that consists primarily of methane in gaseous form that has been compressed for use as a fuel to propel a motor vehicle.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Nuclear Fuel means any material which is capable of producing energy by a self-sustaining chain process of nuclear fission.