Available Production definition

Available Production means the quantities of Hydrocarbons produced from the Contract Area, less those quantities utilised for the Petroleum Operations, flared or reinjected.
Available Production means the quantity of Petroleum which can be efficiently and economically produced and saved from the producing wellx xxxject to any limitations imposed by government authority or other technical limitations resulting from Operations.
Available Production for each Relevant Period, Petroleum produced and saved during such Relevant Period from all xxxxx situated on, produced from or allocated to the Subject Interests and to which the Grantor is entitled as at the date of this Agreement or such lesser percentage interest share as may be held by the Grantor from time to time after deduction of Petroleum which: (i) may be used in the conduct of operations during such Relevant Period; (ii) is produced from a well pursuant to a non-consent provision in which the Grantor has not elected to participate; or (iii) is required to be delivered during such Relevant Period to the Forward Sale Counterparty pursuant to the Forward Sale Agreement or any other deliveries to persons under the forward sale, prepayment or similar arrangements entered into by the Grantor in accordance with Clause 3.7(a).

Examples of Available Production in a sentence

  • The CONTRACTOR shall for purposes of Article 16 of the Contract and Title XIII of the Petroleum Regulation, prepare a statement containing calculations of the value of the Available Production during each Quarter.

  • Available Production means the amount of lump and fines iron ore product fromIron Hill that is able to be shipped by Mount Gibson havingregard to shipping schedules, mine production, transport logistics, port capacity and adverse movements in operating costs, foreign exchange and commodity prices impacting the financial viability of the Iron Hill mining operations.

  • When the Total Available Production comes from several Exploitation Areas located within the Demarcated Area, the recovery of the Petroleum Costs is made through the levy on the portion of the Net Production from all such Exploitation Areas.

  • Selected Available Production History, José Mercerón Plant, in Thousand Metric Tons WHITE CEMENT IN CUBAThe use of white cement has a long history in Cuba.

  • Note: Powered hang glider with engine inoperative is considered as hang glider.

  • If an Event of Default with respect to the Company specified in clause (6) or (7) of Section 6.01 hereof occurs, all unpaid principal of, premium and Liquidated Damages, if any, and accrued interest on the Securities then outstanding shall ipso facto become and be immediately due and payable without any declaration, notice or other act on the part of the Trustee or any Holder.

  • Table 2.1: Information Requirements for Warping 7 Table 2.2: Pre-treatment Parameters 13 Table 2.3: Example of Dyeing Parameters Variables 15 Table 2.4: Dyeing Parameters 16 Table 2.5: Finishing Parameters 19 Table 3.1: List of Commonly Available Production Plans 23 Table 4.1: Relationship between the Architecture and the Models.

  • Available Production means the Produced and Saved Petroleum from the Discovery Area.

  • Once the Available Production for any calendar quarter has been established, each Party shall:- Indicate the portion of the available production to be lifted, approximate dates and quantities of each lift.- Specify which portion of the Available Production that has not been claimed by the other Party, the Party intends to claim, pursuant to the provisions of section 13.6.

  • Within fifteen (15) days after receipt of notification of Available Production for a given period, each Party in that WIPA shall nominate in writing to Unit Operator the quantity of liquid production equivalent to all or any part of its share of Available Production which it desires to take during such period.


More Definitions of Available Production

Available Production means the amount of Products available from General Moly’s share of production at the Mount Hope Mine after satisfaction of the Existing Obligations.
Available Production means all Unitized Substances produced and saved from the Unit Area except so much thereof as is used in the conduct of operations under the Unit Agreement and this agreement and so much thereof as is delivered in kind to owners of Lease Burdens entitled to delivery thereof in kind.
Available Production means the total quantity of Hydrocarbons produced and saved from all fields in the Lease Area, less the quantities used, reinjected or lost in operations with respect to the Lease or taken as Royalty in kind. Capital Expenditures mean all costs and expenses related to Joint Operations, which are qualifying capital expenditures under the provisions of the PPTA or CITA, including without limitation expenditures of a capital nature including, inter alia both tangible and intangible expenditures incurred for the acquisition, constructions, and erection of Joint Property, the drilling and completion of xxxxx, the acquisition and processing (and reprocessing) of seismic and geological and geophysical studies by third parties.
Available Production for each Relevant Period, Petroleum produced and saved during such Relevant Period from all wxxxx situated on, produced from or allocated to the Subject Interests and to which the Grantor is entitled as at the date of this Agreement or such lesser percentage interest share as may be held by the Grantor from time to time after deduction of Petroleum which: (i) may be used in the conduct of operations during such Relevant Period; or (ii) is produced from a well pursuant to a non-consent provision in which the Grantor has not elected to participate; or (iii) is required to be delivered during such Relevant Period to persons under the forward sale, prepayment or similar arrangements entered into by the Grantor in accordance with Clause 3.7(a).
Available Production means the monthly average daily volume of gas produced from the leases and lease positions owned, hereafter acquired or controlled by operation, by Shipper or a Shipper affiliate in the geographic area described on Exhibit "C" hereto, excluding lease use gas, line loss, and gas used as gathering fuel. Notwithstanding anything to the contrary in this Agreement, Shipper shall have the full and complete right to determine when and to what extent such leases and lease positions will be developed and gas produced therefrom. In the event Shipper elects to reduce the MDQ under this Agreement pursuant to the provisions of the paragraph above, the PRC amount shall equal the result of the following formula: [16,000 - X] Where X = the new MDQ (in Dth/day) under $6,400,000 x ------------ this Agreement, after reduction by Shipper 16,000

Related to Available Production

  • Recyclable Product means the ability of a product and its packaging to be reused, reconditioned for use, or recycled through existing recycling collection programs.

  • House dust mite product means a product whose label, packaging, or accompanying literature states that the product is suitable for use against house dust mites, but does not indicate that the product is suitable for use against ants, cockroaches, or other household crawling arthropods.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Eligible Product means, instead of the definition in FAR 25.003—

  • Eligible Products collectively means certain Dell and Dell EMC hardware, software product(s) and services related to the Dell Technologies Client Solutions Group (“CSG”) and Infrastructure Solutions Group (“ISG”) lines of business in the product categories (each an “Eligible Product Category”). A detailed list of Eligible Products in each eligible Product Category may be found at: https://www.dellemc.com/resources/en-sg/auth/asset/quick-reference-

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

  • State-certified production means a qualified production

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

  • Total tetrahydrocannabinol means the sum of the percentage by weight of tetrahydrocannabinolic acid multiplied by eight hundred seventy-seven thousandths plus the percentage of weight of tetrahydrocannabinol.

  • Environmentally preferable products means a product or service that has a lesser or reduced effect on human health and the environment when compared with competing products or services that serve the same purpose. Such products or services may include, but are not limited to, those which contain recycled content, minimize waste, conserve energy or water, and reduce the amount of toxics either disposed of or consumed.

  • Excluded Products means the items described on the applicable restricted products per country, any other applicable Program Policy, or any other information made available to you by LINIO.

  • Injection Point means the Electric Interconnection Point.

  • Alternative nicotine product means any vaping product, whether or not it includes nicotine, including electronic smoking devices, that can be ingested into the body by chewing, smoking, absorbing, dissolving, inhaling, or by any other means. ‘Alternative nicotine product’ does not include:

  • Milk product or "dairy product" means cottage cheese, dry curd cottage cheese, reduced fat cottage cheese, lowfat cottage cheese, cream, light cream, light whipping cream, heavy cream, heavy whipping cream, whipped cream, whipped light cream, sour cream, acidified sour cream, cultured sour cream, half-and-half, sour half-and-half, acidified sour half-and-half, cultured sour half-and-half, reconstituted or recombined milk and milk products, concentrated milk, concentrated milk products, skim milk, lowfat milk, frozen milk concentrate, flavored milk, eggnog, buttermilk, cultured milk, cultured lowfat milk, cultured skim milk, yogurt, lowfat yogurt, nonfat yogurt, acidified milk, acidified lowfat milk, acidified skim milk, low-sodium milk, low-sodium lowfat milk, low-sodium skim milk, lactose-reduced milk, lactose-reduced lowfat milk, lactose-reduced skim milk, aseptically processed and packaged milk, milk products with added safe and suitable microbial organisms, and any other milk product made by the addition or subtraction of milkfat or addition of safe and suitable optional ingredients for protein, vitamin, or mineral fortification. Unless a product is considered a milk product under this subdivision, milk product does not include dietary products, infant formula, ice cream or other desserts, cheese, or butter. Milk products include the following:

  • Flow has the meaning given to it in the Ticketing and Settlement Agreement;

  • SAP Products means Software, Documentation, SAP Materials, Services, Subscription Services, Cloud Services and Maintenance Services. “SAP SDK” means SAP software development kit that includes tools such as APIs, source code, redistributable files and instructions. “Services” means SAP’s then-current services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Activated reserve components means members of the reserve component of the uniformed services who have received a notice of intent to deploy or mobilize under Title 10 of the United States Code, Title 32 of the United States Code, or state mobilization to active duty.

  • processed products means goods placed under a processing procedure which have undergone processing operations;

  • iron ore concentrates means products (whether in pellet or other form) resulting from secondary processing but does not include metallised agglomerates;

  • Hemp products means all products made from industrial hemp,

  • Vapor product means any:

  • Excess Concentration means the sum of the following amounts, without duplication:

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Proved Developed Producing Reserves means Proved Reserves that are categorized as “Developed Producing Reserves” in the PRMS, “Proved Developed Nonproducing Reserves” means Proved Reserves that are categorized as “Developed Nonproducing Reserves” in the PRMS, and “Proved Undeveloped Reserves” means Proved Reserves that are categorized as “Undeveloped Reserves” in the PRMS.

  • Usable cannabis means the dried leaves and flowers of

  • available techniques means those techniques which have been developed on a scale which allows implementation in the relevant industrial sector, in the economically and technically viable conditions, taking into consideration the cost and advantages, whether or not the techniques are used or produced inside the United Kingdom, as long as they are reasonably accessible to the operator;