Examples of CBM Field in a sentence
When each CBM Field within the Contract Area goes from development into production, or when the Contractor terminates the Contract, an inventory and check of all properties and accounts shall be conducted.
The PMT shall exist for the period of the development of said CBM Field.
Thus, up-to-date eelgrass surveys must be conducted.Therefore, the Commission imposes SPECIAL CONDITION NO.
There is production testing of the deviated wells drilled at the Potteries CBM Field (at Keele Park), and the Doe Green CMB field has installed on- site electricity generation.
The specific organization, staffing and working system of PMT and responsibilities and competence of various positions, including those of CUCBM's personnel assigned to PMT, shall be determined by the Parties through consultation prior to the approval of the Overall Development Program for the said CBM Field.
In the event that CUCBM, at its option, decides not to participate in the development of a CBM Field or decides to participate in the development of such CBM Field to an extent of less than thirty percent (30%) of the participating interest, CUCBM shall notify the Contractor in writing of its decision of non-participation or a specific lesser percentage of the participating interests before the Pilot Development report is reviewed by JMC pursuant to Article 11.3 hereof.
If CUCBM, or its successor CNPC, elects to participate at a level less than a net undivided thirty percent (30%) Participating Interest, or not to participate in the development of a CBM Field at all, Farmor’s ORRI shall remain at two percent (2%) of Farmee’s Participating Interest share in the Contract.
When the first budget is prepared for the Calendar Year of Commencement of Commercial Production from each CBM Field, the overhead rates for production period and its related calculation method shall be agreed upon through discussions between the Parties.
In such case, if CUCBM does not participate in the development of such CBM Field, the development costs therein shall be borne solely by the Contractor, or in case CUCBM participates in the development of such CBM Field to an extent of less than thirty percent (30%) of the participating interests, such development costs shall be borne by the Parties in proportion to their actual respective participating interests.
The costs of CBM, Liquid Hydrocarbons and CBM Products produced and used in the same CBM Field (provided that the Parties have the same participating interest in such Fields) within the Contract Area by the Operator for the performance of the Development Operations and the Production Operations or for well stimulation or for maintaining the reservoir pressure shall not be charged.