Dedicated Production definition

Dedicated Production means (a) Product owned by Producer and produced from the Dedicated Properties, (b) Product owned by an Affiliate of Producer and produced from a Well operated by Producer within the Dedication Area, (c) Product produced within the Dedication Area that is owned by a Third Party and under the Control of Producer, and (d) Purchased Dedicated Production. Notwithstanding the foregoing, (i) any Product that was released pursuant to the Releases of Dedication shall not be included in this definition of “Dedicated Production,” (ii) any Product that is permanently released pursuant to Section 2.4(a) or otherwise shall cease to be included in this definition of “Dedicated Production” immediately upon the effectiveness of such permanent release, and (iii) in the event of an assignment by a Producer (“X”) to an assignee (“Y”) that is permitted under Article 16, any Product that is so assigned shall cease to be included in X’s Dedicated Production and shall solely be included in Y’s Dedicated Production as of the effective date of such assignment.
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Dedicated Production means, all Gas, now or hereinafter, owned, controlled or produced by Shipper from Dedicated W▇▇▇▇ and/or W▇▇▇▇ within the Dedicated Area, with the exception of Gas required for: (1) operations on the lease; (2) pressure maintenance; and (3) to fulfill obligations to Shipper’s Lessor.
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Dedicated Production has the meaning given such term in Section 4.1(b).
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Examples of Dedicated Production in a sentence

  • Should any such temporary release from dedication expire, then, upon such expiration, the then-applicable MVC shall be proportionately increased by the portion of the applicable Dedicated Production Estimate that is no longer released from dedication hereunder.

  • At the request of Producer, the Parties shall execute a release agreement reasonably acceptable to all Parties (which, in the case of a permanent release, shall be in recordable form) reflecting any release of Dedicated Production or Dedicated Properties pursuant to this Section 2.4.

  • If Producer rejects the amount of the proposed increase, then Midstream Co shall release the ▇▇▇▇▇, Separator Facilities, Receipt Points, Spacing Units, and Dedicated Production that would have been affected by such increase in accordance with Section 2.4(a)(viii).

  • Upon the exercise of a Trucking Election, Midstream Co shall cause an Approved SWD Vendor to accept delivery of, take title to, store, handle and dispose of Dedicated Production that is delivered by truck to a SWD Trucking Facility.

  • Producer shall be entitled to a release of the applicable Planned ▇▇▇▇▇, Planned Separator Facilities and Dedicated Production pursuant to Section 2.4(a)(ix) immediately upon Midstream Co’s delivery of a System Plan (marked as “Final”) indicating that a requested expansion would be uneconomical pursuant Section 13.2(d).


More Definitions of Dedicated Production

Dedicated Production has the meaning set forth in Section 3.1.
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Dedicated Production means, collectively, the Joint Dedicated Production and the Sole Dedicated Production.
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Dedicated Production has the meaning given such term in Section 4.1(b). TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).
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Dedicated Production means, collectively, the Priority One Dedicated Production and the Priority Two Dedicated Production.
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Dedicated Production has the meaning given to it in Section 2.1.
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Dedicated Production means all volumes of Product (i) owned and Controlled or Controlled by Producer or any of its Affiliates, (ii) produced from ▇▇▇▇▇ operated by Producer or any of its Affiliates and located in the Dedicated Area (or located outside the Dedicated Area but having the bottom of the wellbore located in the Dedicated Area by way of directional or slant drilling) and connected to, and gathered by the operator or owner of the ▇▇▇▇▇ Ranch CGF at, the ▇▇▇▇▇ Ranch CGF and (iii) which are not subject to a Conflicting Dedication, provided that “Dedicated Production” does not include any volume of Product produced as a result of an Interest owned as of the Effective Date by an Affiliate of Producer that is a member of the Chevron Group and does not include any volume of Product that is delivered to Producer’s or any of its Affiliates’ lessors or holders of other burdens on production in the form of royalties or otherwise to the extent required to satisfy the terms of oil and gas leases, operating agreements and other applicable instruments.
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Dedicated Production means, collectively, the Dedicated Gas and the Dedicated Liquid Condensate.
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