Field Export Point definition

Field Export Point means the point at which petroleum from a Contract Area leaves the Contract Area, or such earlier point at which it is loaded onto or enters a vessel, pipeline, or other means of transportation to be transported from the Contract Area;

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Field Export Point means the point at which Petroleum produced under a Petroleum Contract, having gone through Field level separation, is made ready for sale, further processing or transportation or such other point as designated in an approved Development Plan;

Field Export Point means the point at which Petroleum from the Contract Area leaves the Contract Area, or such earlier point at which it is loaded onto or enters a vessel, pipeline or other means of transportation to be transported from the Contract Area;

Examples of Field Export Point in a sentence

Without prejudice to any obligation or liability of the Contractor as a consequence of a failure of the Contractor to comply with its obligations under the Code and this Agreement (including sub-Article 5.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from the Contractor's Recoverable Costs under sub-Article 6.2.
Petroleum shall be valued f.o.b. (or equivalent) the Field Export Point.
Without prejudice to any obligation or liability of the Contractor as a consequence of a failure of the Contractor to comply with their obligations under this Contract (including Article 7.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from each Contractor's Recoverable Costs under Article 8.1.
Without prejudice to any obligation or liability of the Contractor as a consequence of a failure of the Contractor to comply with their obligations under this Contract (including Section 7.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from each Contractor's Recoverable Costs under Section 8.1.
Petroleum is valued f.o.b (free on board), or equivalent, at the Field Export Point.
Without prejudice to any obligation or liability of the Contractor as a consequence of a failure of the Contractor to comply with its obligations under this Contract, including Article 7.1, Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from each Contractor's Recoverable Costs under Article 8.1.
Without prejudice to any obligation or liability of the Contractor as a consequence of a failure of the Contractor to comply with its obligations under this Agreement (including Section 5.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from the Contractor's Recoverable Costs under Section 6.2.
Without prejudice to any obligation or liability of the Contractors as a consequence of a failure of the Contractors to comply with their obligations under this Agreement (including Section 5.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from each Contractor's Recoverable Costs under Section 6.2.
Without prejudice to any obligation or liability of the Contractors as a consequence of a failure of the Contractors to comply with their obligations under this Agreement (including Section 5.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from each Contractor’s Recoverable Costs under Section 6.2.
Without prejudice to any obligation or liability of the Contractor as a consequence of a failure of the Contractor to comply with their obligations under this Agreement (including Section 5.1), Petroleum which is lost after it is recovered at the well-head, and before it is delivered at the Field Export Point, shall be deducted from each Contractor's Recoverable Costs under Section 6.1.

More Definitions of Field Export Point

Field Export Point means the point at which Petroleum produced pursuant to this Agreement, having gone through field level separation, is made ready for sale, further processing or transportation or such other point as designated in an approved Development Plan;

Field Export Point means the point at which petroleum from a Contract Area

Field Export Point means the point at which Petroleum produced under this Agreement, having gone through field level separation, is made ready for sale, further processing or transportation or such other point as designated in an approved Development Plan;

Field Export Point means the point at which petroleum from a Contract Area leaves the Contract Area, or such earlier point at which it is loaded onto or enters a

Field Export Point means the place where finally processed petroleum extracted from a reservoir within the contract area has reached the metering station at the ultimate landing terminal onshore in Timor Leste from where it may be freely traded as a commodity or when applicable when such petroleum is loaded onto a shop for bulk transportation.