Geothermal Fluids definition
Examples of Geothermal Fluids in a sentence
The Operator shall construct and operate meters generally as described in the Veizades Study in order to measure Geothermal Fluids exchanged through the Transfer Facilities.
Geothermal Fluids shall be deemed transferred at the single phase metering points upstream of the point of mixing with fluids from other Projects ("Transfer Points").
Any value added by the transfer and exchange of Geothermal Fluids shall be shared equally between the Originating and the Receiving Projects.
Transfers of Geothermal Fluids shall be made pursuant to the Procedure.
Subject to any required consents by the BLM or Navy, the Partnerships hereby authorize the Operator to transfer and exchange Geothermal Fluids between the Projects in order to enhance the resource management and operations of the Projects and to increase the value received by the Originating Project(s) for the exchanged Geothermal Fluids.
The initial term of this Exchange Agreement shall commence as of the date first set forth above and continue until the date five years from the date Geothermal Fluids are first exchanged pursuant to this Exchange Agreement, and shall automatically renew for additional successive terms of one year unless any Party delivers written notice of termination to the other Parties at least 90 (but not more than 120) days before end of the then-current term.
Geothermal Fluids delivered from an Originating Project to an Intermediate Project at one Transfer Point shall be deemed equivalent (after application of such adjustment factors) to an equal mass of the same type of Geothermal Fluids delivered from the Intermediate Project to a Receiving Project or to the Originating Project at another Transfer Point.