Lease Use Hydrocarbons definition

Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by Assignee in conformity with good oil field practices on the Leases or any unit to which the Leases are committed, or off lease or off unit, for drilling, and production operations, including off lease compression operations, conducted prudently and in good faith for the purpose of producing Hydrocarbons from the Leases or from any unit to which the Leases are committed, but only for so long as such Hydrocarbons are so used.
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Lease Use Hydrocarbons means any Hydrocarbons that are unavoidably lost in the production thereof or that are used by Working Interest Owner or the operator of the Subject Interests or any unit in which the Subject Interests are pooled or unitized in compliance herewith for drilling and production operations conducted prudently and in good faith for the purpose of producing Hydrocarbons from the Subject Interests or from such unit, but only for so long as and to the extent such Hydrocarbons are so used.
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Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by WI Owner or the operator of any Lease or unit into which such Lease is pooled or unitized for drilling and production operations conducted prudently and in good faith for the purpose of producing Hydrocarbons from or allocable to such Lease (including, without limitation, Enhanced Recovery Operations), but only for so long as and to the extent such Hydrocarbons are so used.
Sample 1

Examples of Lease Use Hydrocarbons in a sentence

  • The Seller will not use more than five percent (5%) of the aggregate production of Hydrocarbons from the Subject Interests as Lease Use Hydrocarbons.

  • There shall not be included in the Production Payment Hydrocarbons any Lease Use Hydrocarbons or Non-Consent Hydrocarbons.


More Definitions of Lease Use Hydrocarbons

Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by Assignor or the Operator on the Leases or any Unit in which the Leases are pooled or unitized for drilling and production (including, without limitation, use for secondary recovery) operations conducted in the manner of a reasonably prudent operator and in good faith for the purpose of producing Hydrocarbons from the Leases or from such Unit, but only for so long as and to the extent such Hydrocarbons are so used.
Sample 1
Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by Grantor (or the operator of any of the Leases or any Unit into which any of the Leases or any portion thereof is pooled or unitized for drilling and production) in operations conducted prudently and in good faith for the purpose of producing Hydrocarbons from the Lease or from such Unit, but only for so long as and to the extent such Hydrocarbons are so used.
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Related to Lease Use Hydrocarbons

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

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

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Petroleum Substances means petroleum, natural gas, natural gas liquids, related hydrocarbons and any and all other substances, whether liquid, solid or gaseous, whether hydrocarbons or not, produced or producible in association with any of the foregoing.

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Storage area means any location, facility, or vehicle which is used to store, to transport, or to secure a radiographic exposure device, a storage container, or a sealed source when it is not in use and which is locked or has a physical barrier to prevent accidental exposure, tampering with, or unauthorized removal of the device, container, or source.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • Underground area means an underground room, such as a basement, cellar, shaft or vault, providing enough space for physical inspection of the exterior of the tank situated on or above the surface of the floor.

  • Operating pressure means the pressure at which the parts of an irrigation system are designed by the manufacturer to operate.

  • Drainage area means a geographic area within which stormwater, sediments, or dissolved materials drain to a particular receiving waterbody or to a particular point along a receiving waterbody.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Pipeline System means each system of Pipeline Assets, Real Property and Easements relating thereto making up an integrated gathering system and gathering system, or other pipeline system.

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.

  • Transportation project means any project that the department is authorized by law to undertake including but not limited to a highway, tollway, bridge, mass transit, intelligent transportation system, traffic management, traveler information services, or any other project for transportation purposes.

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • mining areas means the areas delineated and coloured red on the Plan marked “A” initialled by or on behalf of the parties hereto for the purposes of identification;

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • CO2 means carbon dioxide.

  • plant products means products of plant origin, unprocessed or having undergone simple preparation in so far as these are not plants, set out in Annex IV-A, Part 3 to this Agreement;