Examples of Measurement Point in a sentence
Measurement As of the Production Start Date of each Development Area or Field, the Consortium Members shall measure, from time to time and on a regular basis, the volume and quality of the Oil and Gas produced at the Measurement Point.
Operator shall install, maintain and operate all facilities necessary for the measurement of Petroleum at each Production Measurement Point.
The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be determined at the Measurement Point.
The SSRG system protective systems are expected to operate as outlined in the Technical Interconnection Requirements section below.5.2 System Voltage The LV distribution Grid typically operates at voltages of 120/240V single phase and 120/208V or 277/480V three phase.
Ownership of the Oil and Gas share to which the Contracted Party and the Contracting Party are entitled under this Agreement shall be originally granted to them at the Measurement Point.