Producing Properties definition

Producing Properties means, with respect to ARCO Alaska, UTA and ARCO Beluga, all oil and gas leasehold interests constituting part of the Properties of such Company and all property (whether real, personal or mixed) relating to, situated upon, used or held for use by such Company in connection with the ownership, operation, maintenance or repair of such leasehold interests.
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Producing Properties means, collectively, all of Seller’s interest in the oil and gas leases, ▇▇▇▇▇, and units on the lands described on Exhibit A-1(i), limited to the wellbore only of the ▇▇▇▇▇ described on Exhibit A-1(i) (including, for the avoidance of doubt, the ▇▇▇▇▇ #1 SWD Well) together with all associated equipment located thereon or used in connection therewith, including the equipment described on Exhibit A-1(ii), and all other properties, rights and interests owned, legally or beneficially, by Seller as of the Effective Date which are associated with the ▇▇▇▇▇ described on Exhibit A-1(i); but excluding the Excluded Assets.
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Producing Properties means those Subject Interests which are identified and set forth in Part One of Exhibit "A" hereto.
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Examples of Producing Properties in a sentence

  • Park▇▇ & ▇arsley Producing Properties 88-A, L.P. ▇▇▇▇▇▇ & ▇ars▇▇▇ ▇▇-B, Ltd.

  • Effective December 31, 1998 for Disclosure to the Securities and Exchange Commission Summary Report Utilizing Aries Software Williamson Project 8.8643" "Evaluation of Oil and Gas Reserves to the Interests of the Limited Partners in Parker & Parsley Producing Properties 88-A, L.P. Managed by Pioneer Natural Resources USA, Inc.

  • Texas Park▇▇ & ▇arsley Producing Properties 88-A, L.P. Delaware The primary objective of the income partnerships was to acquire long-lived, producing oil and gas properties in the Permian Basin of West Texas.

  • Effective December 31, 1998 for Disclosure to the Securities and Exchange Commission Summary Report Utilizing Aries Software Williamson Project 8.8643" "Evaluation of Oil and Gas Reserves to the Interests of the Limited Partners in Parker & Parsley Producing Properties 87-A, Ltd.

  • Effective December 31, 1998 for Disclosure to the Securities and Exchange Commission Summary Report Utilizing Aries Software Williamson Project 8.8643" "Evaluation of Oil and Gas Reserves to the Interests of the Limited Partners in Parker & Parsley Producing Properties 87-B, Ltd.

  • The income partnerships consist of the following three publicly-held limited partnerships that were formed in 1987 and 1988: NAME STATE OF FORMATION ---- ------------------ Park▇▇ & ▇arsley Producing Properties 87-A, Ltd.

  • Parker & Parsley 88-A, L.P. Parker & Parsley Producing Properties 88-A, L.P. Parker & Parsley 88-B, L.P. Parker & Parsley 89-A, L.P. Parker & Parsley 90-A, L.P. Parker & Parsley 90-B Conv., L.P. Parker & Parsley 90-B, L.P. Parker & Parsley 90-C Conv., L.P. Parker & Parsley 90-C, L.P. Parker & Parsley 91-A, L.P. Parker & Parsley 91-B, L.P. APPENDIX D THE MERGER PROPOSALS The merger proposals for all of the partnerships, except as otherwise indicated, are set forth below.

  • The Borrower shall have the right, once during each calendar year, to initiate an Interim Redetermination in addition to the one otherwise provided in this Section 2.07(b) upon the proposed acquisition of Proved Developed Producing Properties whose purchase price is greater than 10% of the Borrowing Base, provided such Interim Redetermination is in accordance with this Section 2.07.

  • Future gross revenues expected to be derived from the production and sale of the Proved Reserves attributable to the Production Partnership's Producing Properties shall be estimated using either (i) escalations of future sales prices of Hydrocarbons supplied by the General Partner (the "Escalated Case") or (ii) sales prices of Hydrocarbons provided by Regulation S-X adopted by the Securities and Exchange Commission (the "SEC Case"), as the General Partner may determine in its sole discretion.

  • Amounts which otherwise would constitute cash available for distribution and which consist of proceeds from the sale of Producing Properties may be used or committed to acquire additional Producing Properties at any time within 36 months of the Activation of the Partnership.


More Definitions of Producing Properties

Producing Properties means and includes all of Sellers’ rights, title and interest in oil, gas and hydrocarbons Properties in Texas (other than the Texas Non Producing Properties) (including rights, title to and interests in agreements or contracts granting the right or option to explore for and produce oil, natural gas, coalbed methane gas or other hydrocarbons, as applicable, including producing ▇▇▇▇▇, leasehold interests, fee mineral interests and operating rights), all production of oil, natural gas, coalbed methane gas or other hydrocarbons, all proceeds and revenues from the production and sale of oil, natural gas, coalbed methane gas, or other hydrocarbons, ▇▇▇▇▇ on the Properties (whether producing, operating, shut in or temporarily abandoned), severed substances, surface rights, equipment (including fixtures and physical facilities located on the Properties) data (to the extent assignable), contracts and permits. “Producing Properties” further includes all of Sellers’ rights, title to, interests in and obligations under agreements or contracts granting the right or option to explore for and produce oil, natural gas, coalbed methane gas, or other hydrocarbons, as applicable, on those Producing Properties, including leasehold interests, fee mineral interests, operating rights, surface rights, equipment (including fixtures and physical facilities located on the Properties) data, contracts and permits.
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Producing Properties means and includes all of Sellers’ rights, title and interest in oil, natural gas, coalbed methane gas and hydrocarbon Properties in Wyoming and Montana (other than the Wyoming and Montana Non Producing Properties) (including rights, title to and interests in agreements or contracts granting the right or option to explore for and produce oil, natural gas, coalbed methane gas or other hydrocarbons, as applicable, including producing ▇▇▇▇▇, leasehold interests, fee mineral interests and operating rights), all production of oil, natural gas, coalbed methane gas or other hydrocarbons, all proceeds and revenues from the production and sale of oil, natural gas, coalbed methane gas or other hydrocarbons, ▇▇▇▇▇ on the Properties (whether producing, operating, shut in or temporarily abandoned), severed substances, surface rights, equipment (including fixtures and physical facilities located on the Properties) data (to the extent assignable), contracts and permits. “Producing Properties” further includes all of Sellers’ rights, title to, interests in and obligations under agreements or contracts granting the right or option to explore for and produce oil, coalbed methane gas, natural gas or other hydrocarbons, as applicable, on those Producing Properties, including leasehold interests, fee mineral interests, operating rights, surface rights, equipment (including fixtures and physical facilities) located on the Properties, data, contracts and permits.
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Producing Properties means all of the right title and interest of the Sellers and Operator in and to the Producing Leases, Easements, Equipment, Contracts and Records.
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Producing Properties means Developed Leases to the extent included as shown on Producing Properties.
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Related to Producing Properties

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil ▇▇▇▇▇, gas ▇▇▇▇▇, injection ▇▇▇▇▇ or other ▇▇▇▇▇, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.