Production Measurement Point definition

Production Measurement Point means the point(s), immediately upstream of a Transfer Point, where Net Crude Oil Production, Net Dry Gas Production or Net NGL Production is measured.
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Production Measurement Point or “PMP” means the point, immediately upstream of the Transfer Point within or close to the Contract Area, where the volume and quality of Net Production is measured.
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Production Measurement Point means the point, immediately upstream of a Transfer Point, where Petroleum production is measured.
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Examples of Production Measurement Point in a sentence

  • Operator shall install, maintain and operate all facilities necessary for the measurement of Petroleum at each Production Measurement Point.

  • The Concessionaire shall have the ownership only of the Oil and Gas that are effectively produced and granted thereto at the Production Measurement Point, through original acquisition and according to this Agreement.

  • As of the Production start date of the Field, the Concessionaire shall measure, from time to time, on a regular basis, the volume and quality of the Oil and/or Gas produced at the Production Measurement Point.

  • Production Availability Ownership of the volumes of Oil and Gas measured pursuant to paragraph 12.1 shall be granted to the Concessionaire at the Production Measurement Point.

  • Ownership of the volumes of Oil and Gas measured pursuant to the paragraph 11.24 shall be granted to the Concessionaire at the Production Measurement Point.

  • Operator shall install, maintain and operate all facilities necessary for the measurement of Crude Oil at each Production Measurement Point.

  • Ownership of the volumes of Oil and Gas measured pursuant to the preceding paragraph shall be granted to the Concessionaire at the Production Measurement Point.

  • As of the Production Start Date of each Development Area or Field, the Concessionaire shall measure, from time to time, on a regular basis, the volume and quality of the Oil and/or Gas produced at the Production Measurement Point.

  • SECTION TWELVE – MEASUREMENT, MONTHLY REPORTS, AND PRODUCTION AVAILABILITY Measurement As of the Production Start Date of each Development Area or Field, the Concessionaire shall measure, from time to time, on a regular basis, the volume and quality of the Oil and Gas produced at the Production Measurement Point.

  • As of the Field Production Start Date, the Concessionaire shall, periodically and regularly, measure the volume and quality of Oil and Natural Gas produced at the Production Measurement Point.


More Definitions of Production Measurement Point

Production Measurement Point or “PMP” means the point, immediately upstream the Transfer Point, where the volume and quality of Net Production is measured.
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Related to Production Measurement Point

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Instantaneous flow measurement means the flow measured during the minimum time required for the flow-measuring device or method to produce a result in that instance. To the extent practical, instantaneous flow measurements coincide with the collection of any grab samples required for the same sampling period so that together the samples and flow are representative of the discharge during that sampling period.

  • Attachment point means a point on the network at which network assets are connected to assets owned by another person.

  • Outputs means the goods or services that are produced by an entity or other person;

  • COVID-19 Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure or sequester order, guideline, recommendation or Law, or any other applicable Laws, guidelines or recommendations by any Governmental Entity in connection with or in response to COVID-19.

  • Exit Point means a border control post or any other place designated by a Member State where animals, falling within the scope of Regulation (EC) No 1/2005, leave the customs territory of the Union;

  • Flash point means the lowest temperature of a liquid at which its vapours form a flammable mixture with air;

  • Demarcation Point means the point where Qwest owned or controlled facilities cease, and CLEC, End User Customer, premises owner or landlord ownership or control of facilities begin. "Designed, Verified and Assigned Date" or "DVA" means the date on which implementation groups are to report that all documents and materials have been received and are complete.

  • Metering Point means, for meters that do not use instrument transformers, the point at which the billing meter is connected. For meters that use instrument transformers, the point at which the instrument transformers are connected.

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Baseline area means any intra- state area (and every part thereof) des- ignated as attainment or unclassifiable under section 107(d)(1)(A)(ii) or (iii) of the Act in which the major source or major modification establishing the minor source baseline date would con- struct or would have an air quality im- pact for the pollutant for which the baseline date is established, as follows: equal to or greater than 1 μg/m3 (an- nual average) for SO2, NO2, or PM10; or equal or greater than 0.3 μg/m3 (annual average) for PM2.5.(ii) Area redesignations under section 107(d)(1)(A)(ii) or (iii) of the Act cannot intersect or be smaller than the area of impact of any major stationary source or major modification which:

  • Inter-connection Point means interface point of renewable energy generating facility with the transmission system or distribution system, as the case may be:

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Calibration gas means a gas mixture used to calibrate gas analysers.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Reference evapotranspiration or “ETo” means a standard measurement of environmental parameters which affect the water use of plants. ETo is given expressed in inches per day, month, or year as represented in Appendix C of these Guidelines, and is an estimate of the evapotranspiration of a large field of four to seven-inch tall, cool-season grass that is well watered. Reference evapotranspiration is used as the basis of determining the Maximum Applied Water Allowances.