Production Statement definition

Production Statement has the meaning given in Clause 5.1 of Annex C;
Production Statement has the meaning given in Clause 5.1 of Annex C; "Profit Crude Oil" has the meaning given in Article 9.1(c);
Production Statement shall have the meaning given such term in Section 4.1(a).

Examples of Production Statement in a sentence

  • The Production Statement for each month shall be submitted to the Ministry no later than ten (10) days after the end of such month.

  • The Statement will contain information as provided in the Production Statement, Value of Production and Pricing Statement, Cost Recovery Statement and Statement of Expenditure and Receipts, but will be based on actual quantities of Petroleum produced and costs incurred.

  • The Statement shall contain aggregated information in the same format as required in the Production Statement, Value of Production and Pricing Statement, Statement of Costs, Expenditures and Receipts, Cost Recovery Statement and Profit Sharing Statement, but shall be based on actual quantities of Petroleum produced, income received and costs and expenditures incurred.

  • The Production Statement for each month shall be submitted to the Designated Authority no later than ten (10) days after the end of such month.

  • The Statement shall contain aggregatedinformation in the same format as required in the Production Statement, Value of Production and PricingStatement, Statement of income, but shall be based on actual quantities of Petroleum produced and income accrued.

  • Purpose of the proposal: to change the method of recording Production Statement from “transcribe” to “record” to provide more effective guidance for unpublished resources.

  • No Production Statement delivered to Grantee shall contain any information regarding the production from the Subject Lands or reserves that has not been publicly disclosed by Grantor or any other material non- public information.

  • At the end of each month, Equitrans is to furnish DFS a Production Statement showing, for the entire month, the amount of gas credited to DFS from each meter.

  • The statement shall contain aggregated information in the same format as required in the Production Statement, Value of Production and Pricing Statement, Statement of Costs, Expenditures and Receipts and Royalty and Production Level Payments Statements but shall be based on actual quantities of CBM produced, income received and costs and expenditures incurred.

  • Purpose of the paper: to suggest that the prescribed source of information for the Production Statement should be “any source” and that the instruction should be to “record” rather than “transcribe” the information.


More Definitions of Production Statement

Production Statement has the meaning set out in Section 1.4 of this Annex 3.

Related to Production Statement