Total Production definition

Total Production means the Total Production of Natural Gas and the Total Production of Crude Oil.
Total Production means, for any Calendar Quarter, the total production of Crude Oil obtained from the Contract Area, less the quantities used pursuant to Article 11.1 for the requirements of the Petroleum Operations.
Total Production means the total production of Crude Oil or the total production of Natural Gas obtained from an Exploitation Area (or the total production of both Crude Oil and Natural Gas obtained from an Exploitation Area, if both are produced in such area) less (i) the quantities used for the requirements of Petroleum Operations, (ii) any unavoidable losses,

Examples of Total Production in a sentence

  • Total Production category and Feed and Residual Use category collected from Table 4, Produced for Other Uses category and Used for Ethanol category collected from Table 31.

  • See “Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations; Total Production and Reserves” for reconciliation of this non-GAAP measure to GAAP production costs.

  • NYC Resident post-production employees#$ 5-2 Total Production Employees# EmployeesWages/Compa.

  • The liquidity ratio of the Group, represented by a ratio between current assets over current liabilities, was 1.21, reflecting the adequacy of financial resources.

  • Total Production Minutes are the total number of minutes during the production window in the month.


More Definitions of Total Production

Total Production means oil, condensate, NGLs, and natural gas production (in BOEs) of the Company as reported in the Company's Form 10-K for the Performance Period.
Total Production means the aggregate of JXX Production, Enterra Production and JMG Production;
Total Production means the total amount of oil, measured in barrels, and the total amount of gas, measured in M.C.F., of all oil and gas actually produced and sold from a single well that is developed and producing on the tax lien date. For commonly metered wells, "total production" means the total amount of oil, measured in barrels, and the total amount of gas, measured in M.C.F., of all oil and gas actually produced and sold from the commonly metered wells divided by the number of the commonly metered wells.
Total Production means the total production of Crude Oil or the total production of Natural Gas obtained from the whole Delimited Area (or the total production of both Crude Oil and Natural Gas obtained from the whole Delimited Area, if the context so requires) less the quantities used for the requirements of the Petroleum Operations and any unavoidable losses, including permitted flared or re-injected Natural Gas. Wholly-Owned Subsidiary means, as to any Person, any other Person in which such first Person or one (1) or more of its Wholly-Owned Subsidiaries or such first Person and one (1) or more of its Wholly-Owned Subsidiaries owns all of the equity and voting interests (except director’s qualifying shares).
Total Production means the actual reported withdrawals from the Simsboro Aquifer from permitted wells within the District in a calendar year plus the Estimated Simsboro Exempt Well Production for the same calendar year.
Total Production means the total amount of oil, measured in barrels, and the total amount of gas, measured in
Total Production means the Total Production of Natural Gas and the Total Production of Crude Oil. 1.38 TOTAL PRODUCTION OF NATURAL GAS means the total Natural Gas production from the Delimited Region as a whole less the quantities used for the needs of Petroleum Operations, unavoidable losses and, subject to the provisions of article 21.2.3, the quantities of Natural Gas that were burned. 7 1.39 TOTAL PRODUCTION OF CRUDE OIL means the total Crude Oil production obtained from the Delimited Region as a whole less the quantities used for the needs of Petroleum Operations and unavoidable losses. 1.40 DAILY TOTAL PRODUCTION OF NATURAL GAS has the meaning attributed to it in article 21.3. 1.41 DAILY TOTAL PRODUCTION OF CRUDE OIL has the meaning attributed to it in article 16.3. 1.42 ANNUAL WORK PROGRAM means the descriptive itemized document of the Petroleum Operations to be performed during a Calendar Year in the Delimited Region, and if applicable in each Production Perimeter, established in accordance with the provisions of articles 4 and 5. 1.43 BEST INDUSTRY PRACTICE means the good and prudent practices of the petroleum industry including in matters of, but is not limited to, preservation of the environment, of engineering, of well conservation and exploitation principles; of hygiene, of health, and of general safety used in the international petroleum industry under similar circumstances. 1.44. DELIMITED REGION means the area indicated in article 2.7 to which the Government, within the context of this Agreement, grants the Contractor exclusive exploration rights. The areas relinquished by the Contractor in accordance with the provisions of articles 3.5 and 3.6 shall be considered as no longer a part of the Delimited Region which shall then be reduced accordingly. On the other hand, the Production Perimeter(s) and the Appraisal Perimeter(s) shall be an integral part of the Delimited Region during the term of validity of the corresponding exclusive production permit and the exclusive appraisal permit(s). 1.45. AFFILIATED COMPANY means: • a company or any other entity that controls or is controlled, directly or indirectly, by any entity comprising the Contractor; • or a company or any other entity that controls or is controlled, directly or indirectly, by a company or entity that itself directly or indirectly controls any entity comprising the Contractor.