DISCOVERY, DEVELOPMENT AND PRODUCTION Sample Clauses

DISCOVERY, DEVELOPMENT AND PRODUCTION. 10.1 If and when a Discovery is made within the Contract Area, the Contractor shall:
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DISCOVERY, DEVELOPMENT AND PRODUCTION. 10.1 If and when a Discovery is made within the Contract Area, the Contractor shall notify the Government as per the format prescribed within seven (7) days from the establishment of the Discovery (“Notification of Discovery” or “NOD”) and the Contractor shall promptly run tests, as it may be required under Good International Petroleum Industry Practices (GIPIP) in respect of such Discovery, to determine whether the Discovery is of Potential Commercial Interest (PCI) and merits appraisal. After running the appropriate tests, the Contractor shall submit the information in relation to such Discovery as per format prescribed within one hundred and twenty (120) days from the initial NOD to the Government. Such information relating to Potential Commercial Interest is hereinafter referred to as “PCI Notice”.
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DISCOVERY, DEVELOPMENT AND PRODUCTION. 10.1 If and when a Discovery is made within the Contract Area, the Contractor shall notify the Management Committee of the sameas per the prescribed formatwithin seven (7) days from the establishment of the Discovery. The Contractor shall promptly run tests after completion of drilling, as it may determine to be required under Modern Oil Field and Petroleum Industry Practices in respect of such Discovery, to determine whether the Discovery is of potential commercial interest and submit the informationin relation to the particulars of such Discoveryin writing as per the prescribed format within one hundred and eighty(180) days fromthe initial notification of the Discovery to the Management Committee. The Contractor’s information about the Discovery submitted under this Article 10.1 shall also specify whether such a Discovery falls under HPHT or Tight Reservoir conditions,which inter- aliashall contain data obtained from such tests, its analysis and interpretation thereof and also specify if it merits appraisal. For development of CBM, Article 10.9 shall apply.
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DISCOVERY, DEVELOPMENT AND PRODUCTION. 7.1 Where, pursuant to Section 17 of the Act, notice has been given to the Government of a Discovery in the Contract Area, Licensee shall forthwith inform the Government of the steps it proposes to take to satisfy the requirements of Section 17(1)(a)(iii) of the Act.
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DISCOVERY, DEVELOPMENT AND PRODUCTION. 10.1 If and when a Discovery is made within the Contract Area, the Contractor shall notify the Management Committee of the same as per the prescribed format within seven (7) days from the establishment of the Discovery (“Notification of Discovery” or “NOD”). The Contractor shall promptly run tests after completion of drilling, as it may determine to be required under Good International Petroleum Industry Practices (GIPIP) in respect of such Discovery, to determine whether the Discovery is of potential commercial interest and merits Appraisal, and further submits the information in relation to the particulars of such Discovery in writing as per the prescribed format within one hundred and eighty (180) days from the initial NOD to the Management Committee (such information relating to potential commercial interest is hereinafter referred to as “PCI Notice”). The Contractor shall conduct a drill stem or production test, in open hole or through perforated casing, with regard to any Exploration Well, it shall notify the Government of the time of such test at least forty eight (48) hours prior to the proposed test, and the Government shall have the right to have a representative present during such test.
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DISCOVERY, DEVELOPMENT AND PRODUCTION. 8.1 If and when a Discovery is made within the Contract Area, the Contractor shall notify the Government as per the format prescribed by the Government within seven (7) days from the establishment of the Discovery (“Notification of Discovery” or “NOD”) and the Contractor shall promptly run tests, as it may be required under Good International Petroleum Industry Practices (GIPIP) in respect of such Discovery, to determine whether the Discovery is of Potential Commercial Interest (PCI) and merits appraisal. The Contractor shall submit the information relating to Potential commercial Interest (hereinafter referred as “PCI Notice”) for such Discovery to the Government within one hundred and twenty (120) days from the NOD in the format prescribed by the Government from time to time. The Contractor has the option to submit an expression of its intent to submit individual Discovery Development Plan or Integrated Field Development Plan along with the PCI Notice and submit the Field Development Plan (FDP) within eighteen (18) Months thereof.
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DISCOVERY, DEVELOPMENT AND PRODUCTION 
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Related to DISCOVERY, DEVELOPMENT AND PRODUCTION

  • Development 3.3 Within twenty (20) Working Days after the Commencement Date and in accordance with paragraphs 3.10 to 3.12 (Amendment and Revision), the Contractor will prepare and deliver to the Authority for approval the full and final Security Plan which will be based on the draft Security Plan set out in Appendix B.

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • Development Records Each Party shall maintain complete, current and accurate records of all Development activities conducted by it hereunder, and all data and other information resulting from such activities. Such records shall fully and properly reflect all work done and results achieved in the performance of the Development activities in good scientific manner [*]. Each Party shall document all non-clinical studies and clinical trials in formal written study reports according to applicable Laws and national and international guidelines (e.g., ICH, GCP, GLP, and GMP). Each Party shall have the right to review and copy such records maintained by the other Party at reasonable times and to obtain access to the original [*].

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