Capital Efficiency definition

Capital Efficiency means the continual improvement in the production output of a piece of capital equipment per unit of time, typically per day or per week, including without limitation, increasing the speed of the equipment, reducing test time, improving machine availability time, increasing the machine utilization rate (measured on a 7X24 basis), reducing the machine load and unload time, reducing the number of tasks performed by the equipment, reducing change-over time, improving the process yield, and implementation and utilization of all engineering efficiencies.
Capital Efficiency means the development cost divided by the production added over a defined period of time. "FD&A costs" are calculated as the sum of development costs plus net acquisition costs plus the change in FDC for the period when appropriate, divided by the change in reserves within the applicable reserves category, inclusive of changes due to acquisitions and dispositions. "Recycle ratio" is calculated by dividing an unaudited operating netback for 2021 of $29.68/boe by F&D costs per boe or FD&A costs per boe for the year.
Capital Efficiency means the ratio of capital expenditures to production additions

Examples of Capital Efficiency in a sentence

  • The Capital Efficiency Ratio of the Company and each Peer Company is to be calculated as soon as practicable following the Performance Period.

  • Once calculated for the Company and for each Peer Company, the exact Capital Efficiency Ratio, expressed as a percentage, for each such company shall be listed in Column 3 of the table below in descending order of their respective Capital Efficiency Ratio from the highest percentage to the lowest percentage.

  • Working Capital Efficiency (“WCE”) is the 13-month rolling average of net working capital (accounts receivable and inventory less accounts payable) divided by 12-month cumulative net sales.

  • Metric: 2016 2017 2018 Production Production, Exploration and G&A Expense per Boe Adjusted Cash Flow from Operations per Share Debt to Adjusted EBITDAX Capital Efficiency NA Liquidity NA NA Bonus as a % of Target 165% 120 - 130% 115% 1) Based on PDC’s public filings and proxy statements.

  • If the Performance Period terminates, the Supply Segment Revenues, the DG&C Efficiency Amount and the Capital Efficiency shall be calculated for the number of reported calendar quarters in the Performance Period.

  • The Improvement in RDCD shall be measured by the Capital Efficiency during the period January 1, 2009 through December 31, 2010 (the “Two-Year Period”).

  • The Improvement in PDCU shall be measured by the Capital Efficiency of each Performance Period.

  • The Efficiency Payout Factor shall be determined from Exhibit B based upon the DG&C Efficiency Amount and the Capital Efficiency calculated in accordance with this Program.

  • Additionally, the company has 57 horizontal permits in process and will focus on NEU horizontal wells in 2019 due to their strong productivity.Eagle Ford: Significant Oil Growth and Progress on Capital Efficiency InitiativesThe company produced 35.8 MBoe/d, including 25.6 MBbls/d of oil in the third quarter of 2018, a nine percent and 28% increase from the third quarter of 2017, respectively.

  • SUPPLIER agrees to aggressively work with BUYER to develop strategies which will lead to ongoing reductions in costs, Leadtimes and cycle times, yields and improvements in Capital Efficiency.


More Definitions of Capital Efficiency

Capital Efficiency means total capital invested in 2013 divided by production added during 2013, where production added is all new production from all capital streams (development, enhanced oil recovery and optimization) at year-end with adjustment for timing effects relative to budget as appropriate.
Capital Efficiency means total capital invested in 2013 divided by production added during 2013, where production added is all new production from all capital streams (development, enhanced oil recovery and optimization) at year-end with adjustment for timing effects relative to budget as appropriate. This term is a non-GAAP measure. See “Non-GAAP Measures Advisory” in Appendix C.

Related to Capital Efficiency

  • Thermal efficiency means the useful electric energy output of a

  • Efficiency means the gas turbine manufacturer's rated heat rate at peak load in terms of heat input per unit of power output based on the lower heating value of the fuel.

  • Capture efficiency means the weight per unit time of VOC entering a capture system and delivered to a control device divided by the weight per unit time of total VOC generated by a source of VOC, expressed as a percentage.

  • Overall control efficiency means the efficiency of a control system, calculated as the product of the capture and control device efficiencies, expressed as a percentage.

  • Energy efficiency means the ratio of output of performance, service, goods or energy, to input of energy;

  • Transfer efficiency means the ratio of the amount of coating solids adhering to the object being coated to the total amount of coating solids used in the application process, expressed as a percentage.

  • Irrigation efficiency (IE) means the measurement of the amount of water beneficially used divided by the amount of water applied. Irrigation efficiency is derived from measurements and estimates of irrigation system characteristics and management practices. The irrigation efficiency for purposes of this ordinance are 0.75 for overhead spray devices and 0.81 for drip systems.

  • high-efficiency cogeneration means cogeneration meeting the criteria laid down in Annex II;

  • Productivity as defined in ORS 427.005 means:

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff. Operating Margin Customer:

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following:

  • Energy efficiency project means an energy efficiency measure or combination of measures undertaken in accordance with a standard offer or market transformation program.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Cannabis establishment means a cannabis cultivator, a cannabis manufacturer, a cannabis wholesaler, or a cannabis retailer.

  • Adjusted Capital and Reserves means the aggregate of:

  • Growth means the rating a school will receive based on longitudinally matched student data comparing current performance to the previous year’s for the purpose of determining student academic growth.

  • Return on Invested Capital for a period shall mean earnings before interest, taxes, depreciation and amortization divided by the difference of total assets less non-interest bearing current liabilities.

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Improve means to build, alter, repair, or demolish an improvement upon, connected with, or beneath the surface of any real property, to excavate, clear, grade, fill, or landscape any real property, to construct driveways and roadways, or to perform labor upon improvements.

  • Return on Assets means the percentage equal to the Company’s or a business unit’s Operating Income before incentive compensation, divided by average net Company or business unit, as applicable, assets, determined in accordance with generally accepted accounting principles.

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Industrial establishment means any-