Gross Production means the total amount of Petroleum produced and saved from a Development and Production Area during Production Operations which is not used by Contractor in Petroleum Operations and is available for distribution to the Parties in accordance with Article 10;
Gross Production means all gas and fluids brought from underground up to and through the well head, and includes: (i) all hydrocarbons produced in liquid form as oil or condensate at the well head and also all condensate, distillate, and any other liquid hydrocarbons recovered from oil, condensate, or gas run through a separator or other equipment; (ii) all hydrocarbons and gaseous substances not in liquid form produced from any well; and (iii) natural gasoline or liquid hydrocarbons, carbon dioxide, carbon black, sulfur or any other products produced or manufactured from any gas or liquid. The gross production volumes of oil, condensate, and gas includes all sales, custody transfer dispositions, and/or stored volumes and all non-sales disposition volumes, including but not limited to, lease use, fuel, vent, flare, spills, uncontrolled releases, theft, and any other loss. The gross production of gaseous hydrocarbons shall be adjusted and reported in MMBTUs.
Gross Production means total crude oil production, including all crude oil consumed in the production process.
Examples of Gross Production in a sentence
Lessee will pay or cause to be paid to Lessor a monetary royalty payment of ROYALTY RATE % of the Gross Value of Gross Production of all Produced Substances.
More Definitions of Gross Production
Gross Production means the gross commissions produced by a Participant.
Gross Production means the amount of production harvested by the licensed processor prior to dockage and reported to AFSC.
Gross Production means the gross commission and fee revenue (other than investment banking fees and order fees, both of which are excluded from the calculation of Gross Production) that is received by the Company from sales of products and services by a Financial Advisor. If production is split between one or more Financial Advisors, each Financial Advisor's "Gross Production" will be based on his or her own cumulative production level.
Gross Production means all Produced Substances brought from underground up to and through the well head, and includes, but is not limited to, (i) all Hydrocarbons produced in liquid form as oil or condensate at the wellhead and also all condensate, distillate, and any other liquid Hydrocarbons recovered from Oil, condensate or gas run through a separator or other equipment; (ii) all Hydrocarbons and gaseous substances not in liquid form produced from any well; and, (iii) natural gas or liquid Hydrocarbons, carbon dioxide, carbon black, sulfur, or any other products produced or manufactured from any gas or liquid. The Gross Production volumes of oil, condensate, and gas includes all sales, custody transfer dispositions and/or stored volumes and all non-sales disposition volumes, including but not limited to, lease use, fuel, vent, flare, spills, uncontrolled releases, theft, and any other loss. Gross Production volumes of gaseous Hydrocarbons must be adjusted and reported in MMBTUs.
Gross Production means the total amount of Crude Oil and/or Natural Gas produced from the Operating Area.
Gross Production means the number of AO Units commercially assembled or manufactured by the GRANTEE, which utilize components or technology owned by the GRANTOR and sold to customers of GRANTEE or sold by Distributors of GRANTEE.
Gross Production means the number of Software Units commercially duplicated and marketed by the XIAM, which utilize software developed by Strokes.