Common use of ALLOCATION OF PRODUCTION Clause in Contracts

ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating area established under this agree- ment, except any part thereof used in con- formity with good operating practices within the unitized area for drilling, operating, and other production or development purposes, or for repressuring or recycling in accord- ance with a plan of development and oper- ations that has been approved by the AO, or unavoidably lost, shall be deemed to be pro- duced equally on an acreage basis from the several tracts of unitized land and unleased Federal land, if any, included in the partici- pating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased Federal land, if any, included in said participating area. There shall be allocated to the working interest owner(s) of each tract of unitized land in said participating area, in addition, such percentage of the production attrib- utable to the unleased Federal land within the participating area as the number of acres of such unitized tract included in said par- ticipating area bears to the total acres of unitized land in said participating area, for the payment of the compensatory royalty specified in section 17 of this agreement. Al- location of production hereunder for pur- poses other than for settlement of the xxx- xxxx, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory royalty obligations under section 17, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally agreed by the affected parties. It is here- by agreed that production of unitized sub- stances from a participating area shall be al- located as provided herein, regardless or whether any xxxxx are drilled on any par- ticular part or tract of the participating area. If any gas produced from one partici- pating area is used for repressuring or recy- cling purposes in another participating area, the first gas withdrawn from the latter par- ticipating area for sale during the life of this agreement shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold.

Appears in 4 contracts

Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov

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ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating participating area established under this agree- mentagreement, except any part thereof used in con- formity conformity with good operating practices within the unitized area for drilling, operating, and other production or development purposes, or for repressuring or recycling in accord- ance accordance with a plan of development and oper- ations operations that has been approved by the AO, or unavoidably lost, lost shall be deemed to be pro- duced produced equally on an acreage basis from the several tracts of unitized land and unleased Federal land, if any, included in the partici- pating participating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased Federal land, if any, included in said participating area. There shall be allocated to the working interest owner(s) of each tract of unitized land in said participating area, ; in addition, such percentage of the production attrib- utable attributable to the unleased Federal land within the participating area as the number of acres of such unitized tract included in said par- ticipating participating area bears to the total acres of unitized land in said participating area, for the payment of the compensatory royalty specified in section 17 of this agreement. Al- location Allocation of production hereunder for pur- poses purposes other than for settlement of the xxx- xxxxroyalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory compensatory royalty obligations under section 17, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally mutually agreed by the affected parties. It is here- by hereby agreed that production of unitized sub- stances substances from a participating area shall be al- located allocated as provided herein, regardless or whether any xxxxx are drilled on any par- ticular particular part or tract of the participating area. If any gas produced from one partici- pating participating area is used for repressuring or recy- cling recycling purposes in another participating area, the first gas withdrawn from the latter par- ticipating participating area for sale during the life of this agreement shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating participating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold.

Appears in 2 contracts

Samples: Unit Agreement, Unit Agreement

ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating participating area established under this agree- mentagreement, except any part thereof used in con- formity conformity with good operating practices within the unitized area for drilling, operating, and other production or development purposes, or for repressuring or recycling in accord- ance accordance with a plan of development and oper- ations operations that has been approved by the AOAO and Land Commissioner, or unavoidably lost, lost shall be deemed to be pro- duced produced equally on an acreage basis from the several tracts of unitized land and unleased Federal and Indian trust land, if any, included in the partici- pating participating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased Federal and Indian trust land, if any, included in said participating area. ; There shall be allocated to the working interest owner(s) of each ofeach tract of unitized land in said participating area, in addition, such percentage of the production attrib- utable attributable to the unleased unlcased Federal and Indian Trust land within the participating area as the number of acres of such unitized tract included in said par- ticipating participating area bears to the total acres of unitized land in said participating area, for the payment of the compensatory royalty specified in section 17 16 of this agreement. Al- location Allocation of production hereunder for pur- poses purposes other than for settlement of the xxx- xxxxroyalty, overriding royaltyroyally, or payment out of production obligations of the line respective working interest owners, including compen- satory compensatory royalty obligations under section 1716, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally mutually agreed by the affected partiesparties . It is here- by hereby agreed that production of unitized sub- stances substances from a participating area shall be al- located allocated as provided herein, regardless or whether any xxxxx are arc drilled on any par- ticular particular part or tract of the participating area. If any gas produced from one partici- pating area is used for repressuring or recy- cling purposes in another participating area, the first gas withdrawn from the latter par- ticipating area for sale during the life of this agreement shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold.

Appears in 1 contract

Samples: Unit Agreement

ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating participating area established under this agree- mentagreement, except any part thereof used in con- formity conformity with good operating practices within the unitized area for drilling, operating, and other production or development purposes, or for repressuring or recycling in accord- ance accordance with a plan of development and oper- ations operations that has been approved by the AO, or unavoidably lost, shall be deemed to be pro- duced produced equally on an acreage basis from the several tracts of unitized land and unleased Federal land, if any, included in the partici- pating participating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased Federal land, if any, included in said participating area. There shall be allocated to the working interest owner(s) of each tract of unitized land in said participating area, in addition, such percentage of the production attrib- utable attributable to the unleased Federal land within the participating area as the number of acres of such unitized tract included in said par- ticipating participating area bears to the total acres of unitized land in said participating area, for the payment of the compensatory royalty specified in section 17 of this agreement. Al- location Allocation of production hereunder for pur- poses purposes other than for settlement of the xxx- xxxxroyalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory compensatory royalty obligations under section 17, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally mutually agreed by the affected parties. It is here- by hereby agreed that production of unitized sub- stances substances from a participating area shall be al- located allocated as provided herein, regardless or whether any xxxxx are drilled on any par- ticular particular part or tract of the participating area. If any gas produced from one partici- pating participating area is used for repressuring or recy- cling recycling purposes in another participating area, the first gas withdrawn from the latter par- ticipating participating area for sale during the life of this agreement shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating participating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold. 13.

Appears in 1 contract

Samples: www.govinfo.gov

ALLOCATION OF PRODUCTION. All unitized substances Unitized Substances produced from a partici- pating participating area established under this agree- mentUnit Agreement, except any part thereof used in con- formity conformity with good operating practices within the unitized area Unit Area for drilling, operating, operating and other production or development purposes, or for repressuring or recycling in accord- ance accordance with a plan of development and oper- ations operations that has been approved by the AO, or unavoidably lost, shall be deemed to be pro- duced produced equally on an acreage basis from the several tracts of unitized land Unitized Land and unleased Federal and/or State of Wyoming land, if any, included in the partici- pating participating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land Unitized Land and unleased Federal and/or State of Wyoming land, if any, included in said participating area. There shall be allocated to the working interest owner(s) of each tract of unitized land Unitized Land in said participating area, in addition, such percentage of the production attrib- utable attributable to the unleased Federal and/or State of Wyoming land within the participating area as the number of acres of such unitized tract included in said par- ticipating participating area bears to the total acres of unitized land Unitized Land in said participating area, for the payment of the compensatory royalty specified in section 17 Section 16 of this agreementUnit Agreement. Al- location Allocation of production hereunder for pur- poses purposes other than for settlement of the xxx- xxxxroyalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory compensatory royalty obligations under section 17Section 16, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally agreed by the affected partiesUnit Operating Agreement. It is here- by hereby agreed that production of unitized sub- stances Unitized Substances from a participating area shall be al- located allocated as provided herein, regardless or of whether any xxxxx are drilled on any par- ticular particular part or tract of the participating area. If any gas produced from one partici- pating participating area is used for repressuring or recy- cling recycling purposes in another participating area, the first gas withdrawn from the latter par- ticipating participating area for sale during the life of this agreement Unit Agreement, shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating participating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold.

Appears in 1 contract

Samples: Development and Operation (Warren Resources Inc)

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ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating participating area established under this agree- mentagreement, except any part thereof used in con- formity conformity with good operating practices within the unitized area for drilling, operating, operating and other production or development purposes, or for repressuring or recycling in accord- ance accordance with a plan of development and oper- ations operations that has been approved by the AOpursuant to Section 10, or unavoidably lost, shall be deemed to be pro- duced produced equally on an acreage basis from the several tracts of unitized land and unleased Federal or State land, if any, included in the partici- pating participating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased Federal or State land, if any, included in said participating area. There shall be allocated to the working interest owner(s) of each tract of unitized land in said participating area, in addition, such percentage of the production attrib- utable attributable to the unleased Federal and State land within the participating area as the number of acres of such unitized tract included in said par- ticipating participating area bears to the total acres of unitized land in said participating area, for the payment of the compensatory royalty specified in section Section 17 of this agreement. Al- location Allocation of production hereunder for pur- poses purposes other than for settlement of the xxx- xxxxroyalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory compensatory royalty obligations under section Section 17, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally mutually agreed by the affected parties. It is here- by hereby agreed that production of unitized sub- stances substances from a participating area shall be al- located allocated as provided herein, regardless or of whether any xxxxx are drilled on any par- ticular particular part or tract of the participating area. If any gas produced from one partici- pating participating area is used for repressuring or recy- cling recycling purposes in another participating area, the first gas withdrawn from the latter par- ticipating participating area for sale during the life of this agreement agreement, shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating participating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold.

Appears in 1 contract

Samples: Unit Agreement

ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating area established under this agree- mentagreement, except any part thereof used in con- formity conformity with good operating practices within the unitized area for drilling, operating, and other production or development purposes, or for repressuring or recycling in accord- ance accordance with a plan of development and oper- ations operations that has been approved by the AO, or unavoidably lost, lost shall be deemed to be pro- duced produced equally on an acreage basis from the several tracts of unitized land and unleased unlcased Federal and Indian trust land, if any, included in the partici- pating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased unlcased Federal and Indian lrnsi land, if any. All proceeds less taxes and appropriate royalties, attributed to unleased Indian trust and Federal lands included within the unit area are to be placed in said participating an interest earning escrow’or trust account for each unleased tract by the designated unit operator until the land is leased. These accounts will be subject to audit by the Department of Interior. Within 90 days of the issuance of an Indian and/or Federal lease within this designated unit area, if the lessee(s) and the working interest owners) do not commit the land to this unit agreement the proceeds for their portion of the escrow account will be forfeited. There shall be allocated to the working interest owner(s) of each tract of unitized land in said participating arealand, in addition, such percentage of the production attrib- utable attributable to the unleased Federal and Indian trust land within the participating unitized area as the number of acres ofacres of such unitized tract included in said par- ticipating unitized area bears to the total acres of unitized land in said participating unitized area, for the payment of the compensatory royalty royally specified in section 17 15 of this agreement. Al- location Allocation of production hereunder for pur- poses purposes other than for settlement of the xxx- xxxxroyalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory compensatory royalty obligations under section 1715, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally mutually agreed by the affected parties. It is here- by agreed that production of unitized sub- stances from a participating area shall be al- located as provided herein, regardless or whether any xxxxx are drilled on any par- ticular part or tract of the participating area. If any gas produced from one partici- pating area is used for repressuring or recy- cling purposes in another participating area, the first gas withdrawn from the latter par- ticipating area for sale during the life of this agreement shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating area from which initially produced as such area was defined at the time that such transferred gas was finally produced and sold.

Appears in 1 contract

Samples: Unit Agreement

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