ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, shall be deemed to be produced equally on an acreage basis from the several tracts of the unitized land, and for the purpose of determining any benefits that accrue on an acreage basis, each such tract shall have allocated to it such percentage of said production as its area bears to the entire unitized area. It is hereby agreed that production of unitized substances from the unitized area shall be allocated as provided herein, regardless of whether any xxxxx are drilled on any particular tracts of said unitized area.
Appears in 3 contracts
Samples: Unit Agreement, Unit Agreement, Unit Agreement
ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, ,β shall be deemed to be : produced equally on an acreage basis from the several tracts of the ofthe 'unitized land, land/ and for the purpose of determining ofdetermining any benefits that accrue on an acreage basis, each basis,'each such tract shall have allocated to it such percentage of said production as its area bears to the (he entire unitized area. ;' It is Is hereby agreed that production of unitized ofunitized substances from the unitized area shall be allocated as provided herein, regardless of whether ofwhether any xxxxx are drilled on any particular tracts of said particulartracts ofsaid unitized area.
Appears in 1 contract
Samples: Unit Agreement
ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, shall be deemed to be produced equally on an acreage basis from the several tracts of the ofthe unitized land, and for the purpose of determining ofdetermining any benefits that accrue on an acreage basis, each such tract shall have allocated to it such percentage parentage of said production as its area bears to the entire unitized area. It is hereby agreed that production of unitized ofunitized substances from the unitized area shall be allocated as provided herein, regardless of whether any xxxxx are drilled on any particular tracts of said unitized area.
Appears in 1 contract
Samples: Unit Agreement
ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, shall be deemed to be produced equally on an acreage basis from the several tracts of the unitized land, and for the purpose of determining ofdetermining any benefits that accrue on an acreage basis, each such tract shall have allocated to it such percentage of said ofsaid production as its area bears to the entire unitized area. It is hereby agreed that production of unitized substances from the unitized area shall be allocated as provided herein, regardless of whether any xxxxx are arc drilled on any particular tracts of said unitized area.
Appears in 1 contract
Samples: Unit Agreement
ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, shall be deemed to be produced equally on an acreage basis from the several tracts of the unitized land, and for the purpose of determining any benefits that accrue on an acreage basis, each such tract shall have allocated to it such percentage of said production as its area bears to the entire unitized area. It is hereby agreed that production of unitized substances from the unitized area shall be allocated as provided herein, regardless of whether any xxxxx are drilled on an any particular tracts of said unitized area.
Appears in 1 contract
Samples: Unit Agreement
ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, shall be deemed to be produced equally on an acreage basis from the several tracts of the ofthe unitized land, and for the purpose of determining ofdetermining any benefits that accrue on an acreage basis, each such tract shall have allocated to it such percentage of said production as its area bears to the entire unitized area. It is hereby agreed that production of unitized ofunitized substances from the unitized area shall be allocated as provided herein, regardless of whether any xxxxx are drilled on any particular tracts of said unitized area.
Appears in 1 contract
Samples: Unit Agreement