Common use of ALLOCATION OF PRODUCTION Clause in Contracts

ALLOCATION OF PRODUCTION. All unitized substances produced undo this agreonent. except any part thereofused in conformity with good operating practices within (he unitized area for drilling, operating, and other production or developmoit purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 or unavoidably lost shall be deoned to be produced equally on an acreage basis from the several tractsofunitized land. Each such tract shall have allocated to it such percentage ofsaid production as the numbo ofacres of such tract bars to Ihe total acres of unitized land. There shell be allocated to the working interest owners) of the unitized land (excluding unleased Federal lands), arch pocentage of the production attributable to the unleased Federal and Indian tiusl land within the umtiod area as the numbo of acres of such unleased Federal land included in said unitized area bears to the total acres of unitized land subject to the payment of the compensatory royalty specified in section 13(b) ofthis agreement. Allocation of production hereundo for purposes xxxx than for setilemait of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider section 13, shall be prescribed as set forth in the unit opsating agreemou or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity conformily with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit deve!opment purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land and unleased Federal land, if any. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized land and unleased Federal land, if any. There shell shall be allocated to the working interest ownersownerfs) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to 10 the unleased Federal and Indian tiusl land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes xxxx other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State.

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land, unleased Federal and Indian trust land, if any. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized land, unleased Federal and Indian trust land, if any. There shell shall be allocated to the working interest ownersowner(s) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to the unleased Federal and Indian tiusl trust land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes xxxx other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State.

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused in conformity with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land, unleased Federal and Indian trust land, ifany. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized land, unleased Federal and Indian trust land, if any. There shell shall be allocated to the working interest ownersowner(s) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to the unleased Federal and Indian tiusl trust land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes xxxx other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State:

ALLOCATION OF PRODUCTION. All unitized imitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity coufotmity with good operating practices within (he unitized the uuitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring repiessuring or recycling in accordance with a plan of development and aud operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the tbe several tractsofunitized tracts ofunitized land. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe Che total acres of unitized land. There shell shall be allocated to the working interest ownersowuer(s) of the ofthe unitized land (excluding unleased Federal lands), arch pocentage of the such percentage ofthe production attributable to the unleased uuleased Federal and Indian tiusl land within the umtiod (be unitized area as the numbo of acres of such number ofacres ofsuch unleased Federal land included in said unitized area bears to the (be total acres of unitized land subject to the payment of the compensatory royalty specified in section 13(b15(b) ofthis of this agreement. Allocation of production hereundo hereunder for purposes xxxx other than for setilemait fee settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 13, 15. shall be prescribed as set forth in the tbe unit opsating agreemou operating agreement or as ns otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - Statewhether in conformity with tbe basts ofallocation herein set forth or otherwise.

ALLOCATION OF PRODUCTION. All unitized uniti/ed substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity with good operating practices within (he the unitized area for lor drilling, operating, and other production or developmoit development purposes, or for repressuring or nr recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO. or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of uniti/ed land, unlcascd Federal and Indian trust land, if any. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized uniti/ed land, unleased Federal and Indian trust land, if any. There shell be shall he allocated to the working interest owners) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to the unleased Federal and Indian tiusl trust land within the umtiod uniti/ed area as the numbo number of acres of such unleased Federal land uniti/ed tract included in said unitized uniti/ed area bears to the total acres of unitized uniti/ed land subject to in said uniti/ed area, for the payment of the ol'ihe compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes xxxx other than for setilemait settlement of the royaltyroyally, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty royally obligations aider under section 13, 15. shall be he prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - Stateallotted parlies.

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land, unleased Federal and Indian trust land, if any. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe total the tola! acres of unitized land, unleased Federal and Indian trust land, if any. There shell shall be allocated to io the working interest ownersowner(s) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to the unleased Federal and Indian tiusl trust land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis ! 5 of this agreement. Allocation of production hereundo hereunder for purposes xxxx other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State.