Common use of Consumption in the Operations Clause in Contracts

Consumption in the Operations. The Concessionaire may use as fuel, in the Operations, Oil and Gas produced in the Concession Area, provided that in quantities authorized by ANP. The Concessionaire shall inform ANP, upon substantiated notice, any variation over fifteen percent (15%), with respect to the Annual Production Program, in the quantity of Oil and Gas consumed in the Operations, as well as the purpose of its use. The Concessionaire shall include such information in the Monthly Production Reports. The volumes of Oil and Gas consumed in the Operations shall be calculated for purposes of calculation of the due Government and Third-Party Shares, provided for in Section Twenty-Three. Data, information, results, interpretations, models of static and dynamic Reservoirs, and the flow regimes obtained from formation tests, Extended Well Tests, or Early Production Systems during execution of the Operations of this Agreement shall be submitted to ANP immediately after their obtaining or completion or within the term defined in the Applicable Laws and Regulations. Information shall also contemplate the volumes of Oil, Gas, and water produced. For Extended Well Tests, data, information, results, and interpretations shall be submitted to ANP in accordance with the frequency established in the approved Discovery Assessment Plans. The Production and transportation arising from Extended Well Tests and Early Production Systems shall be reported through the monthly production report. The volumes of Oil and Gas produced during the Extended Well Tests shall be granted to the Concessionaire pursuant to paragraph 12.3 and calculated for purposes of the due Government and Third-Party Shares, provided for in Section Twenty-Three.

Consumption in the Operations. The Concessionaire may use as fuel, in the Operations, Oil and Gas produced in the Concession Area, provided that as long as in quantities authorized by ANP. The Concessionaire shall inform ANP, upon substantiated notice, any variation over fifteen percent (15%), with respect to the Annual Production Program, in the quantity of Oil and Gas consumed in the Operations, as well as the purpose of its use. The Concessionaire shall include such information in the Monthly Production Reports. The volumes of Oil and Gas consumed in the Operations shall be calculated for purposes of calculation assessment of the due Government and Third-Party Shares, Shares provided for in Section Twenty-Three. Data, information, results, interpretations, models of static and dynamic Reservoirs, and the flow regimes obtained from formation tests, Extended Well Tests, or Early Production Systems during execution of the Operations of under this Agreement shall be submitted to ANP immediately after their obtaining or completion or within the term defined in the Applicable Laws and Regulations. Information shall also contemplate the volumes of Oil, Gas, and water produced. For Extended Well Tests, data, information, results, and interpretations shall be submitted to ANP in accordance with the frequency established in the approved Discovery Assessment Plans. The Production and transportation arising from Extended Well Tests and Early Production Systems shall be reported through the monthly production reportProduction Report. The volumes of Oil and Gas produced during the Extended Well Tests shall be granted to the Concessionaire pursuant to paragraph 12.3 and calculated for purposes of assessment of the due Government and Third-Party Shares, Shares as provided for in Section Twenty-Three.

Consumption in the Operations. The Concessionaire may use as fuel, in the Operations, Oil and Gas produced in the Concession Area, provided that in quantities authorized by ANP. The Concessionaire shall inform ANP, upon substantiated notice, any variation over fifteen percent (15%), with respect to the Annual Production Program, in the quantity of Oil and Gas consumed in the Operations, as well as the purpose of its use. The Concessionaire shall include such information in the Monthly Production Reports. The volumes of Oil and Gas consumed in the Operations shall be calculated for purposes of calculation of the due Government and Third-Party Shares, provided for in Section Twenty-Three. Data, information, results, interpretations, models of static and dynamic Reservoirs, and the flow regimes obtained from formation tests, Extended Well Tests, or Early Production Systems during execution of the Operations of this Agreement shall be submitted to ANP immediately until five (5) days after their obtaining or completion or within the term defined in the Applicable Laws and Regulationsor another term defined by ANP. Information shall also contemplate the volumes of Oil, Gas, and water produced. For Extended Well Tests, data, information, results, and interpretations information shall be submitted to ANP in accordance with the frequency established in the approved Discovery Assessment PlansAnnual Work and Budget Program of the Production Phase. The Production and transportation arising from Extended Well Tests and Early Production Systems shall be reported through the monthly production report. The volumes of Oil and Gas produced during the Extended Well Tests shall be granted to the Concessionaire pursuant to paragraph 12.3 and calculated for purposes of the due Government and Third-Party Shares, provided for in Section Twenty-Three. Royalties are due as a result of Oil and Natural Gas Production arising from Extended Well Tests.

Consumption in the Operations. The Concessionaire may use as fuel, in the Operations, Oil and Gas produced in the Concession Area, provided that in quantities authorized by ANP. The Concessionaire shall inform ANP, upon substantiated notice, any variation over fifteen percent (15%), with respect to the Annual Production Program, in the quantity of Oil and Gas consumed in the Operations, as well as the purpose of its use. The Concessionaire shall include such information in the Monthly Production Reports. The volumes of Oil and Gas consumed in the Operations shall be calculated for purposes of calculation of the due Government and Third-Party Shares, provided for in Section Twenty-Three. Data, information, results, interpretations, models of static and dynamic Reservoirs, and the flow regimes obtained from formation tests, Extended Well Tests, or Early Production Systems during execution of the Operations of this Agreement shall be submitted to ANP immediately after their obtaining or completion or within the term defined in the Applicable Laws and Regulations. Information shall also contemplate the volumes of Oil, Gas, and water produced. For Extended Well Tests, data, information, results, and interpretations shall be submitted to ANP in accordance with the frequency established in the approved Discovery Assessment Plans. The Production and transportation arising from Extended Well Tests and Early Production Systems shall be reported through the monthly production report. The volumes of Oil and Gas produced during the Extended Well Tests shall be granted to the Concessionaire pursuant to paragraph 12.3 and calculated for purposes of the due Government and Third-Party Shares, provided for in Section Twenty-Three. The losses of Oil or Gas occurred under the responsibility of the Concessionaire, as well as burning of Gas in flares, shall be included in the Total Production Volume to be calculated for purposes of payment of the Government and Third-Party Shares, without prejudice to the provisions in Section Twenty-Nine and Section Thirty. Burning of Gas in flares shall be allowed only for reasons of safety, emergency, and commissioning, and shall be restricted to volumes previously and formally approved by ANP, pursuant to the Best Practices of the Oil Industry and the Applicable Laws and Regulations, except, in any case, for the provisions in article 47, paragraph 3, of Law No. 9,478/1997.

Consumption in the Operations. The Concessionaire may use as fuel, in the Operations, Oil and Gas produced in the Concession Area, provided that in quantities authorized by ANP. The Concessionaire shall inform ANP, upon substantiated notice, any variation over fifteen percent (15%), with respect to the Annual Production Program, in the quantity of Oil and Gas consumed in the Operations, as well as the purpose of its use. The Concessionaire shall include such information in the Monthly Production Reports. The volumes of Oil and Gas consumed in the Operations shall be calculated for purposes of calculation of the due Government and Third-Party Shares, provided for in Section Twenty-ThreeTwo. Data, information, results, interpretations, models of static and dynamic Reservoirs, and the flow regimes obtained from formation tests, Extended Well Long Duration Tests, or Early Production Systems during execution of the Operations of this Agreement shall be submitted to ANP immediately after their obtaining or completion or within the term defined in the Applicable Laws and Regulations. Information shall also contemplate the volumes of Oil, Gas, and water produced. For Extended Well Tests, data, information, results, and interpretations shall be submitted to ANP in accordance with the frequency established in the approved Discovery Assessment Plans. The Production and transportation arising from Extended Well Tests and Early Production Systems shall be reported through the monthly production reportProduction Report. The volumes of Oil and Gas produced during the Extended Well Tests shall be granted to the Concessionaire pursuant to paragraph 12.3 and calculated for purposes of the due Government and Third-Party Shares, provided for in Section Twenty-ThreeTwo. The losses of Oil or Gas occurred under the responsibility of the Concessionaire, as well as burning of Natural Gas in flares, shall be included in the Total Production Volume to be calculated for purposes of payment of the Government and third-party Shares, without prejudice to the application of provisions in Section Twenty-Eight and Section Twenty-Nine. Burning of Gas in flares shall be allowed only for reasons of safety, emergency, and commissioning, and shall be restricted to volumes previously and formally approved by ANP, pursuant to the Best Practices of the Oil Industry and the Applicable Laws and Regulations, except, in any case, for the provisions in article 47, paragraph 3, of Law No. 9,478/1997.