Crude Oil. (i) The Cost Recovery Crude Oil to which CONTRACTOR is entitled hereunder shall be valued by EGPC and CONTRACTOR at "Market Price" for each calendar quarter.
Crude Oil. 6.2.1 CONTRACTOR is authorized by SKK MIGAS and obligated to market all Crude Oil produced and saved from the Contract Area subject to the provisions hereinafter set forth of which the cost shall be borne by CONTRACTOR.
Crude Oil. CONTRACTOR shall pay the following “Crude Oil Production Bonuses” to MOGE with respect to each Development and Production Area for Crude Oil productions:
Crude Oil. 6.1.1 CONTRACTOR is authorized by PERTAMINA and obligated to market all Crude Oil produced and saved from the Contract Area subject to the provisions hereinafter set forth.
Crude Oil. Crude Oil produced and saved under this Agreement and not used in Petroleum EGPC SHARE CONTRACTOR SHARE operations. (BOPD) (quarterly average). That portion or increment ( percent ) ( percent) up to less than BOPD. ( ----%) (-----%) That portion or increment ( percent ) ( percent) from and up to less than BOPD . ( ------%) (------%) That portion or increment ( percent ) ( percent) from and up to less than BOPD . ( ------%) (------%) That portion or increment ( percent ) ( percent) from BOPD and above. ( ------%) ( ------ %)
Crude Oil. For the purposes of determining the value of Crude Oil (excluding the Associated Gas) received by Second Party, the prices shall be set monthly by Joint Oil and shall be determined on the basis of prices for similar crude oil in the world market and on arms length trading between non-affiliated companies.
Crude Oil. Tenant agrees that it shall not use the Additional Property or any part of the original 11.1 acre parcel described in the Lease Agreement or the smaller parcels added by the First, Second, and Third Amendments to the Lease Agreement (Collectively the “Property”) to receive, handle, store, ship or otherwise process or distribute crude oil. Section 8 of the Lease Agreement regarding the permitted use of the Property is hereby amended accordingly.
Crude Oil. (a) The value of Crude Oil sold f.o.b. (or equivalent) the Field Export Point by arm’s length transaction shall be the price payable for it.
Crude Oil. Any mixture of hydrocarbons that is produced from an oil and gas well as a liquid and remains liquid at atmospheric pressure.
Crude Oil. Any mixture of hydrocarbons that is produced from an oil and gas well as a liquid and remains liquid at atmospheric pressure. Crude Oil Quality Specifications. As defined in Section 9.1.
