Disbursements of Funds for Abandonment and Decommissioning Costs. (a) The Contractor will advise the Government on an annual basis its best estimate of the projected date of abandonment and decommissioning of the Discovery based on the then current estimate of when the Economic Limit will be reached according to the then current production forecast and realized Petroleum prices.
Appears in 11 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
Disbursements of Funds for Abandonment and Decommissioning Costs. (a) The Contractor will advise the Government on an annual basis its best estimate of the projected date of abandonment and decommissioning of the Discovery based on the then current estimate of when the Economic Limit will be reached according to the then current production forecast and realized Petroleum prices.. Draft Production Sharing Contract Block L27 Ministry of Energy Page 53
Appears in 2 contracts
Disbursements of Funds for Abandonment and Decommissioning Costs. (a) The Contractor will advise the Government on an annual basis its best estimate of the projected date of abandonment and decommissioning of the Discovery discovery based on the then current estimate of when the Economic Limit will be reached according to the then current production forecast and realized Petroleum oil prices.
Appears in 1 contract
Samples: Participation Agreement
