Common use of Discovery Assessment through Extended Well Test Clause in Contracts

Discovery Assessment through Extended Well Test. If the Discovery Assessment Plan contemplates the performance of a Extended Well Test, the Consortium Members shall request to ANP a specific authorization to do so. The Cost Oil for the Extended Well Test shall be recovered in the Production Phase. The performance of the Extended Well Test without the use or reinjection of the Natural Gas shall be limited to a term of one hundred and eighty (180) days, unless in exceptional cases, at ANP’s discretion.

Appears in 5 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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Discovery Assessment through Extended Well Test. If the Discovery Assessment Plan contemplates the performance of a Extended Well Test, the Consortium Members shall request to ANP a specific authorization to do so. The Cost Oil for the Extended Well Test shall be recovered in the Production Phase. The performance of the Extended Well Test without the use or reinjection of the Natural Gas shall be limited to a term of one hundred and eighty (180) days, unless in exceptional cases, at ANP’s sole discretion.

Appears in 4 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

Discovery Assessment through Extended Well Test. If the Discovery Assessment Plan contemplates the performance of a an Extended Well Test, the Consortium Members shall request to ANP a specific authorization to do so. The Cost Oil for the Extended Well Test shall be recovered in the Production Phase. The performance of the Extended Well Test without the use or reinjection of the Natural Gas shall be limited to a term of one hundred and eighty (180) days, unless in exceptional cases, at ANP’s discretion.

Appears in 2 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement

Discovery Assessment through Extended Well Test. If the Discovery Discoveries of Oil or Natural Gas Assessment Plan contemplates the performance of a Extended Well Test, the Consortium Members shall request to ANP a specific authorization to do so. The Oil Cost Oil for related to the Extended Well Long Duration Test shall will be recovered in the Production Phase. The performance of the Extended Well Test without the use or reinjection of the Natural Gas shall be limited to a term of up to one hundred and eighty (180) days, unless in exceptional cases, at ANP’s sole discretion.

Appears in 1 contract

Samples: Production Sharing Agreement

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Discovery Assessment through Extended Well Test. If the Discovery Discoveries of Oil or Natural Gas Assessment Plan contemplates the performance of a Extended Well Test, the Consortium Members Concessionaire shall request to ANP a specific authorization to do so. The Cost Oil for the Extended Well Test shall be recovered in the Production Phase. The performance of the Extended Well Test without the use or reinjection of the Natural Gas shall be limited to a term of up to one hundred and eighty (180) days, unless in exceptional cases, at ANP’s sole discretion.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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