Common use of Disposal of Sub-Products Clause in Contracts

Disposal of Sub-Products. In the event that during the conduct of Petroleum Activities within the Contract Area and as part of the separation process of Hydrocarbons Sub-products is obtained, this may remain as property of the State. The Contractor shall indicate in the correspondent Work Program the estimate volume of such Sub-Products and the way they will be gathered, transported, stored, disposed, processed and or marketed. The revenues and Costs derived from the disposal or commercialization of the Sub-Products will be subject to the provisions in Annexes 3 and 4.

Appears in 2 contracts

Samples: Contract for the Exploration and Extraction of Hydrocarbons, Contract for the Exploration and Extraction of Hydrocarbons

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Disposal of Sub-Products. In the event that during the conduct of Petroleum Activities within the Contract Area and as part of the separation process of Hydrocarbons Sub-products is are obtained, this may remain as property of the State. The Contractor shall indicate in the correspondent Work Program the estimate volume of such Sub-Products and the way they will be gathered, transported, stored, disposed, processed and or marketed. The revenues and Costs derived from the disposal or commercialization of the Sub-Products will be subject to the provisions in Annexes 3 and 4.

Appears in 2 contracts

Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)

Disposal of Sub-Products. In the event case that during the conduct of Petroleum Activities within the Contract Area and Area, Sub-Products are obtained as part of the separation process of Hydrocarbons Sub-products is obtainedHydrocarbons, this may remain as property of the State. The Contractor shall indicate in the correspondent corresponding Work Program the estimate estimated volume of such Sub-Products and the way ways in which they will be gathered, transported, stored, disposed, processed and or marketed. The revenues and Costs derived from the disposal or commercialization marketing of the Sub-Sub- Products will be subject to the provisions stated in Annexes 3 and 4.

Appears in 1 contract

Samples: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality

Disposal of Sub-Products. In the event that during the conduct of Petroleum Activities within the Contract Area and as part of the separation process of Hydrocarbons Hydrocarbons, Sub-products is are obtained, this may remain as property of the State. The Contractor shall indicate in the correspondent Work Program the estimate volume of such Sub-Products and the way they will be gathered, transported, stored, disposed, processed and or and/or marketed. The revenues and Costs derived from the disposal or commercialization of the Sub-Products will be subject to the provisions in Annexes 3 and 4.

Appears in 1 contract

Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)

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Disposal of Sub-Products. In the event case that during the conduct of Petroleum Activities within the Contract Area and Area, Sub-Products are obtained as part of the separation process of Hydrocarbons Sub-products is obtainedHydrocarbons, this may remain as property of the State. The Contractor shall indicate in the correspondent corresponding Work Program the estimate estimated volume of such Sub-Products and the way ways in which they will be gathered, transported, stored, disposed, processed and or marketed. The revenues and Costs derived from the disposal or commercialization marketing of the Sub-Products will be subject to the provisions stated in Annexes 3 and 4.

Appears in 1 contract

Samples: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality

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