Common use of EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR Clause in Contracts

EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR. A. Operator shall charge the Joint Account for use of Operator owned equipment and facilities at rates commensurate with costs of ownership and operation. Such rates shall include costs of maintenance, repairs, other operating expense, insurance, taxes, depreciation, and interest on gross investment less accumulated depreciation not to exceed ___percent ( ___%) per annum. Such rates shall not exceed average commercial rates currently prevailing in the immediate area of the Joint Property. See Attached Addenda

EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR. A. Operator shall charge the Joint Account for use of Operator owned equipment and facilities at rates commensurate with costs of ownership and operation. Such Those rates shall include costs of maintenance, repairs, other operating expense, insurance, taxes, depreciation, and interest on gross investment less accumulated depreciation not to exceed ___percent ( ___%(20_%) per annum. Such The rates shall not exceed average commercial rates currently prevailing in the immediate area of the Joint Property. See Attached Addenda.

EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR. A. Operator shall charge the Joint Account for use of Operator owned equipment and facilities at rates commensurate with costs of ownership and operation. Such rates shall include costs of maintenance, repairs, other operating expense, insurance, taxes, and depreciation, and interest on gross investment less accumulated depreciation not to exceed ___percent ( ___%) per annum. Such rates shall not exceed average commercial rates currently prevailing in the immediate area of the Joint Property. See Attached AddendaB. In lieu of charges in Paragraph 4A above, Operator may elect to use average commercial rates prevailing in the immediate area of the Joint Property less 20%.

EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR. A. Operator shall charge the Joint Account for use of Operator owned equipment and facilities at rates commensurate with costs of ownership and operation. Such rates shall include costs of maintenance, repairs, other operating expense, insurance, taxes, depreciation, and interest on gross investment less accumulated depreciation not to exceed ___eight percent ( ___(8%) per annum. Such rates shall not exceed average commercial rates currently prevailing in the immediate area of the Joint Property. See Attached Addenda.

EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR. A. Operator shall charge the Joint Account for use of Operator owned equipment and facilities at rates commensurate with costs of ownership and operation. Such Those rates shall include costs of maintenance, repairs, other operating expense, insurance, taxes, depreciation, and interest on gross investment less accumulated depreciation not to exceed ___ten percent ( ___(10%) per annum. Such The rates shall not exceed average commercial rates currently prevailing in the immediate area of the Joint Property. See Attached Addenda.

EQUIPMENT AND FACILITIES FURNISHED BY OPERATOR. A. Operator shall charge the Joint Account for use of Operator owned equipment and facilities at rates commensurate with costs of ownership and operation. Such rates shall include costs of maintenance, repairs, other operating expense, insurance, taxes, depreciation, and interest on gross investment less accumulated depreciation not to exceed ___twelve percent ( ___(12%) per annum. Such rates shall not exceed average commercial rates currently prevailing in the immediate area of the Joint Property. See Attached Addenda.