Exclusively Owned Property. For services rendered to Petroleum Operations through the use of property exclusively owned by the Contractor, the accounts shall be charged at rates, not exceeding those prevailing in the region, which reflect the cost of ownership and operation of such property, or at rates to be agreed.
Appears in 3 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Exclusively Owned Property. For services rendered to Petroleum Operations through the use of property exclusively owned by the ContractorCompany, the accounts shall be charged at rates, not exceeding those prevailing in the region, which reflect the cost of ownership and operation of such property, or at rates to be agreed.
Appears in 1 contract
Samples: Production Sharing Agreement