Extraction of the. First Oil: date at which the first measurement of volumes of Oil and Natural Gas takes place in one of the Production Measuring Points in each Module of the Development Stage.
Appears in 3 contracts
Samples: Concession Contract for Exploration and Production of Oil and Natural Gas, Concession Contract for Exploration and Production of Oil and Natural Gas, Production Sharing Contract
Extraction of the. First Oil: date at which the first measurement of volumes of Oil and Natural Gas takes place in one of the Production Measuring Points in each Module of the Development Stage. Exploration Phase: contractual phase in which the Exploration and Assessment must take place.
Appears in 1 contract
Samples: Concession Contract for Exploration and Production of Oil and Natural Gas
Extraction of the. First Oil: date at which of the first measurement of volumes of Oil and Natural Gas takes place in at one of the Production Measuring Points Measurement Points, in each Module of the Development StageModule.
Appears in 1 contract
Samples: Production Sharing Agreement
