Maximum Efficient Production Rate. The Contractor and the Ministry shall agree on the Production programs before Production begins in any Field and establish at that time the Maximum Efficient Production Rate for such Field, and will determine the dates on which such levels will be reexamined and potentially revised.
Appears in 7 contracts
Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.)
Maximum Efficient Production Rate. The Contractor and the Ministry shall will agree on the Production programs before Production begins in any Field and establish at that time the Maximum Efficient Production Rate for such the Field, and will determine decide the dates on which such the levels will be reexamined and potentially revised.
Appears in 3 contracts
Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract, Production Sharing Contract
Maximum Efficient Production Rate. The Contractor and the Ministry shall will agree on the Production programs before Production begins in any Field and establish at that time the Maximum Efficient Production Rate for such the Field, and will determine decide the dates on which such the levels will be reexamined re-examined and potentially revised.
Appears in 1 contract
