Common use of MEASUREMENT AND AVAILABILITY OF THE PRODUCTION SHARING Clause in Contracts

MEASUREMENT AND AVAILABILITY OF THE PRODUCTION SHARING. Measurement As of the Production Start Date of each Development Area or Field, the Consortium Members shall measure, from time to time and on a regular basis, the volume and quality of the Oil and Gas produced at the Measurement Point. The measurement methods, equipment, and tools established in the respective Development Plan and in the Applicable Laws and Regulations shall be used.

MEASUREMENT AND AVAILABILITY OF THE PRODUCTION SHARING. Measurement As of the Production Start Date of each Development Area or Field, the Consortium Members shall measure, from time to time and on a regular basis, the volume and quality of the Oil and Gas produced at the Measurement Point. The measurement methods, equipment, and tools that shall be used are those established in the respective Development Plan and in the Applicable Laws and Regulations shall be usedRegulations.