Common use of Petroleum Terms Clause in Contracts

Petroleum Terms. As used herein, the terms "proved reserves," "proved developed reserves," "proved developed producing reserves," "proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 20 contracts

Samples: Credit Agreement (Alliant Energy Corp), Credit Agreement (Quicksilver Resources Inc), Credit Agreement (Exco Resources Inc)

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Petroleum Terms. As used herein, the terms "proved reserves," "” “proved developed reserves," "” “proved developed producing reserves," "” “proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 16 contracts

Samples: Credit Agreement (Sandridge Energy Inc), Credit Agreement (Sandridge Energy Inc), Credit Agreement (Par Petroleum Corp/Co)

Petroleum Terms. As used herein, the terms "proved reserves," "”, “proved developed reserves," "”, “proved developed producing reserves," "”, “proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time ” shall be determined in question by the Society of accordance with Petroleum Engineers of the American Institute of Mining EngineersIndustry Standards.

Appears in 7 contracts

Samples: Credit Agreement (Amplify Energy Corp.), Credit Agreement (Amplify Energy Corp.), Refinancing Amendment (Sandridge Energy Inc)

Petroleum Terms. As used herein, the terms "proved reserves," "” “proved developed reserves," "” “proved developed producing reserves," "” “proved developed nonproducing non-producing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 6 contracts

Samples: Credit Agreement (Tapstone Energy Inc.), Credit Agreement (Tapstone Energy Inc.), Credit Agreement (VOC Brazos Energy Partners, LP)

Petroleum Terms. As used herein, the terms "proved reserves," "” “proved developed reserves," "” “proved developed producing reserves," "” “proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers, or its successor.

Appears in 2 contracts

Samples: Credit Agreement (Credo Petroleum Corp), Credit Agreement (Earthstone Energy Inc)

Petroleum Terms. As used herein, the terms "proved reserves," "proved developed reserves," "proved developed producing reserves," "proved developed nonproducing non-producing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 2 contracts

Samples: Credit Agreement (Encore Acquisition Co), Credit Agreement (Encore Acquisition Co)

Petroleum Terms. As used herein, the terms "proved reserves," "proved developed reserves," "proved developed producing reserves," "proved developed nonproducing reserves," and "proved and undeveloped reserves" shall have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Financing Agreement (Energy Partners LTD)

Petroleum Terms. As and to the extent used herein, the terms "proved reserves," "” “proved developed reserves," "” “proved developed producing reserves," "” “proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Credit Agreement (Patina Oil & Gas Corp)

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Petroleum Terms. As used herein, the terms "proved reserves," "” “proved developed reserves," "proved reserves,”“proved developed producing reserves," "” “proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Petroleum Terms. As used herein, the terms "proved --------------- ------ reserves," "proved developed reserves," "proved developed producing reserves," -------- ------------------------- ----------------------------------- "proved developed nonproducing reserves," and "proved undeveloped reserves" have -------------------------------------- --------------------------- the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Petroleum Terms. As used herein, the terms "proved --------------- reserves," "proved developed reserves," "proved developed producing reserves," "proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

Petroleum Terms. As used herein, the terms "proved reserves," "proved developed reserves," "proved developed producing reserves," "proved developed nonproducing non-producing reserves," and "proved undeveloped reserves" shall have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Financing Agreement (Foreland Corp)

Petroleum Terms. As used herein, the terms --------------- "proved reserves," "proved developed reserves," "proved developed producing reserves," "proved developed nonproducing reserves," and "proved undeveloped reserves" have the meaning given such terms from time to time and at the time in question by the Society of Petroleum Engineers of the American Institute of Mining Engineers.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

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