Common use of Phase One Clause in Contracts

Phase One. Contract Years 1 and 2: * Work Units plus 3 Work Units per Grid Area in the Original Contract Area, for each of Contract Years 1 and 2.

Appears in 2 contracts

Samples: Offshore Production Sharing Agreement, Offshore Production Sharing Agreement

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Phase One. Contract Years 1 1, 2 and 23: * Work Units plus 3 Work Units per Grid Area in the Original Contract Area, for each of Contract Years 1 1, 2 and 23. * Work Unit offered as Bid Obligation at the time of award.

Appears in 1 contract

Samples: Offshore Production Sharing Agreement

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Phase One. Contract Years 1 1, 2 and 23: * Work Units plus 3 Work Units per Grid Area in the Original Contract Area, for each of Contract Years 1 1, 2 and 23.

Appears in 1 contract

Samples: Offshore Production Sharing Agreement