Preliminary Provisions. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set at the Measurement Point.
Appears in 12 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Preliminary Provisions. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set at the Measurement Point. The Cost Oil and the Profit Oil shall be calculated per Field in the Contract Area.
Appears in 9 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Preliminary Provisions. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set determined at the Measurement Point.
Appears in 6 contracts
Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement
