Common use of Production Reversion Recoupment Clause in Contracts

Production Reversion Recoupment. 36 13.2.2 Non production Reversion .....................................................................37 13.3 Deepening or Sidetracking of Non-consent Well ....................................................37 13.4 Deepening or Sidetracking Cost Adjustments .......................................................38 13.5 Subsequent Operations in Non-consent Well ........................................................38 13.6 Operations in a Production Interval ..............................................................38 13.7 Operations Utilizing a Non-consent Platform and/or Development Facilities .................39 13.8 Discovery or Extension from Non-consent Drilling .................................................39 13.9 Allocation of Platform/Development Facilities Costs to Non-consent Operations ....................40 13.9.1

Production Reversion Recoupment. 36 38 13.2.2 Non Non-production Reversion .....................................................................37 .....................................39 13.3 Deepening or Sidetracking of Non-consent Well ....................................................37 ......................39 13.4 Deepening or Sidetracking Cost Adjustments .......................................................38 .........................40 13.5 Subsequent Operations in Non-consent Well ........................................................38 ..........................40 13.6 Operations in a Production Interval ..............................................................38 ................................40 13.7 Operations Utilizing a Non-consent Platform and/or Development Facilities .................39 .........................................................40 13.8 Discovery or Extension from Non-consent Drilling .................................................39 ...................41 13.9 Allocation of Platform/Development Facilities Costs to Non-consent Operations ....................40 13.9.1.........................................................42 13.9.1 Investment Usage Fees .......................................42 13.9.2 Operating and Maintenance Charges ...........................45 13.10 Allocation of Costs Between Zones ..................................45 13.11

Production Reversion Recoupment. 36 24 13.2.2 Non Non-production Reversion .....................................................................37 ....................................25 13.3 Deepening or Sidetracking of Non-consent Well ....................................................37 ......................25 13.4 Deepening or Sidetracking Cost Adjustments .......................................................38 .........................25 13.5 Subsequent Operations in Non-consent Well ........................................................38 ..........................26 13.6 Operations in a Production Interval ..............................................................38 ................................26 13.7 Operations Utilizing a from Non-consent Platform and/or Development Facilities .................39 ...............................26 13.8 Discovery or Extension from Non-consent Drilling .................................................39 ...................26 13.9 Allocation of Platform/Development Processing Facilities Costs to Non-consent Operations ....................40 13.9.1.........................................................27 13.9.1 Charges .................................................27 13.9.2 Operating and Maintenance Charges .......................27 13.10 Allocation of Costs Between Zones ..................................28 13.11

Production Reversion Recoupment. 36 37 13.2.2 Non Non-production Reversion .....................................................................37 ......................................................................38 13.3 Deepening or Sidetracking of Non-consent Well ....................................................37 ........................................................38 13.4 Deepening or Sidetracking Cost Adjustments ..................................................................................................................38 13.5 Subsequent Operations in Non-consent Well ........................................................38 13.6 ............................................................39 13,6 Operations in a Production Interval ..............................................................38 ..................................................................39 13.7 Operations Utilizing a Non-consent Platform and/or Development Facilities ............................................39 13.8 Discovery or Extension from Non-consent Drilling .................................................39 .....................................................40 13.9 Allocation of Platform/Development Facilities Costs to Non-consent Operations ............................................40 13.9.1