Profit Petroleum Sample Clauses

Profit Petroleum. Əməliyyat məsrəflərinin və Əsaslı məsrəflərin yuxarıdakı 11.3 və 11.4 bəndlərində nəzərdə tutulduğu kimi əvəzinin ödənilməsi üçün ▇▇▇▇▇ ▇▇▇▇ Xam ▇▇▇▇▇▇ həcmləri çıxılandan sonra qalan Ümumi hasilat həcminin saldosu (“Mənfəət Karbohidrogenləri”) hər Təqvim rübündə hər İşlənmə sahəsinə münasibətdə ayrıca hesablanır və 19.5 bəndinin müddəaları nəzərə alınmaqla ARDNŞ ilə Podratçı arasında aşağıdakı düstur və “R-faktor” mexanizmi əsasında bölüşdürülür. The balance of Total Production remaining after deducting the quantities of Crude Oil necessary to enable recovery of Operating Costs and Capital Costs (as provided in Articles 11.3 and 11.4 above) (“Profit Petroleum”) shall be calculated with respect to each individual Development Area on a Calendar Quarter basis and, subject to the provisions of Article 19.5, shall be shared between SOCAR and Contractor according to the R Factor model as follows. R-faktor intervalı ARDNŞ-nin Podratçının R Factor Band SOCAR Contractor payı (%) payı (%) Share (%) Share (%) 0.00 < R < 1.50 55.0 45.0 0.00 < R < 1.50 55.0 45.0 1.50  R < 2.00 60.0 40.0 1.50  R < 2.00 60.0 40.0 2.00  R < 3.00 70.0 30.0 2.00  R < 3.00 70.0 30.0 3.00  R < 4.00 80.0 20.0 3.00  R < 4.00 80.0 20.0 R ≥ 4.00 90.0 10.0 R ≥ 4.00 90.0 10.0 R-faktor, Podratçının əvəzi ödənilmiş kumulyativ Əsaslı məsrəflərinin üstəgəl Podratçının mənfəətinin, kumulyativ Əsaslı məsrəflərə bölünməsi yolu ilə müəyyən edilir. R Factor is determined as Contractor’s cumulative Capital Costs recovered, plus Contractor’s profit, divided by cumulative Capital Costs. Qüvvəyəminmə tarixindən başlayaraq (n+1) Təqvim rübü üçün R- faktorun qiyməti (n) Təqvim rübünün axırında aşağıda göstərilən qaydada müəyyənləşdirilir: Beginning at the Effective Date the value of the R Factor in respect of Calendar Quarter (n+1) shall be determined at the end of Calendar Quarter (n) compounded, and accumulated in accordance with the procedure below: R-faktor (n+1) = Σ (CCRn + PPLn) R Factor (n+1) = Σ (CCRn + PPLn) Σ CCSn Σ CCSn burada: where: CCRn (n) Təqvim rübünün sonuna Podratçının əvəzi ödənilmiş Əsaslı məsrəfləri; CCRn means Contractor’s Capital Costs recovered as of the end of the nth Calendar Quarter; CCSn (n) Təqvim rübünün sonuna Podratçının çəkdiyi Əsaslı məsrəfləri; CCSn means Contractor’s Capital Costs incurred as of the end of the nth Calendar Quarter; PPLn (n) Təqvim rübünün sonuna alınmış Mənfəət Karbohidrogenlərində Podratçının payının dəyəri; PPLn means the value of Contractor’s share o...
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Profit Petroleum. A) PROFIT OIL/CONDENSATE/ NGL
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Profit Petroleum. (a) The balance of Total Production comprised by Crude Oil remaining after deducting the quantities of Crude Oil necessary to enable recovery of Operating Costs and the portion of the Capital Cost Recovery Petroleum used to recover accumulated Capital Costs (as provided in Articles 11.2(a) and (b) and 11.4(d) above) ("Profit Petroleum") shall be calculated on a Calendar Quarter basis and, subject to the provisions of Article 19.5, shall be shared between SOCAR and Contractor according to the cumulative after-tax, real rate of return (RROR) (calculated pursuant to Article 11.6(b) and (c)), achieved as of the end of the preceding Calendar Quarter by Contractor as follows: (i) If Total Transport Costs are less than or equal to $3 per Barrel and Contractor achieves Early-Oil Production. CONTRACTOR'S SOCAR CONTRACTOR RROR Share-% Share-% Less than 16.75% 30 70 16.75% or more, but less than 22.75% 55 45 22.75% or more 80 20 In the event the Total Transport Costs of Contractor are more than $3 per barrel and/or Contractor does not achieve Early Oil Production, the Profit Petroleum shall be calculated on a Calendar Quarter basis and, subject to the provisions of Article 19.5, shall be shared between SOCAR and Contractor according to the appropriate tables set forth in Appendix VIII. (b) Beginning at the Effective Date of the Contract, Contractor's RROR shall be determined at the end of each Calendar Quarter on the basis of the Net Cash Flow using the procedure contained in (i) below, compounded and accumulated in accordance with (ii) and (iii) below: (i) The Contractor's Net Cash Flow computed in Dollars attributable to the Contract Area for each Calendar Quarter (the "Net Cash Flow") is the remainder of:
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Profit Petroleum. Əməliyyat Məsrəflərinin ödənilməsi üçün istifadə olunan Xam Neft həcmləri və eləcə də Əsaslı Məsrəflərin Ödənilməsi üçün Karbohidrogenlərin yığılmış Əsaslı Məsrəflərin əvəzini ödəmək üçün istifadə edilmiş hissəsinin ödənilməsinə ▇▇▇▇▇ ▇▇▇▇ Xam Neft həcmləri çıxıldıqdan sonra qalan Xam Neftdən ibarət Ümumi hasilat həcminin saldosu (yuxarıdakı 11.2(a), 11.2(b) və 11.4(d) bəndlərində nəzərdə tutulduğu kimi) (“Mənfəət Karbohidrogenləri”) Təqvim Rübü əsasında hesablanır The balance of Total Production comprised by Crude Oil remaining after deducting the quantities of Crude Oil necessary to enable recovery of Operating Costs and the portion of the Capital Cost Recovery Petroleum used to recover accumulated Capital Costs (as provided in Articles 11.2(a) and 11.2(b) and 11.4(d) above) (“Profit Petroleum”) shall be calculated on a Calendar Quarter basis and, subject to the provisions of Article 19.4, shall be shared between SOCAR, on the one hand, and və 19.4 bəndinin müddəaları nəzərə alınmaq şərti ilə SOCAR və Podratçı (onların müvafiq İştirak Paylarına uyğun olaraq) arasında aşağıdakı qaydada bölüşdürülür: Contractor (in accordance with their respective Participating Interest shares), on the other hand, as follows: SOCAR 75% Podratçı 25% SOCAR 75% Contractor 25% Hazırkı 11.6 bəndində SOCAR-ın və Podratçının Mənfəət Karbohidrogenləri üzrə payı 1 yanvar 2017-ci il tarixindən qüvvəyə minmiş hesab edilir. The foregoing SOCAR and Contractor share of Profit Petroleum in this Article 11.6 shall be deemed effective as of 1 January 2017.
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Profit Petroleum. The balance of Total Production remaining after deducting the quantities of Crude Oil and Non- associated Natural Gas necessary to enable recovery of Operating Costs and Capital Costs (as provided in Articles 11.2 and 11.4 above) ("Profit Petroleum") shall be calculated on a Calendar Quarter basis and, subject to the provisions of Article 19.5, shall be shared between SOCAR and Contractor according to the R Factor Model as follows. Beginning at the Effective Date the value of the R Factor in respect of Calendar Quarter (n+1) shall be determined at the end of Calendar Quarter (n) compounded, and accumulated in accordance with the procedure below: R Factor (n + 1) = < ( CCRn + PPLn )
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Profit Petroleum. Əməliyyat məsrəflərinin ödənilməsi üçün ▇▇▇▇▇ ▇▇▇▇ Xam neft və Sərbəst təbii Qaz həcmləri, habelə Əsaslı məsrəflərin ödənilməsi üçün Karbohidrogenlərin (yuxarıdakı 12.2 bəndində nəzərdə tutulduğu kimi) toplanmış Əsaslı məsrəflərin əvəzinin ödənilməsi üçün istifadə olunan hissəsi çıxıldıqdan sonra Ümumi hasilat həcminin saldosu (“Mənfəət Karbohidrogenləri“) Təqvim rübü əsasında hesablanır və ARDNŞ ilə Podratçı arasında aşağıdakı düstur və “R“ əmsalı mexanizminə əsasən bölüşdürülür. The balance of Total Production remaining after deducting the quantities of Crude Oil and Non-associated Natural Gas necessary to enable recovery of Operating Costs and the portion of Capital Costs Recovery Petroleum used to recover accumulated Capital Costs (as provided in Article 12.2 above) ("Profit Petroleum") shall be calculated on a Calendar Quarter basis and shall be shared between SOCAR and Contractor according to the R Factor model below. Qüvvəyəminmə tarixindən başlayaraq Təqvim rübü (n+1) üçün R-əmsalı qiyməti (n) Təqvim rübünün axırında Beginning at the Effective Date the value of the R Factor in respect of Calendar Quarter (n+1) shall be determined at aşağıda göstərilən qaydada müyyənləşdirilir: the end of Calendar Quarter (n) in accordance with the procedure below: R(n+1) = Σ (CCRn + FCn + PPLn) R (n + 1) = Σ(CCRn +FCn + PPLn) Σ(CCSn) Burada: Where: CCRn n Təqvim rübündə Podratçının əvəzi ödənilmiş Əsaslı məsrəfləri; CCRn means Contractor's Capital Costs recovered in the nth Calendar Quarter; FCn n Təqvim rübündə Podratçının əvəzi ödənilmiş Maliyyələşdirmə məsrəfləri; FCn means Contractor’s Finance Costs recovered in the nth Calendar Quarter; CCSn n Təqvim rübündə Podratçının çəkdiyi Əsaslı məsrəflər; CCSn means Contractor's Capital Costs incurred in the nth Calendar Quarter; PPLn n Təqvim rübündə alınmış Mənfəət karbohidrogenlərində Podratçının payının dəyəri; PPLn means the value of Contractor's share of Profit Petroleum lifted in the nth Calendar Quarter; n müvafiq Təqvim rübünün sıra nömrəsi. n means the index number of the relevant Calendar Quarter;
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