RATES OF PRODUCTION. The Joint Authority may direct and make regulations about the commencement of petroleum production and the specific rates of petroleum production. In giving such directions and making such regulations the Joint Authority shall take account of good oilfield practice.
RATES OF PRODUCTION. (a) Grantor shall prudently operate and produce the Leases and the Xxxxx in accordance with good engineering practices and in accordance with orders or field rules (if any) established by governmental authorities having or asserting jurisdiction.
(b) Subject to the provisions of Section 3(a) above, Grantor shall use its best efforts to cause the Leases to produce each Month a sufficient quantity of Oil to allow Grantee to recover the Scheduled Amount Production Payment Oil for each Month during the term of the Conveyance.
RATES OF PRODUCTION. Working Interest Owner will prudently operate and produce the Subject Interests and Subject Wells operated by Working Interest Owner, and Working Interest Owxxx xill use all commercially reasonable efforts to cause the Subject Interests and Subject Wells not operated by Working Interest Owner to be prudently opexxxxx and produced by whomever is the operator thereof, in each case in accordance with prudent industry practices and the following additional requirements:
(i) the amount of Hydrocarbons produced from any Subject Well shall not exceed in any Month the lower of (1) the maximum amount that the Subject Well is capable of producing at its maximum efficient rate of flow or (2) the respective allowable rate of flow under applicable orders and Laws, if any; and
(ii) the amount of Hydrocarbons produced from the Subject Wells shall be sufficient to prevent a material net migration xx Hydrocarbons from the reservoirs to which proved reserves are attributed underlying the Subject Interests.
RATES OF PRODUCTION. 11 Section 3.3 Quality and Pressure Requirements..........................11 Section 3.4
RATES OF PRODUCTION. The Lessee shall ensure that the production of the Mine shall not exceed on average 2.2 million tonnes of ore annually for the first 10 years of mining operations and on average 5.5 million tonnes of ore annually thereafter.
