Common use of Recovery of Petroleum Costs Clause in Contracts

Recovery of Petroleum Costs. 13.1.1 Starting from the Date of First Production of Commercial Hydrocarbons, the CONTRACTOR shall market all of the production of Crude Petroleum obtained from the Contract Area, pursuant to the provisions defined below, exception of the share to which the STATE is entitled and which it decides to take in kind in accordance with Article 13.3 below.

Appears in 3 contracts

Samples: www.resourcedata.org, s3.amazonaws.com, s3.amazonaws.com

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Recovery of Petroleum Costs. 13.1.1 Starting from the Date of Production of the First Production Ton of Commercial Hydrocarbons, the CONTRACTOR shall market all of the production of Crude Petroleum Oil obtained from the Contract Area, pursuant to the provisions defined below, with the exception of the share to which the STATE is entitled and which it decides to take in kind in accordance with Article 13.3 13.4 below.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)

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Recovery of Petroleum Costs. 13.1.1 Starting from the Date of Production of the First Production Ton of Commercial Hydrocarbons, the CONTRACTOR shall market all of the production of Crude Petroleum Oil obtained from the Contract Area, pursuant to the provisions defined below, exception of the share to which the STATE is entitled and which it decides to take in kind in accordance with Article 13.3 below.

Appears in 2 contracts

Samples: www.snh.cm, www.cgg.com

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