Common use of Reservoir Clause in Contracts

Reservoir. Underground stratum or strata, forming part of a Field, which are producing or have been shown to be capable of producing Hydrocarbons, and which have a common pressure system throughout.

Reservoir. Underground stratum or strata, forming part of a Field, which are producing or have been shown defined to be capable of producing Hydrocarbons, and which have a common pressure system throughoutthroughout its extension.

Reservoir. Underground stratum stratuim or strata, forming strata which form(s) part of a FieldField and is(are) currently producing, which are producing or have been shown has(have) proved to be capable of producing Hydrocarbons, and which have share a common single pressure system throughoutall along their length.