STATEMENT OF GAS BALANCES. 4.1. The Operator will maintain appropriate accounting on a monthly and cumulative basis of the volumes of Gas that each Party is entitled to receive and the volumes of Gas actually taken or sold for each Party's account. Within forty-five (45) days after the month of production, the Operator will furnish a statement for such month showing (1) each Party's Full Share of Current Production, (2) the total volume of Gas actually taken or sold for each Party's account, (3) the difference between the volume taken by each Party and that Party's Full Share of Current Production, (4) the Overproduction or Underproduction of each Party, and (5) other data as recommended by the provisions of the Council of Petroleum Accountants Societies Bulletin No. 24, as amended or supplemented hereafter. Each Party taking Gas will promptly provide to the Operator any data required by the Operator for preparation of the statements required hereunder.
STATEMENT OF GAS BALANCES. 5.1 The Contract Operator will maintain appropriate accounting on a monthly and cumulative basis of the volumes of Gas that each Party is entitled to receive and the volumes of Gas actually taken or sold for each Party's account. Within five (5) days of receipt Contract Operator shall give said receipt to the Manager of Operations. Within thirty (30) days after the month of production, the Contract Operator will furnish a statement for such month showing (1)each Party's Full Share of Current Production,(2)the total volume of Gas actually taken or sold for each Party's account, (3) the difference between the volume taken by each Party and that Party's Full Share of Current Production,(4)the Overproduction or Underproduction of each Party, and (5) other data as recommended by the provisions of the Council of Petroleum Accountants Societies Bulletin No. 24, as amended or supplemented hereafter. Each Party taking Gas will promptly provide to the Contract Operator any data required by the Contract Operator for preparation of the statements required hereunder.
STATEMENT OF GAS BALANCES. 7.1 Contractor will maintain appropriate accounting on a monthly and cumulative basis of the volumes (in Mcfs and MMBTUs) of Gas that each Party is entitled to receive and the volumes (in Mcfs and MMBTUs) of Gas actually taken or sold for each Party's account. Within forty-five (45) days after the month of production, Contractor will furnish a statement for such month showing (1) each Party's Full Share of Current Production (based on the current estimate of the Producing Interest for that Contract Year), (2) the total volume of Gas actually taken or sold for each Party's account, (3) the difference between the volume taken by each Party and that Party's Full Share of Current Production, (4) the Overproduction or Underproduction of each Party, and (5) any other data relating to production of Gas as provided for in the Contract or agreed by Contractor and the other Parties. The Government will promptly provide to Contractor any data required by Contractor relating to sales of Government Natural Gas for preparation of the statements required hereunder.
