Examples of Available Petroleum in a sentence
Available Petroleum remaining after the deduction of Royalty in accordance with Article 14.1.1 and the deduction of Petroleum Costs in accordance with Article 14.2.2 shall be deemed Profit Petroleum.
Deposits in approved accounts shall be made on a quarterly basis in arrears commencing with the first Calendar Quarter in which there is Available Petroleum.
After Oil and/or Gas have been discovered in commercial quantities and jointly-owned facilities are available for storage and/or transportation thereof, the Operating Committee shall determine an appropriate lifting procedure in the event any Party wishes to separately dispose of its share of Available Petroleum.
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The amount of the Available Petroleum remaining after the deduction of the Cost Recovery Petroleum used for Cost Recovery purposes, and inclusive, should the case occur, of any Cost Recovery Petroleum not used for Cost Recovery purposes, is hereinafter referred to as “Profit Petroleum”.
DOI: 10.2172/532498 Full Text Available Petroleum marketing monthly, September 1998, with data for June 1998 Technical Report NONE The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products.
Sharing The amount of the Available Petroleum remaining after the deduction of the Cost Recovery Petroleum used for Cost Recovery purposes, and inclusive, should the case occur, of any Cost Recovery Petroleum not used for Cost Recovery purposes, is hereinafter referred to as “Profit Petroleum”.