Hydrocarbons in the Subsoil definition
Hydrocarbons in the Subsoil means the total resources or quantities of Hydrocarbons with the potential of being extracted which are estimated to exist originally, prior to their production, in naturally occurring accumulations, as well as estimated quantities of accumulations yet to be discovered.
Examples of Hydrocarbons in the Subsoil in a sentence
This Contract does not confer upon any Participating Company any property rights regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation.