Lease Use Hydrocarbons definition

Lease Use Hydrocarbons means any Hydrocarbons that are unavoidably lost in the production thereof or that are used by Working Interest Owner or the operator of the Subject Interests or any unit in which the Subject Interests are pooled or unitized in compliance herewith for drilling and production operations conducted prudently and in good faith for the purpose of producing Hydrocarbons from the Subject Interests or from such unit, but only for so long as and to the extent such Hydrocarbons are so used.
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Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by WI Owner or the operator of any Lease or unit into which such Lease is pooled or unitized for drilling and production operations conducted prudently and in good faith for the purpose of producing Hydrocarbons from or allocable to such Lease (including, without limitation, Enhanced Recovery Operations), but only for so long as and to the extent such Hydrocarbons are so used.
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Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by Working Interest Owner or the operator of the Subject Interests in conformity with good field practices in drilling or producing operations (including gas injection, secondary recovery, pressure maintenance, repressuring or cycling operations) conducted for the purpose of producing Hydrocarbons from the Subject Interests, but only for so long as and to the extent
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Examples of Lease Use Hydrocarbons in a sentence

  • There shall not be included in the Production Payment Hydrocarbons any Lease Use Hydrocarbons or Non-Consent Hydrocarbons; however, Grantee shall not, without the consent of Grantor, use Hydrocarbons allocable to the Subject Interests for the purpose of gas injection, secondary or tertiary recovery, pressure maintenance, repressuring or cycling operations.

  • There shall not be included in the Production Payment Hydrocarbons any Lease Use Hydrocarbons or Non-Consent Hydrocarbons; however, Assignee shall not, without the consent of Assignor, use Hydrocarbons allocable to the Subject Interests for the purpose of gas injection, secondary or tertiary recovery, pressure maintenance, repressuring or cycling operations.

  • The Seller will not use more than five percent (5%) of the aggregate production of Hydrocarbons from the Subject Interests as Lease Use Hydrocarbons.


More Definitions of Lease Use Hydrocarbons

Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by Grantor (or the operator of any of the Leases or any Unit into which any of the Leases or any portion thereof is pooled or unitized for drilling and production) in operations conducted prudently and in good faith for the purpose of producing Hydrocarbons from the Lease or from such Unit, but only for so long as and to the extent such Hydrocarbons are so used.
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Lease Use Hydrocarbons means any Hydrocarbons which are unavoidably lost in the production thereof or used by Assignor or the Operator on the Leases or any Unit in which the Leases are pooled or unitized for drilling and production (including, without limitation, use for secondary recovery) operations conducted in the manner of a reasonably prudent operator and in good faith for the purpose of producing Hydrocarbons from the Leases or from such Unit, but only for so long as and to the extent such Hydrocarbons are so used.
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