Measurement Point definition

Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

Measurement Point means the Measurement Device that the Parties have agreed in writing will measure the volume of Product moving through the Individual System.

Measurement Point means the point where the flanges connect the Seller’s sales measuring equipment to the Buyer’s Pipeline;

Examples of Measurement Point in a sentence

• The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set at the Measurement Point.

• If Midstream Co elects to use such Producer Meter as the Measurement Device for a Measurement Point, Producer shall provide Midstream Co reasonable access to such Producer Meter, including prior advance notice of, and the ability to witness, the calibration of such Producer Meter.

• Ownership of the volumes of Oil and Gas measured pursuant to paragraph 12.1 shall be granted to the Concessionaire at the Production Measurement Point.

• Notwithstanding the foregoing, when Daily deliveries of Product at any Measurement Point or Delivery Point average 100 Barrels per Day or less during any Month, the Owner may request from the Beneficiary that the accuracy of the Measurement Devices at such Measurement Point or Delivery Point be verified quarterly.

• The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be determined at the Measurement Point.

More Definitions of Measurement Point

Measurement Point means the location specified in the approved Development Plan within or outside of the Contract Area where the Petroleum is metered and delivered to Minister and Contractor.

Measurement Point means the inlet flange of Gatherer's meter located at the screw compressor applicable to each Delivery Point or other meter as designated by the Parties.

Measurement Point means the point where the flanges connect the Seller's sales measuring equipment to the Buyer's Pipeline;

Measurement Point means the inlet flange of Buyer's Transporter's meter located at the screw compressor applicable to each Delivery Point.

Measurement Point means the place(s) at which volumes and qualities of Crude Oil pumped out, received, transmitted or delivered shall be measured, such as the Production Measurement Point and Delivery Measurement Point.

Measurement Point means the location specified in an approved Development Plan where the Petroleum is metered and delivered to the Parties.

Measurement Point means the point or points where all Crude Oil, Condensate, Natural Gas and LPG are measured, as more specifically defined in Article 8.4.