Mobil Agreement definition

Mobil Agreement means that Asset Purchase Agreement dated May 29, 1996 by and among Mobil Natural Gas Inc., Mobil Gas Services Inc., Mobil Producing Texas & New Mexico Inc., Mobil Exploration and Producing North America Inc., Mobil Oil Corporation, Mobil Exploration & Production U.S. Inc. and Falfurrias Pipeline Company, as Sellers and PanEnergy Field Services, Inc., as Buyer, as amended.
Mobil Agreement means that Asset Purchase Agreement dated May 29, 1996 by and among Mobil Natural Gas Inc., Mobil Gas Services Inc., Mobil Producing Texas & New Mexico Inc., Mobil Exploration and Producing North America Inc., Mobil Oil Corporation, Mobil Exploration & ProductionU.S. Inc. and Falfurrias Pipeline Company, as Sellers and PanEnergy Field Services, Inc., as Buyer, as amended.

Examples of Mobil Agreement in a sentence

  • Under the Mobil Agreement there is no deduction of costs prior to the calculation of royalties from gas well gas or oil well gas, which together account for approximately 98% of all the royalties under said agreement.

  • Under one set of rights covering the western part of the Oldenburg concession (approximately 662,000 acres), the Trust receives a royalty payment of 4% on gross receipts from sales by Mobil Erdgas of gas well gas, oil well gas, crude oil and condensate (the "Mobil Agreement").

  • The Trust received sulfur royalties under the Mobil Agreement for all four quarters for fiscal 2012 through fiscal 2015.

  • Under one set of rights covering the western part of the Oldenburg concession (approximately 662,000 acres); the Trust receives a royalty payment of 4% on gross receipts from sales by Mobil Erdgas of gas well gas, oil well gas, crude oil and condensate (the "Mobil Agreement").

  • Under the Mobil Agreement for fiscal 2019, gas sales, gas prices and average exchange rates showed percentage changes of +8.30%, +3.84% and -5.77%, respectively, in comparison to fiscal 2018.

  • Under the Mobil Agreement for fiscal 2018, gas sales, gas prices and average exchange rates showed percentage changes of -19.63%, +10.75% and +7.93%, respectively, in comparison to fiscal 2017.

  • Under one set of rights covering the western part of the Oldenburg concession (approximately 662,000 acres); the Trust receives a royalty payment of 4% on gross receipts from sales by Mobil Erdgas of gas well gas, oil well gas, crude oil and condensate ("Mobil Agreement").

  • Net income for the first six months of fiscal 2008 was higher than the first six months of fiscal 2007 due to a combination of higher gas prices under the Mobil Agreement (the higher royalty rate agreement covering Western Oldenburg) and higher average exchange rates under both the Mobil Agreement and the OEG Agreement (the lower royalty rate agreement covering the entire Oldenburg concession).

  • Under the Mobil Agreement there is no deduction of costs prior to the calculation of royalties from gas well gas or oil well gas, which together account for approximately 99% of all the royalties under said agreement.

Related to Mobil Agreement

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Commercial Agreement means an agreement, other than an agency agreement, made between carriers and relating to the provision of their joint services for carriage of passengers by air;

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Interconnection Agreement means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Data Processing Agreement means the data processing agreement located at xxx.xxxxxx.xxx/[countrycode]/legal/dpa, where “[countrycode]” means the two-letter abbreviation for the country where your Stripe Account is located.