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.