Petroleum production definition

Petroleum production means the production of crude oil or other forms of petroleum (as defined in § 280.12) as well as the production of petroleum products from purchased materials.
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Petroleum production means production, by means of human strength, machines or technology, of petroleum after having made development arrangements to commercially produce petroleum.
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Petroleum production means the production of crude oil or other forms of petroleum (as defined in section 11-280.1-12) as well as the production of petroleum products from purchased materials.‌‌‌‌‌
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Examples of Petroleum production in a sentence

  • Until such time as the total availability to the Government of Crude Oil and Condensate from all Petroleum production activities in India meets the total national demand, each Company comprising the Contractor, shall be required to sell in the domestic market in India all of the Company's entitlement to Crude Oil and Condensate from the Contract Area in order to assist in satisfying the national demand.

  • Until such time as the total availability to the Government of Crude Oil and Condensate from all Petroleum production activities in India meets the total national demand, each Company comprising the Contractor, shall be required to sell in the domestic market in India all of the Company’s entitlement to Crude Oil and Condensate from the Contract Area in order to assist in satisfying the national demand.

  • Petroleum production shall be measured at the point of tanker loading.

  • Petroleum production platforms as sites for the expansion of ciquatera in the northwestern Gulf of Mexico.

  • Petroleum production targets announced by Buru Energy Ltd are subject to risks, uncertainties and other factors that may cause Fitzroy’s actual results, performance or achievements to differ from those suggested or referred to in this report and regard should be given to Buru’s statements and other announcements concerning the risks, uncertainties and other factors that may cause Buru to not meet production targets or result in delays meeting those targets.

  • If there is any ambiguity or uncertainty in the foregoing subclauses, then the parties intend that such ambiguity or uncertainty be resolved in a manner that most fairly and accurately results in a determination of the value of Petroleum production at the first onshore meter, so that the Royalty may be computed and paid on the basis of the value at the first onshore meter.

  • SEI shall have delivered to the Company an opinion of Wallxx Xxxsxxx Xxxxxx & Xavix, X Professional Limited Liability Company, counsel to SEI, dated the Closing Date, substantially in the form attached hereto as Schedule 9(c).

  • Petroleum production taxPPT is computed on the quantity of crude oil and natural gas measured at the wellhead and on other substances, less the oil used in production as approved by the state concessionaire.The tax rate is 20 .

  • The upstream industry Petroleum production has not yet been established in Uganda, but the hydrocarbon generation capacity in the Rift valley basins is very evident.

  • Petroleum production and export play a dominant role in Nigeria's economy and account for about 90% of her gross earnings.

Related to Petroleum production

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Oil ’ means oil of any kind or in any form, including, but not limited to, petroleum, fuel oil, sludge, oil refuse, and oil mixed with wastes other than dredged spoil;

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Diesel fuel means the same as that term is defined in Section 59-13-102.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Refinery means a facility for the manufacture or reprocessing of finished or unfinished petroleum

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.