Production Acreage definition

Production Acreage is defined in Section 8.b. of this Lease.
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Production Acreage is defined in Article 7.b. of this Agreement.
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Production Acreage for purposes of this Lease, is a designated area of land around an oil or gas well containing no more than the minimum amount of acreage as set forth below in Section 8.c., and limited in depth from the surface to one hundred feet (100’) below the deepest commercially producing perforations at which such oil or gas well is then completed as a well capable of producing in Paying Quantities from the Production Acreage, as demonstrated by documentation provided by Lessee at the time the Production Acreage is determined, and as may be modified with respect to depths by Section 8.d. below upon termination of Shallow Rights depths and acreage.
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Examples of Production Acreage in a sentence

  • Lessee will make every effort when designating Production Acreage to avoid small, irregularly shaped, irregularly stranded, or unusable portions of the Leased Premises, or portions not contiguous with other released portions.

  • If the well is classified as a vertical oil well by the Railroad Commission, the maximum size of the Production Acreage will be forty (40) acres, limited to the depths set forth herein.

  • This Lease may be held in force after the termination of the Primary Term or cessation of Continuous Drilling Operations as to acreage and depths included within the Production Acreage for each well only by production in Paying Quantities, Operations, or Reworking Operations conducted on such Production Acreage for such well, with no cessation of production, Operations or Reworking Operations of more than sixty (60) consecutive days.

  • If Xxxxxx is engaged in Continuous Drilling Operations at the end of the Primary Term, then such Continuous Drilling Operations will be deemed to have ceased when Lessee fails to commence Drilling Operations within ninety (90) days after the rig release of the preceding well, and this Lease will terminate, except as to Production Acreage assigned to xxxxx then producing in Paying Quantities located on the Leased Premises, as provided in this Section 8.

  • Upon expiration of the Primary Term, or upon cessation of Continuous Drilling Operations, whichever is later, this Lease will terminate as to all lands and depths except as to Production Acreage assigned to xxxxx then producing in Paying Quantities located on the Leased Premises, as set forth in this Section 8.

  • Lessee must take into consideration the productive limits of the producing interval and the configuration of the Leased Premises, and in all circumstances, Xxxxxx will ensure that the acreage assigned to the Production Acreage will be as close as possible to the form of a square or rectangle.

  • The Production Acreage for each well will be deemed to be under a separate lease with the same terms and provisions of this Lease, with the effect that production, Operations, and Reworking Operations on (or shut- in royalty payment with respect to) the Production Acreage for a well will maintain this Lease only as to the acreage and depths within such Production Acreage for such well where the operation occurs or for which such shut-in royalty payment is made.

  • For clarification, the size and boundaries of Production Acreage for each oil or gas well drilled in the Shallow Rights pursuant to this Section 8.d. will be determined according to Sections 8.b. and 8.c. of this Lease.

  • However, this Lease may not be maintained solely by the payment of shut-in royalties for more than two (2) years in the aggregate (applicable on a Lease-wide basis rather than as to each Production Acreage for each well).

  • If the well is classified as a vertical gas well by the Railroad Commission, the maximum size of the Production Acreage will be one hundred-sixty (160) acres, limited to the depths set forth herein.


More Definitions of Production Acreage

Production Acreage for purposes of this Lease, is a designated area of land around an oil or gas well capable of producing in Paying Quantities containing no more than the amount of acreage set forth below in Section 8.c., and limited in depth from one hundred feet (100’) above the shallowest commercially producing perforations at which such oil or gas well is completed to one hundred feet (100’) below the deepest commercially producing perforations at which such oil or gas well is then completed, as demonstrated by documentation provided by Lessee at the time the Production Acreage is determined.
Sample 1
Production Acreage for purposes of this Lease, is a designated area of land around an oil or gas well containing at least the minimum amount of acreage necessary to obtain from the Railroad Commission a drilling permit for a well under the rules applicable to the field from which such well is producing, and limited in depth to one hundred (100’) feet below the deepest commercially producing perforations at which such oil or gas well is then completed as a well capable of producing Oil and/or Gas in Paying Quantities from the Production Acreage, as demonstrated by documentation provided by Lessee at the time the Production Acreage is determined.
Sample 1

Related to Production Acreage

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.

  • Acreage means the number of acres of land area of an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the Board may rely on the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map.

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

  • Horizontal well means a well bore drilled laterally at an angle of at least eighty (80) degrees to the vertical or with a horizontal projection exceeding one hundred (100) feet measured from the initial point of penetration into the productive formation through the terminus of the lateral in the same common source of supply.

  • Project Area means land or lands located within the incentive

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • Postproduction means an activity related to the finishing or duplication of a medium described in Subsection 59-12-104(54)(a).

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • drilling means the act of boring a hole to reach a proposed bottom hole location through which oil or gas may be produced if encountered in paying quantities, and includes redrilling, sidetracking, deepening, or other means necessary to reach the proposed bottom hole location, testing, logging, plugging, and other operations necessary and incidental to the actual boring of the hole;

  • Water well means an excavation that is drilled, cored, bored, augered, washed, driven, dug, jetted, or otherwise constructed for the purpose of exploring for groundwater, monitoring groundwater, utilizing the geothermal properties of the ground, or extracting water from or injecting water into the aquifer. “Water well” does not include an open ditch or drain tiles or an excavation made for obtaining or prospecting for oil, natural gas, minerals, or products mined or quarried.

  • Drilling unit means the area fixed for the drilling of one well by order or rule of any state or federal body having authority. If a Drilling Unit is not fixed by any such rule or order, a Drilling Unit shall be the drilling unit as established by the pattern of drilling in the Contract Area unless fixed by express agreement of the Drilling Parties.

  • Production Burdens means any royalties (including lessor’s royalties), overriding royalties, production payments, net profit interests or other similar interests that constitute a burden on, and are measured by or are payable out of, the production of Hydrocarbons or the proceeds realized from the sale or other disposition thereof (including any amounts payable to publicly traded royalty trusts), but excluding Taxes and assessments of Governmental Entities.

  • Feedstock means a solid waste that will readily decompose during the composting process including but not limited to yard waste, agricultural waste, animal waste, food scraps, animal carcasses, raw rendering material, and mixed solid waste.

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • CO2 means carbon dioxide.

  • Contract Area means the geographic maintenance area as negotiated between the Employer and the Province of BC.

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Subject Lands means the lands subject to or covered by the oil and gas leases described in Exhibit A, insofar and only insofar as they are located within the AMI Area and cover the Target Formation, subject to the exceptions, exclusions and reservations set forth on such Exhibit A.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Power production activities means any business operation that involves a project commissioned by the government of Iran whose purpose is to facilitate power generation and delivery, including, but not limited to, establishing power-generating plants or hydroelectric dams, selling or installing components for the project, providing service contracts related to the installation or maintenance of the project, as well as facilitating such activities, including by providing supplies or services in support of such activities.

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • CBM means Capacity Benefit Margin.