Production Profile definition

Production Profile means the projected rates of production, ------------------ projected declines in production, the percentage of oil or gas production to the total of all production of oil or gas, and other elements, characteristics, or components of or respecting the production, recovery or projected production or recovery of oil or gas attributable to the Proved Reserves of the Mineral Properties, as set forth in the Reserve Reports covering the Mineral Properties which were utilized in determining the initial Borrowing Base hereunder.

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Production Profile has the meaning given such term in Section 6.5.

Production Profile means the expected hourly production of the Facility as measured at the Main Facility Meter for the Performance Guarantee Period as of the Effective Date, the monthly summary of which is set forth in the contract (to be provided with bid). Such Production Profile shall be adjusted by Company to reflect the adjusted Capacity value in the event, and to the extent, that Supplier has paid capacity damages.

Examples of Production Profile in a sentence

SC System Impact Study Agreement 2 Material Modification or changes in Production Profile in the Interconnection Request used to perform this System Impact Study.
Reservation Date The Reservation Date shall be the later of - the date and time of Producers' submittal to Transporter of a Request for Reservation in accordance with Section 4.1.a; and - five (5) years prior to expected commencement of regular production from the Field in accordance with the most recent Production Profile as approved by the Relevant Authority.
Upon good faith, commercially reasonable mutual agreement by both Parties, where the Production Profile indicates that a change in the Maximum Allowable Pressures would be required to enable Gatherer to support Owner’s production without exceeding Maximum Allowable Pressures, the Maximum Allowable Pressures will be amended or Owner, at its sole discretion, may elect to temporarily waive Liquidated Damages for the Area.
A changed Production Profile or changed Production Profiles and/or revised composition(s) specified as stated above submitted to Transporter by Producers for a Licence shall constitute a Request of Reservation for any capacity of the Transportation System needed in addition to capacity already reserved as per the existing Magnitude of Reservation for the same Licence.
Appendix 1, Stabilisation Plant - Abandonment Cost Model, row 5-8, divided by the estimated volume of Propane and Butane to be redelivered to Users and Other Users, expressed in tonnes, according to the Accumulated Condensate Production Profile and multiplied by the total volume of Propane and Butane, expressed in tonnes, which have been redelivered to Users and Other Users in such calendar year.
A Request for Reservation shall be submitted to Transporter and shall be accompanied by the Production Profile for each Field within the Producers’ Licence and the Relevant Profile.
Upon good faith, commercially reasonable mutual agreement by both Parties, where the Production Profile indicates that a change in the Maximum Allowable Pressures would be required to enable Gatherer to support Owner's production without exceeding Maximum Allowable Pressures, the Maximum Allowable Pressures will be amended or Owner, at its sole discretion, may elect to temporarily waive Liquidated Damages for the Area.

More Definitions of Production Profile

Production Profile means the expected hourly generation output of a qualifying facility for a full year based an engineering analysis of the qualifying facility's power production capabilities and fuel use or availability.

Production Profile. The most recent and mean or P50 forecast for a Field as forwarded to the Relevant Authority as basis for approval of production and modified in accordance with the approval. The production profile shall specify the average volume of Crude Petroleum that can be produced and delivered for transportation in Barrels per Day as follows: