Production Sharing Contracts definition

Production Sharing Contracts means any agreement or arrangements made between the Corporation or the holder and any other petroleum exploration and production company or companies for the purpose of exploration and production of oil in the Deep Offshore and Inland Basins;

Production Sharing Contracts has the meaning given such term in the TPG SPA.

Production Sharing Contracts has the meaning given such term in the SPA.

Examples of Production Sharing Contracts in a sentence

• The financial statements of the Unincorporated Joint Ventures are prepared by the respective Operators in accordance with the requirements prescribed by the respective Production Sharing Contracts of the Unincorporated Joint Ventures.

• Contract for the Transfer of Rights under Production Sharing Contracts The Company and CNPC continue to implement the Contract for the Transfer of Rights under Production Sharing Contracts dated December 23, 1999.

• As soon as practicable, the Designated Authority shall enter into the Greater Sunrise Production Sharing Contract under conditions equivalent to those in Production Sharing Contracts JPDA 03-19 and JPDA 03-20, and to the legal rights held under Retention Leases NT/RL2 and NT/RL4 in accordance with Article 22 of the Timor Sea Treaty and Article 27 of the International Unitisation Agreement.

• The existing Government policies and Production Sharing Contracts (PSCs), to which Company is a party, is subject to domestic market obligations till self-sufficiency in domestic production of hydrocarbons.

• The Group provides for depletion and amortisation of tangible fixed assets on a net entitlements basis, which reflects the terms of the Production Sharing Contracts related to each field.

More Definitions of Production Sharing Contracts

Production Sharing Contracts means the production sharing contracts pertaining to certain operations in Indonesia filed as Exhibits 10.102 and 10.103 to the Company's quarterly report on Form 10-Q for the quarter ending June 30, 1990, as filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.

Production Sharing Contracts means those agreements entered into on 13 December 2012 between Staatsolie and Kosmos through which Staatsolie granted Kosmos the sole and exclusive right to conduct petroleum operations within the Contract Area.

Production Sharing Contracts means collectively, the (i) Petroleum Contract for Development and Production of the Daan Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on December 16, 1997, as amended on October 25, 2000 and December 20, 2001, as amended, modified and supplemented; (ii) Petroleum Contract for Development and Production of the Miao3 Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on December 16, 1997, as amended on October 25, 2000 and December 20, 2001, as amended,

Production Sharing Contracts means the Production Sharing Contract for Exploitation of Coalbed Methane Resources in Enhong and Laochang, Yunnan Province, the People's Republic of China, dated January 25, 2002, by and between China United Coalbed Methane Corp. Ltd. and the Company, and the Production Sharing Contract for Exploitation of Coalbed Methane Resources for the Qinnan Area in Shanxi Province, Qinshui Basin, the People's Republic of China, dated April 16, 2002, by and between China United Coalbed Methane Corporation Ltd. and the Pxxxxxxx China Inc.

Production Sharing Contracts means collectively, the (i) Petroleum Contract for Development and Production of the Daan Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on December 16, 1997, as amended on October 25, 2000 and December 20, 2001, as amended, modified and supplemented; (ii) Petroleum Contract for Development and Production of the Miao3 Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on December 16, 1997, as amended on October 25, 2000 and December 20, 2001, as amended, modified and supplemented; (iii) Petroleum Contract for Development and Production of the Moliqing Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on September 25, 1998 and amended on October 25, 2000 and December 20, 2001, as amended, modified and supplemented, and “Production Sharing Contract” means any one of them.

Production Sharing Contracts means to the extent such contracts relate to the supply of natural gas to the Bontang Plant, each of:

Production Sharing Contracts mean collectively, the production sharing contracts, concession agreements, or any other Contract, in each case as amended, granting to, or through, or by which any member of the Addax Group holds or has the right to explore for, develop, extract and/or produce Petroleum Substances in any of (i) the properties described in pages 12 to 13 of the AIF, in the section entitled “Properties Summary”; and (ii) the property subject to Ogueyi Permit No. G4-204 in Gabon;