Production Volumes definition

Production Volumes means, with respect to any or all of the Properties, the product of Borrower’s Net Revenue Interest multiplied by the gross volume of Hydrocarbons produced and saved from those Properties.
Sample 1Sample 2Sample 3
Production Volumes mean the sum of Borrower’s Net Revenue Interest of Hydrocarbons.
Sample 1Sample 2
Production Volumes means the sum of Borrower's net produced and sold; (1) barrels of crude oil; (2) barrels of liquefied natural gas; and (3) thousand cubic feet ("Mcf") of natural gas divided by six.
Sample 1

Examples of Production Volumes in a sentence

  • Changes in production volumes are discussed in the Production Volumes section of this MD&A.

  • Allowance for Credit Losses (roll-forward) Allocation of Allowance for Credit Losses by Product Type (1) The ACL rate is calculated excluding balances related to loans that are insured by the FHA or guaranteed by the VA or SBA Production Volumes for Sale to the Secondary Market(1) May include loans originated as held for investment.

  • Lucid shall issue Production Orders, Spot Orders and Releases (as defined in Schedule 1 of the GTC) for the Production Volumes set forth in Exhibit C.

  • Production Volumes • Average production volumes of 1,480 MMcfe/d increased 18 percent in the first quarter of 2011 compared to the same period of 2010.

  • Production Volumes and Costs New Gold’s portfolio of continuing operating mines produced 317,898 gold ounces for the year ended December 31, 2017 and 110,240 gold ounces for the three months ended December 31, 2017.

  • Key Operating Statistics Consolidated Production Volumes (1) Ammonia Utilization(2) Consolidated Feedstocks Costs(1) Consolidated Sales Revenue(1)(3) (1) For the last twelve months ended March 31, 2021.

  • Key Operating Statistics Consolidated Production Volumes (1) Ammonia Utilization(2) Consolidated Feedstocks Costs(1) Consolidated Sales Revenue(1)(3) (1) For the last twelve months ended September 30, 2020.

  • Volumes transferred into and out of inventory for the period ended March 31, 2006, have been separately identified in footnote 1 to the Daily Average Production Volumes table above.

  • Borrower shall also compile and maintain a record, for each Reported Quarter, of the monthly Natural Gas production and sales and Crude Oil Production Volumes for all Well completions included in the Properties during the relevant Reported Quarter.

  • Average daily production volumes for the twelve months ended December 31, 2012 and 2011 are outlined below: Average Daily Production Volumes 2012 2011 % Change Crude oil (bbls/day) 36,509 30,181 21% Natural gas liquids (bbls/day) 3,627 3,306 10% Natural gas (Mcf/day) 251,773 251,068 – Total daily sales (BOE/day) 82,098 75,332 9% In 2013 we have reduced our capital spending plans by approximately 20% from 2012 levels given the continued weakness in natural gas prices.

Related to Production Volumes

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • 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.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • 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.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • 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 of agriculture.

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

  • Throughput means the measure of production, or factor related to production, used to determine the relationship between the amount of energy used by the target unit and the levels of activity of the target unit, as set out in Schedule 6 to an underlying agreement; “the Tribunal” means the First-tier Tribunal established under the Xxxxxxxx Xxxxxx xxx Xxxxxxxxxxx Xxx 00000;

  • CO2 means carbon dioxide.

  • Receipt Point(s means the receipt points set forth in Section 6 of this Toll Schedule.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • 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.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • 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.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Injection Point means the Electric Interconnection Point.

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

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.