Production Volumes definition
Examples of Production Volumes in a sentence
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.
The “Weekly Production Volume” shall be equal to the sum of the Daily Production Volumes by Product Group for each day in the Production Week.
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.
Each Borrower shall supply a report reconciling Hydrocarbon Production Volumes (as measure by the lease equipment) to sales volumes (reported by the Purchasers) for each Borrower’s existing and Future Well or Lease.
The monthly production report will also include a reconciliation of the Hydrocarbon Production Volumes (as measured by the lease equipment) to sales volumes (reported by the Purchasers) for each of Borrower’s existing and future W▇▇▇▇ or Leases.
Allow its Production Volumes sold and attributable to the Properties to fall below the amounts set forth on Schedule 7.13, as measured on a MBOE basis, for the periods of time set forth therein.
Borrower shall also supply a report reconciling Hydrocarbon Production Volumes (as measured by the lease equipment) to sales volumes (reported by the Purchasers) for each of Borrower’s existing and future Well or Lease.
The Property Operating Statement will detail, without limitation, Borrowers’ Production Volumes, revenue, lease operating expenses, production taxes and other state and federal taxes paid, general and administrative expenses, cash payments made with respect to commodity hedging and any other income with respect to each Property comprising the Properties relating to production and operations for the month prior to the immediately preceding month.
To obtain the “Daily Production Volume” for each Product Group, ▇▇▇▇ will sum the Production Volumes for each of the applicable Products Storage Tanks as set forth on Schedule P.
To obtain the “Daily Production Volume” for each Product Group, ▇▇▇▇ will sum the Production Volumes for each of the applicable Product Storage Tanks.