Shipper’s Crude Oil definition

Shipper’s Crude Oil means the Crude Oil produced from oil and gas xxxxx in which Shipper or its Affiliates owns or controls an interest and has the right to market.
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Shipper’s Crude Oil means all Crude Oil delivered by Shipper to the Origin Point for transportation on the Knight Warrior Pipeline by Carrier to the Delivery Point.
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Examples of Shipper’s Crude Oil in a sentence

  • Carrier’s and Shipper’s indemnity obligations are set forth in the Shipper Agreement; provided that, in any event, to the extent permitted by Applicable Law, Shipper will indemnify, defend, and hold harmless Carrier from any and all Losses arising from or out of personal injury or property damage attributable to Shipper’s Crude Oil when Shipper shall be deemed to be in control and possession of Shipper’s Crude Oil.

  • Shipper shall be solely responsible for any loss or damage to Crude Oil that occurs prior to the delivery of Shipper’s Crude Oil to Carrier at an Origin Point and after delivery of such Crude Oil to Shipper at a Destination Point.

  • Carrier shall deduct 0.20 percent of the net Barrels of Crude Oil received into Carrier’s System to cover losses inherent in the transportation of Shipper’s Crude Oil on Carrier’s System.

  • Nothing in this Item 22 shall limit Shipper’s right to receive indemnification with respect to any loss, claim or damage for which Gatherer is obligated to indemnify Shipper, other than claims by Shipper or its Affiliates for loss, damage or delay in receipt or delivery of Shipper’s Crude Oil by Gatherer, regardless of when such loss, claim or damage arose.

  • Shipper shall be solely responsible for any loss or damage to Crude Oil that occurs prior to the delivery of Shipper’s Crude Oil to Carrier at a Receipt Point and after delivery of such Crude Oil to Shipper at a Delivery Point.

  • Shipper shall provide Notice to Monarch prior to releasing Shipper’s Crude Oil in an Expedited Temporary Release.

  • As among the Parties, Producer shall have the sole and exclusive obligation and liability for the payment of all Persons due any proceeds derived from Shipper’s Crude Oil allocated to Shipper hereunder (including all constituents and products thereof) delivered under this Agreement, including royalties, overriding royalties and similar interests, in accordance with the provisions of the leases or agreements creating those rights to proceeds.

  • Each Shipper’s proportionate share shall be the difference between (A) the sum of (i) the volume of Shipper’s Crude Oil delivered to the Pipeline, as measured at the applicable Receipt Point(s) and (ii) the change in the amount of Crude Oil in Carrier’s operational storage inventory, and (B) the total volume of Crude Oil delivered at the Delivery Points for all Shippers, excluding any loss on the System that results from Carrier’s negligent operation of the System.

  • Subject to available capacity, Shipper shall have the right during each Month of the Term, but not the obligation, to ship Shipper’s Crude Oil in excess of Shipper’s Committed Volume (“Excess Volume”) at its Committed Shipper rate.

  • Subject to reduced Pipeline capacity (as a result of, for example, Interruption and Curtailment or Force Majeure), Priority Capacity will be available to Shipper during periods of proration up to the level of Shipper’s Committed Volume for Shipper’s Crude Oil.

Related to Shipper’s Crude Oil

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

  • Shipper means the party who contracts with Carrier for the transportation of Crude Petroleum under the terms of this tariff.

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

  • 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.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • Gatherer As defined in the preamble of this Agreement.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • 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.

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

  • Producers means the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • Shippers means the party or parties who agrees with Carrier for transportation of Petroleum.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

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

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • Pipeline System means each system of Pipeline Assets, Real Property and Easements relating thereto making up an integrated gathering system and gathering system, or other pipeline system.

  • Transporter(s) means all Gas gathering or pipeline companies, or local distribution companies, acting in the capacity of a transporter, transporting Gas for Seller or Buyer upstream or downstream, respectively, of the Delivery Point pursuant to a particular transaction.

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

  • Transportation fuel means electricity and any liquid or

  • Producer means the owner of a well or wells capable of producing oil or gas or both.

  • Produced water means water recovered from an underground reservoir as a result of crude oil, condensate, or natural gas production and which may be recycled, disposed, or re-injected into an underground reservoir.

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