Total Production definition

Total Production means the Total Production of Natural Gas and the Total Production of Crude Oil.
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Total Production means the total amount of oil,
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Total Production means the total production of Crude Oil or the total production of Natural Gas obtained from an Exploitation Area (or the total production of both Crude Oil and Natural Gas obtained from an Exploitation Area, if both are produced in such area) less (i) the quantities used for the requirements of Petroleum Operations, (ii) any unavoidable losses,
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Examples of Total Production in a sentence

  • The losses of Oil or Gas occurred under the responsibility of the Concessionaire, as well as burning of Gas in flares, shall be included in the Total Production Volume to be calculated for purposes of payment of the Government and Third-Party Shares, without prejudice to the provisions in Section Twenty-Nine and Section Thirty.

  • Total Production Minutes are the total number of minutes during the production window in the month.

  • If, during the course of a Calendar Year, the Petroleum Costs not yet recovered by the Contractor pursuant to the provisions of this article, exceed the equivalent ofseventy-five percent (75%) of the value of the Total Production of Crude Oil from the Delimited Region, the balance of the Petroleum Costs that cannot be recovered in the Calendar Year in question shall be carried forward to the following Calendar Year(s) until recovery in full of the Petroleum Costs.

  • MCPV represents the cumulative amount of provisions deposited by the Contractor in the escrow account during prior Calendar Years (taking into account interest and other amounts accruing on deposits in the account), PT is the Total Production for the Calendar Year in question in the Annual Work Program and the approved Budget, in accordance with article 5.

  • For application of this article, the Total Daily Production of Crude Oil shall be the average rate of daily Total Production of Crude Oil at the wellheads during the Calendar Month in question.


More Definitions of Total Production

Total Production means, for any Calendar Quarter, the total production of Crude Oil obtained from the Contract Area, less the quantities used pursuant to Article 11.1 for the requirements of the Petroleum Operations.
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Total Production means oil, condensate, NGLs, and natural gas production (in BOEs) of the Company as reported in the Company's Form 10-K for the Performance Period.
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Total Production means the total amount of oil and natural gas liquids, measured in barrels, and the total amount of gas, measured in MCF, of all oil and gas actually produced and sold from a single well that is developed and producing on the assessment date. For commonly metered wells, "total production" means the total amount of oil and natural gas liquids, measured in barrels, and the total amount of gas, measured in MCF, of all oil, natural gas liquids, and gas actually produced and sold from the commonly metered wells divided by the number of the commonly metered wells.
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Total Production means the total kilograms live weight of chicken allotted allocated by the Commodity Board among all producers; [sic]
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Total Production means the aggregate of ▇▇▇ Production, Enterra Production and JMG Production;
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Total Production means the number of litres of fuel made from Feedstock that are sold by the Proponent during the quarter, produced by the facility in relation to the Project.
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Total Production means the total production of Crude Oil or the total production of Natural Gas obtained from the whole Delimited Area (or the total production of both Crude Oil and Natural Gas obtained from the whole Delimited Area, if the context so requires) less the quantities used for the requirements of the Petroleum Operations and any unavoidable losses, including permitted flared or re-injected Natural Gas. Wholly-Owned Subsidiary means, as to any Person, any other Person in which such first Person or one (1) or more of its Wholly-Owned Subsidiaries or such first Person and one (1) or more of its Wholly-Owned Subsidiaries owns all of the equity and voting interests (except director’s qualifying shares).
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