Unit production definition

Unit production means all indigenous oil and gas produced and saved from a unit area after the effective date of the order of the supervisor creating the unit, regardless of the well or tract within the unit area from which that oil and gas is produced.
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Unit production means all geo- thermal resources produced from a unit area from the effective date of a unit agreement approved by the board under ORS 522.405.
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Unit production means all oil, gas and other hydrocarbon substances produced from a unit area from the effective date of the order of the supervisor creating the unit, or from the effective date of a
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Examples of Unit production in a sentence

  • Unit production and unit expenses are allocated on a surface acreage basis as set forth in the Unit Plan at Articles 3 through 5 (generally), except where otherwise allocated by the Unit Operating Agreement.

  • Ukraine argues that after it had reduced its tariffs as a result of its accession to the WTO, imports of passenger cars into Ukraine increased relatively to domestic production.

  • Unit production costs were in line with the same quarter in 2016.

  • The Research and Statistics Unit production tracking system attempts to track all films produced in whole or part in the UK (i.e. it is a census, not a sample).

  • Unit production cost is a function of the capital costs, debt service, annual O&M costs and the amount of water produced.

  • Unit production costs are the ratio between labour costs plus the debts costs for Fs to banks and previous production.

  • Excluding any existing or future wells, producing from the Fruitland Coal Formation, from the 480-Acre Unit; production in existing or future wells shall be allocated according to the drilling and spacing unit in which the existing or future well is drilled.

  • Applicant requests that the Commission exclude any existing or future wells, producing from the Fruitland Coal Formation, from the 480-Acre Unit; production in existing or future wells shall be allocated according to the drilling and spacing unit in which the existing or future well is drilled.

  • Unit production costs are forecast to fall by approximately 1% year on year in both 2002 and 2003 in real terms due to the impacts of cost reduction programs and economies of scale.

  • According to the Rural Development Sector Planning and Statistics Unit, production forecasts are approximately 35 percent above the five-year average.


More Definitions of Unit production

Unit production means all oil, gas, and other hydrocarbon substances produced from a unit area from the effective date of a unit agreement approved by the supervisor pursuant to Section 3643.
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Unit production means all geothermal resources produced from a unit area from the ef- fective date of a unit agreement approved by the board under ORS 522.405.
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Unit production means and include all oil, gas, casinghead gas, distillate and/or condensate and other minerals which are produced and saved from a Unit Well.
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Unit production. Hydrocarbon production contemplated by the current approved Development Plan for such Production System component.
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Related to Unit production

  • Postproduction means an activity related to the finishing or duplication of a medium described in Subsection 59-12-104(54)(a).

  • Biodiesel fuel means a renewable, biodegradable, mono alkyl ester combustible liquid fuel derived from agricultural plant oils or animal fat such as, but not limited to, soybean oil. For purposes of this definition, “biodiesel fuel” must also meet the specifications of American Society for Testing and Material Specifications (ASTM) D 6751-02, “Standard Specification for Biodiesel Fuel (B100) Blend Stock for Distillate Fuels,” and be registered with the U.S. Environmental Protection Agency as a fuel and a fuel additive under Section 211(b) of the Clean Air Act, 42 U.S.C. Sections 7401, et seq. as amended through November 15, 1990.

  • Production means a method of obtaining goods including manufacturing, assembling, processing, raising, growing, breeding, mining, extracting, harvesting, fishing, trapping, gathering, collecting, hunting and capturing.

  • 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.

  • Diesel fuel means the same as that term is defined in Section 59-13-102.

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

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

  • plant products means products of plant origin, unprocessed or having undergone simple preparation in so far as these are not plants, set out in Annex IV-A, Part 3 to this Agreement;

  • Supply Pipe means any part of a service pipe which a water undertaker could not be, or have been required to lay under section 46 of the Water Industry Act 1991; and

  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.

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

  • Gasification means the substoichiometric oxidation or steam reformation of a substance to produce a gaseous mixture containing two or more of the following: (i) oxides of carbon; (ii) methane; and (iii) hydrogen;

  • Biodiesel blend means a fuel comprised of a blend of biodiesel fuel with petroleum-based diesel fuel, suitable for use as a fuel in a compression-ignition internal combustion diesel engine.

  • Marijuana producer means a person who produces marijuana in this state.

  • 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.

  • Fuel means any solid, liquid or gaseous combustible material;

  • Diesel means a distillate oil which can be used as fuel for the operation of a compression ignition engine and which has an approximate boiling temperature of between 150 °C to 400 °C;

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;