Common use of ALLOCATION OF PRODUCTION Clause in Contracts

ALLOCATION OF PRODUCTION. All unitized substances produced undo this agreonent. except any part thereofused in conformity with good operating practices within (he unitized area for drilling, operating, and other production or developmoit purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 or unavoidably lost shall be deoned to be produced equally on an acreage basis from the several tractsofunitized land. Each such tract shall have allocated to it such percentage ofsaid production as the numbo ofacres of such tract bars to Ihe total acres of unitized land. There shell be allocated to the working interest owners) of the unitized land (excluding unleased Federal lands), arch pocentage of the production attributable to the unleased Federal and Indian tiusl land within the umtiod area as the numbo of acres of such unleased Federal land included in said unitized area bears to the total acres of unitized land subject to the payment of the compensatory royalty specified in section 13(b) ofthis agreement. Allocation of production hereundo for purposes ▇▇▇▇ than for setilemait of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider section 13, shall be prescribed as set forth in the unit opsating agreemou or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State

ALLOCATION OF PRODUCTION. All unitized unifizEd substances produced undo under this agreonent. agreement, except any part thereofused in conformity with good operating practices within (he the unitized area for drilling, operating, drilling operatiug. and other production or developmoit development purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO. or unavoidably lost shall be deoned deemed to be produced equally on an on acreage basis from the several tractsofunitized tracts of unitized land. Each such tract shall have allocated to it such percentage ofsaid of said production as os the numbo ofacres inanbet of acres of such tract bars bears to Ihe the total acres of unitized land. There shell shall be allocated to the working interest ownersownerfs) of the each tract of unitized land (excluding unleased Federal landsland), arch pocentage such percentage of the production attributable to the foe unleased Federal and Indian tiusl land laud within the umtiod unitized area as the numbo of acres dumber ofacres of such unleased ttnteosed Federal land included in said unitized area bears to the total acres of unitized land ofunitized land, subject to the payment of the foe compensatory royalty specified in section 13(b15(b) ofthis of this agreement. Allocation of production hereundo hereunder for purposes ▇▇▇▇ other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the foe respective working interest owners, including compensatory royalty obligations aider under section 13, 15. shall be prescribed as set forth in the foe unit opsating agreemou operating agreement or as otherwise mutually agreed by the tlie affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - Statewhether in conformity with foe basis ofallocation herein set forth or cxherwise.

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused in conformity with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land, unleased Federal and Indian trust land, ifany. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized land, unleased Federal and Indian trust land, if any. There shell shall be allocated to the working interest ownersowner(s) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to the unleased Federal and Indian tiusl trust land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes ▇▇▇▇ other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State:

ALLOCATION OF PRODUCTION. All unitized imitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity coufotmity with good operating practices within (he unitized the uuitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring repiessuring or recycling in accordance with a plan of development and aud operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the tbe several tractsofunitized tracts ofunitized land. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe Che total acres of unitized land. There shell shall be allocated to the working interest ownersowuer(s) of the ofthe unitized land (excluding unleased Federal lands), arch pocentage of the such percentage ofthe production attributable to the unleased uuleased Federal and Indian tiusl land within the umtiod (be unitized area as the numbo of acres of such number ofacres ofsuch unleased Federal land included in said unitized area bears to the (be total acres of unitized land subject to the payment of the compensatory royalty specified in section 13(b15(b) ofthis of this agreement. Allocation of production hereundo hereunder for purposes ▇▇▇▇ other than for setilemait fee settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 13, 15. shall be prescribed as set forth in the tbe unit opsating agreemou operating agreement or as ns otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - Statewhether in conformity with tbe basts ofallocation herein set forth or otherwise.

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit development purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land, unleased Federal and Indian trust land, if any. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized land, unleased Federal and Indian trust land, if any. There shell shall be allocated to the working interest ownersowner(s) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to the unleased Federal and Indian tiusl trust land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes ▇▇▇▇ other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State.

ALLOCATION OF PRODUCTION. All unitized substances produced undo under this agreonent. agreement, except any part thereofused thereof used in conformity conformily with good operating practices within (he the unitized area for drilling, operating, and other production or developmoit deve!opment purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 AO, or unavoidably lost shall be deoned deemed to be produced equally on an acreage basis from the several tractsofunitized tracts of unitized land and unleased Federal land, if any. Each such tract shall have allocated to it such percentage ofsaid of said production as the numbo ofacres number of acres of such tract bars bears to Ihe the total acres of unitized land and unleased Federal land, if any. There shell shall be allocated to the working interest ownersownerfs) of the each tract of unitized land (excluding unleased Federal lands)land, arch pocentage in addition, such percentage of the production attributable to 10 the unleased Federal and Indian tiusl land within the umtiod unitized area as the numbo number of acres of such unleased Federal land unitized tract included in said unitized area bears to the total acres of unitized land subject to in said unitized area, for the payment of the compensatory royalty specified in section 13(b) ofthis 15 of this agreement. Allocation of production hereundo hereunder for purposes ▇▇▇▇ other than for setilemait settlement of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider under section 1315, shall be prescribed as set forth in the unit opsating agreemou operating agreement or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State.