Common use of Measurements Clause in Contracts

Measurements. All production shall be accurately measured using standards established by the American Gas Association (AGA) and/or the American Petroleum Institute (API) and all measuring devices shall be tamper proof as nearly as possible. Oil royalties due within the terms of this lease shall be calculated on actual and accurate measurements within API standards unless a different means of measurement, subject to Lessor's approval, is provided.

Appears in 60 contracts

Sources: Oil and Gas Lease, Oil and Gas Lease, Oil and Gas Lease