NON-ASSOCIATED GAS Sample Clauses
The Non-Associated Gas clause defines and distinguishes natural gas that is produced independently of crude oil, rather than being found in association with oil deposits. In practice, this clause clarifies that any gas extracted from a reservoir that does not contain significant quantities of oil is considered non-associated, and may be subject to different contractual terms or regulatory requirements compared to associated gas. Its core function is to ensure clear categorization of gas resources, which is important for determining rights, obligations, and revenue allocation in oil and gas agreements.
NON-ASSOCIATED GAS. (a) For Non-Associated Gas discovery pursuant to Sections 8.01 and 8.02 herein, the CONTRACTOR shall submit for the DEPARTMENT’s approval, an Appraisal Work Program not later than twenty-four (24) months from the submission of the discovery report. During this period the CONTRACTOR will conduct preliminary market studies in order to analyze the markets for the Non-Associated Gas as well as investigate such technical issues as reserve size ranges, deliverability and other issues pertaining to the exploitation of the Non-Associated Gas.
(b) Following the completion of the Appraisal Work Program and review of the potential of the discovery, the CONTRACTOR shall submit an appraisal report to the DEPARTMENT within one (1) Year from the completion of the last Appraisal Well. If the CONTRACTOR, with the approval of the DEPARTMENT, decides that the discovery is commercial, the Parties shall agree on a development plan for the Gas Field. The CONTRACTOR shall complete the gas sales contract(s) and other commercial and technical arrangements required to develop such Natural Gas. The CONTRACTOR shall negotiate and execute contracts for the sale of Non-Associated Gas, including the DEPARTMENT share, if the DEPARTMENT has not elected to get its share in the gas production in kind. The CONTRACTOR shall inform and coordinate with the DEPARTMENT about material developments in the negotiations that significantly affect its interest. The DEPARTMENT may elect to join the negotiations, and such participation shall however not in any way restrict or limit the right of the CONTRACTOR to dispose of its share of Non-Associated Gas.
(c) If the Parties decide unanimously that a Non-Associated Gas reservoir is non- commercial, the corresponding area covered by the Non-Associated Gas reservoir may be retained in the Contract Area as long as the CONTRACTOR is actively seeking in good faith to solve technical issues and find a market for the Non- Associated Gas, but in no event can the CONTRACTOR retain the area longer than ten (10) years from the submission of the discovery report nor beyond the termination of this Contract.
(d) Prior to the expiration of the Exploration Period, if the CONTRACTOR together with the DEPARTMENT considers that a Non-Associated Gas reservoir which has been determined to be non-commercial needs to be reappraised because of some favorable factors, the CONTRACTOR shall work out a new evaluation report on that Non- Associated Gas reservoir and submit the same t...
NON-ASSOCIATED GAS a naturally occurring gas that is not dissolved in crude oil in a reservoir where oil is extracted. This gas is also found in gas and condensate ▇▇▇▇▇ where there is little or no crude oil present. There may or may not be condensate production together with the gas.
NON-ASSOCIATED GAS. Contractor shall notify the Minister in writing as soon as any Discovery of Non-Associated Gas is made in the Contract Area.
NON-ASSOCIATED GAS. 14.8 Licensee shall notify the Director General in writing as soon as any discovery of Non- Associated Gas is made in the Licence Area.
14.9 As soon as possible after the technical evaluation of the test results of such discovery is complete and, in any event, not later than one hundred eighty days (180) days from the date of Discovery, Licensee shall by a further notice in writing to The Director General (the “Notice”) indicate whether in Licensee’s opinion the Discovery merits Appraisal.
NON-ASSOCIATED GAS. (a) When the Contractor in accordance with Article 8.2 has informed the Minister of any non - associated gas discovery within the contract area that is of potential commercial interest, the Parties shall promptly carry out friendly negotiations to reach agreement on the additional terms necessary for commercial development and production of the discovery. The agreement, which shall form an annex to this Agreement, shall be based on and include the following principles- The petroleum production licence shall be extended as may be required to allow for commitment of the reserves for the life of the gas project and consistent with the terms for marketing that may be negotiated with the buyers of the gas. The cost recovery rate and the Contractor’s profit gas share shall be negotiated by the Parties taking into consideration the actual conditions in the gas field and the markets for such gas so that the Contractor shall be able to obtain an economic benefit acceptable to the Contractor. If the Parties fail to reach an agreement within three (3) years after the date of commencement of negotiations, the Government shall have the right unilaterally to put up the gas field for bidding but shall keep as confidential the substance of any previous and future negotiations undertaken with Contractor. In such case, Contractor shall be entitled to participate in the bidding.
NON-ASSOCIATED GAS. In case of a Discovery of Non-Associated Gas in the Contract Region, the Contractor must present a report in accordance with the prescriptions of this Contract. If the Contractor considers that the Discovery is worth evaluating, it must evaluate, with an estimation of the reserves, the production potential, as well as the economic viability. In that report, the Contractor should also declare if the Discovery is commercially viable. If the Contractor considers that the Discovery of the Non-Associated Gas is not worth evaluating, the provisions related to the Crude Oil shall be applied mutatis mutandis.
NON-ASSOCIATED GAS. The provisions of Articles 13.1, 13.2 and 14.1 shall apply mutatis mutandis in case of Non-Associated Gas Discovery.
NON-ASSOCIATED GAS. 14.11 Contractor shall have the right to commercialize a Discovery of Non- Associated Gas in the Contract Area in accordance with the provisions of this Agreement. Except as otherwise provided in this Agreement, the terms applicable to a Discovery as provided under Article 8 of this Agreement shall apply to a Discovery of Non-Associated Gas.
14.12 Where Contractor submits notice pursuant to Article 8.2 or Article 8.18 indicating that the Discovery does not at that time merit Appraisal but may merit Appraisal or additional evaluation at a later date during the Exploration Period or during the initial period under a new petroleum agreement made pursuant to Article 14.19 below, then Contractor need not submit a Proposed Appraisal Programme at that time but instead shall indicate to the Petroleum Commission what other studies or evaluations (in accordance with a definite timetable) may be warranted before an Appraisal Programme is undertaken. Where Contractor’s notice indicates that the Discovery will not merit Appraisal at any time during the Exploration Period or during the initial period under a new petroleum agreementmade pursuant to Article 14.19, then Contractor shall relinquish the rights to the Non-Associated Gas within that Discovery Area.
14.13 Not later than ninety (90) days from the date on which the Appraisal Programme relating to the Discovery is concluded, Contractor shall submit to the Minister and the Petroleum Commission a report containing the results of the Appraisal Programme (the “Appraisal Report”). The Appraisal Report may conclude that the Discovery merits commercial assessment. If the Appraisal Report concludes that the Discovery merits commercial assessment, Contractor shall submit to the Minister and the
NON-ASSOCIATED GAS. Natural gas produced from a dry Gas Mine or from a condesated Gas Mine.
NON-ASSOCIATED GAS. Natural gas produced from a dry Gas Mine or from a condesated Gas Mine. Production Individualization: procedure which aims to the division of the Production result and the rational use of the natural resources of the Federal Government, by means of unification of the Development and Production Stage of the ore body which extends beyond the Concession Area; Applicable Law: the set of all laws, decrees, regulations, resolutions, ordinances, normative instructions or any other normative acts which impose or which shall focus on the Parties, or on the activities of Exploration, Assessment, Development and Production Stage of Oil and Natural Gas, as well as on the decommissioning of the facilities.