Development and Production Expenditures definition
Development and Production Expenditures means those expenditures as so categorised in the Accounting and Financial Procedure described in Annex “C”.
Development and Production Expenditures means direct expenditures of a capital nature on Development and Production Operations and general expenses made in connection with the development and production of a Field, excluding expenditures made within the corresponding Exploitation Area before the Discovery has been declared as Commercial Discovery, and Operating Expenditures, all as determined in accordance with the Accounting Procedure attached hereto as Annex C.
Development and Production Expenditures means direct expenditures of a capital nature on Development and Production Operations, and general expenses made in connection with the development and production of a Field, excluding expenditures made within the corresponding Agreement Area, before the Discovery has been declared as Commercial Discovery, and Operating Expenditures, all as determined in accordance with the Accounting Procedure attached hereto as Supplement C. „Troškovi razrade i eksploatacije” znači izravni kapitalni troškovi Razradnih i eksploatacijskih radova i opći troškovi povezani s razradom i eksploatacijom Polja, isključujući troškove nastale na odgovarajućem Ugovornom području prije nego što je Otkriće proglašeno Komercijalnim otkrićem te Operativni troškovi, sve ▇▇▇▇ ▇▇ utvrđeno u skladu s Računovodstvenim postupkom priloženim kao Prilog C.
Examples of Development and Production Expenditures in a sentence
It is understood, however, that any Exploration or Development and Production Expenditures associated with a unit development involving a Discovery Area, which extends into a neighbouring country shall be allocated on the basis of the petroleum reserves attributable to that portion of the Discovery Area located in each country.
More Definitions of Development and Production Expenditures
Development and Production Expenditures has the meaning given in Article 12. means a plan of works, and an estimate of expenditures therefore, for Decommissioning, including environmental, engineering and feasibility studies in support of the plan. means the location specified in the approved Development and Production Plan within or outside of the Contract Area. means direct expenditures of a capital nature on Development and Production Operations and general expenses made in connection with the development and production of a Field, excluding expenditures made within the corresponding Exploitation Area before the Discovery has been declared as Commercial Discovery, and Operating Expenditures, all as determined in accordance with the Accounting Procedure attached hereto as Annex C. “Development and Production Operations” “Development and Production Plan”