Overall Development Program definition

Overall Development Program means a plan prepared by the Operator for the development of a CBM Field or part of a CBM Field (phased development) which has been reviewed and adopted by JMC, confirmed by CUCBM and approved by the Department or Unit, and such plan shall include, but not be limited to, recoverable reserves, the Development Well pattern, master design, production profile, economic analysis and time schedule of the Development Operations.
View Source
Overall Development Program means a plan prepared by the Contractor for the development of the Oil Field which has been reviewed and adopted by JMC, confirmed by CNPC and approved by the Department or Unit, and such plan shall include, but shall not be limited to, recoverable reserves, the Development Well pattern, master design, production profile, economic analysis and time schedule of the Development Operations, maximum efficient rate (MER) determined in accordance with international petroleum industry practice, the estimated duration of the production period, delivery point(s) and utilization program for Associated Natural Gas, etc.
View Source
Overall Development Program has the meaning given in the FOA.
View Source

Examples of Overall Development Program in a sentence

  • In any CBM Field within the Contract Area where CUCBM has a participating interest in the development of the said Field, a project management team (hereafter referred to as "PMT") shall be established for the development of such CBM Field in the organization of the Operator within thirty (30) days from the date of approval of the Overall Development Program for the said Field.

  • During the development period and production period, the specialized technology and managerial experience transferred to CNPC from the Contractor shall be proposed by the Contractor prior to the approval of the Overall Development Program of the Oil Field and the commencement of commercial production therefrom respectively, and be included in the phasic plan after a decision is made thereupon by the Parties through consultation.

  • For the development of the Oil Field within the Contract Area, a project management team (hereafter referred to as “PMT”) shall be established for the development of such Oil Field in the organization of the Operator within thirty (30) days from the date of approval of the Overall Development Program for the said Oil Field by the Department or Unit.

  • Such Overall Development Program and supplemental agreement shall be regarded as an integral part of the Contract upon the approval of the competent authorities of the Chinese government.

  • All of the information provided to the Underwriters or to counsel for the Underwriters by the Fund, its officers and directors in connection with letters, filings or other supplemental information provided to FINRA pursuant to FINRA’s conduct rules is true, complete and correct.

  • The specific organization, staffing and working system of PMT and responsibilities and competence of various positions, including those of CUCBM's personnel assigned to PMT, shall be determined by the Parties through consultation prior to the approval of the Overall Development Program for the said CBM Field.

  • Upon receipt and approval of the Overall Development Program, JMC shall immediately forward the Overall Development Program to CUCBM.

  • Within thirty (30) days of the receipt of the Overall Development Program, CUCBM shall submit the Overall Development Program and supplemental agreement to the competent authorities of the Chinese government for review and approval.

  • The transportation costs to be used to determine the FOB price at the Delivery Point shall be agreed to during the negotiation of the long-term sales and purchase agreements and prior to the preparation and approval by the Parties of an Overall Development Program.

  • The Contractor shall be bound to carry out and complete the Development Operations in accordance with the time schedule and within the period for completion specified in the Overall Development Program adopted by JMC confirmed by CNPC and approved by the Department or Unit.


More Definitions of Overall Development Program

Overall Development Program means a plan prepared by the CONTRACTOR for the development of an Oil Field and/or Gas Field which has been reviewed and approved by the DEPARTMENT and such plans shall include, but shall not be limited to recoverable reserves, the Development Well pattern, master design, production profile, economic/feasibility analysis and time schedule of the Development and Marketing Operations. In addition, abandonment and termination plan shall be included and integrated herein, as specified in Section 7.01(h).
View Source
Overall Development Program has the meaning assigned to it in the Petroleum Contract;
View Source

Related to Overall Development Program

  • Development Program means the implementation of the development plan.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Development Phase means the period before a vehicle type is type approved.