Library / Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE GAS MEASUREMENT, DATA MANAGEMENT & REPORTING OBLIGATIONS Code: DPR Guide 0005 - 2020
Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE GAS MEASUREMENT, DATA MANAGEMENT & REPORTING OBLIGATIONS Code: DPR Guide 0005 - 2020
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Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE GAS MEASUREMENT, DATA MANAGEMENT & REPORTING OBLIGATIONS Code: DPR Guide 0005 - 2020 Revision Date: 1st August 2020 This is a property of the Department of Petroleum Resources. All rights reserved 26 Contracted Flare Gas Delivery Shortfall Any Contracted Flare Gas Quantities under the Gas Sales Agreement that, upon request by the Flare Gas Buyer, the Seller was unable to deliver to the Flare Gas Buyer Contracted Flare Gas Price The Flare Gas Price to be paid by the Flare Gas Buyer to the Seller for Contracted Flare Gas Quantity as defined in the Gas Sales Agreement Contracted Flare Gas Quantity The sum of Contracted Guaranteed Flare Gas and Contracted Non- Guaranteed Flare Gas Contracted Guaranteed Flare Gas Buyer Shortfall Contracted Guaranteed Flare Gas that was made available by the Producer under the Deliver or Pay Agreement which the Flare Gas Buyer did not take Contracted Guaranteed Flare Gas The Guaranteed Flare Gas quantity contracted by the Flare Gas Buyer under the Gas Sales Agreement and for which Flare Gas Buyer has entered into a Deliver or Pay Agreement with the Producer Contracted Non- Guaranteed Flare Gas The Non-Guaranteed Flare Gas quantity contracted by the Flare Gas Buyer under the Gas Sales Agreement Crude Oil Oil in its natural state before it has been refined or treated (excluding water and other foreign substances) Deliver or Pay Agreement An agreement that the Producer may sign with the Flare Gas Buyer under which the Producer guarantees to supply an agreed quantity of Flare Gas to the Flare Gas Buyer Deliver or Pay Shortfall Gas delivery shortfall by the Producer under the Deliver or Pay Agreement Deliver or Pay Quantity Flare Gas quantity under the Deliver-or-Pay Agreement which is equal to the Contracted Guaranteed Flare Gas Quantity under the Gas Sales Agreement Delivery Point Point within the Metering Station at which the title to the Flare Gas passes from the Seller to the Flare Gas Buyer
CodesPDF20202020-0826