Schedule 4 MODEL CLAUSES FOR STANDARD PRODUCTION LICENCESC1

United Kingdom

1. 1Interpretation, etc.
2. 2Grant of Licence
3. 3Term of Licence
4. 4Option to continue Licence into a Second Term
5. 5Option to continue the Licence after the Second Term
6. 6Power further to extend term of Licence
7. 7Right of Licensee to determine Licence or surrender part of Licensed Area
8. 8Areas surrendered
9. 8AProvision of contact details to Minister
10. 9Payment of consideration for Licence
11. 10Measurement of Petroleum obtained from the Licensed Area
12. 11Keeping of accounts
13. 12Working obligations
14. 13Development and production programmes
15. 14Provisions supplementary to clause 13
16. 15Commencement and abandonment and plugging of Wells
17. 16Distance of Wells from boundaries of Licensed Area
18. 17Control of Development Wells
19. 18Provision of storage tanks, pipes, pipelines or other receptacles
20. 19Avoidance of harmful methods of working
21. 20Appointment of operators
22. 21Fishing and navigation
23. 22Training
24. 23Unit development
25. 24Directions as to Oil Fields across boundaries
26. 25Licensee to keep records
27. 26Returns
28. 27Licensee to keep samples
29. 28Reports to be treated as confidential
30. 29Inspection of records etc.
31. 30Rights of access
32. 31Power to execute works
33. 32Right of distress
34. 33Diligence
35. 34Indemnity against third party claims
36. 35Advertisements, prospectuses etc.
37. 36Restrictions on assignment, etc.
38. 36AChange in control of Licensee
39. 37Power of revocation
40. 37APower of partial revocation
41. 38Arbitration
42. 39Ministry of Defence
43. 40Department for the Environment Food and Rural Affairs/Scottish Executive