Schedule MODEL CLAUSES FOR SEAWARD AREA PRODUCTION LICENCES

United Kingdom

1. 1Interpretation, etc.
2. 2Grant of Licence
3. 3Term of Licence
4. 4Initial Term
5. 4AAmendments to the Work Programme
6. 5Surrender during Initial Term ...
7. 6Option to continue licence into a Second Term
8. 7Extension of the Initial or Second Term
9. 8Option to continue the Licence into a Third Term
10. 9Power further to extend term of Licence
11. 10Right of Licensee to determine Licence or surrender part of Licensed Area
12. 11Areas surrendered
13. 12Payment of consideration for Licence
14. 13Provision of contact details to OGA
15. 14Measurement of Petroleum obtained from the Licensed Area
16. 15Keeping of accounts
17. 16Working obligations
18. 17Development and production programmes
19. 18Provisions supplementary to clause 17
20. 19Commencement and abandonment and plugging of Wells
21. 20Distance of Wells from boundaries of Licensed Area
22. 21Control of Development Wells
23. 22Provision of storage tanks, pipes, pipelines or other receptacles
24. 23Avoidance of harmful methods of working
25. 24Appointment of operators
26. 25Fishing and navigation
27. 26Training
28. 27Unit development
29. 28Directions as to Oil Fields across boundaries
30. 29Licensee to keep records
31. 30Returns
32. 31Licensee to keep samples
33. 32Reports to be treated as confidential
34. 33Inspection of records etc.
35. 34Rights of access
36. 35Power to execute works
37. 36Right of distress
38. 37Diligence
39. 38Indemnity against third party claims
40. 39Advertisements, prospectuses etc.
41. 40Restrictions on assignment, etc.
42. 40AChange in control of Licensee
43. 41Power of revocation
44. 42Power of partial revocation
45. 43Arbitration
46. 44Ministry of Defence
47. 45Relationship with fishing industry