MODEL PRODUCTION SHARING CONTRACT …
1MODELPRODUCTION SHARING CONTRACTBETWEENTHE GOVERNMENT OF INDIAANDXYZ COMPANY(IES)WITH RESPECT TO CONTRACT AREAIDENTIFIED ASBLOCK : ______2TABLE OF CONTENTSARTICLECONTENTSPAGE Interests123License and Exploration Period13-144Relinquishment155Work Programme16-186Management Committee19-227Operatorship, Operating Agreement and Operating Committee238General Rights and Obligations of the Parties24-259Government Assistance2610Discovery, Development and Production27-3011Petroleum Exploration License and Mining Lease31-3212Unit Development3313Measurement of Petroleum3414Protection of the Environment35-3815Recovery of Cost Petroleum39-4016Production SHARING of Petroleum41-4217Taxes, Royalties, Rentals, Duties, Supply, Sale, Disposal and Export of Crude Oil and Condensate4619Valuation of Petroleum47-4820Currency and Exchange Control Provisions4921Natural Gas50-5422Employment, Training and Transfer of Technology5523Local Goods and Services5624Insurance and Indemnification5725Records, Reports.
1 model production sharing contract between the government of india and xyz comp any(ies) with respect to contract area identified as block : _____
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