Meaning production bonus
What does production bonus mean? Here you find 3 meanings of the word production bonus. You can also add a definition of production bonus yourself
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production bonusPayment by a well operator to a host country upon achievement of certain levels of production.
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production bonusThe payment of a fee to a host government upon reaching production thresholds as defined in the contracts governing the field or licence, usually a PSC.
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production bonusThe payment of a fee to a host government upon reaching production thresholds as defined in the contracts governing the field or licence, usually a PSC.
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