"ملف ٥ /١ VI شركة نفط الكويت" [و‎‎٤‎١] (٦٢٠/٨٦)

Suggested provisions for measurin g prude oil won
Measurement
of For the purpose of such royalty payments of
• production *
the Company shall measure by a method customarily used
in good oilfield practice all crude oil won and saved,
and the Shaikh by his representative duly approved by
the Political Resident of the Persian Gulf shall have
the right to examine suoh measuring, and to examine and
test whatever appliances may be used for such measuring*
If, upon such examination or testing, any such appliance
shall be found to be out of order, the Shaikh may
require that the same be put in order by, and at the
expense of, the Company, and if such requisition be not
complied within a reasonable time the %aikh may cause
the said appliance to be put in order, and may recover
the expense of so doing from the Company, and if upon
such examination as aforesaid any error shall be dis
covered in any such appliance, such error shall, if the
Shaikh so decide after hearing the Company’s explanation
be considered to have existed for three calendar months
previous to the discovery thereof, or from the last
occasion of examining the same in case such occasion
shall be within such period of three calendar months,
and the royalty shall be adjusted accordingly. If the
Company desire to alter any measuring appliance it shall
give reasonable notice to the Shaikh or his represent
ative, to enable a representative of the Shaikh to be
present during suoh alteration.
Production The Company shall keep full and correct
Accounts . accounts of all crude oil measured as aforesaid and the
said representative of the Shaikh shall have access at
w
' \
all reasonable times to the books of the Company
containing suoh accounts, and shall be at liberty to
make extracts therefrom, and the Company shall, at its
own expense, within three calendar months after the \
end of each calendar year, deliver to the Shaikh 1