HUA meaning in oil and gas

HUA means Host Utilization Agreement. single binding agreement that defines the commercial terms and conditions for production handling at the host for production from current satellite fields and future satellite fields…

Definition

Host Utilization Agreement

single binding agreement that defines the commercial terms and conditions for production handling at the host for production from current satellite fields and future satellite fields in which the leasehold interests pertaining to such satellite fields are not subject to and governed by the Host Joint Operating Agreement

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