This form is used by Company in the business of owning and operating gas compression equipment and facilities. For the consideration provided and the mutual benefits to be derived, Customer and Company enter into this Agreement providing for the compression, by Company, of Customer's gas produced from the Leases.
Houston Texas Gas Compressing Agreement — Central Point is a contract that outlines the terms and conditions of gas compression services in the central point of Houston, Texas. Gas compressing refers to the process of increasing the pressure of natural gas to facilitate its transportation through pipelines or storage in underground facilities. This agreement serves as a legally binding document between the gas compressing service provider and the client, typically an energy company or a natural gas producer. It details the specific services to be provided, such as gas compression capacity, operating hours, maintenance obligations, and safety standards. There may be several types of Houston Texas Gas Compressing Agreement — Central Point, depending on the specific needs and requirements of the client. Some of these variations may include: 1. Short-term Gas Compressing Agreement: This type of agreement is typically established for a limited period, usually a few months to a year. It is ideal for temporary gas compression needs due to maintenance, pipeline repairs, or seasonal demands. 2. Long-term Gas Compressing Agreement: These agreements are established for an extended period, often several years, to meet long-term gas compression requirements. They are commonly chosen by energy companies or natural gas producers who require consistent and reliable compression services. 3. Exclusive Gas Compressing Agreement: In this type of agreement, the gas compression service provider grants exclusivity to the client, ensuring that only their gas is compressed at the central point. This can be beneficial for clients who prioritize reliability and prefer not to share compression facilities with other companies. 4. Multi-Party Gas Compressing Agreement: This agreement involves multiple parties, typically gas producers or energy companies, who collaboratively share the gas compression facilities at the central point. Each party agrees to contribute to the costs, maintenance, and operation of the compressing equipment. In conclusion, Houston Texas Gas Compressing Agreement — Central Point is a detailed contract that governs the provision of gas compression services in the central region of Houston, Texas. Different types of agreements exist depending on the duration, exclusivity, and involvement of multiple parties.
Houston Texas Gas Compressing Agreement — Central Point is a contract that outlines the terms and conditions of gas compression services in the central point of Houston, Texas. Gas compressing refers to the process of increasing the pressure of natural gas to facilitate its transportation through pipelines or storage in underground facilities. This agreement serves as a legally binding document between the gas compressing service provider and the client, typically an energy company or a natural gas producer. It details the specific services to be provided, such as gas compression capacity, operating hours, maintenance obligations, and safety standards. There may be several types of Houston Texas Gas Compressing Agreement — Central Point, depending on the specific needs and requirements of the client. Some of these variations may include: 1. Short-term Gas Compressing Agreement: This type of agreement is typically established for a limited period, usually a few months to a year. It is ideal for temporary gas compression needs due to maintenance, pipeline repairs, or seasonal demands. 2. Long-term Gas Compressing Agreement: These agreements are established for an extended period, often several years, to meet long-term gas compression requirements. They are commonly chosen by energy companies or natural gas producers who require consistent and reliable compression services. 3. Exclusive Gas Compressing Agreement: In this type of agreement, the gas compression service provider grants exclusivity to the client, ensuring that only their gas is compressed at the central point. This can be beneficial for clients who prioritize reliability and prefer not to share compression facilities with other companies. 4. Multi-Party Gas Compressing Agreement: This agreement involves multiple parties, typically gas producers or energy companies, who collaboratively share the gas compression facilities at the central point. Each party agrees to contribute to the costs, maintenance, and operation of the compressing equipment. In conclusion, Houston Texas Gas Compressing Agreement — Central Point is a detailed contract that governs the provision of gas compression services in the central region of Houston, Texas. Different types of agreements exist depending on the duration, exclusivity, and involvement of multiple parties.