Kings New York Agreement For Payment on Casinghead Gas Between Gas Purchaser and Lease Operator

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Kings
• Control #: US-OG-241
• Format: Word; Rich Text

Description

This form is a contract entered into by the Purchaser and Operator for the purchase and sale of casinghead gas produced from the lands and leases described in the contract. The Kings New York Agreement for Payment on Casing head Gas is a vital legal document that outlines the agreed terms of payment between the gas purchaser and the lease operator for the extraction and sale of casing head gas. Casing head gas refers to natural gas that is produced along with oil during the drilling process. This agreement ensures that both parties are on the same page regarding the pricing, payment terms, and obligations associated with the sale of casing head gas. Keywords: Kings New York Agreement, Payment on Casing head Gas, Gas Purchaser, Lease Operator, legal document, extraction, sale, natural gas, oil, drilling process, pricing, payment terms, obligations. In addition to the basic Kings New York Agreement for Payment on Casing head Gas, there might be several specific types based on the nature of the agreement or additional provisions included: 1. Kings New York Agreement for Payment on Casing head Gas — Standard: This refers to the basic agreement that outlines the general terms of payment, pricing, and obligations between the gas purchaser and lease operator for casing head gas. 2. Kings New York Agreement for Payment on Casing head Gas — Pricing Schedule: This type of agreement includes a detailed pricing schedule that outlines the specific rates or formulas to determine the price of the casing head gas based on factors such as market conditions, quality, volume, or other specified parameters. 3. Kings New York Agreement for Payment on Casing head Gas — Royalties: This type of agreement focuses on the payment of royalties, which are contractual payments made to the lease operator or mineral rights owner based on a percentage of the value of the casing head gas produced. It outlines the calculation method, timing, and other pertinent details regarding the royalty payments. 4. Kings New York Agreement for Payment on Casing head Gas — Transportation: In cases where transportation of casing head gas is required, this agreement includes provisions related to the transportation logistics, responsibilities, costs, and any other specific requirements for the movement of the gas from the lease operator's site to the purchaser's designated location. 5. Kings New York Agreement for Payment on Casing head Gas — Termination: This specialized agreement addresses the process and conditions for terminating the agreement, including circumstances where either party fails to meet their contractual obligations, disputes arise, or other unforeseen events occur, allowing for the smooth resolution or termination of the agreement. It is important for both parties involved to carefully review and understand the specific type of Kings New York Agreement for Payment on Casing head Gas they are entering into, ensuring that their rights, responsibilities, and payment terms align accurately with their mutual interests.

The Kings New York Agreement for Payment on Casing head Gas is a vital legal document that outlines the agreed terms of payment between the gas purchaser and the lease operator for the extraction and sale of casing head gas. Casing head gas refers to natural gas that is produced along with oil during the drilling process. This agreement ensures that both parties are on the same page regarding the pricing, payment terms, and obligations associated with the sale of casing head gas. Keywords: Kings New York Agreement, Payment on Casing head Gas, Gas Purchaser, Lease Operator, legal document, extraction, sale, natural gas, oil, drilling process, pricing, payment terms, obligations. In addition to the basic Kings New York Agreement for Payment on Casing head Gas, there might be several specific types based on the nature of the agreement or additional provisions included: 1. Kings New York Agreement for Payment on Casing head Gas — Standard: This refers to the basic agreement that outlines the general terms of payment, pricing, and obligations between the gas purchaser and lease operator for casing head gas. 2. Kings New York Agreement for Payment on Casing head Gas — Pricing Schedule: This type of agreement includes a detailed pricing schedule that outlines the specific rates or formulas to determine the price of the casing head gas based on factors such as market conditions, quality, volume, or other specified parameters. 3. Kings New York Agreement for Payment on Casing head Gas — Royalties: This type of agreement focuses on the payment of royalties, which are contractual payments made to the lease operator or mineral rights owner based on a percentage of the value of the casing head gas produced. It outlines the calculation method, timing, and other pertinent details regarding the royalty payments. 4. Kings New York Agreement for Payment on Casing head Gas — Transportation: In cases where transportation of casing head gas is required, this agreement includes provisions related to the transportation logistics, responsibilities, costs, and any other specific requirements for the movement of the gas from the lease operator's site to the purchaser's designated location. 5. Kings New York Agreement for Payment on Casing head Gas — Termination: This specialized agreement addresses the process and conditions for terminating the agreement, including circumstances where either party fails to meet their contractual obligations, disputes arise, or other unforeseen events occur, allowing for the smooth resolution or termination of the agreement. It is important for both parties involved to carefully review and understand the specific type of Kings New York Agreement for Payment on Casing head Gas they are entering into, ensuring that their rights, responsibilities, and payment terms align accurately with their mutual interests.