This operating agreement exhibit takes effect if any party takes and disposes of less than its percentage interest share of gas (including casinghead gas) produced and saved during any calendar month. The volume not taken by that party may be taken by any other party or parties.
Bexar County, Texas is a county located in the U.S. state of Texas. Within Bexar County, there is a contract known as Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4. This agreement specifically pertains to gas balancing between parties involved. The Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal document that outlines the terms and conditions for balancing gas operations in Bexar County, Texas. This agreement is commonly used in the oil and gas industry to ensure fair and accurate distribution of gas resources among different parties involved in gas operations. The purpose of this agreement is to establish guidelines and procedures for measuring, allocating, and reconciling gas production and usage among the parties involved. It ensures that each party receives their fair share of the gas resources produced in Bexar County, Texas. There may be different types or variations of the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, depending on the specific gas operations and parties involved. Some variations may include additional clauses or provisions tailored to the unique circumstances of the gas operations in Bexar County, Texas. It is important for all parties involved to carefully review and understand the terms specified in the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4. This document typically covers aspects such as production measurement, gas allocations, balancing procedures, settlement processes, and dispute resolution mechanisms. By adhering to the provisions of the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, all parties involved can ensure a transparent and efficient gas balancing process. This agreement serves as a legally binding contract that protects the rights and interests of the parties involved in gas operations in Bexar County, Texas. In summary, the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a crucial document for maintaining fair and accurate gas resource distribution in Bexar County, Texas. It provides guidelines and procedures for measuring, allocating, and reconciling gas production and usage among the parties involved in gas operations.Bexar County, Texas is a county located in the U.S. state of Texas. Within Bexar County, there is a contract known as Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4. This agreement specifically pertains to gas balancing between parties involved. The Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal document that outlines the terms and conditions for balancing gas operations in Bexar County, Texas. This agreement is commonly used in the oil and gas industry to ensure fair and accurate distribution of gas resources among different parties involved in gas operations. The purpose of this agreement is to establish guidelines and procedures for measuring, allocating, and reconciling gas production and usage among the parties involved. It ensures that each party receives their fair share of the gas resources produced in Bexar County, Texas. There may be different types or variations of the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, depending on the specific gas operations and parties involved. Some variations may include additional clauses or provisions tailored to the unique circumstances of the gas operations in Bexar County, Texas. It is important for all parties involved to carefully review and understand the terms specified in the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4. This document typically covers aspects such as production measurement, gas allocations, balancing procedures, settlement processes, and dispute resolution mechanisms. By adhering to the provisions of the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, all parties involved can ensure a transparent and efficient gas balancing process. This agreement serves as a legally binding contract that protects the rights and interests of the parties involved in gas operations in Bexar County, Texas. In summary, the Bexar Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a crucial document for maintaining fair and accurate gas resource distribution in Bexar County, Texas. It provides guidelines and procedures for measuring, allocating, and reconciling gas production and usage among the parties involved in gas operations.
