This form is used for the purposes of more effectively developing, producing, and operating the Unit Area in order to prevent surface and underground waste, and obtain the greatest ultimate recovery of production of oil and gas, promote conservation, and to afford each of the Parties the right to recover their fair and equitable share of the production to be obtained from the Unit Area, or to receive the attributable proceeds of such production.
Contra Costa California Gas Storage and Secondary Recovery Unit Agreement refers to a contractual agreement that governs the storage and secondary recovery of natural gas in Contra Costa County, California. This agreement outlines the terms and conditions that govern the use, maintenance, and operation of the gas storage and secondary recovery units within this region. The Contra Costa California Gas Storage and Secondary Recovery Unit Agreement allows for the safe and efficient storage and significant recovery of natural gas. The gas storage units are designed to store excess natural gas during times of low demand, ensuring a stable and reliable gas supply for consumers during peak periods or unexpected supply disruptions. Within this agreement, there may be different types of Contra Costa California Gas Storage and Secondary Recovery Unit Agreements, depending on specific factors such as capacity, location, ownership, and operational requirements. Examples of these agreements may include: 1. Commercial Gas Storage Agreement: This type of agreement is entered into between the gas storage facility owner/operator and commercial entities such as gas utilities, power plants, or industrial consumers. It governs the terms and conditions for the supply, injection, and withdrawal of natural gas from the storage units, including pricing, volume limits, and duration of the agreement. 2. Customized Storage Agreement: This agreement is tailored to meet the specific needs of a particular gas consumer or group of consumers. It allows for customized terms and conditions related to gas injection, withdrawal schedules, priority access, and other operational requirements, enabling the consumer(s) to optimize their gas supply and manage their costs effectively. 3. Secondary Recovery Unit Agreement: In addition to gas storage, Contra Costa California might have secondary recovery units incorporated within the agreement. This agreement typically involves the extraction of additional natural gas reserves from underground formations through enhanced recovery techniques, such as injection of water, steam, or other substances. The terms, rights, and responsibilities related to secondary recovery operations are outlined in this specific agreement. The Contra Costa California Gas Storage and Secondary Recovery Unit Agreement is crucial for balancing the demand and supply of natural gas, ensuring reliable energy supply, mitigating price volatility, and supporting the overall stability of the gas market in the region. It embodies the collaborative efforts between gas storage facility owners/operators and gas consumers, enabling mutual benefits and contributing to the energy infrastructure in Contra Costa County.Contra Costa California Gas Storage and Secondary Recovery Unit Agreement refers to a contractual agreement that governs the storage and secondary recovery of natural gas in Contra Costa County, California. This agreement outlines the terms and conditions that govern the use, maintenance, and operation of the gas storage and secondary recovery units within this region. The Contra Costa California Gas Storage and Secondary Recovery Unit Agreement allows for the safe and efficient storage and significant recovery of natural gas. The gas storage units are designed to store excess natural gas during times of low demand, ensuring a stable and reliable gas supply for consumers during peak periods or unexpected supply disruptions. Within this agreement, there may be different types of Contra Costa California Gas Storage and Secondary Recovery Unit Agreements, depending on specific factors such as capacity, location, ownership, and operational requirements. Examples of these agreements may include: 1. Commercial Gas Storage Agreement: This type of agreement is entered into between the gas storage facility owner/operator and commercial entities such as gas utilities, power plants, or industrial consumers. It governs the terms and conditions for the supply, injection, and withdrawal of natural gas from the storage units, including pricing, volume limits, and duration of the agreement. 2. Customized Storage Agreement: This agreement is tailored to meet the specific needs of a particular gas consumer or group of consumers. It allows for customized terms and conditions related to gas injection, withdrawal schedules, priority access, and other operational requirements, enabling the consumer(s) to optimize their gas supply and manage their costs effectively. 3. Secondary Recovery Unit Agreement: In addition to gas storage, Contra Costa California might have secondary recovery units incorporated within the agreement. This agreement typically involves the extraction of additional natural gas reserves from underground formations through enhanced recovery techniques, such as injection of water, steam, or other substances. The terms, rights, and responsibilities related to secondary recovery operations are outlined in this specific agreement. The Contra Costa California Gas Storage and Secondary Recovery Unit Agreement is crucial for balancing the demand and supply of natural gas, ensuring reliable energy supply, mitigating price volatility, and supporting the overall stability of the gas market in the region. It embodies the collaborative efforts between gas storage facility owners/operators and gas consumers, enabling mutual benefits and contributing to the energy infrastructure in Contra Costa County.
