District of Columbia Exhibit E to Operating Agreement Gas Balancing Agreement - Form 5

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• Control #: US-OG-749
• Format: Word; Rich Text

Description

This operating agreement exhibit is a gas balancing agreement that contains information about ownership and Disposable Production of Gas in kind. The District of Columbia Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is an essential document that outlines the specific terms and conditions related to gas balancing agreements within the District of Columbia jurisdiction. This document serves as an addendum to the Operating Agreement Gas Balancing Agreement — Form 5, providing additional details pertinent to gas balancing operations in the District of Columbia. The purpose of the District of Columbia Exhibit E is to address the unique requirements and regulations set forth by the District of Columbia governing bodies, ensuring compliance and facilitating smooth gas balancing operations within this jurisdiction. Key provisions covered in the District of Columbia Exhibit E may include: 1. Gas Balancing Procedures: This section outlines the specific procedures that need to be followed for gas balancing activities within the District of Columbia. It may include details regarding gas nominations, delivery and receipt points, measurement and calculation methodologies, penalties for imbalances, and dispute resolution mechanisms. 2. Reporting and Record-Keeping: The District of Columbia Exhibit E may establish requirements for reporting and record-keeping related to gas balancing operations. This may include the frequency and content of reports, documents to be maintained, and any specific record retention periods mandated by the District of Columbia authorities. 3. Compliance with Regulatory Standards: In order to ensure compliance with the regulations set forth by the District of Columbia bodies, this exhibit may outline specific requirements that must be met by the parties involved in gas balancing operations. It may cover topics such as environmental standards, safety regulations, and licensing requirements. By tailoring the Operating Agreement Gas Balancing Agreement — Form 5 to the District of Columbia jurisdiction through Exhibit E, it ensures that all parties involved in gas balancing operations within this district are aware of and abide by the specific rules and regulations unique to the region. Different types of District of Columbia Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 may be categorized based on the different regulatory requirements in various gas supply areas within the District of Columbia jurisdiction. For instance, if there are distinct regulations for different gas supply zones or if certain regions have specific environmental or safety requirements, these variations may require separate versions of the District of Columbia Exhibit E to address the specific needs of each area.

The District of Columbia Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is an essential document that outlines the specific terms and conditions related to gas balancing agreements within the District of Columbia jurisdiction. This document serves as an addendum to the Operating Agreement Gas Balancing Agreement — Form 5, providing additional details pertinent to gas balancing operations in the District of Columbia. The purpose of the District of Columbia Exhibit E is to address the unique requirements and regulations set forth by the District of Columbia governing bodies, ensuring compliance and facilitating smooth gas balancing operations within this jurisdiction. Key provisions covered in the District of Columbia Exhibit E may include: 1. Gas Balancing Procedures: This section outlines the specific procedures that need to be followed for gas balancing activities within the District of Columbia. It may include details regarding gas nominations, delivery and receipt points, measurement and calculation methodologies, penalties for imbalances, and dispute resolution mechanisms. 2. Reporting and Record-Keeping: The District of Columbia Exhibit E may establish requirements for reporting and record-keeping related to gas balancing operations. This may include the frequency and content of reports, documents to be maintained, and any specific record retention periods mandated by the District of Columbia authorities. 3. Compliance with Regulatory Standards: In order to ensure compliance with the regulations set forth by the District of Columbia bodies, this exhibit may outline specific requirements that must be met by the parties involved in gas balancing operations. It may cover topics such as environmental standards, safety regulations, and licensing requirements. By tailoring the Operating Agreement Gas Balancing Agreement — Form 5 to the District of Columbia jurisdiction through Exhibit E, it ensures that all parties involved in gas balancing operations within this district are aware of and abide by the specific rules and regulations unique to the region. Different types of District of Columbia Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 may be categorized based on the different regulatory requirements in various gas supply areas within the District of Columbia jurisdiction. For instance, if there are distinct regulations for different gas supply zones or if certain regions have specific environmental or safety requirements, these variations may require separate versions of the District of Columbia Exhibit E to address the specific needs of each area.