This operating agreement exhibit states the intent of the Parties that each Party shall have the right to take in kind and separately dispose of its proportionate share of gas (including casinghead gas) produced from each formation in each well located on the acreage (the "Contract Area") covered by the Operating Agreement.
Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the specific terms and conditions relating to gas balancing within an operating agreement in Massachusetts. It provides a framework for managing and allocating the supply and distribution of gas among the parties involved. This agreement ensures compliance with state regulations and promotes fair and efficient gas operations. The Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 includes several key provisions, addressing various aspects of gas balancing. These provisions cover topics such as gas measurement, allocation methods, penalties for imbalances, dispute resolution mechanisms, and termination procedures. The agreement aims to establish a transparent and collaborative approach to gas balancing while protecting the interests of all parties involved. There are different types of Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, tailored for specific industries or circumstances. These variations may include: 1. Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Distribution Companies: This version of the agreement is specifically designed for gas distribution companies operating in Massachusetts. It may include additional provisions related to customer service, metering, and rate setting. 2. Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Producers: This version caters to gas producers or suppliers in Massachusetts. It may focus on provisions related to gas extraction, transportation, and delivery to end-users. 3. Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Pipeline Operators: This variant is specifically tailored for pipeline operators involved in gas transportation within Massachusetts. It may emphasize provisions related to safe and efficient pipeline operations, maintenance, and emergency response protocols. Regardless of the specific type, the Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 serves as a crucial legal instrument in ensuring the smooth flow and equitable distribution of gas resources within the state. It sets the guidelines for collaboration, transparency, and accountability among the parties involved, establishing a solid foundation for the effective management of gas balancing activities.Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the specific terms and conditions relating to gas balancing within an operating agreement in Massachusetts. It provides a framework for managing and allocating the supply and distribution of gas among the parties involved. This agreement ensures compliance with state regulations and promotes fair and efficient gas operations. The Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 includes several key provisions, addressing various aspects of gas balancing. These provisions cover topics such as gas measurement, allocation methods, penalties for imbalances, dispute resolution mechanisms, and termination procedures. The agreement aims to establish a transparent and collaborative approach to gas balancing while protecting the interests of all parties involved. There are different types of Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, tailored for specific industries or circumstances. These variations may include: 1. Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Distribution Companies: This version of the agreement is specifically designed for gas distribution companies operating in Massachusetts. It may include additional provisions related to customer service, metering, and rate setting. 2. Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Producers: This version caters to gas producers or suppliers in Massachusetts. It may focus on provisions related to gas extraction, transportation, and delivery to end-users. 3. Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Pipeline Operators: This variant is specifically tailored for pipeline operators involved in gas transportation within Massachusetts. It may emphasize provisions related to safe and efficient pipeline operations, maintenance, and emergency response protocols. Regardless of the specific type, the Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 serves as a crucial legal instrument in ensuring the smooth flow and equitable distribution of gas resources within the state. It sets the guidelines for collaboration, transparency, and accountability among the parties involved, establishing a solid foundation for the effective management of gas balancing activities.
