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.
Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the details and terms of gas balancing agreements in relation to operating agreements. It specifically pertains to gas balancing practices within the state of Nebraska. Nebraska Exhibit E is an important component of the overall operating agreement and plays a crucial role in ensuring fair and efficient gas balancing operations for all parties involved. The purpose of Nebraska Exhibit E is to establish clear guidelines and procedures for gas balancing activities, including measurement, allocation, and settlement of gas imbalances. It defines the responsibilities, rights, and obligations of the parties involved, such as the gas producers, pipeline operators, and purchasers. The agreement helps maintain a fair and equitable system for managing gas imbalances and ensures smooth operations within the Nebraska gas industry. Keywords: Nebraska Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 3, gas balancing practices, gas imbalances, measurement, allocation, settlement, gas producers, pipeline operators, purchasers, gas industry, guidelines, procedures, responsibilities, rights, obligations. Different types of Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may include variations based on specific gas fields, operators, or stakeholders involved. For example: 1. Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Natural Gas Field A: This particular type of Exhibit E may focus on gas balancing practices and regulations specific to Natural Gas Field A in Nebraska. It may contain additional provisions tailored to the unique characteristics and demands of the field. 2. Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Pipeline Operator B: This type of Exhibit E may outline gas balancing procedures from the perspective of Pipeline Operator B. It may include specific clauses pertaining to the responsibilities and obligations of this operator in managing gas imbalances and ensuring smooth gas transportation. 3. Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Purchase Agreement C: This variation of Exhibit E may concentrate on gas balancing aspects related to a specific gas purchase agreement between a producer and a purchaser. It may include clauses addressing the measurement, allocation, and settlement of gas imbalances based on the terms of the purchase agreement. Please note that these examples are purely hypothetical, and the specific variations of Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may vary depending on the parties involved and the unique circumstances of each agreement.Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the details and terms of gas balancing agreements in relation to operating agreements. It specifically pertains to gas balancing practices within the state of Nebraska. Nebraska Exhibit E is an important component of the overall operating agreement and plays a crucial role in ensuring fair and efficient gas balancing operations for all parties involved. The purpose of Nebraska Exhibit E is to establish clear guidelines and procedures for gas balancing activities, including measurement, allocation, and settlement of gas imbalances. It defines the responsibilities, rights, and obligations of the parties involved, such as the gas producers, pipeline operators, and purchasers. The agreement helps maintain a fair and equitable system for managing gas imbalances and ensures smooth operations within the Nebraska gas industry. Keywords: Nebraska Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 3, gas balancing practices, gas imbalances, measurement, allocation, settlement, gas producers, pipeline operators, purchasers, gas industry, guidelines, procedures, responsibilities, rights, obligations. Different types of Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may include variations based on specific gas fields, operators, or stakeholders involved. For example: 1. Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Natural Gas Field A: This particular type of Exhibit E may focus on gas balancing practices and regulations specific to Natural Gas Field A in Nebraska. It may contain additional provisions tailored to the unique characteristics and demands of the field. 2. Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Pipeline Operator B: This type of Exhibit E may outline gas balancing procedures from the perspective of Pipeline Operator B. It may include specific clauses pertaining to the responsibilities and obligations of this operator in managing gas imbalances and ensuring smooth gas transportation. 3. Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Purchase Agreement C: This variation of Exhibit E may concentrate on gas balancing aspects related to a specific gas purchase agreement between a producer and a purchaser. It may include clauses addressing the measurement, allocation, and settlement of gas imbalances based on the terms of the purchase agreement. Please note that these examples are purely hypothetical, and the specific variations of Nebraska Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may vary depending on the parties involved and the unique circumstances of each agreement.
