This operating agreement exhibit provides that each party has the right to take in kind its share of gas produced from the Contract Area and market or otherwise dispose of its gas. In the event any party is not, at any time, taking or marketing its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which does not, at any time, take the full share of gas attributable to the interest of the party, then the terms of this agreement shall automatically become operative.
Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legally binding document that outlines the terms and conditions for gas balancing agreements in the state of Oregon. This agreement is designed to facilitate the efficient balancing of gas supplies and demand to ensure a consistent and reliable gas supply for consumers. The Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a standardized form that can be customized to suit the specific needs of gas suppliers and distributors operating in Oregon. It provides a framework for gas balancing activities, including the measurement, tracking, and settlement of gas imbalances. There are several types of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 that may be applicable in different situations: 1. Short-Term Gas Balancing Agreement: This type of agreement is used for short-duration gas balancing activities, typically for a specified period such as a day or a week. It allows gas suppliers and distributors to quickly adjust their supply and demand to maintain system stability and meet consumer needs. 2. Long-Term Gas Balancing Agreement: This agreement is designed for gas suppliers and distributors who engage in gas balancing activities on a long-term basis. It provides a more comprehensive framework for gas balancing, allowing parties to plan and execute gas supply adjustments in a strategic manner. 3. Interruptible Gas Balancing Agreement: This type of agreement is used when gas suppliers and distributors need to interrupt gas supply to certain customers during peak demand periods or emergency situations. It specifies the procedures, compensation, and notification requirements for interruptible gas balancing. 4. Firm Gas Balancing Agreement: This agreement is for gas suppliers and distributors who provide firm gas supply to customers under a fixed contract. It ensures that the gas supply remains consistent and reliable, with any imbalances being resolved in a timely manner. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial document for gas suppliers and distributors in Oregon. It aims to maintain gas system reliability, minimize imbalances, and ensure fair compensation for any gas supply adjustments. Parties involved in gas balancing activities should carefully review and understand the terms of this agreement to effectively manage gas supply and demand in Oregon.Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legally binding document that outlines the terms and conditions for gas balancing agreements in the state of Oregon. This agreement is designed to facilitate the efficient balancing of gas supplies and demand to ensure a consistent and reliable gas supply for consumers. The Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a standardized form that can be customized to suit the specific needs of gas suppliers and distributors operating in Oregon. It provides a framework for gas balancing activities, including the measurement, tracking, and settlement of gas imbalances. There are several types of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 that may be applicable in different situations: 1. Short-Term Gas Balancing Agreement: This type of agreement is used for short-duration gas balancing activities, typically for a specified period such as a day or a week. It allows gas suppliers and distributors to quickly adjust their supply and demand to maintain system stability and meet consumer needs. 2. Long-Term Gas Balancing Agreement: This agreement is designed for gas suppliers and distributors who engage in gas balancing activities on a long-term basis. It provides a more comprehensive framework for gas balancing, allowing parties to plan and execute gas supply adjustments in a strategic manner. 3. Interruptible Gas Balancing Agreement: This type of agreement is used when gas suppliers and distributors need to interrupt gas supply to certain customers during peak demand periods or emergency situations. It specifies the procedures, compensation, and notification requirements for interruptible gas balancing. 4. Firm Gas Balancing Agreement: This agreement is for gas suppliers and distributors who provide firm gas supply to customers under a fixed contract. It ensures that the gas supply remains consistent and reliable, with any imbalances being resolved in a timely manner. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial document for gas suppliers and distributors in Oregon. It aims to maintain gas system reliability, minimize imbalances, and ensure fair compensation for any gas supply adjustments. Parties involved in gas balancing activities should carefully review and understand the terms of this agreement to effectively manage gas supply and demand in Oregon.
