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.
Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a contractual document that is specifically designed to address gas balancing issues in the state of Oregon. This agreement is crucial for entities involved in the production, transmission, and distribution of natural gas in Oregon. The purpose of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is to establish a framework for balancing gas supplies and demands within Oregon's gas market. It outlines the responsibilities, rights, and obligations of the parties involved in gas balancing, helping to ensure an efficient and reliable supply of natural gas throughout the state. There are several types of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, each tailored to specific gas balancing scenarios. Some of these variations include: 1. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Producers: This type of agreement is intended for companies involved in the production and supply of natural gas in Oregon. It outlines the producer's responsibilities for maintaining a balance between gas production and customer demand. 2. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Transmission Companies: This agreement is designed for gas transmission companies responsible for transporting natural gas across the state. It defines the obligations and rights of these companies in balancing gas supplies and addressing any imbalances that may arise during transmission. 3. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Distribution Companies: This type of agreement focuses on the responsibilities of gas distribution companies in Oregon. It outlines their duties in ensuring an adequate supply of natural gas to residential, commercial, and industrial consumers, while also addressing gas balancing challenges within their distribution networks. Regardless of the specific type of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, all versions are aimed at promoting a reliable and efficient gas market in Oregon. These agreements play a crucial role in minimizing supply disruptions, managing gas imbalances, and ensuring a fair and equitable distribution of natural gas resources within the state.Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a contractual document that is specifically designed to address gas balancing issues in the state of Oregon. This agreement is crucial for entities involved in the production, transmission, and distribution of natural gas in Oregon. The purpose of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is to establish a framework for balancing gas supplies and demands within Oregon's gas market. It outlines the responsibilities, rights, and obligations of the parties involved in gas balancing, helping to ensure an efficient and reliable supply of natural gas throughout the state. There are several types of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, each tailored to specific gas balancing scenarios. Some of these variations include: 1. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Producers: This type of agreement is intended for companies involved in the production and supply of natural gas in Oregon. It outlines the producer's responsibilities for maintaining a balance between gas production and customer demand. 2. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Transmission Companies: This agreement is designed for gas transmission companies responsible for transporting natural gas across the state. It defines the obligations and rights of these companies in balancing gas supplies and addressing any imbalances that may arise during transmission. 3. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Distribution Companies: This type of agreement focuses on the responsibilities of gas distribution companies in Oregon. It outlines their duties in ensuring an adequate supply of natural gas to residential, commercial, and industrial consumers, while also addressing gas balancing challenges within their distribution networks. Regardless of the specific type of Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, all versions are aimed at promoting a reliable and efficient gas market in Oregon. These agreements play a crucial role in minimizing supply disruptions, managing gas imbalances, and ensuring a fair and equitable distribution of natural gas resources within the state.