Oregon 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. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a crucial document that outlines the terms and conditions related to gas balancing agreements in the state of Oregon. This exhibit is an essential component of the overall operating agreement, providing a comprehensive framework for gas balancing activities between parties involved in the gas industry. Gas balancing agreements are essential for maintaining the stability and reliability of gas supply in Oregon. Through these agreements, gas producers, operators, and transportation companies coordinate their activities to ensure that gas is efficiently produced, transported, and delivered to meet the demands of consumers across the state. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 outlines the specific terms and provisions related to gas balancing activities. It includes details regarding gas measurement, accounting, and allocation methodologies to maintain proper gas balance among the parties involved. This exhibit also sets out procedures for resolving any imbalances that may arise, such as through gas injection or withdrawal, which help to maintain gas supply and avoid any disruptions. It also outlines the responsibilities and obligations of each party, including reporting requirements and the calculation of penalties for any imbalances that exceed predetermined thresholds. In addition to the standard Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5, there may be variations or alternative versions based on specific circumstances or agreements between parties. These variations could include specific provisions for unconventional gas resources, such as shale gas, or additional requirements for environmental compliance and sustainability. Overall, the Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a comprehensive document that governs the gas balancing activities within the state of Oregon, ensuring the efficient and reliable supply of gas to consumers. It establishes a clear framework for gas producers, operators, and transportation companies to work together and maintain equilibrium in the gas market.

Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a crucial document that outlines the terms and conditions related to gas balancing agreements in the state of Oregon. This exhibit is an essential component of the overall operating agreement, providing a comprehensive framework for gas balancing activities between parties involved in the gas industry. Gas balancing agreements are essential for maintaining the stability and reliability of gas supply in Oregon. Through these agreements, gas producers, operators, and transportation companies coordinate their activities to ensure that gas is efficiently produced, transported, and delivered to meet the demands of consumers across the state. Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 outlines the specific terms and provisions related to gas balancing activities. It includes details regarding gas measurement, accounting, and allocation methodologies to maintain proper gas balance among the parties involved. This exhibit also sets out procedures for resolving any imbalances that may arise, such as through gas injection or withdrawal, which help to maintain gas supply and avoid any disruptions. It also outlines the responsibilities and obligations of each party, including reporting requirements and the calculation of penalties for any imbalances that exceed predetermined thresholds. In addition to the standard Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5, there may be variations or alternative versions based on specific circumstances or agreements between parties. These variations could include specific provisions for unconventional gas resources, such as shale gas, or additional requirements for environmental compliance and sustainability. Overall, the Oregon Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a comprehensive document that governs the gas balancing activities within the state of Oregon, ensuring the efficient and reliable supply of gas to consumers. It establishes a clear framework for gas producers, operators, and transportation companies to work together and maintain equilibrium in the gas market.