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.
Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the terms and conditions for gas balancing agreements in Rhode Island. This agreement is crucial for ensuring the proper functioning and maintenance of gas infrastructure in the state. The purpose of Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is to establish a framework for gas balancing, which involves the management, control, and measurement of gas flows within the state's gas distribution systems. This document ensures that the gas delivered to customers meets the required quality and quantity standards while maintaining operational efficiency. There may be different types or variations of Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, depending on the specific circumstances or requirements of gas balancing agreements in different areas within Rhode Island. These variations might include: 1. Urban Gas Balancing Agreement: This agreement may apply specifically to gas balancing in urban areas with high population density and significant gas demand. It may involve different considerations and provisions compared to agreements for rural or suburban areas. 2. Rural Gas Balancing Agreement: This agreement may focus on the gas balancing requirements and challenges faced in rural areas, where gas infrastructure and demand may be less extensive. It may address unique concerns related to gas transport, measurement, and distribution within sparsely populated regions. 3. Industrial Gas Balancing Agreement: This type of agreement could be specific to gas balancing in industrial zones or areas with large-scale gas-consuming facilities such as factories, power plants, or refineries. It may contain additional provisions or considerations related to the unique gas supply needs of industrial operations. 4. Residential Gas Balancing Agreement: This agreement may be tailored to address gas balancing issues pertaining to residential areas and households. It might include provisions related to metering, billing, and customer rights and responsibilities. Regardless of the specific type or variation, Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is designed to ensure the fair distribution of gas, promote effective management of gas supply and demand, and maintain the reliability and safety of the gas distribution system in Rhode Island. It helps to establish clear guidelines for gas balancing between suppliers, distribution companies, and end-users, allowing for smooth operations and transparent accountability.Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the terms and conditions for gas balancing agreements in Rhode Island. This agreement is crucial for ensuring the proper functioning and maintenance of gas infrastructure in the state. The purpose of Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is to establish a framework for gas balancing, which involves the management, control, and measurement of gas flows within the state's gas distribution systems. This document ensures that the gas delivered to customers meets the required quality and quantity standards while maintaining operational efficiency. There may be different types or variations of Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, depending on the specific circumstances or requirements of gas balancing agreements in different areas within Rhode Island. These variations might include: 1. Urban Gas Balancing Agreement: This agreement may apply specifically to gas balancing in urban areas with high population density and significant gas demand. It may involve different considerations and provisions compared to agreements for rural or suburban areas. 2. Rural Gas Balancing Agreement: This agreement may focus on the gas balancing requirements and challenges faced in rural areas, where gas infrastructure and demand may be less extensive. It may address unique concerns related to gas transport, measurement, and distribution within sparsely populated regions. 3. Industrial Gas Balancing Agreement: This type of agreement could be specific to gas balancing in industrial zones or areas with large-scale gas-consuming facilities such as factories, power plants, or refineries. It may contain additional provisions or considerations related to the unique gas supply needs of industrial operations. 4. Residential Gas Balancing Agreement: This agreement may be tailored to address gas balancing issues pertaining to residential areas and households. It might include provisions related to metering, billing, and customer rights and responsibilities. Regardless of the specific type or variation, Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is designed to ensure the fair distribution of gas, promote effective management of gas supply and demand, and maintain the reliability and safety of the gas distribution system in Rhode Island. It helps to establish clear guidelines for gas balancing between suppliers, distribution companies, and end-users, allowing for smooth operations and transparent accountability.
