Harris Texas Natural Gas Inventory Forward Sale Contract

• Category: Corporations - Public - Sales
• State: Multi-State
• County: Harris
• Control #: US-EG-9211
• Format: Word; Rich Text

Description

Natural Gas Inventory Forward Sale Contract between EEX Operating, LLC, E&P Company, LP and Bob West Treasure, LLC regarding the sale and purchase of natural gas dated December 17, 1999. 31 pages. The Harris Texas Natural Gas Inventory Forward Sale Contract is a specific type of financial agreement used in the natural gas industry. It is designed to facilitate the sale and purchase of natural gas inventories in the Harris area of Texas, United States. This forward sale contract allows buyers and sellers to agree upon future transactions for the delivery and sale of natural gas inventories. The contract specifies the quantity, quality, and price of the natural gas to be transacted at a predetermined future date, usually within a specified delivery period. These contracts are commonly used in the energy sector to mitigate and manage potential price volatility and supply chain uncertainties. The Harris Texas Natural Gas Inventory Forward Sale Contract enables producers, marketers, and other industry players to secure their natural gas supply and eliminate the risk associated with fluctuating market conditions. There are different types of Harris Texas Natural Gas Inventory Forward Sale Contracts available, tailored to meet the specific needs of buyers and sellers. These variations are often categorized based on the duration or term of the contract, the specific natural gas inventory involved, or the pricing mechanism used. One type of Harris Texas Natural Gas Inventory Forward Sale Contract is a short-term contract, which typically covers a delivery period of up to one year. Short-term contracts are commonly used by market participants who require immediate or near-term natural gas supply. Another type is a long-term contract, which extends beyond one year and can span several years or even decades. Long-term contracts are often used by industrial consumers, power plants, or other entities that require a stable and secure supply of natural gas over an extended period. Additionally, there are Harris Texas Natural Gas Inventory Forward Sale Contracts that focus on specific natural gas inventories. These contracts could be based on the inventory held in underground storage facilities, liquefied natural gas (LNG) terminals, or pipelines connected to the Harris area. Furthermore, the pricing mechanism used in these contracts can vary. Some contracts may specify a fixed price throughout the contract duration, while others may be linked to market indexes, such as the Henry Hub price or the NYMEX natural gas futures price. In summary, the Harris Texas Natural Gas Inventory Forward Sale Contract is an agreement that facilitates the sale and purchase of natural gas inventories within the Harris area of Texas. It enables market players to secure supply, manage price risks, and ensure a smooth flow of natural gas in the energy market. Different variations of these contracts exist, including short-term and long-term contracts, contracts based on specific inventories, and contracts with various pricing mechanisms.

The Harris Texas Natural Gas Inventory Forward Sale Contract is a specific type of financial agreement used in the natural gas industry. It is designed to facilitate the sale and purchase of natural gas inventories in the Harris area of Texas, United States. This forward sale contract allows buyers and sellers to agree upon future transactions for the delivery and sale of natural gas inventories. The contract specifies the quantity, quality, and price of the natural gas to be transacted at a predetermined future date, usually within a specified delivery period. These contracts are commonly used in the energy sector to mitigate and manage potential price volatility and supply chain uncertainties. The Harris Texas Natural Gas Inventory Forward Sale Contract enables producers, marketers, and other industry players to secure their natural gas supply and eliminate the risk associated with fluctuating market conditions. There are different types of Harris Texas Natural Gas Inventory Forward Sale Contracts available, tailored to meet the specific needs of buyers and sellers. These variations are often categorized based on the duration or term of the contract, the specific natural gas inventory involved, or the pricing mechanism used. One type of Harris Texas Natural Gas Inventory Forward Sale Contract is a short-term contract, which typically covers a delivery period of up to one year. Short-term contracts are commonly used by market participants who require immediate or near-term natural gas supply. Another type is a long-term contract, which extends beyond one year and can span several years or even decades. Long-term contracts are often used by industrial consumers, power plants, or other entities that require a stable and secure supply of natural gas over an extended period. Additionally, there are Harris Texas Natural Gas Inventory Forward Sale Contracts that focus on specific natural gas inventories. These contracts could be based on the inventory held in underground storage facilities, liquefied natural gas (LNG) terminals, or pipelines connected to the Harris area. Furthermore, the pricing mechanism used in these contracts can vary. Some contracts may specify a fixed price throughout the contract duration, while others may be linked to market indexes, such as the Henry Hub price or the NYMEX natural gas futures price. In summary, the Harris Texas Natural Gas Inventory Forward Sale Contract is an agreement that facilitates the sale and purchase of natural gas inventories within the Harris area of Texas. It enables market players to secure supply, manage price risks, and ensure a smooth flow of natural gas in the energy market. Different variations of these contracts exist, including short-term and long-term contracts, contracts based on specific inventories, and contracts with various pricing mechanisms.