Nassau New York Gas Compressing Agreement - Central Point

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Nassau
• Control #: US-OG-231
• Format: Word; Rich Text

Description

This form is used by Company in the business of owning and operating gas compression equipment and facilities. For the consideration provided and the mutual benefits to be derived, Customer and Company enter into this Agreement providing for the compression, by Company, of Customer's gas produced from the Leases. Nassau New York Gas Compressing Agreement — Central Point is a legally binding agreement that governs the compression of natural gas in the Nassau region of New York. This agreement outlines the terms and conditions for the operation, maintenance, and use of gas compressing facilities located in the Central Point area. The Nassau New York Gas Compressing Agreement — Central Point is designed to ensure the smooth and efficient operation of gas compressing equipment, which plays a crucial role in the transportation and distribution of natural gas throughout the region. The agreement aims to facilitate the seamless flow of gas, promote safety standards, and protect the interests of all parties involved. Key components of the agreement may include the definition of the parties involved, such as the gas compressing facility owners, gas suppliers, and relevant regulatory authorities. It also encompasses provisions regarding the ownership and maintenance of compressors, safety protocols, compliance with environmental regulations, testing and inspection procedures, and dispute resolution mechanisms. Different types of Nassau New York Gas Compressing Agreements — Central Point can include variations based on specific facilities, operational requirements, or contractual arrangements. Some examples may include: 1. Long-term Gas Compressing Agreement: This type of agreement typically spans several years and ensures a stable and consistent gas compression service, allowing gas suppliers and distributors to plan their operations and investments accordingly. 2. Short-term/Spot Gas Compressing Agreement: In contrast to the long-term agreement, this type of agreement is more flexible and allows for short-term usage of compressing facilities. It is suitable for scenarios where supplemental gas compression is required to meet temporary spikes in demand or to address maintenance or repair-related challenges. 3. Multi-party Gas Compressing Agreement: This agreement involves multiple parties, such as independent gas producers, midstream companies, and gas distributors, who collaboratively utilize a centralized compressing facility to optimize resource sharing and cost-efficiency. 4. Capacity Reservation Gas Compressing Agreement: This type of agreement allows a gas distributor or supplier to reserve a certain amount of gas compression capacity in advance, ensuring dedicated access to compressing facilities even during times of high demand. It's important to note that the actual names and variations of Nassau New York Gas Compressing Agreements — Central Point may differ based on specific contracts and industry terminology. However, the core purpose remains the same — to establish clear guidelines and responsibilities for gas compression operations in the Nassau region of New York.

Nassau New York Gas Compressing Agreement — Central Point is a legally binding agreement that governs the compression of natural gas in the Nassau region of New York. This agreement outlines the terms and conditions for the operation, maintenance, and use of gas compressing facilities located in the Central Point area. The Nassau New York Gas Compressing Agreement — Central Point is designed to ensure the smooth and efficient operation of gas compressing equipment, which plays a crucial role in the transportation and distribution of natural gas throughout the region. The agreement aims to facilitate the seamless flow of gas, promote safety standards, and protect the interests of all parties involved. Key components of the agreement may include the definition of the parties involved, such as the gas compressing facility owners, gas suppliers, and relevant regulatory authorities. It also encompasses provisions regarding the ownership and maintenance of compressors, safety protocols, compliance with environmental regulations, testing and inspection procedures, and dispute resolution mechanisms. Different types of Nassau New York Gas Compressing Agreements — Central Point can include variations based on specific facilities, operational requirements, or contractual arrangements. Some examples may include: 1. Long-term Gas Compressing Agreement: This type of agreement typically spans several years and ensures a stable and consistent gas compression service, allowing gas suppliers and distributors to plan their operations and investments accordingly. 2. Short-term/Spot Gas Compressing Agreement: In contrast to the long-term agreement, this type of agreement is more flexible and allows for short-term usage of compressing facilities. It is suitable for scenarios where supplemental gas compression is required to meet temporary spikes in demand or to address maintenance or repair-related challenges. 3. Multi-party Gas Compressing Agreement: This agreement involves multiple parties, such as independent gas producers, midstream companies, and gas distributors, who collaboratively utilize a centralized compressing facility to optimize resource sharing and cost-efficiency. 4. Capacity Reservation Gas Compressing Agreement: This type of agreement allows a gas distributor or supplier to reserve a certain amount of gas compression capacity in advance, ensuring dedicated access to compressing facilities even during times of high demand. It's important to note that the actual names and variations of Nassau New York Gas Compressing Agreements — Central Point may differ based on specific contracts and industry terminology. However, the core purpose remains the same — to establish clear guidelines and responsibilities for gas compression operations in the Nassau region of New York.