Philadelphia Pennsylvania Gas Compressing Agreement - Central Point

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Philadelphia
• 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. The Philadelphia Pennsylvania Gas Compressing Agreement — Central Point is a significant agreement in the energy sector, pertaining to the compression of natural gas in Philadelphia, Pennsylvania. This agreement plays a crucial role in the transportation and distribution of natural gas across the region. Gas compressing facilities in Philadelphia are responsible for compressing the natural gas to increase its pressure, allowing for more efficient transportation through pipelines. This process ensures the smooth flow of natural gas from the extraction points to end-users such as residential, commercial, and industrial consumers. There can be various types of Philadelphia Pennsylvania Gas Compressing Agreements — Central Point, tailored to meet different requirements and circumstances. Some key types include: 1. Long-term Compressing Agreement: This type of agreement typically spans several years and involves the participation of major stakeholders, such as gas producers, transporters, and distributors. It lays out the terms and conditions for gas compression services and ensures a consistent supply of compressed gas to cater to the needs of the Philadelphia area. 2. Short-term Compressing Agreement: This agreement is designed for a shorter duration, usually ranging from a few months to a year. It may be required to tackle seasonal fluctuations in gas demand or accommodate unforeseen changes in supply and demand dynamics. Gas compressing facilities, under this type of agreement, provide flexibility in terms of volume and duration according to the customers' immediate requirements. 3. Regional Interconnection Agreement: This agreement focuses on the integration of multiple gas compressing facilities in the region, enabling efficient supply and distribution networks. It involves collaboration between gas companies in Philadelphia and neighboring areas to establish interconnected infrastructure, optimizing gas flow and creating a more robust and flexible system. These various types of agreements are crucial in ensuring the reliability, stability, and efficiency of gas compression services within Philadelphia, Pennsylvania. They contribute to the smooth functioning of the entire gas supply chain, benefiting both consumers and gas industry stakeholders.

The Philadelphia Pennsylvania Gas Compressing Agreement — Central Point is a significant agreement in the energy sector, pertaining to the compression of natural gas in Philadelphia, Pennsylvania. This agreement plays a crucial role in the transportation and distribution of natural gas across the region. Gas compressing facilities in Philadelphia are responsible for compressing the natural gas to increase its pressure, allowing for more efficient transportation through pipelines. This process ensures the smooth flow of natural gas from the extraction points to end-users such as residential, commercial, and industrial consumers. There can be various types of Philadelphia Pennsylvania Gas Compressing Agreements — Central Point, tailored to meet different requirements and circumstances. Some key types include: 1. Long-term Compressing Agreement: This type of agreement typically spans several years and involves the participation of major stakeholders, such as gas producers, transporters, and distributors. It lays out the terms and conditions for gas compression services and ensures a consistent supply of compressed gas to cater to the needs of the Philadelphia area. 2. Short-term Compressing Agreement: This agreement is designed for a shorter duration, usually ranging from a few months to a year. It may be required to tackle seasonal fluctuations in gas demand or accommodate unforeseen changes in supply and demand dynamics. Gas compressing facilities, under this type of agreement, provide flexibility in terms of volume and duration according to the customers' immediate requirements. 3. Regional Interconnection Agreement: This agreement focuses on the integration of multiple gas compressing facilities in the region, enabling efficient supply and distribution networks. It involves collaboration between gas companies in Philadelphia and neighboring areas to establish interconnected infrastructure, optimizing gas flow and creating a more robust and flexible system. These various types of agreements are crucial in ensuring the reliability, stability, and efficiency of gas compression services within Philadelphia, Pennsylvania. They contribute to the smooth functioning of the entire gas supply chain, benefiting both consumers and gas industry stakeholders.