San Antonio Texas Agreement For Payment on Casinghead Gas Between Gas Purchaser and Lease Operator

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• City: San Antonio
• Control #: US-OG-241
• Format: Word; Rich Text

Description

This form is a contract entered into by the Purchaser and Operator for the purchase and sale of casinghead gas produced from the lands and leases described in the contract. A San Antonio Texas Agreement for Payment on Casing head Gas between a Gas Purchaser and Lease Operator is a contractual agreement that establishes the terms and conditions for the payment and purchase of casing head gas. This agreement is specifically relevant to the state of Texas and the city of San Antonio. Casing head gas refers to the natural gas that is extracted during the drilling of oil wells. It is typically found in the space between the oil well's casing and tubing. The gas purchaser, who is usually a gas company or a gas processing facility, enters into an agreement with the lease operator, who owns and operates the oil well, to purchase and pay for the casing head gas produced. The San Antonio Texas Agreement for Payment on Casing head Gas is crucial in ensuring a fair and mutually beneficial relationship between the gas purchaser and the lease operator. It outlines the rights and responsibilities of both parties, including the quantity and quality of gas to be purchased, the method of payment, and the procedures for delivery and measurement of the gas. Keywords: 1. San Antonio Texas: This indicates that the agreement is specific to the city of San Antonio in Texas, ensuring that the terms mentioned are in accordance with local regulations and practices. 2. Agreement: Refers to the contract between the gas purchaser and the lease operator. 3. Payment: Highlights the financial aspect of the agreement, specifically relating to the compensation for the casing head gas. 4. Casing head Gas: Refers to the natural gas found in the space between the oil well's casing and tubing. 5. Gas Purchaser: Denotes the party, typically a gas company or a gas processing facility, responsible for purchasing the casing head gas. 6. Lease Operator: Refers to the party who owns and operates the oil well and is responsible for extracting the casing head gas. 7. Terms and Conditions: Outlines the rights and responsibilities of both parties involved in the agreement. 8. Quantity and Quality: Specifies the volume and characteristics of the casing head gas to be purchased. 9. Method of Payment: Describes how the gas purchaser will compensate the lease operator for the gas. 10. Delivery and Measurement: Details the procedures and standards to be followed for the proper delivery and accurate measurement of the casing head gas. There are no specifically mentioned different types of San Antonio Texas Agreements for Payment on Casing head Gas between a Gas Purchaser and Lease Operator. However, variations can exist based on the individual terms negotiated between the parties such as pricing, duration of the agreement, and any additional provisions or clauses.

A San Antonio Texas Agreement for Payment on Casing head Gas between a Gas Purchaser and Lease Operator is a contractual agreement that establishes the terms and conditions for the payment and purchase of casing head gas. This agreement is specifically relevant to the state of Texas and the city of San Antonio. Casing head gas refers to the natural gas that is extracted during the drilling of oil wells. It is typically found in the space between the oil well's casing and tubing. The gas purchaser, who is usually a gas company or a gas processing facility, enters into an agreement with the lease operator, who owns and operates the oil well, to purchase and pay for the casing head gas produced. The San Antonio Texas Agreement for Payment on Casing head Gas is crucial in ensuring a fair and mutually beneficial relationship between the gas purchaser and the lease operator. It outlines the rights and responsibilities of both parties, including the quantity and quality of gas to be purchased, the method of payment, and the procedures for delivery and measurement of the gas. Keywords: 1. San Antonio Texas: This indicates that the agreement is specific to the city of San Antonio in Texas, ensuring that the terms mentioned are in accordance with local regulations and practices. 2. Agreement: Refers to the contract between the gas purchaser and the lease operator. 3. Payment: Highlights the financial aspect of the agreement, specifically relating to the compensation for the casing head gas. 4. Casing head Gas: Refers to the natural gas found in the space between the oil well's casing and tubing. 5. Gas Purchaser: Denotes the party, typically a gas company or a gas processing facility, responsible for purchasing the casing head gas. 6. Lease Operator: Refers to the party who owns and operates the oil well and is responsible for extracting the casing head gas. 7. Terms and Conditions: Outlines the rights and responsibilities of both parties involved in the agreement. 8. Quantity and Quality: Specifies the volume and characteristics of the casing head gas to be purchased. 9. Method of Payment: Describes how the gas purchaser will compensate the lease operator for the gas. 10. Delivery and Measurement: Details the procedures and standards to be followed for the proper delivery and accurate measurement of the casing head gas. There are no specifically mentioned different types of San Antonio Texas Agreements for Payment on Casing head Gas between a Gas Purchaser and Lease Operator. However, variations can exist based on the individual terms negotiated between the parties such as pricing, duration of the agreement, and any additional provisions or clauses.