Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement - Form 2

State:
Multi-State
County:
Broward
Control #:
US-OG-746
Format:
Word; 
Rich Text
Instant download

Description

This operating agreement exhibit provides that each party has the right to take in kind its share of gas produced from the Contract Area and market or otherwise dispose of its gas. In the event any party is not, at any time, taking or marketing its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which does not, at any time, take the full share of gas attributable to the interest of the party, then the terms of this agreement shall automatically become operative.

Broward County, Florida is home to a variety of industries and businesses, including those related to the energy sector. In this context, the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 plays a vital role in ensuring smooth operations and efficient gas balancing practices. This agreement, also known as the Broward Gas Balancing Agreement, is a legally binding document that outlines the terms and conditions for balancing the supply and demand of natural gas within Broward County. It is designed to facilitate the efficient utilization of gas resources and maintain the overall stability of the gas market. The Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 encompasses various provisions and components crucial for effective gas balancing. Some key points covered in this agreement include gas allocation methods, measurement and billing procedures, dispute resolution mechanisms, and compliance with regulatory guidelines. Within this broad category, there may be different variants or versions of the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. These may be tailored to specific projects, gas suppliers, or gas consumers operating within Broward County. For example, there could be variants for different gas fields, geographical areas, or specific market segments. It is essential for all parties involved in the gas industry in Broward County, including gas producers, distributors, and end-users, to carefully review and understand the content of this agreement. Compliance with the provisions outlined in the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is crucial to maintain the integrity and sustainability of the gas supply chain in Broward County. In conclusion, the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a comprehensive and important contractual document that regulates the gas balancing practices within Broward County, Florida. Understanding and adhering to the terms of this agreement is crucial for all entities involved in the gas industry within the county.

Broward County, Florida is home to a variety of industries and businesses, including those related to the energy sector. In this context, the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 plays a vital role in ensuring smooth operations and efficient gas balancing practices. This agreement, also known as the Broward Gas Balancing Agreement, is a legally binding document that outlines the terms and conditions for balancing the supply and demand of natural gas within Broward County. It is designed to facilitate the efficient utilization of gas resources and maintain the overall stability of the gas market. The Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 encompasses various provisions and components crucial for effective gas balancing. Some key points covered in this agreement include gas allocation methods, measurement and billing procedures, dispute resolution mechanisms, and compliance with regulatory guidelines. Within this broad category, there may be different variants or versions of the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. These may be tailored to specific projects, gas suppliers, or gas consumers operating within Broward County. For example, there could be variants for different gas fields, geographical areas, or specific market segments. It is essential for all parties involved in the gas industry in Broward County, including gas producers, distributors, and end-users, to carefully review and understand the content of this agreement. Compliance with the provisions outlined in the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is crucial to maintain the integrity and sustainability of the gas supply chain in Broward County. In conclusion, the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a comprehensive and important contractual document that regulates the gas balancing practices within Broward County, Florida. Understanding and adhering to the terms of this agreement is crucial for all entities involved in the gas industry within the county.

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Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement - Form 2