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.
Maricopa, Arizona is a vibrant city located in the southwestern United States. It is home to diverse industries, natural beauty, and a rich cultural heritage. One crucial aspect of Maricopa's economic landscape is its gas industry, which is regulated by the Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. The Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that outlines the terms and conditions for gas balancing in the region. Gas balancing refers to the process of adjusting the supply and demand of natural gas to ensure a stable and reliable energy supply. This agreement plays a vital role in maintaining the equilibrium between gas production and consumption in Maricopa, Arizona. It outlines the responsibilities and rights of the parties involved in the gas balancing process, including gas producers, distributors, and regulators. It is worth noting that there may be different types of Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. These variations might arise due to changes in industry regulations, the introduction of new technologies, or specific arrangements between gas market participants. Some possible types of Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include: 1. Standard Gas Balancing Agreement: This is the common type of agreement used in Maricopa, Arizona. It sets the standard procedures and guidelines for gas balancing activities, ensuring a fair and efficient market operation. 2. Renewable Gas Balancing Agreement: This type of agreement is specific to renewable gas sources, such as biogas or hydrogen. It may include additional provisions related to the integration of renewable gas into the existing gas network and the balancing of renewable gas supply and demand. 3. Emergency Gas Balancing Agreement: When unexpected events occur, such as extreme weather conditions or infrastructure failures, an emergency gas balancing agreement may be implemented. This agreement provides a framework for quick decision-making and rapid response to ensure the uninterrupted supply of gas during emergencies. 4. Joint Gas Balancing Agreement: In some cases, multiple gas producers or distributors may enter into a joint agreement to streamline gas balancing operations. This type of agreement promotes collaboration and coordination among the involved parties to optimize gas resources and ensure efficient market functioning. Overall, the Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal instrument that regulates the gas balancing activities in Maricopa, Arizona. It ensures a smooth and reliable supply of natural gas, promoting a thriving and sustainable energy market in the region.Maricopa, Arizona is a vibrant city located in the southwestern United States. It is home to diverse industries, natural beauty, and a rich cultural heritage. One crucial aspect of Maricopa's economic landscape is its gas industry, which is regulated by the Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. The Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that outlines the terms and conditions for gas balancing in the region. Gas balancing refers to the process of adjusting the supply and demand of natural gas to ensure a stable and reliable energy supply. This agreement plays a vital role in maintaining the equilibrium between gas production and consumption in Maricopa, Arizona. It outlines the responsibilities and rights of the parties involved in the gas balancing process, including gas producers, distributors, and regulators. It is worth noting that there may be different types of Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. These variations might arise due to changes in industry regulations, the introduction of new technologies, or specific arrangements between gas market participants. Some possible types of Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include: 1. Standard Gas Balancing Agreement: This is the common type of agreement used in Maricopa, Arizona. It sets the standard procedures and guidelines for gas balancing activities, ensuring a fair and efficient market operation. 2. Renewable Gas Balancing Agreement: This type of agreement is specific to renewable gas sources, such as biogas or hydrogen. It may include additional provisions related to the integration of renewable gas into the existing gas network and the balancing of renewable gas supply and demand. 3. Emergency Gas Balancing Agreement: When unexpected events occur, such as extreme weather conditions or infrastructure failures, an emergency gas balancing agreement may be implemented. This agreement provides a framework for quick decision-making and rapid response to ensure the uninterrupted supply of gas during emergencies. 4. Joint Gas Balancing Agreement: In some cases, multiple gas producers or distributors may enter into a joint agreement to streamline gas balancing operations. This type of agreement promotes collaboration and coordination among the involved parties to optimize gas resources and ensure efficient market functioning. Overall, the Maricopa Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal instrument that regulates the gas balancing activities in Maricopa, Arizona. It ensures a smooth and reliable supply of natural gas, promoting a thriving and sustainable energy market in the region.
