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.
Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial document that outlines the terms and conditions for gas balancing activities in the Oakland, Michigan area. This exhibit serves as an addendum to the operating agreement between relevant parties involved in gas production, transportation, and distribution. The purpose of Exhibit E is to establish a framework for gas balancing, which ensures that gas supply and demand are aligned and maintained at optimal levels. It sets forth the guidelines, methodologies, and responsibilities of the parties involved to ensure efficient gas flow and prevent any operational issues or imbalances that could lead to disruptions in gas delivery. Keywords: Oakland Michigan, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 2, gas production, transportation, distribution, terms and conditions, gas balancing activities, addendum, guidelines, methodologies, responsibilities, gas flow, operational issues, imbalances, gas delivery. Types of Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include: 1. Gas Balancing Agreement for Gas Producers: This type of Exhibit E is specifically designed for gas producers operating in the Oakland, Michigan area. It outlines the specific roles, obligations, and requirements for gas producers to ensure their production aligns with the gas balancing objectives. 2. Gas Balancing Agreement for Gas Transporters: This type of Exhibit E is dedicated to gas transporters involved in transporting gas from production sites to various distribution points in Oakland, Michigan. It defines the responsibilities and procedures that gas transporters must follow to maintain gas balance during transportation. 3. Gas Balancing Agreement for Gas Distributors: This category of Exhibit E pertains to gas distributors responsible for distributing gas to end-users in Oakland, Michigan. It sets out the obligations, protocols, and requirements for gas distributors to manage gas balancing effectively and ensure uninterrupted supply to consumers. 4. Gas Balancing Agreement for System Operators: This type of Exhibit E is applicable to system operators responsible for managing the overall gas network in Oakland, Michigan. It outlines the roles, responsibilities, and coordination mechanisms required for system operators to maintain gas balance across the entire network. In summary, the Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a comprehensive document that defines the terms and procedures related to gas balancing activities in Oakland, Michigan. It helps to ensure smooth gas operations, prevent disruptions, and optimize gas supply and demand dynamics.Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial document that outlines the terms and conditions for gas balancing activities in the Oakland, Michigan area. This exhibit serves as an addendum to the operating agreement between relevant parties involved in gas production, transportation, and distribution. The purpose of Exhibit E is to establish a framework for gas balancing, which ensures that gas supply and demand are aligned and maintained at optimal levels. It sets forth the guidelines, methodologies, and responsibilities of the parties involved to ensure efficient gas flow and prevent any operational issues or imbalances that could lead to disruptions in gas delivery. Keywords: Oakland Michigan, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 2, gas production, transportation, distribution, terms and conditions, gas balancing activities, addendum, guidelines, methodologies, responsibilities, gas flow, operational issues, imbalances, gas delivery. Types of Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include: 1. Gas Balancing Agreement for Gas Producers: This type of Exhibit E is specifically designed for gas producers operating in the Oakland, Michigan area. It outlines the specific roles, obligations, and requirements for gas producers to ensure their production aligns with the gas balancing objectives. 2. Gas Balancing Agreement for Gas Transporters: This type of Exhibit E is dedicated to gas transporters involved in transporting gas from production sites to various distribution points in Oakland, Michigan. It defines the responsibilities and procedures that gas transporters must follow to maintain gas balance during transportation. 3. Gas Balancing Agreement for Gas Distributors: This category of Exhibit E pertains to gas distributors responsible for distributing gas to end-users in Oakland, Michigan. It sets out the obligations, protocols, and requirements for gas distributors to manage gas balancing effectively and ensure uninterrupted supply to consumers. 4. Gas Balancing Agreement for System Operators: This type of Exhibit E is applicable to system operators responsible for managing the overall gas network in Oakland, Michigan. It outlines the roles, responsibilities, and coordination mechanisms required for system operators to maintain gas balance across the entire network. In summary, the Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a comprehensive document that defines the terms and procedures related to gas balancing activities in Oakland, Michigan. It helps to ensure smooth gas operations, prevent disruptions, and optimize gas supply and demand dynamics.
