This operating agreement exhibit states the intent of the Parties that each Party shall have the right to take in kind and separately dispose of its proportionate share of gas (including casinghead gas) produced from each formation in each well located on the acreage (the "Contract Area") covered by the Operating Agreement.
Broward County, Florida, is a thriving region known for its diverse and bustling economy, beautiful beaches, and vibrant cultural scene. It is situated in the southeastern part of the state, encompassing several cities and unincorporated areas. Within Broward County, there are various exhibits and agreements that play a crucial role in managing the region's resources and facilitating efficient operations. One such exhibit is the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3. This agreement is an essential component of the gas industry's operations within Broward County. It ensures that gas balancing activities are performed effectively, maintaining a stable supply of natural gas to meet the demands of businesses and residents in the area. The Broward Florida Exhibit E outlines the specific terms and conditions for gas balancing within the county. It establishes guidelines for the measurement, allocation, and reconciliation of gas volumes, ensuring equitable distribution among the parties involved. This exhibit is designed to promote transparency and accountability within the gas industry, fostering fair practices and minimizing operational discrepancies. Under the Broward Florida Exhibit E, various types of Gas Balancing Agreements may exist, depending on the specific requirements of the parties involved. These agreements typically address elements such as gas scheduling, imbalances, penalties, and dispute resolution mechanisms. This ensures that gas operations within Broward County adhere to regulatory standards, promoting efficient usage and preventing imbalances that could disrupt the supply chain. Some additional types of Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 could include provisions related to emergency situations, force majeure events, or the integration of renewable energy sources into the existing gas infrastructure. These variations cater to the evolving needs of the gas industry and the county's commitment to sustainable practices. In conclusion, Broward County, Florida, relies on the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 to regulate gas balancing activities effectively. This exhibit ensures that gas operations within the county adhere to fair practices while providing a stable and reliable supply of natural gas to meet the demands of its growing population and thriving economy.Broward County, Florida, is a thriving region known for its diverse and bustling economy, beautiful beaches, and vibrant cultural scene. It is situated in the southeastern part of the state, encompassing several cities and unincorporated areas. Within Broward County, there are various exhibits and agreements that play a crucial role in managing the region's resources and facilitating efficient operations. One such exhibit is the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3. This agreement is an essential component of the gas industry's operations within Broward County. It ensures that gas balancing activities are performed effectively, maintaining a stable supply of natural gas to meet the demands of businesses and residents in the area. The Broward Florida Exhibit E outlines the specific terms and conditions for gas balancing within the county. It establishes guidelines for the measurement, allocation, and reconciliation of gas volumes, ensuring equitable distribution among the parties involved. This exhibit is designed to promote transparency and accountability within the gas industry, fostering fair practices and minimizing operational discrepancies. Under the Broward Florida Exhibit E, various types of Gas Balancing Agreements may exist, depending on the specific requirements of the parties involved. These agreements typically address elements such as gas scheduling, imbalances, penalties, and dispute resolution mechanisms. This ensures that gas operations within Broward County adhere to regulatory standards, promoting efficient usage and preventing imbalances that could disrupt the supply chain. Some additional types of Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 could include provisions related to emergency situations, force majeure events, or the integration of renewable energy sources into the existing gas infrastructure. These variations cater to the evolving needs of the gas industry and the county's commitment to sustainable practices. In conclusion, Broward County, Florida, relies on the Broward Florida Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 to regulate gas balancing activities effectively. This exhibit ensures that gas operations within the county adhere to fair practices while providing a stable and reliable supply of natural gas to meet the demands of its growing population and thriving economy.
