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.
Middlesex Massachusetts is a county located in the state of Massachusetts, United States. It is one of the 14 counties in Massachusetts and is situated in the eastern part of the state. Middlesex County consists of various cities and towns, including Lexington, Cambridge, Lowell, Newton, and Concord. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that pertains to gas balancing agreements within the county. This agreement is crucial to ensure the proper distribution and balancing of gas resources among the involved parties. The gas balancing agreement is designed to establish the rights, responsibilities, and obligations of each party involved in the production, transportation, and distribution of gas within Middlesex County. This includes gas companies, utilities, operators, and other entities involved in the gas industry. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 focuses on providing a comprehensive framework for gas balancing operations. It outlines the procedures and protocols for measuring, monitoring, and adjusting gas flows to maintain an equilibrium in the supply and demand of gas resources. This form ensures that adequate gas supply is maintained for residential, commercial, and industrial users in Middlesex County. It covers various aspects of gas balancing, including measuring techniques, metering equipment, data reporting, and communication protocols. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may vary slightly depending on the specific gas balancing agreement and the parties involved. However, the fundamental principles and objectives remain consistent across different versions of this exhibit. In conclusion, the Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a crucial legal document that plays a vital role in ensuring a balanced distribution of gas resources in Middlesex County. It establishes the guidelines and procedures necessary to maintain a reliable supply of gas for the benefit of the residents and businesses within the region.Middlesex Massachusetts is a county located in the state of Massachusetts, United States. It is one of the 14 counties in Massachusetts and is situated in the eastern part of the state. Middlesex County consists of various cities and towns, including Lexington, Cambridge, Lowell, Newton, and Concord. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that pertains to gas balancing agreements within the county. This agreement is crucial to ensure the proper distribution and balancing of gas resources among the involved parties. The gas balancing agreement is designed to establish the rights, responsibilities, and obligations of each party involved in the production, transportation, and distribution of gas within Middlesex County. This includes gas companies, utilities, operators, and other entities involved in the gas industry. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 focuses on providing a comprehensive framework for gas balancing operations. It outlines the procedures and protocols for measuring, monitoring, and adjusting gas flows to maintain an equilibrium in the supply and demand of gas resources. This form ensures that adequate gas supply is maintained for residential, commercial, and industrial users in Middlesex County. It covers various aspects of gas balancing, including measuring techniques, metering equipment, data reporting, and communication protocols. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may vary slightly depending on the specific gas balancing agreement and the parties involved. However, the fundamental principles and objectives remain consistent across different versions of this exhibit. In conclusion, the Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a crucial legal document that plays a vital role in ensuring a balanced distribution of gas resources in Middlesex County. It establishes the guidelines and procedures necessary to maintain a reliable supply of gas for the benefit of the residents and businesses within the region.
