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.
San Bernardino, California is a vibrant city located in the Inland Empire region of Southern California. Known for its rich cultural history, scenic landscapes, and diverse population, San Bernardino offers a multitude of attractions and activities for residents and visitors alike. Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document specifically related to gas balancing agreements within the San Bernardino area. This contract outlines the terms and conditions for gas balancing operations, aiming to ensure efficient and fair distribution of gas resources within the community. There are several types of San Bernardino California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3. These may include: 1. Residential Gas Balancing Agreement: This type of agreement focuses on the gas balancing operations within residential areas of San Bernardino. It specifies the responsibilities of gas suppliers, residents, and the local authorities in maintaining the balance of gas resources for households. 2. Commercial Gas Balancing Agreement: This agreement caters to the gas balancing needs of commercial establishments in San Bernardino. It defines the gas consumption limits, penalties for exceeding those limits, and outlines the process for resolving any disputes related to gas balancing among businesses. 3. Industrial Gas Balancing Agreement: San Bernardino is home to various industries, and this type of agreement addresses the gas balancing requirements specific to industrial facilities. It encompasses regulations, procedures, and guidelines for maintaining optimal gas flow and ensuring smooth operations in industrial settings. 4. Municipal Gas Balancing Agreement: This agreement pertains to the gas balancing practices within the municipal sector of San Bernardino. It involves collaboration between local government bodies, gas suppliers, and other stakeholders to efficiently manage and allocate gas resources for public institutions and services. Each of these San Bernardino California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 variations serves as a legally binding contract, helping to establish a fair and balanced gas distribution system within the city. Compliance with these agreements fosters a sustainable and harmonious gas supply network, benefiting the residents, businesses, and industries of San Bernardino as a whole.