Tarrant Texas Exhibit E to Operating Agreement Gas Balancing Agreement - Form 3

State:
Multi-State
County:
Tarrant
Control #:
US-OG-747
Format:
Word; 
Rich Text
Instant download

Description

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.

Tarrant, Texas is a city located in the northeastern part of the state, known for its vibrant community and economic opportunities. In the world of energy and gas operations, there is a specific document called the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, which holds significance for gas companies conducting business in Tarrant, Texas. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a crucial legal document that outlines the terms and conditions related to gas balancing operations between different stakeholders involved in the industry. It serves as an addendum or attachment to the main operating agreement, providing detailed guidelines on gas balancing activities within Tarrant, Texas. Keyword variations for the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 in Tarrant, Texas may include: 1. Exhibit E Gas Balancing Agreement — Form 3 in Tarrant, Texas 2. Tarrant, Texas Gas Balancing Agreement — Form 3 3. Gas BalancinAgreementen— - Form 3 for Tarrant, Texas operations Different types of Tarrant, Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 may exist, tailored to specific industries or companies, depending on their roles in the gas balancing process. Some potential variations might include: 1. Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Producers: This type of agreement would primarily involve gas producers in Tarrant, Texas, outlining their responsibilities, rights, and procedures for gas balancing. 2. Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Pipeline Companies: This variant would focus on the obligations and processes concerning gas balancing for pipeline companies operating in Tarrant, Texas, facilitating the transportation of gas. 3. Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Local Distribution Companies (LDCs): LDCs responsible for distributing gas to consumers within Tarrant, Texas, would have their specific agreement, delineating their roles and responsibilities in gas balancing. These variations cater to the diversity of stakeholders involved in the gas industry and ensure clear communication and compliance with gas balancing regulations unique to Tarrant, Texas.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Tarrant Texas Exhibit E To Operating Agreement Gas Balancing Agreement - Form 3?

Whether you plan to start your company, enter into a contract, apply for your ID renewal, or resolve family-related legal issues, you need to prepare certain documentation meeting your local laws and regulations. Locating the right papers may take a lot of time and effort unless you use the US Legal Forms library.

The service provides users with more than 85,000 expertly drafted and checked legal documents for any personal or business case. All files are grouped by state and area of use, so picking a copy like Tarrant Exhibit E to Operating Agreement Gas Balancing Agreement - Form 3 is quick and easy.

The US Legal Forms website users only need to log in to their account and click the Download key next to the required form. If you are new to the service, it will take you several additional steps to obtain the Tarrant Exhibit E to Operating Agreement Gas Balancing Agreement - Form 3. Follow the guidelines below:

  1. Make sure the sample meets your personal needs and state law regulations.
  2. Look through the form description and check the Preview if there’s one on the page.
  3. Utilize the search tab providing your state above to locate another template.
  4. Click Buy Now to get the file when you find the right one.
  5. Choose the subscription plan that suits you most to proceed.
  6. Sign in to your account and pay the service with a credit card or PayPal.
  7. Download the Tarrant Exhibit E to Operating Agreement Gas Balancing Agreement - Form 3 in the file format you need.
  8. Print the copy or fill it out and sign it electronically via an online editor to save time.

Documents provided by our website are multi-usable. Having an active subscription, you are able to access all of your earlier acquired paperwork at any time in the My Forms tab of your profile. Stop wasting time on a constant search for up-to-date official documents. Sign up for the US Legal Forms platform and keep your paperwork in order with the most comprehensive online form library!

Form popularity

FAQ

What is a Gas Balancing Arrangement? A gas balancing arrangement settles the over-use or under-use of a gas well by the various partners who have interests in it. This arrangement is needed when there are two or more partners in a gas well.

An agreement between the lessee and lessor as to how production will be shared among leases crossed by a production sharing well. Most (but not all) production sharing agreements provide for allocation based on the percentage of the productive lateral crossing each lease.

1. Production sharing agreement (PSA) is a contract between one or more investors and the government in which rights to prospection, exploration and extraction of mineral resources from a specific area over a specified period of time are determined.

Production Sharing Contract (PSC) is a contractual arrangement for exploration and production of petroleum resources where the contractor undertakes all the financial, technical and operational risks associated with petroleum operation in return for a share of profit oil after payment of royalty, cost and tax oil.

An Operational Balancing Agreement ("OBA") is a contract between two parties which specifies the procedures to manage operating variances at an interconnection between pipelines.

Abstract. Production sharing contract (PSC) is an arrangement used in the upstream sector for the exploration and. development of petroleum resources. Several oil producing countries, particularly the developing ones have. adopted it as a contract for the exploration and development of their oil and gas resources.

Joint operating companies (JOCs) are established pursuant to joint operating agreements (Affiliation Agreements), which typically bring together two or more health care systems (or individual hospitals) to create a jointly governed entity to manage and operate the affiliating providers.

Joint venture agreement is a special growth strategy between internal and external strategies; it exists where two or more parties combine together to execute an oil & gas transaction and mitigate risk associated with the business.

A system of sharing the resources and profits related to the production of a particular commodity, especially oil (frequently attributive).

The Joint Operating Agreement (JOA) in oil and gas industry is an underlying contractual framework of a Joint Venture (JV). The JOA is a contract where two or more parties agree to undertake a common task to explore and exploit an area for hydrocarbons.

More info

Stephen Dow, ´The 20th Round Standard Form Joint Operating Agreement` (2003) 1 OGEL. Form of Gas Gathering, Processing and Purchase Contract.Exhibit K. — Form of GoForth Gas Gathering Agreement. 0 Southern Natural Gas Company: Seventh Revised Volume No. 1. Exhibit 3. List of Initial Funding Agreements and Security Documents. Registration Manual). There is a separate Section of forms of Exhibits and Other Provisions that are often added to Joint Operating Agreements. 1. The JOA 82 Revised Agreement.

Trusted and secure by over 3 million people of the world’s leading companies

Tarrant Texas Exhibit E to Operating Agreement Gas Balancing Agreement - Form 3