Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement - Form 5

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Travis
• Control #: US-OG-749
• Format: Word; Rich Text

Description

This operating agreement exhibit is a gas balancing agreement that contains information about ownership and Disposable Production of Gas in kind. Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a legal document that outlines the terms and conditions related to gas balancing agreements in Travis, Texas. This exhibit serves as an addendum to the operating agreement, providing specific guidelines on gas balancing. Gas balancing is a crucial aspect of the oil and gas industry, ensuring proper distribution and utilization of gas resources. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 outlines the procedures, responsibilities, and obligations of the involved parties in maintaining balance and settlement of gas production and consumption volumes. Key keywords relevant to this exhibit include: 1. Travis, Texas: This refers to the location where the gas balancing agreement is being executed and represents the specific region or jurisdiction where the agreement holds legal standing. 2. Exhibit E: This indicates that the document is an exhibit and outlines specific provisions related to gas balancing as an addendum to the operating agreement. 3. Operating Agreement: The primary agreement that governs the relationship and responsibilities of the parties involved in the gas production and distribution process. The Exhibit E serves as an additional section solely covering gas balancing. 4. Gas Balancing Agreement: The essential component of this exhibit, outlining the procedures, guidelines, and rules for balancing gas production and consumption levels. This agreement ensures fairness and efficiency in the distribution and settlement of gas resources. Different types or variations of Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 may exist based on various factors, such as the specific parties involved, the region, or unique circumstances. However, the general purpose of these exhibits remains consistent—defining the gas balancing procedures and obligations related to the operating agreement in Travis, Texas. In conclusion, Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a significant legal document that outlines the procedures and guidelines for gas balancing within the larger operating agreement. It ensures fair distribution and settlement of gas resources and plays an essential role in maintaining equilibrium in the gas industry.

Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a legal document that outlines the terms and conditions related to gas balancing agreements in Travis, Texas. This exhibit serves as an addendum to the operating agreement, providing specific guidelines on gas balancing. Gas balancing is a crucial aspect of the oil and gas industry, ensuring proper distribution and utilization of gas resources. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 outlines the procedures, responsibilities, and obligations of the involved parties in maintaining balance and settlement of gas production and consumption volumes. Key keywords relevant to this exhibit include: 1. Travis, Texas: This refers to the location where the gas balancing agreement is being executed and represents the specific region or jurisdiction where the agreement holds legal standing. 2. Exhibit E: This indicates that the document is an exhibit and outlines specific provisions related to gas balancing as an addendum to the operating agreement. 3. Operating Agreement: The primary agreement that governs the relationship and responsibilities of the parties involved in the gas production and distribution process. The Exhibit E serves as an additional section solely covering gas balancing. 4. Gas Balancing Agreement: The essential component of this exhibit, outlining the procedures, guidelines, and rules for balancing gas production and consumption levels. This agreement ensures fairness and efficiency in the distribution and settlement of gas resources. Different types or variations of Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 may exist based on various factors, such as the specific parties involved, the region, or unique circumstances. However, the general purpose of these exhibits remains consistent—defining the gas balancing procedures and obligations related to the operating agreement in Travis, Texas. In conclusion, Travis Texas Exhibit E to Operating Agreement Gas Balancing Agreement — Form 5 is a significant legal document that outlines the procedures and guidelines for gas balancing within the larger operating agreement. It ensures fair distribution and settlement of gas resources and plays an essential role in maintaining equilibrium in the gas industry.