This form is used for the purposes of more effectively developing, producing, and operating the Unit Area in order to prevent surface and underground waste, and obtain the greatest ultimate recovery of production of oil and gas, promote conservation, and to afford each of the Parties the right to recover their fair and equitable share of the production to be obtained from the Unit Area, or to receive the attributable proceeds of such production.
The Alameda California Gas Storage and Secondary Recovery Unit Agreement is a legally binding agreement that governs the operation and maintenance of gas storage facilities and secondary recovery units located in Alameda, California. This agreement outlines the terms and conditions under which the gas storage facilities and secondary recovery units can be utilized, maintained, and accessed by the parties involved. The primary purpose of this agreement is to ensure the efficient and safe operation of gas storage and secondary recovery facilities, where natural gas is injected into underground reservoirs for storage and later withdrawn when needed. The agreement includes provisions regarding the ownership, rights, and responsibilities of the parties involved, as well as the procedures for injection, withdrawal, monitoring, and maintenance of the facilities. There are several types of Alameda California Gas Storage and Secondary Recovery Unit Agreements that may exist, each tailored to the specific needs and requirements of the parties involved. These agreements may include: 1. Standard Gas Storage Agreement: This is the most common type of agreement, which governs the basic terms and conditions for gas storage and withdrawal operations. It covers aspects such as injection and withdrawal rates, storage capacity, pricing, and operational guidelines. 2. Customized Storage Agreement: This type of agreement is typically negotiated between parties with specific requirements. It may include additional provisions related to capacity expansion, dedicated storage services, or special operational procedures. 3. Maintenance and Operation Agreement: This agreement focuses on the maintenance, repair, and operation of the gas storage and secondary recovery facilities. It outlines the responsibilities of the parties involved and establishes guidelines for inspections, repairs, and safety protocols. 4. Environmental Protection Agreement: In consideration of the environmental impact of gas storage and secondary recovery operations, this agreement outlines measures and obligations related to environmental monitoring, emissions control, and compliance with relevant regulations. In conclusion, the Alameda California Gas Storage and Secondary Recovery Unit Agreement is an important legal document that regulates the operation, maintenance, and management of gas storage and secondary recovery facilities in Alameda, California. It ensures smooth and efficient gas storage operations while upholding safety, environmental, and operational standards.The Alameda California Gas Storage and Secondary Recovery Unit Agreement is a legally binding agreement that governs the operation and maintenance of gas storage facilities and secondary recovery units located in Alameda, California. This agreement outlines the terms and conditions under which the gas storage facilities and secondary recovery units can be utilized, maintained, and accessed by the parties involved. The primary purpose of this agreement is to ensure the efficient and safe operation of gas storage and secondary recovery facilities, where natural gas is injected into underground reservoirs for storage and later withdrawn when needed. The agreement includes provisions regarding the ownership, rights, and responsibilities of the parties involved, as well as the procedures for injection, withdrawal, monitoring, and maintenance of the facilities. There are several types of Alameda California Gas Storage and Secondary Recovery Unit Agreements that may exist, each tailored to the specific needs and requirements of the parties involved. These agreements may include: 1. Standard Gas Storage Agreement: This is the most common type of agreement, which governs the basic terms and conditions for gas storage and withdrawal operations. It covers aspects such as injection and withdrawal rates, storage capacity, pricing, and operational guidelines. 2. Customized Storage Agreement: This type of agreement is typically negotiated between parties with specific requirements. It may include additional provisions related to capacity expansion, dedicated storage services, or special operational procedures. 3. Maintenance and Operation Agreement: This agreement focuses on the maintenance, repair, and operation of the gas storage and secondary recovery facilities. It outlines the responsibilities of the parties involved and establishes guidelines for inspections, repairs, and safety protocols. 4. Environmental Protection Agreement: In consideration of the environmental impact of gas storage and secondary recovery operations, this agreement outlines measures and obligations related to environmental monitoring, emissions control, and compliance with relevant regulations. In conclusion, the Alameda California Gas Storage and Secondary Recovery Unit Agreement is an important legal document that regulates the operation, maintenance, and management of gas storage and secondary recovery facilities in Alameda, California. It ensures smooth and efficient gas storage operations while upholding safety, environmental, and operational standards.
