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 Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement refers to a legal contract entered into between the gas storage operator and the participants to establish the terms and conditions for utilizing the gas storage and secondary recovery services in Cuyahoga County, Ohio. This agreement is primarily designed to govern the activities related to gas storage, secondary recovery, and related services within the Cuyahoga Ohio gas storage field. The agreement outlines the rights and obligations of both parties involved in the agreement. It lays out the terms for the use of the gas storage facilities, including the gas injection, storage, withdrawal, and any secondary recovery activities. The agreement also defines the pricing mechanisms, scheduling procedures, and provisions for maintenance, repairs, and emergencies. There might be different types of Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreements based on specific circumstances or parties involved. These may include: 1. Standard Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement: This represents the typical agreement entered into between the storage operator and customers, covering the basic terms and conditions applicable to the gas storage and secondary recovery operations. 2. Customized Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement: This type of agreement is tailored to meet the specific needs and requirements of a particular customer. It may include additional provisions or modifications to the standard agreement to accommodate unique circumstances or commercial arrangements. 3. Unit Operator Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement: This agreement is specifically relevant to the entity responsible for the operation and management of the gas storage and secondary recovery unit. It outlines the responsibilities, rights, and obligations of the unit operator, including compliance with legal requirements, reporting obligations, and adherence to safety regulations. Overall, the Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement plays a pivotal role in facilitating the efficient and effective utilization of gas storage and secondary recovery services in Cuyahoga County, Ohio. It ensures clarity, transparency, and a mutually beneficial relationship between the gas storage operator and the participants, ultimately supporting reliable and secure gas supply for the region.The Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement refers to a legal contract entered into between the gas storage operator and the participants to establish the terms and conditions for utilizing the gas storage and secondary recovery services in Cuyahoga County, Ohio. This agreement is primarily designed to govern the activities related to gas storage, secondary recovery, and related services within the Cuyahoga Ohio gas storage field. The agreement outlines the rights and obligations of both parties involved in the agreement. It lays out the terms for the use of the gas storage facilities, including the gas injection, storage, withdrawal, and any secondary recovery activities. The agreement also defines the pricing mechanisms, scheduling procedures, and provisions for maintenance, repairs, and emergencies. There might be different types of Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreements based on specific circumstances or parties involved. These may include: 1. Standard Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement: This represents the typical agreement entered into between the storage operator and customers, covering the basic terms and conditions applicable to the gas storage and secondary recovery operations. 2. Customized Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement: This type of agreement is tailored to meet the specific needs and requirements of a particular customer. It may include additional provisions or modifications to the standard agreement to accommodate unique circumstances or commercial arrangements. 3. Unit Operator Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement: This agreement is specifically relevant to the entity responsible for the operation and management of the gas storage and secondary recovery unit. It outlines the responsibilities, rights, and obligations of the unit operator, including compliance with legal requirements, reporting obligations, and adherence to safety regulations. Overall, the Cuyahoga Ohio Gas Storage and Secondary Recovery Unit Agreement plays a pivotal role in facilitating the efficient and effective utilization of gas storage and secondary recovery services in Cuyahoga County, Ohio. It ensures clarity, transparency, and a mutually beneficial relationship between the gas storage operator and the participants, ultimately supporting reliable and secure gas supply for the region.
