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.
Orange California Gas Storage and Secondary Recovery Unit Agreement is a contractual agreement that governs the terms and conditions for the utilization and maintenance of gas storage and secondary recovery units in Orange, California. This agreement is crucial in facilitating the efficient storage, extraction, and secondary recovery of gas reserves for various purposes, including commercial and industrial applications. The primary objective of the Orange California Gas Storage and Secondary Recovery Unit Agreement is to outline the responsibilities and obligations of all parties involved in the gas storage and secondary recovery operations. This typically includes the gas storage facility operator, gas suppliers, regulatory bodies, and any other relevant stakeholders. There are different types of Orange California Gas Storage and Secondary Recovery Unit Agreements, depending on the specific requirements and circumstances of the gas storage facility. Some common types include: 1. Gas Storage Agreement: This agreement specifically focuses on the storage aspect of gas reserves in Orange, California. It defines the terms of gas injection, storage capacity, withdrawal, and the charge rates associated with the use of the storage facility. Additionally, it outlines the rights and obligations of both the facility operator and the gas suppliers in relation to gas storage operations. 2. Secondary Recovery Unit Agreement: This type of agreement pertains to the techniques and processes employed for the secondary recovery of gas reserves in Orange, California. It encompasses methods such as enhanced oil recovery (FOR) and gas reinfection to maximize the extraction and production of gas from the reservoirs. The agreement sets out the terms for the installation, operation, and maintenance of secondary recovery units, as well as the allocation of costs and benefits among the parties involved. 3. Gas Storage and Secondary Recovery Unit Agreement: In certain cases, a combined agreement may be developed to cover both the gas storage and secondary recovery aspects. This comprehensive agreement encompasses the terms and conditions for gas injection, withdrawal, storage capacity, secondary recovery techniques, and associated costs. It ensures seamless coordination between the storage and secondary recovery operations, facilitating efficient utilization of the gas reserves. The Orange California Gas Storage and Secondary Recovery Unit Agreement is critical in ensuring the smooth functioning of gas storage and secondary recovery activities in Orange, California. By clearly defining the rights, obligations, and technical specifications related to gas storage and secondary recovery units, this agreement promotes transparency, accountability, and reliability in the utilization of gas resources.Orange California Gas Storage and Secondary Recovery Unit Agreement is a contractual agreement that governs the terms and conditions for the utilization and maintenance of gas storage and secondary recovery units in Orange, California. This agreement is crucial in facilitating the efficient storage, extraction, and secondary recovery of gas reserves for various purposes, including commercial and industrial applications. The primary objective of the Orange California Gas Storage and Secondary Recovery Unit Agreement is to outline the responsibilities and obligations of all parties involved in the gas storage and secondary recovery operations. This typically includes the gas storage facility operator, gas suppliers, regulatory bodies, and any other relevant stakeholders. There are different types of Orange California Gas Storage and Secondary Recovery Unit Agreements, depending on the specific requirements and circumstances of the gas storage facility. Some common types include: 1. Gas Storage Agreement: This agreement specifically focuses on the storage aspect of gas reserves in Orange, California. It defines the terms of gas injection, storage capacity, withdrawal, and the charge rates associated with the use of the storage facility. Additionally, it outlines the rights and obligations of both the facility operator and the gas suppliers in relation to gas storage operations. 2. Secondary Recovery Unit Agreement: This type of agreement pertains to the techniques and processes employed for the secondary recovery of gas reserves in Orange, California. It encompasses methods such as enhanced oil recovery (FOR) and gas reinfection to maximize the extraction and production of gas from the reservoirs. The agreement sets out the terms for the installation, operation, and maintenance of secondary recovery units, as well as the allocation of costs and benefits among the parties involved. 3. Gas Storage and Secondary Recovery Unit Agreement: In certain cases, a combined agreement may be developed to cover both the gas storage and secondary recovery aspects. This comprehensive agreement encompasses the terms and conditions for gas injection, withdrawal, storage capacity, secondary recovery techniques, and associated costs. It ensures seamless coordination between the storage and secondary recovery operations, facilitating efficient utilization of the gas reserves. The Orange California Gas Storage and Secondary Recovery Unit Agreement is critical in ensuring the smooth functioning of gas storage and secondary recovery activities in Orange, California. By clearly defining the rights, obligations, and technical specifications related to gas storage and secondary recovery units, this agreement promotes transparency, accountability, and reliability in the utilization of gas resources.
