This operating agreement exhibit is used in the event any party is not able to take its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which is unable at any time while the Operating Agreement is in effect to take the share of gas attributable to the interest of the party.
Delaware Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a comprehensive and essential document that outlines the specific terms and conditions related to gas balancing in Delaware. This agreement is typically entered into by parties involved in natural gas operations, such as gas producers, transporters, and buyers. It plays a crucial role in ensuring efficient and fair gas balancing practices within the state. The Gas Balancing Agreement — Form 1 is designed to address the unique requirements and regulations applicable to gas balancing in Delaware. It includes provisions that outline the responsibilities and obligations of the parties involved, including gas delivery and quality specifications, metering and measurement procedures, data reporting requirements, and financial settlements related to gas imbalances. The Delaware Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may have different variations or types, depending on the specifics of the gas operations and the parties involved. This may include variations for different types of gas commodities, such as natural gas, liquefied natural gas (LNG), or compressed natural gas (CNG). Additionally, there might be different versions of the agreement tailored for specific types of gas facilities, such as pipelines, storage facilities, or processing plants. Key keywords relevant to this topic may include: — Delaware Exhibit — - Operating Agreement — Gas Balancing Agreemen— - Form 1 - Gas balancing — Gas operation— - Gas producers - Gas transporters — Gas buyer— - Gas delivery specifications — Gas quality specification— - Metering and measurement procedures — Datreportingin— - Financial settlements — Gas imbalance— - Natural gas - LNG - CNG — Pipeline operation— - Storage facilities — Processing plants.
