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.
Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that outlines the terms and conditions related to gas balancing agreements in the state of Missouri. This agreement serves as an addendum to the operating agreement and provides important provisions and guidelines for gas balancing activities. Gas balancing refers to the process of adjusting gas production and consumption within a specific region or area to ensure that supply meets demand and to maintain system integrity. This balancing agreement is crucial for promoting reliability and efficiency in the gas industry within Missouri. The Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 covers various aspects including allocation of gas production and costs, measurement and metering requirements, distribution and pipeline regulations, storage and transportation provisions, and dispute resolution mechanisms. Different types or variations of Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may exist depending on the specific gas company or parties involved in the agreement. However, the essential content and purpose remain the same — to establish a framework for gas balancing activities in Missouri and ensure fair and sustainable practices among gas producers, distributors, and consumers. Keywords: Missouri, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 1, legal document, terms, conditions, gas balancing, addendum, provisions, guidelines, production, consumption, supply, demand, system integrity, reliability, efficiency, gas industry, allocation, costs, measurement, metering, distribution, pipeline, regulation, storage, transportation, dispute resolution, variations, gas company, parties, framework, practices, producers, distributors, consumers.
