This operating agreement exhibit states the intent of the Parties that each Party shall have the right to take in kind and separately dispose of its proportionate share of gas (including casinghead gas) produced from each formation in each well located on the acreage (the "Contract Area") covered by the Operating Agreement.
Utah Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that outlines the terms and conditions for gas balancing in the state of Utah. This agreement is designed to establish a fair and efficient process for managing gas imbalances between parties involved in gas production, transportation, and delivery. Keywords: Utah, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 3, legal document, terms and conditions, gas balancing, gas imbalances, gas production, transportation, delivery. There are different types of Utah Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 that may exist based on specific circumstances and parties involved. These variations may include: 1. Utah Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Gas Producers: This type of agreement is specifically tailored for gas producers in Utah. It outlines the responsibilities and obligations of gas producers to balance their production with their contractual obligations and avoid imbalances. 2. Utah Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Transporters: This agreement is designed for gas transporters who are responsible for transporting gas from the production sites to the delivery points. It specifies the transporters' obligations and procedures for balancing gas imbalances during transportation. 3. Utah Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 for Delivery Points: This type of agreement focuses on the responsibilities and obligations of entities operating delivery points in Utah. It outlines the procedures and guidelines for balancing gas imbalances occurring at the delivery points. Regardless of the specific type, Utah Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 serves as a crucial legal framework to ensure efficient gas balancing and maintain the integrity of the gas production, transportation, and delivery processes in Utah.
