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.
Washington Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a crucial document related to gas balancing agreements in Washington. This agreement is designed to regulate the balancing of gas supplies between parties involved in gas extraction or transportation within the state. The Washington Exhibit E is a specific section of the Operating Agreement Gas Balancing Agreement — Form 3, which provides detailed terms and conditions for gas balancing activities. Keywords: Washington, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 3, gas extraction, gas transportation, terms and conditions. The Washington Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 serves as an essential tool for parties involved in the gas industry. It outlines the obligations, responsibilities, and procedures related to gas balancing activities within the state. There may be different types or variations of Washington Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, depending on the parties involved and their specific requirements. Some potential variations may include: 1. Washington Exhibit E for Gas Producer Balancing Agreement: This type of agreement may be specific to gas producers within Washington. It focuses on the balancing of gas between various gas producing entities, ensuring an equitable distribution and efficient utilization of gas resources. 2. Washington Exhibit E for Gas Transporter Balancing Agreement: This particular type of agreement may be applicable to gas transporters or pipeline companies operating within Washington. It outlines the procedures for balancing gas within their pipeline networks and addresses issues related to gas allocation and distribution among various customers. 3. Washington Exhibit E for Gas Marketer Balancing Agreement: Gas marketers involved in buying and selling gas within Washington may have their own unique version of the Exhibit E. This variation would focus on balancing the quantities of gas purchased and sold, ensuring accuracy and fairness in gas transactions. Overall, the Washington Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 plays a critical role in governing gas balancing activities in Washington. It ensures the smooth functioning of the gas industry by facilitating cooperation, transparency, and effective management of gas supplies among the parties involved.
