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.
Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that serves as an appendix to the Operating Agreement Gas Balancing Agreement pertaining to gas balances in the state of Wyoming. This exhibit provides a detailed framework and guidelines for gas balancing activities between parties involved in the production, transportation, and distribution of natural gas in Wyoming. Keywords: Wyoming, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 1, legal document, gas balances, production, transportation, distribution, natural gas. The Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 ensures proper management and maintenance of gas balances in accordance with the regulations and requirements set forth by Wyoming's governing bodies and industry standards. It outlines the responsibilities, rights, and obligations of all parties involved in gas balancing activities within the state. This exhibit may be relevant for various entities including gas producers, pipeline operators, gas marketers, and distributors operating within Wyoming. It promotes transparency, accuracy, and efficiency in gas balancing operations. Types of Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may include variations specific to different gas balancing scenarios. For example: 1. Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 for Production Companies: This type may focus on gas balancing agreements between gas production companies and transportation/distribution operators in Wyoming. 2. Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 for Pipeline Operators: This type may address gas balancing agreements between pipeline operators and production companies/marketers in Wyoming. 3. Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 for Marketers: This type may specifically cater to gas balancing agreements between gas marketers and production companies/pipeline operators in Wyoming. Overall, the Wyoming Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 plays a crucial role in ensuring the fair and equitable distribution of gas resources in Wyoming while minimizing imbalances and discrepancies. It provides a comprehensive framework for managing and resolving gas balancing issues, thereby supporting the smooth operation of the gas industry within the state.
