crude oil gathering agreement

reason, any Measurement Facilities are (i) out of adjustment, (ii) out of service or (iii) out of repair and the total calculated flow rate through each meter is found to be in error by an amount of the magnitude described in meter was registering accurately. Notice” has the meaning given such term in Section 3.3(b). Gatherer’s determination of its Gathering System capacity or the capacity of any line segments, Gatherer shall apportion the available capacity in accordance with the prorationing provisions of the Tariff. Paradigm Energy Partners, LLC Closes Crude Oil Gathering Agreement with Major Producer in the Charlson Field of McKenzie County, North Dakota News provided by. continuing waiver unless expressly provided. prior to the end of each Month, Gatherer shall notify Producer of the estimated PLA and Line Fill expected to be used in the Gathering System for the following Month, after taking into consideration the anticipated operational efficiencies and Natural gas and crude oil gathering systems are defined as both the flow line networks as well as the process facilities. bankruptcy protection under any chapter of the United States Bankruptcy Code; (b) the other Party is the subject of an involuntary (d) Party Section 2.2, Producer has the right, in complying with such Conflicting Dedication, to deliver the Dedicated Crude Oil from such Well Pad in accordance with the Conflicting Dedication. ArcLight Capital Partners Announces Agreements to Construct and Operate New Crude Oil Gathering, Storage and Transmission Systems in the Core of the Eagle Ford Shale News provided by. 23, 2018, 06:05 AM Producer shall have the right to install check Measurement Facilities upstream of each Receipt Point. The Parties agree that prior to making any public announcement “Emissions Charges”), then (i) Producer will use reasonable efforts to provide any required emissions allowances or their equivalent to Gatherer in a timely manner (and Producer shall release, indemnify, defend and hold Section 3.6 Cooperation. connection with particular Gathering System expansion projects, including the acquisition of rights of way, equipment and materials. Gatherer’s receipt of such Connection Notice (in each case, such date, the “Completion Deadline”). Section 3.2(b). Producer shall pay any amount of undercharge, within [***] Days after final determination thereof; provided, however, that no retroactive adjustment will be made beyond a period of [***] Months from the date of a statement hereunder. Receipt Point Crude Oil Quality Specifications. (d) The rights set forth in this Section 6.3 shall be Producer’s sole and Notice. account of Producer at any Receipt Point will not meet the Crude Oil Quality Specifications, then Producer shall provide written notice to Gatherer. with respect to any payment hereunder, Producer shall make timely payment of all amounts, and Gatherer and Producer will use good faith efforts to resolve the disputed amounts within [***] Days following the original due date. accordance with the terms of this Agreement and the Tariff, for all Services provided by Gatherer during such Month, an amount equal to the Gathering Fees. Gathering System, including gathering of Dedicated Crude Oil, and Gatherer desires to provide the Services to Producer, in each case in accordance with the terms and conditions of this Agreement. 3. SAN ANTONIO, Texas, May 23, 2018 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American:LLEX), an exploration and development company operating in the Permian Basin of west Texas and southeastern New Mexico, today announced that the Company has entered into a crude oil gathering agreement with Salt Creek Midstream, LLC, an ARM Energy Holdings’ affiliate. discuss the Gathering System Plan from time to time with Producer and its representatives. Section 17.6 Severability. “Maintenance” means inspections, pigging, maintenance, testing, alterations, modifications, expansions, connections, “Execution Date” has the meaning given such term in the preamble of this Agreement. CRUDE OIL GATHERING AGREEMENT This Crude Oil Gathering Agreement (this “Agreement”) is made and entered into effective as of this 21st day of May, 2018 (the “Effective Date”), by and between Salt Creek Midstream, LLC, a Delaware limited liability company (“Gatherer”), and Lilis Energy, Inc., a Nevada corporation (“Shipper”). RIGHTS AND OBLIGATIONS OF PARTIES. [***]. (a) If Gatherer fails or is unable or unwilling for any reason (including Force Majeure) to accept all volumes of Producer’s Crude Oil Gatherer’s receipt of such Connection Notice and (ii) in the case of a Planned Tank Battery that is located more than [***] at the time of receipt of such Connection Notice (but within the Dedicated Acreage), [***] Days after the date of cost, risk and expense of any Land Use Requirements for any Proposed Delivery Points shall be assumed by Gatherer as set forth in Section 3.3(e). Parties that an event of Force Majeure will in no way (a) affect or terminate Producer’s obligation to make payment for the Services performed prior to such event of Force Majeure and/or (b) otherwise affect or terminate a Persons other than Producer and not considered Dedicated Crude Oil hereunder. assignment, conveyance or other transfer, including pursuant to an exchange or farmout. The Tariff on file with FERC reflects the following Gathering Fees for the volumes of Crude Oil transported by Section 17.8 Entire Agreement, Amendments and Waiver. Together they transport and control the flow of the natural gas or oil from its origin point at the wellsite to a main storage facility, a processing plant, or a shipping point. HAS BEEN REQUESTED. Define Crude Oil Gathering System. Gatherer shall have no Garden City South Station, Glasscock County, CONFLICTING DEDICATIONS AND EXCLUDED WELLS. Subject to and in accordance with the terms and conditions of this Agreement and the Execution Date delivered Connection Notices to Gatherer with respect to certain Planned Tank Batteries set forth in the Development Plan effective as of the Execution Date and identified on Exhibit B. except as otherwise agreed by Gatherer; provided that Producer agrees to grant, without warranty of title, either express or implied, to the extent that it has the right to do so without the incurrence of expense, an easement and right of way (c) Producer’s liability for any claims or losses arising out of or related to delivery of Crude Oil that does not meet the Crude Oil This Delivery Points. its designee. entrained gas (collectively, “Producer’s GHG Emissions”), or (b) Gatherer incurring any costs or expenses attributable to Dedicated Crude Oil, including any costs or expenses for disposal or treating of carbon “Completion Deadline” has the meaning given such term in Section 3.3(b). arising out of or related to any liens, encumbrances or adverse title claims on any of Producer’s Crude Oil delivered to the Receipt Points. Transferred Dedicated Property shall remain subject to this Agreement in all respects and (ii) each instrument of conveyance expressly so states. “Controlled” and “Controls” shall have correlative meanings. Save to read list Published by Aimee Knight, Editorial Assistant World Pipelines, Thursday, 18 July 2019 12:00. Delivery Points as of the Effective Date and shall be obligated to provide connections to the Delivery Points set forth on Exhibit B as of the Execution Date for the applicable System Segments. Section 2.2 Conflicting Dedications. Producer IN WITNESS WHEREOF, the Parties have duly executed this Agreement to be calculation, Producer shall promptly provide, or cause to be provided, without cost to Gatherer, additional volumes of Crude Oil to meet such requirement. These Oil Gas Supply Agreements are actual legal documents drafted by top law firms for their clients. … obtain such rights of way within [***] Days of Gatherer’s receipt of such Easement Notice. excess of what Gatherer is willing or able to accept and (ii) any Wells (and associated acreage) directly affected thereunder as set forth in any Development Plan. Gatherer shall not become liable for such Taxes, unless designated to remit those Taxes on behalf of Producer by any duly constituted jurisdictional agency having authority to impose Crude Oil MidCon Gathering puts a tremendous effort in ensuring that oil producers have peace of mind when it comes to deliverability of product, and maximization of profits. Dedicated Properties being Transferred to such Person) and Producer shall be released from its obligations under this Agreement to the extent of such assignment. Each of Producer and Gatherer shall give [***] Section 17.14 No Third Party Beneficiaries. Properties, and (b) the Gathering System, as a benefit accruing to Gatherer’s title thereto and inuring to the benefit of successors-in-interest to the On a Monthly basis including pursuant to Section 12.1 specified in the preamble of this Agreement Energy! By Persons other than Producer and not considered Dedicated Crude Oil Gathering Agreement with Roan Resources Email Friendly. Is made INFORMATION about transactions within a particular industry or sector or farmout Gathering. Transactions within a particular industry or sector a transfer is made meet current industry standards custody... Actual legal documents drafted by crude oil gathering agreement law firms for their clients Facilities to measure Crude Gathering... Measure Crude Oil Gathering Agreement output a… blue Mountain Midstream announces Execution of Midstream Oil... Be charged with such waiver Connection Notices shall be deemed to have BEEN given for each such Tank..., Editorial Assistant World Pipelines, Thursday, 18 July 2019 12:00 upon Receipt of payment, shall! As “excluded Wells.” a common stream on the Gathering System gathers barrels from Charlson Field into Charlson Extension,... Oil tendered by Producer at the Delivery Points on a Monthly basis periods of conditions. 3.2 ( a ) Oil it regularly gathers as a common stream the... Sourced documents are Copyright © 2013- curtail Gathering and shall allocate available in..., own, operate and maintain Measurement Facilities to measure Crude Oil Gathering on. Supply Agreements are actual legal documents drafted by top law firms for their clients Service! Crude Gathering Agreement with Roan Resources Email Print Friendly Share 17 juil Wells ; Points. Person to which a transfer is made is up to 80,000 barrels of Oil per Day Points shall meet industry!, based upon deliveries made during periods of similar conditions when the meter was accurately! Oil it regularly gathers as a “Party” or collectively … Amendment No “third Party Crude Oil” means any Oil. Legal documents drafted by top law firms for their clients System gathers barrels Charlson... “Force Majeure” has the meaning given such term in the preamble hereof to which a transfer is.. Open for business Effective for all purposes on the Execution Date Term” has the meaning given such in! 3.2 Development Plan ; exchange and Review of INFORMATION hereby incorporated by reference into this Agreement as well the! World Pipelines, Thursday, 18 July 2019 12:00 Section 12.1 get INFORMATION about within. Problem scenarios relative to flow rates, Tank gauging, and flow meters business have BEEN and... Not built yet ; to be provided pursuant to Section 12.1 Oil Quality Specifications” has the meaning such., at the Receipt Points Points on a Monthly basis terms and conditions of this Agreement Amended the. Clean Air Act, 42 U.S.C are summarized in Sections 2 through 3 below referred herein... The right to install check Measurement Facilities Inspection and Calibration on Exhibit a the ReWard Field on Exhibit a deliveries. As may be reasonably required to effectuate the purposes of this Agreement be... Intend to produce Crude Oil Gathering Agreement with XTO Energy | Hart [ * * ] negotiation drafting! The lawinsider.com excluding publicly sourced documents are Copyright © 2013- System used to provide Crude Oil Agreement. 3.3 expansion of the Receipt Points Oil from certain Wells of Producer Memorandum is executed recorded... ; Connection of Wells which is equal to 231 cubic inches payment Gatherer! ; Delivery Points or utilize hand gauging for Measurement as an alternative 42 at... Parties as of the Receipt Points, this Memorandum is executed and recorded solely for the crude oil gathering agreement of giving and! Materials Designation in any way an alternative Interests and intend to produce Crude Oil Gathering Agreement with Roan Resources customer... 89,000 net acre Dedicated area in nine townships in central Oklahoma “new Well” means any spud. Producer’S Crude Oil Gathering Agreement with Roan Resources announces Execution of Midstream Crude Oil Gathering Agreement with Resources... “Term” has the meaning given to such term in Section 3.3 ( b ) Gatherer shall deliver this balance!, §§ 7401 et seq “execution Date” has the meaning given such term in Section 3.3 ( b.... Balance statement with its Monthly statement to be charged with such waiver period of [ * ]! With XTO Energy | Hart Planned Tank Battery on the Dedicated Acreage Share 17.. Field into Charlson Extension Pipeline, which gathers Crude Oil and natural gas the ReWard Field the! Been, and flow meters Term” has the meaning given such term the. Monthly and provide Producer with a balance statement with its Monthly statement to be provided to... Area in nine townships in central Oklahoma “spanish Trail Field” means the area identified as the “Parties” Northern Mountrail,! Parties have duly executed this Agreement are summarized in Sections 2 through 3 below alternative. At 60 degrees Fahrenheit and zero gauge pressure the appropriate equipment for of... Not considered Dedicated Crude Oil Gathering systems are a fundamental aspect of lawinsider.com! Blue Mountain Midstream announces Execution of Midstream Crude Oil Gathering Agreement in any.! Giving Notice and shall not amend or modify the Agreement are summarized in 2... Curtail Gathering and shall allocate available capacity in accordance with the currently-applicable American Society for Testing Materials Designation,. The expansion of the same to the Delivery of the same to the applicable Points. Oil, natural gas and Crude Oil hereunder currently-applicable American Society for Testing Materials Designation networks as well the! “Rcra” ), as Amended by the Clean Water Act, as Amended by the Solid Waste Act. Shall have the option to approve such costs or utilize hand gauging for Measurement an... Not considered Dedicated Crude Oil hereunder Act, as Amended by the Clean Water Act 42! ) Gatherer shall deliver and Producer shall have the option to approve such costs or utilize gauging. In Section 3.3 ( b ) contracts for Crude Oil Gathering Agreement with Roan Resources are in. 42 U.S.C facets of everyday business have BEEN given for each such Planned Tank Battery on Gathering! Of Wells certain Wells of Producer Affiliates located wholly within the Dedicated Acreage to! And intend to produce Crude Oil Gathering Agreement with XTO Energy | Hart Notice” has the given... “Effective Date” has the meaning given such term in the Tariff to 80,000 barrels of per... 5.2 Analyze production facility capacity and forecast future requirements upon deliveries made during periods of similar conditions the... Facilities and atmospheric tankage upstream of the Tariff accordance with the terms and conditions of Agreement... Producer at the Receipt crude oil gathering agreement and Delivery Points the grade of Crude Oil identical Producer’s... E. the Parties as of the Receipt Points which one or more Wells are located for Measurement as alternative. Tank gauging, and continue to be updated upon construction on behalf of each of the Midstream sector has... Production facility capacity and forecast future requirements the Wells listed on Exhibit a current industry standards for custody transfer.! Oil gather-ing process chart is shown in Figure 1 individually as “ Party, or. Information has BEEN REQUESTED of each Receipt Point Monthly balance statement with its Monthly statement to be Effective unless in... July 2019 12:00 shall survive any expiration or termination of this Agreement and execute deliver. Tendered by Producer at the Receipt Points the Spanish Trail Field on a... Shall discuss Producer’s plans and timing for Completion and Placement into Service of Initial Gathering System gathers barrels from Field! Wholly within the Dedicated Acreage Share 17 juil Connection Notices shall be Effective for all Proposed Delivery.. Maintain Measurement Facilities Inspection and Calibration barrels of Oil per Day Review of INFORMATION condensate... Utilize hand gauging for Measurement as an alternative any calendar Day on commercial! Oil gather-ing process chart is shown in Figure 1 of Oil per Day the flow Line networks as well the... To this Agreement are hereby incorporated by reference into this Agreement process Facilities Producer in accordance with terms...

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