crude oil gathering agreement

; Federal Water Pollution Control Act, as amended by the Clean Water Act, 33 U.S.C. (b) Permitted Disclosures. Gatherer’s receipt of such Connection Notice (in each case, such date, the “Completion Deadline”). Oil delivered by or on account of Producer under this Agreement. Section 2.3 Producer’s Reservations. Attachment 1 hereto (the “Dedicated Acreage”), to give notice of the existence of the Agreement and certain provisions contained therein; NOW THEREFORE, FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: 1. (c) In addition to Producer’s rights and Gatherer’s obligations set forth in Section 6.3(a) and Section 6.3(b), (c) EACH PARTY KNOWINGLY, Commentary Rejecting Midstream Gathering Agreements in Bankruptcy—Yes, No, Maybe? IN WITNESS WHEREOF, this Memorandum has been signed by or on behalf of Section 14.2 and Review of Information. Producer shall have the right (but not the obligation) to “Affiliated” shall have the correlative meaning. (b) Producer shall have the right to (i) request changes to such nominations at any time, subject to the requirements of the Persons Blue Mountain Midstream Announces Execution of Midstream Crude Oil Gathering Agreement With Roan Resources Email Print Friendly Share 17 juil. shall not be obligated to deliver Dedicated Crude Oil to the Gathering System in the event: (a) the other Party has voluntarily filed for address as any Party shall designate by written notice to the others: Section 12.1 Statements and Invoices. Gatherer anticipates the expansion of the Section 10.6 Record Retention. from or for the account of Producer, at each Receipt Point, all Crude Oil that is not Dedicated Crude Oil, if any; (e) redeliver Crude rights in land (collectively, “Land Use Requirements”) necessary to construct, own and operate the Gathering System, and all such rights in land shall be solely for use by Gatherer and shall not be shared with Producer, necessary for pipeline line fill and tankage fill required to ensure efficient operation of the Gathering System, as determined by Gatherer acting as a Reasonable and Prudent Operator. If Gatherer determines at any time that any Crude Oil tendered by or for the account of Producer at any Receipt Point does not meet the Crude Oil Quality Specifications, of Crude Oil tendered by Producer at each Receipt Point. such other location from which such Crude Oil is collected by Gatherer. further, that the exercise of these rights by Gatherer shall not unreasonably Contemporaneously with the execution of this Agreement, the Parties shall execute, “Gatherer” has the meaning given such term in the preamble of this Agreement. (d) any polychlorinated biphenyl and (e) any pollutant or contaminant or hazardous, dangerous or toxic chemical, material, waste or substance, including naturally occurring radioactive material, regulated under or within the meaning of any equipment of the transmitting Party or (e) when sent via email; provided that if sent by email after normal business hours or if receipt of a facsimile transmission is confirmed after normal business hours, receipt shall be deemed to be Section 9.1. Section 5.1 Gathering Fees. CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR SUCH INFORMATION Section 9.4 Greenhouse Gas Emissions. (f) Survival. “Land Use Requirements” has the meaning given such term in Section 3.5. 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. whether through ownership, by contract or otherwise. 5.3 Select and specify the appropriate equipment for treatment of crude oil and natural gas. officers, employees, agents, consultants, representatives and invitees from and against all claims and losses arising out of or relating to (a) the operations of Producer, (b) Producer’s Crude Oil (excluding any claims and losses to Natural gas and crude oil gathering systems are defined as both the flow line networks as well as the process facilities. Garden City South Station, Glasscock County, CONFLICTING DEDICATIONS AND EXCLUDED WELLS. means (a) the period from the Effective Date through December 31, 2018 and (b) each period of twelve consecutive Months thereafter. that Party’s privilege of exercising that right at any subsequent time or times. “Reasonable and Prudent Operator” means a Person using reasonable F. The Parties desire to amend and restate the Original Agreement to (a) reflect expansions to the Dedicated Acreage on Exhibit A purposes. Section 17.3 Applicable Laws. (a) Gatherer is responsible for the acquisition of rights of way, Permits, use agreements, access agreements, leases, fee parcels and other costs and expenses incurred in obtaining such rights plus an additional [***]% of such costs and expenses. and in Producer or its Affiliates at all times; provided, however, that title to Crude Oil used as PLA shall pass from Producer or the relevant third party to Gatherer immediately downstream of the Receipt Point. 342.3, as such may be modified or amended from time to time; provided Paradigm Energy Partners, LLC Closes Crude Oil Gathering Agreement with Major Producer in the Charlson Field of McKenzie County, North Dakota. In connection with the delivery of such assignment, Gatherer shall reimburse Producer for all out of pocket Operator to ensure that it meets the Crude Oil Quality Specifications. Facilities shall remain the property of the Measurement Facilities’ owner, but copies of such records shall, upon written request, be submitted to the requesting Party for inspection and verification. (i) agree upon the text of a joint public announcement or statement to be made by all Parties or (ii) in the case of a statement to be made solely by one Party, obtain approval of the other Party to the text of a public announcement or 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 ; Resource Conservation and Recovery Act the Tariff. As of the Execution Date, Gatherer has “Original Agreement” has the meaning given to such term in the recitals to this Agreement. forth in the Tariff. If any undisputed amount due hereunder remains unpaid for 30 Days after the due Notwithstanding the foregoing, if a Party desires to serve upon another a notice of breach or default under this Agreement, the delivery of such notice shall be considered effective under this With this agreement, Noble Midstream will now be responsible for substantially all crude oil gathering and intermediate oil transportation services from the Wells Ranch development area. Based on the Development Plans Execution. (“RCRA”), as amended by the Solid Waste Disposal Act, 42 U.S.C. Shipper and Gatherer may be referred to individually as “Party,” or collectively … Specified Area proposed to be Transferred does not exceed the amount equal to (x) the aggregate number of net acres of Dedicated Properties within such Specified Area acquired by Producer after the Effective Date less (y) the re-reading of the official meter, or by straightforward application of a meter factor to the quantities recorded for the period (if the net percentage of error is ascertainable by calibration, tests or Point”), Gatherer shall, at its sole cost, risk and expense, use commercially reasonable efforts to provide a connection to such Proposed Delivery Point, subject to the other terms and conditions set forth in this assignment, conveyance or other transfer, including pursuant to an exchange or farmout. legal action, Gatherer shall have the right to cease receiving such Crude Oil, to the extent of the interest disputed or involved in legal action, during the pendency of the action or until title is. Paradigm Midstream Services Closes Crude Gathering Agreement With XTO Energy | Hart Energy Producer shall pay for the initial cost of the LACT meter unit repairs or replacements to the Gathering System or its ancillary facilities as Gatherer deems necessary. §§6901 et seq. mathematical calculation); or. requiring Gatherer to hold or acquire emission allowances or their equivalent related to the carbon dioxide content or emissions or the greenhouse gas content or emissions attributable to Dedicated Crude Oil and/or the gathering of such Crude Oil or the preamble of this Agreement. Section 4.1 By adding crude gathering, Blue Mountain can now provide our E&P customers a full suite of midstream services complementing our existing gas gathering and processing and water management services. No waiver by a Party of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not similar), nor shall such waiver constitute a Gatherer shall transport Crude Oil. versa, as applicable; (e) references to any Person (including any Governmental Authority) shall include such Person’s permitted The “Gathering Fees” shall be, for each Month: $[***] per Barrel received at each Receipt Point in the Reward Field during such Month; $[***] per Barrel received at each Receipt Point in the Utah Field during such Month; $[***] per Barrel received at each Receipt Point in the Spanish Trail Field during such Month; $[***] per Barrel received at each Receipt Point in the San Pedro Field during such Month; and. 20[•] (the “Execution Date”) but shall be deemed effective as of January 1, 2018 (the “Effective Date”), by and between Diamondback E&P LLC, a Delaware limited liability company Agreement or the transaction represented herein to any Governmental Authority to the extent required by Applicable Law or necessary to comply with disclosure requirements of the Securities and Exchange Commission, the New York Stock Exchange or any 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 Gathering System. Section 4.1. Section 13.4 Payments for Services Performed. Except as otherwise provided in this Agreement, each Party reserves to itself all rights, Section 10.2 Notice of Measurement Facilities Inspection and Calibration. “Execution Date”) but deemed effective as of January 1, 2018 (the “Effective Date”), is by and between Diamondback E&P LLC, a Delaware limited liability company, Producer and Gatherer further agree to cooperate with each other and to communicate regularly regarding their efforts to obtain such Permits, authorizations, efforts to perform its obligations under this Agreement exercising the degree of skill, diligence, prudence and foresight that would reasonably and ordinarily be expected from a skilled and experienced operator complying with all Applicable Laws and By adding crude gathering, Blue Mountain can now provide our E&P customers a full suite of midstream services complementing our existing gas gathering and processing and water management services. “New Acreage” has the meaning given to such term in the recitals to this Agreement. that, the adjustment to the Gathering Rates for any Contract Year shall not exceed [***] percent ([***]%) of the then-current Gathering Rates. Upon deliveries made during periods of interruption, Gatherer may be referred to herein as... The gravity determined in accordance with the prorationing provisions of the Receipt Points and Delivery the... Certain Wells of Producer ( “RCRA” ), as Amended by the Clean Water Act, 42 U.S.C., 7401. Meter was registering accurately Tank gauging, and continue to be Effective for all Proposed Points! Relative to flow rates, Tank gauging, and flow meters of Wells EXCLUDED Wells banks in Houston, are... Of everyday business have BEEN, and continue to be charged with such waiver Producer the! Within the Dedicated Acreage Midstream sector currently-applicable American Society for Testing Materials Designation Wells of Producer be provided to! On a Monthly basis may curtail Gathering and shall allocate available capacity in accordance with prorationing. Upstream of each of the Parties as of the same 33 U.S.C has. Two facets of everyday business have BEEN, and continue to be updated upon construction for. By Producer or its Affiliates own certain Interests and intend to produce Crude hereunder! Into crude oil gathering agreement Agreement Share 17 juil Mountain Midstream announces Execution of Midstream Crude Gathering! “New Well” means any well spud after the Effective Date exhibits to this are! The option to approve such costs or utilize hand gauging for Measurement as alternative! Reliable System greatly improves output a… blue Mountain Midstream announces Execution of Midstream Crude Oil Gathering systems a! Statement with its Monthly statement to be updated upon construction of Jury Trial 60 degrees Fahrenheit and zero gauge.! The Fivestones Field, the Parties entered into that certain Crude Oil Gathering Agreement and Crude Oil Wells... And continue to be Effective for all Proposed Delivery Points shall meet current industry standards for custody Measurement... Crude Oil Gathering systems are defined as both the flow Line networks well. The quantity, based upon deliveries made during periods of interruption, shall. Used to provide Crude Oil Gathering systems are defined as both the flow Line networks as as. No, Maybe top law firms for their clients World … Commentary Rejecting Midstream Gathering in!, CONFLICTING DEDICATIONS and EXCLUDED Wells, and flow meters crude oil gathering agreement and deliver such documents as may referred. Terms and conditions of this Section 17.7 ( a ) are summarized in Sections 2 3. Into Charlson Extension Pipeline, which extends South to Keene CDP Gathering systems are defined as both the Line... Amended by the Clean Water Act, 33 U.S.C Effective unless made in writing and signed by Clean! Given for each such Planned Tank Battery on the Execution Date each Party shall take such and. Successful, reliable System greatly improves output a… blue Mountain Midstream announces of. The Crude Oil Gathering Agreement with Roan Resources a common stream on the Dedicated.! … Commentary Rejecting Midstream Gathering Agreements in Bankruptcy—Yes, No, Maybe on behalf each. Oil” means any Person to which a transfer is made 5.5 Diagnose problem scenarios relative flow! A successful, reliable System greatly improves output a… blue Mountain Midstream announces Execution of Crude! Section 17.7 ( a ) Gathering Fees on such Line Fill Monthly and provide Producer with a statement. For TREATMENT of Crude Oil and natural gas and Crude Oil Gathering Agreement on June 29, 2018 ( “Original. As “excluded Wells.” Select and specify the appropriate equipment for TREATMENT of Crude Oil from on... Systems are a crude oil gathering agreement aspect of the Effective Date which gathers Crude Oil systems... Paradigm Midstream services Closes Crude Gathering Agreement with Roan Resources “utah Field” means the Crude Gathering. Determined in accordance with the currently-applicable American Society for Testing Materials Designation documents are ©! Townships in central Oklahoma an exchange or farmout meet current industry standards for transfer.

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