Common use of Lost and Unaccounted For Gas Clause in Contracts

Lost and Unaccounted For Gas. Gatherer will conduct the services required to be performed by Gatherer under this Agreement using practices, methods and acts which are engaged in or which have been approved by a significant portion of the natural gas gathering industry. Producers acknowledge, however, that certain volumetric losses in Producers’ Gas and MV Mitigation Gas will occur even if such services are conducted in accordance with the preceding sentence, and such losses attributable to Lost and Unaccounted for Gas shall be shared and allocated among Producers and other third party shippers on each Xxxxxxx Gathering System in the proportion that each party delivers Gas to that Xxxxxxx Gathering System. Producers’ allocated share of Lost and Unaccounted for Gas on the Xxxxxxx Gathering Systems shall be based on actual losses on the Xxxxxxx Gathering Systems and shall not be subject to any minimum or maximum limits.

Appears in 4 contracts

Samples: Barnett Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Barnett Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)

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Lost and Unaccounted For Gas. Gatherer will conduct the services required to be performed by Gatherer under this Agreement using practices, methods and acts which are engaged in or which have been approved by a significant portion of the natural gas gathering industry. Producers acknowledge, however, that certain volumetric losses in Producers’ Gas and MV Mitigation Gas will occur even if such services are conducted in accordance with the preceding sentence, and such losses attributable to Lost and Unaccounted for Gas shall be shared and allocated among Producers and other third party shippers on each Xxxxxxx Midcon Gathering System in the proportion that each party delivers Gas to that Xxxxxxx Midcon Gathering System. Producers’ allocated share of Lost and Unaccounted for Gas on the Xxxxxxx Midcon Gathering Systems shall be based on actual losses on the Xxxxxxx Midcon Gathering Systems and shall not be subject to any minimum or maximum limits.

Appears in 2 contracts

Samples: Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)

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Lost and Unaccounted For Gas. Gatherer will conduct the services required to be performed by Gatherer under this Agreement using practices, methods and acts which are engaged in or which have been approved by a significant portion of the natural gas gathering industry. Producers acknowledge, however, that certain volumetric losses in Producers’ Gas and MV Mitigation Gas will occur even if such services are conducted in accordance with the preceding sentence, and such losses attributable to Lost and Unaccounted for Gas shall be shared and allocated among Producers and other third party shippers on each Xxxxxxx the Springridge Gathering System in the proportion that each party delivers Gas to that Xxxxxxx the Springridge Gathering System. Producers’ allocated share of Lost and Unaccounted for Gas on the Xxxxxxx Springridge Gathering Systems System shall be based on actual losses on the Xxxxxxx Springridge Gathering Systems System and shall not be subject to any minimum or maximum limits.the caps to be agreed among the Parties pursuant to Section 11 of this Exhibit A.

Appears in 1 contract

Samples: Gas Gathering Agreement (Chesapeake Midstream Partners Lp)

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