Pad Gas definition

Pad Gas means the quantity of Gas required to remain in the storage cavern to protect the cavern’s integrity. Depending upon the particular Contract, either the Customer or Moss Bluff Hub shall make the arrangements necessary to provide the quantity of Pad Gas necessary to support Customer’s Contract MSQ with Moss Bluff.
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Pad Gas means a volume of gas used to maintain pressure and deliverability in the Storage Reservoir.
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Pad Gas means the natural gas in a natural gas storage facility assumed necessary to maintain reservoir pressure sufficient to permit the withdrawal, injection and maintenance of working gas in inventory in such storage facility. For purposes of this Agreement, Buyer and Seller have assumed (without any representation or warranty from Seller) that the Pad Gas in the West Clear Lake natural gas storage facility is approximately 29 bcf and the Pad Gas in the ▇▇▇▇▇▇▇▇ Ridge natural gas storage facility is approximately .950 bcf.
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Examples of Pad Gas in a sentence

  • As of the Closing Date, the Company will have no volumetric or financial exposure with respect to the provision of interruptible gas storage services, other than in respect of (i) pad gas held by the Company pursuant to the Pad Gas Agreements or (ii) transactions pursuant to Firm Storage Service Agreements or Interruptible Storage Service Agreements for which a purchase price adjustment is made pursuant to Section 2.2.

  • Purchaser agrees not to, and to cause its Subsidiaries (including, following the Closing, the Cardinal Companies) not to, alter, modify, amend or waive any right under the Pad Gas Lease with an intention to decrease or eliminate any amounts that may become payable to Sellers pursuant to this Section 2.05.

  • As of the Closing Date, the Company will have the Minimum Pad Gas in inventory.

  • The cash received by the Company from the Class B Members with respect to requests for additional member capital contributions by Cardinal for obligations under the Pad Gas Lease shall be paid to Cardinal in response to such request.

  • Any requests for additional member capital contributions from Cardinal with respect to the Pad Gas Lease shall be paid to the Company by the Class B Members.


More Definitions of Pad Gas

Pad Gas. - means the “cushion” or “pad” gas maintained within the Bammel facility providing pressurization.
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Pad Gas means the volume of gas needed as a permanent inventory to maintain adequate reservoir pressures and deliverability rates at the Facility throughout the withdrawal season.
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Related to Pad Gas

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Associated Gas means the gas cap overlying a crude oil accumulation in a reservoir.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Process Gas means gas used for which alternate fuels, other than another gaseous fuel, are not technically feasible such as in applications requiring precise temperature controls and precise flame characteristics.