Gas Gathering. The Managing General Partner shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies and/or end-users in the area and shall receive a gathering fee at a competitive rate for gathering and transporting the Partnership's gas. If the Partnership's gas production is gathered and transported through the gathering system owned by Atlas Pipeline Partners, then the Managing General Partner shall apply its gathering fee towards the agreement between Atlas Pipeline Partners and Atlas America, Inc., Resource Energy, Inc., and Viking Resources Corporation. If the Partnership's gas production is gathered and transferred through a gathering system owned by a third-party, then the Managing General Partner shall pay a portion or all of its gathering fee to the third-party gathering the natural gas.
Gas Gathering. The Managing General Partner, not acting as a Partner, shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies, and/or end-users in the area (the “gathering services”). In providing the gathering services, the Managing General Partner may use the gathering system owned by Atlas Pipeline Partners, as described in the Prospectus, and gathering systems owned by independent third-parties and/or Affiliates of Atlas America other than Atlas Pipeline Partners. The Partnership shall pay a gathering fee directly to the Managing General Partner at competitive rates for the gathering services. The gathering fee paid by the Partnership to the Managing General Partner may be increased from time-to-time by the Managing General Partner, in its sole discretion, but may not increase beyond competitive rates as determined by the Managing General Partner. Currently, the Managing General Partner has determined that the competitive rate is an amount equal to 13% of the gross sales price received by the Partnership for its natural gas in each of its primary or secondary areas as described in the Prospectus. Gross sales price means the price that is actually received, adjusted to take into account proceeds received or payments made pursuant to hedging arrangements. The payment of a competitive fee to the Managing General Partner for its gathering services shall be subject to the following conditions:
Gas Gathering. The Managing General Partner, not acting as a Partner, shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies, and/or end-users in the area (the “gathering services”). In providing the gathering services, the Managing General Partner may use the gathering system owned by Laurel Mountain Midstream, LLC, as described in the Private Placement Memorandum, and natural gas processing plants in Pennsylvania in which the Managing General Partner and/or its Affiliates owns an interest, as well as gathering systems owned by independent third-parties. The Partnership shall pay a gathering fee directly to the Managing General Partner at competitive rates for the gathering services. The gathering fee paid by the Partnership to the Managing General Partner may be increased from time-to-time by the Managing General Partner, in its sole discretion, but may not increase beyond competitive rates as determined by the Managing General Partner. Initially, the Managing General Partner has determined that the competitive rate is an amount equal to 16% of the gross sales price received by the Partnership for its natural gas in the Marcellus Shale (western Pennsylvania) primary area. Gross sales price means the price that is actually received, adjusted to take into account proceeds received or payments made pursuant to hedging arrangements. The payment of a competitive fee to the Managing General Partner for its gathering services shall be subject to the following conditions:
Gas Gathering. The Managing General Partner shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies and/or end-users in the area and shall receive a gathering fee at a competitive rate for gathering and transporting the Partnership's gas. If the Partnership’s natural gas production is gathered and transported through the gathering system owned by Atlas Pipeline Partners, then the Managing General Partner shall apply its gathering fee towards the agreement between Atlas Pipeline Partners and Atlas America, Inc., Resource Energy, Inc., and Viking Resources Corporation. If the Partnership’s natural gas production is gathered and transported through a gathering system owned by a third-party, then the Managing General Partner shall pay a portion or all of its gathering fee to the third-party gathering and transporting the natural gas. If the Partnership’s natural gas production is gathered and transported through a gathering system owned by the Managing General Partner or its Affiliates other than Atlas Pipeline Partners, then the Managing General Partner or its Affiliates shall receive, or retain in the case of the Managing General Partner, the gathering fee paid to the Managing General Partner. Also, in the Mississippian and Devonian Shale Reservoirs in Anderson, Campbell, Xxxxxx, Xxxxx and Xxxxx Counties, Tennessee, if the Coalfield Pipeline does not have sufficient capacity to compress and transfer the natural gas produced from the Partnership’s xxxxx as determined by Atlas America, then Atlas America or an Affiliate other than Atlas Pipeline Partners may construct an additional gathering system and/or enhancements to the Coalfield Pipeline. On completion of the construction, Atlas America will transfer its ownership in the additional gathering system and/or enhancements to the owners of the Coalfield Pipeline, which will then pay Atlas America an amount equal to $.12 per mcf of natural gas transported through the newly constructed and/or enhanced gathering system. Coalfield Pipeline will charge this $.12 per mcf to the Partnership in addition to the rate that it is charging at that time. As of the date of the Prospectus, Coalfield Pipeline was charging $.55 per mcf for transportation plus fees for compression.
Gas Gathering. The Managing General Partner shall receive a gathering fee for gathering, compressing and transporting the Partnership's gas at a competitive rate.
Gas Gathering. The Managing General Partner, not acting as a Partner, shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies, and/or end-users in the area (the “gathering services”). In providing the gathering services, the Managing General Partner may use the gathering system owned by Laurel Mountain Midstream, LLC, as described in the Private Placement Memorandum, natural gas processing plants in Indiana in which an Affiliate of the Managing General Partner owns an interest, and gathering systems owned by independent third-parties and/or Affiliates of Atlas Energy, Inc. other than Laurel Mountain Midstream, LLC. The Partnership shall pay a gathering fee directly to the Managing General Partner at competitive rates for the gathering services. The gathering fee paid by the Partnership to the Managing General Partner may be increased from time-to-time by the Managing General Partner, in its sole discretion, but may not increase beyond competitive rates as determined by the Managing General Partner. Initially, the Managing General Partner has determined that the competitive rate is an amount equal to 16% of the gross sales price received by the Partnership for its natural gas in the Marcellus Shale (western Pennsylvania) primary area. In the New Albany Shale (Indiana) primary area the Managing General Partner has determined that the initial competitive natural gas transportation rate is a gathering fee in an amount equal to $0.005 (1/2 of one cent) per mcf per mile the Partnership’s natural gas is transported, plus a processing fee in an amount equal to $1.00 per mcf for natural gas that is processed in a processing plant in Indiana in which an Affiliate of the Managing General Partner owns an interest. Gross sales price means the price that is actually received, adjusted to take into account proceeds received or payments made pursuant to hedging arrangements. The payment of a competitive fee to the Managing General Partner for its gathering services shall be subject to the following conditions:
Gas Gathering. The Managing General Partner shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies and/or end-users in the area and shall receive a gathering fee at a competitive rate for gathering and transporting the Partnership's gas. If the Partnership’s natural gas production is gathered and transported through the gathering system owned by Atlas Pipeline Partners, then the Managing General Partner shall apply its gathering fee towards the agreement between Atlas Pipeline Partners and Atlas America, Inc., Resource Energy, Inc., and Viking Resources Corporation. If the Partnership’s natural gas production is gathered and transported through a gathering system owned by a third-party, then the Managing General Partner shall pay a portion or all of its gathering fee to the third-party gathering and transporting the natural gas. If the Partnership’s natural gas production is gathered and transported through a gathering system owned by the Managing General Partner or its affiliates other than Atlas Pipeline Partners, then the Managing General Partner or its Affiliates shall receive, or retain in the case of the Managing General Partner, the gathering fee paid to the Managing General Partner.
Gas Gathering. TXCO shall perform gas control data collection for gas production, and gas allocation for the Assets for the September production.
Gas Gathering. The Managing General Partner, not acting as a Partner, shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies, and/or end-users in the area (the “gathering services”). In providing the gathering services, the Managing General Partner may use gathering systems and natural gas processing plants in which an Affiliate of the Managing General Partner, Atlas Energy, L.P. or Atlas Resource Partners, L.P. owns an interest, as well as gathering systems owned by independent third-parties. The Partnership shall pay a gathering fee directly to the Managing General Partner at competitive rates for the gathering services. The gathering fee paid by the Partnership to the Managing General Partner may be increased from time-to-time by the Managing General Partner, in its sole discretion, but may not increase beyond competitive rates as determined by the Managing General Partner. In this regard, the Managing General Partner has initially determined that the competitive natural gas transportation rate is a gathering fee of:
Gas Gathering. The Managing General Partner, not acting as a Partner, shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies, and/or end-users in the area (the “gathering services”). In providing the gathering services, the Managing General Partner may use the gathering systems and natural gas processing plants in which the Managing General Partner and/or its Affiliates owns an interest, as well as gathering systems owned by independent third-parties. The Partnership shall pay a gathering fee directly to the Managing General Partner at competitive rates for the gathering services. The gathering fee paid by the Partnership to the Managing General Partner may be increased from time-to-time by the Managing General Partner, in its sole discretion, but may not increase beyond competitive rates as determined by the Managing General Partner. Currently, the Managing General Partner has determined that the competitive rate is an amount equal to 13% of the gross sales price received by the Partnership for its natural gas in each of its primary or secondary areas as described in the Prospectus. Gross sales price means the price that is actually received, adjusted to take into account proceeds received or payments made pursuant to hedging arrangements. The payment of a competitive fee to the Managing General Partner for its gathering services shall be subject to the following conditions:
