Common use of Lost Gas Clause in Contracts

Lost Gas. Gatherer will exercise prudent operational oversight on each System to minimize the potential for Lost Gas. All Lost Gas on a System caused by the actions of unaffiliated Third Parties and recovered by Gatherer shall be credited, proportionately on an MMBtu basis, to all shippers on such System. Shipper’s prorated share of Lost Gas shall be determined and allocated by Gatherer based on Shipper’s Gas volumes in the System proportionate to total Gas volume in the System.

Appears in 7 contracts

Samples: Anchor Shipper Gas Gathering Agreement for Northern Pennsylvania (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.)

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