Operations Subsequent to Completion of the Xxxxx. Beginning with the month in which a well drilled under this Agreement begins to produce, Operator shall be entitled to an operating fee of $275 per month for each well being operated under this Agreement, proportionately reduced to the extent the Developer owns less than 100% of the Working Interest in the xxxxx. This fee shall be in lieu of any direct charges by Operator for its services or the provision by Operator of its equipment for normal superintendence and maintenance of the xxxxx and related pipelines and facilities. If a third-party serves as the actual operator of the well, then this fee shall be $25 above the actual third-party operator's monthly charges. The $25 will be retained by Operator each month for reviewing the costs and expenses charged by the third-party operator and monitoring the third-party operator's accounting and production records for the well on behalf of the Developer. The operating fees shall cover all normal, regularly recurring operating expenses for the production, delivery and sale of natural gas, including without limitation:
Appears in 3 contracts
Samples: Drilling and Operating Agreement (Atlas America Series 25-2004 a L P), Drilling and Operating Agreement (Atlas America Series 25-2004 B Lp), Drilling and Operating Agreement (Atlas America Public 12 2003 Program)
Operations Subsequent to Completion of the Xxxxx. Beginning with the month in which a well drilled under this Agreement begins to produce, Operator shall be entitled to an operating fee of $275 per month for each well being operated under this Agreement, proportionately reduced to the extent the Developer owns less than 100% of the Working Interest in the xxxxx. This fee shall be in lieu of any direct charges by Operator for its services or the provision by Operator of its equipment for normal superintendence and maintenance of the xxxxx and related pipelines and facilities. If Also, this fee shall not be received by Operator if a third-party serves as the actual operator of the well, then in which case Operator's duties under this fee Agreement with respect to the well shall be $25 above the actual third-party operator's monthly charges. The $25 will be retained by Operator each month for consist of reviewing the costs and expenses charged by the third-party operator and monitoring the third-party operator's accounting and production records for the well on behalf of the Developer. The operating fees shall cover all normal, regularly recurring operating expenses for the production, delivery and sale of natural gas, including without limitation:
Appears in 1 contract
Samples: Escrow Agreement (Atlas America Public 11-2002 LTD)
Operations Subsequent to Completion of the Xxxxx. Beginning with the month in which a well drilled under this Agreement begins to produce, Operator shall be entitled to an operating fee of $275 285 per month for each well being operated under this Agreement, proportionately reduced to the extent the Developer owns less than 100% of the Working Interest in the xxxxx. This fee shall be in lieu of any direct charges by Operator for its services or the provision by Operator of its equipment for normal superintendence and maintenance of the xxxxx and related pipelines and facilities. If a third-party serves as the actual operator of the well, then this fee shall be $25 above the actual third-party operator's monthly charges. The $25 will be retained by Operator each month for reviewing the costs and expenses charged by the third-party operator and monitoring the third-party operator's accounting and production records for the well on behalf of the Developer. The operating fees shall cover all normal, regularly recurring operating expenses for the production, delivery and sale of natural gas, including without limitation:
Appears in 1 contract
Samples: Drilling and Operating Agreement (Atlas America Public #15-2005 Program)