Common use of Producer’s Reservation Clause in Contracts

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation; (b) Reserved; (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; and (d) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation;; and (b) Reserved; (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; andReserved; (d) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation; (b) Reservedto use Dedicated Production for lease operations (including reservoir pressure maintenance) and water treatment facility operations relating to the lands within the Dedication Area; (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; and (d) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation; (b) Reserved; (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; and (d) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation;; and (b) Reserved;following the date set forth in writing between Producer and Midstream Co (such date as it may be updated by Midstream Co and Producer, the “Trucked Water Services Commencement Date”), Producer may elect to deliver or have delivered Dedicated Production directly to a SWD Trucking Facility during any Pipeline Unavailability as provided in Section 18.2 (the “Trucking Election”); and (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; andReserved; (d) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or and to cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation; (b) Reservedto use Dedicated Production for lease operations (including reservoir pressure maintenance) and water treatment facility operations relating to the lands within the Dedication Area; (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; and (d) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.

Producer’s Reservation. Producer reserves the following rights respecting Dedicated Production for itself: (a) to operate (or cause to be operated) Xxxxx producing Dedicated Production in its sole discretion, including the right to drill new Xxxxx, repair and rework old Xxxxx, temporarily shut in Xxxxx, renew or extend, in whole or in part, any oil and gas lease or term mineral interest, or cease production from or abandon any Well or surrender any applicable oil and gas lease, in whole or in part, when no longer deemed by Producer to be capable of producing in paying quantities under normal methods of operation; (b) Reserved; (c) to deliver such Dedicated Production or furnish such Dedicated Production to Producer’s lessors and holders of other burdens on production with respect to such Dedicated Production as is required to satisfy the terms of the applicable oil and gas leases or other applicable instruments; and (dc) to pool, communitize or unitize Producer’s interests with respect to Dedicated Production; provided that Producer’s share of Dedicated Production produced from such pooled, communitized, or unitized interests shall be committed and dedicated pursuant to this Agreement.