Common use of Water Vapor Correction Clause in Contracts

Water Vapor Correction. The volume and total energy content shall be adjusted by Gatherer if the water vapor of the Gas is determined or assumed to be greater than seven (7) pounds of water vapor per million cubic feet of Gas. This “As Delivered” total energy shall include corrections as outlined in GPA 2 172-09 or latest edition (as soon as practicable) and will be considered saturated at flowing conditions of temperature and pressure.

Appears in 3 contracts

Samples: Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.)

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Water Vapor Correction. The volume and total energy content shall be adjusted by Gatherer if the water vapor of the Gas is determined or assumed to be greater than seven (7) pounds of water vapor per million cubic feet of Gas. This “As Delivered” total energy shall include corrections as outlined in GPA 2 1722172-09 or latest edition (as soon as practicable) and will be considered saturated at flowing conditions of temperature and pressure.

Appears in 3 contracts

Samples: Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.), Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.), Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.)

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Water Vapor Correction. The volume and total energy content shall be adjusted by Gatherer if the water vapor of the Gas is determined or assumed to be greater than seven (7) pounds of water vapor per million cubic feet MMcf of Gas. This “As Delivered” total energy shall include corrections as outlined in GPA 2 1722172-09 or latest edition (as soon as practicable) and will be considered saturated at flowing conditions of temperature and pressure.

Appears in 1 contract

Samples: Gas Gathering Agreement (Epsilon Energy Ltd.)

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