Examples of Residue Gas in a sentence
The Proposed Waha Gas Plant is designed to produce Y-Grade NGL Product and Residue Gas.
If as a result of any Processing Agreement any Grantor elects or is required to process Overriding Royalty Gas, Grantee will have an interest in all plant products and liquids extracted (the "Plant Liquids") and all residue gas remaining ("Plant Residue Gas") attributable or allocable to the Overriding Royalty and the Overriding Royalty Gas under the terms of the Processing Agreements.
Processor will deliver Residue Gas at the Redelivery Points at a pressure sufficient to enable them to enter the downstream pipelines against the working pressure at reasonably uniform rates of delivery, not to exceed the maximum allowable operating pressure established by the downstream pipelines and the maximum allowable operating pressure of Processor’s pipes utilized to deliver gas to the downstream pipelines.
Supplier recognizes these sales may be distressed sales at below market prices, and that Processor shall have no obligation to obtain the highest price available for such Residue Gas nor any liability for not obtaining such a price.
Other Delivery Points and Redelivery Points for Supplier’s Raw Gas and Residue Gas, as applicable, are also set forth in Exhibit B.