Subject Gas definition

Subject Gas means Gas in and under, and that may be produced, saved, and sold from a Development Well, insofar and only insofar as such Gas is produced from the Target Formation, subject to the following:

Subject Gas means with respect to each Well, Gas in and under, and that ------------ may be produced, saved, and sold from all producing horizons from the Wellbore of such Well, subject to the following:

Subject Gas means with respect to each Well, Gas in and under, and that may be produced, saved, and sold from all producing horizons from the Wellbore of such Well, subject to the following:

Examples of Subject Gas in a sentence

• In the event of failure or deficiency in title to any Well or Subject Interest, the portion of the Subject Gas production attributable thereto shall be reduced in the same proportion that such Well or Subject Interest is reduced by such failure or deficiency.

• Assignor shall use its reasonable discretion in making filings for itself and on behalf of the Trust with any Governmental Authority having jurisdiction with respect to matters affecting the Subject Interests, the Subject Lands, or the Subject Gas.

• Any costs, fees or expenses that are properly charged or allocated to the Trust Gas pursuant to another provision of this Conveyance (including, as provided for in the definition of Subject Gas) shall not be included as part of the Post Production Cost Charge.

• Assignor shall use its reasonable discretion in making filings for itself and on behalf of Assignee with any Governmental Authority having jurisdiction with respect to matters affecting the Subject Interests, the Subject Lands, or the Subject Gas.

• Assignor shall use its reasonable discretion in making filings for itself and on behalf of the Assignee with any Governmental Authority having jurisdiction with respect to matters affecting the Subject Interests, the Subject Lands, the Wells or the Subject Gas.

More Definitions of Subject Gas

Subject Gas excludes Gas that is: (i) lost in accordance with the Reasonably Prudent Operator Standard in the production, gathering, or marketing of Gas, or that is liquefied and removed from the gas stream in the normal course of Operator's operation, consistent with prior practice, via any method other than processing as contemplated in the Term Royalty Conveyance; (ii) subject to the Reasonably Prudent Operator Standard, used in operations on the Subject Lands, including drilling and production operations on the Subject Development Lands); or (iii) retained by a Third Person, or Operator (pursuant to Section 3.02(c)) of the Term Royalty Conveyance, for gathering, transportation, processing, or marketing services related to the Subject Gas in lieu of or in addition to cash payment for such services; or (iv) in excess of the percentage attributable to Assignor's Net Share of Gas taken by Operator to recover costs, or some multiple of costs, paid or incurred by Operator under any operating agreement, unit agreement, or other agreement in connection with nonconsent operations conducted (or participated in) by Operator.

Subject Gas shall have the meaning set forth in Section 8.1(a) of the Agreement.

Subject Gas means the Gas other than natural gas owned by Tokyo Gas and subject to the Tokyo Gas Gathering Agreement.

Subject Gas means Gas produced from the Dedicated Area.

Subject Gas has the meaning given to it in Section 1.1(c) of the Base Contract.

Subject Gas means Gas in and under, and that may be produced, saved, and sold from, the Development Xxxxx during the Term.

Subject Gas means Gas from the Marcellus Shale formation from any Producing Well or PUD Well.