Gas Processing Agreements: Overview | Practical Law
A Practice Note discussing natural gas processing agreements used in the midstream oil and gas industry. This Note presents an overview of the key provisions of natural gas processing agreements, including dedication, release, fees and charges, capacity management, liabilities, indemnities, and force majeure. It also addresses operational and technical issues, such as nominations, quality, measurement, testing, lost and unaccounted for gas, fuel gas, and allocations.