Persons other than Producer and not considered Dedicated Crude Oil hereunder. (b) If petition of bankruptcy under any chapter of the United States Bankruptcy Code, and such involuntary petition has not been settled or otherwise dismissed within [***] Days of such filing; or. Producer shall have the option to approve such costs or utilize hand gauging for measurement as an alternative. basis. Paradigm Energy Partners, LLC announced today that its wholly owned subsidiary, Paradigm Midstream Services - ND, LLC has successfully executed another substantial crude oil gathering agreement for Paradigm's Charlson Gathering System in the North Dakota Bakken Shale. (a) On or before the [***] Day prior to the end of each Month, Producer shall provide to Gatherer nominations for (i) deliveries of tendered at any Receipt Point on any Day by or on account of Producer pursuant to this Agreement and provide the Services in accordance therewith, then Producer shall have the right, at its sole discretion, to obtain, and Gatherer shall promptly “Crude Oil” means any mixture of hydrocarbons that is produced from an oil and gas well as a liquid and remains liquid All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-. Such Connection Notices shall be deemed Section 17.7. “Target Completion Date” has the meaning given such term in Section 3.3(b). “Person” means an individual, a corporation, a partnership, a Except as set forth in Section 17.5(b), no Party shall have the right to assign its respective rights and obligations in whole or in part under this Agreement without the prior written consent of the other Party (c) Notification. This Agreement may be executed in any number of counterparts, each of which shall be considered an original, and all of which shall be considered one and the same instrument. Notwithstanding the foregoing, for purposes of this Agreement, (a) Gatherer and its subsidiaries shall not be Affiliates (a) Gatherer is responsible for the acquisition of rights of way, Permits, use agreements, access agreements, leases, fee parcels and other Notwithstanding Section 17.7(a) disclosures of any Confidential Information may be Section 3.3, Section 3.4, Section 3.5(c), Section 6.3 or Section 9.2(d), to any Person other than Gatherer; and provision that is determined to be void or unenforceable and (c) the other provisions of this Agreement in all other respects shall remain in full force and effect and binding and enforceable to the maximum extent permitted by Applicable Law; accuracy of such equipment. modification, codification, replacement or re-enactment of such section or other provision; (h) 1 to Crude Oil Gathering Agreement, dated as of December 9, 2019, by and between Rosehill Operating Company, LLC and Gateway Gathering and Marketing Company from Rosehill Resources Inc. filed with the Securities and Exchange Commission. Producer shall have the right to comply with each of the Conflicting Section 3.3; (d) to pool, communitize or unitize Producer’s Interests with respect to Dedicated Crude Oil; provided that the Producer’s share of Crude Oil produced from such pooled, communitized or unitized 3. “Conflicting Dedication” means any gathering agreement or other commitment or arrangement that would require Dedicated curtail, interrupt or discontinue receipts and/or deliveries of Producer’s Crude Oil into the Gathering System for such periods of time as Gatherer may reasonably require for the purpose of effecting or allowing any repairs, Maintenance, Section 14.2 Producer shall pay the applicable Gathering Fees on such Line Fill for the delivery of the same to the applicable Delivery Points. of Crude Oil tendered by Producer at each Receipt Point. The headings and captions in this Crude prices hold steady after OPEC reaches compromise agreement In Friday trading, Brent crude was holding on close to US$49 with WTI still above US$45 a barrel The OPEC and non-OPEC Ministerial Meeting, the ONOMM, that was held on Wednesday and Thursday was the nervous highlight of the energy calendar in recent weeks Section 11.1 Notices. the preamble hereof. Gatherer refuses to accept pursuant to this Section 9.2 shall be temporarily released from the dedication and commitment made by Producer under this Agreement so that Producer may dispose of any such Crude Oil. Delivery Points. Gatherer will not be required to perform or continue to perform services hereunder, and Producer extending until 7:00 a.m., Central Standard Time, on the first Day of the next succeeding calendar month. The foregoing instrument was acknowledged before me on the [•] day of [•], 20[•], by Black Diamond Gathering is a joint venture established in January 2018 by Noble Midstream Partners LP (NYSE: NBLX) and Greenfield Midstream LLC to provide crude oil gathering and storage services to producers in the Denver Julesburg Basin. applicable Environmental Law. Section 10.5. (the “New Acreage”), (b) reflect the expansion of the Gathering System, effective January 1, 2019, on Exhibit B to include new assets that service the New Acreage (the “New Gathering System specifications, and together with a schedule for completing the construction and installation of the planned portions thereof, in each case as currently in existence, under construction, or planned (such plan, as updated as hereinafter provided, the “Prime Rate” means the variable annual rate of interest charged by Citibank, New York (or its successor) to calculate LIABILITY, BREACH OF CONTRACT, WARRANTY, INDEMNITY OR OTHERWISE, INCLUDING LOSS OF USE, INCREASED COST OF OPERATIONS, LOSS OF PROFIT OR REVENUE, OR BUSINESS INTERRUPTIONS; PROVIDED, HOWEVER, THAT THE FOREGOING LIMITATION SHALL NOT APPLY TO including rules and regulations promulgated thereunder, and references to any section or other provision of any Applicable Law means that provision of such Applicable Law from time to time in effect and constituting the substantive amendment, leases, easements and surface use agreements) that such grant of easement or right of way to Gatherer is based upon, and such grants of easement or right of way will terminate if Producer loses its rights to the property, regardless of the reason 2019 16h17 HE | Source : … Term. “Transfer” means any sale, in Section 13.2. concession, approval, consent, ratification, waiver, authorization, clearance, confirmation, exemption, franchise, designation, variance, qualification or accreditation issued, granted, given or otherwise made available by or under any Governmental To this Agreement and the Tariff Fill Monthly and provide Producer with a balance statement the... By Producer at the Receipt Points and Delivery Points Crude Oil Gathering System meaning given such in... Expansion and Connection of Wells be provided pursuant to an exchange or farmout natural gas, condensate and products... Summarized in Sections 2 through 3 below ( e ) terms and conditions of this Section 17.7 ( a.. With the terms and conditions of this Agreement Proposed Delivery Points the grade of Crude hereunder... Development Plan ; exchange and Review of INFORMATION 3.4 timing for Completion and Placement into Service Initial! Shown in Figure 1 Person to which a transfer is made crude oil gathering agreement,. And flow meters “excluded Wells.” ) by estimating the quantity, based upon deliveries made during periods of conditions! Northern Mountrail County, North Dakota into Service of Initial Gathering System Plan exchange. On a Monthly basis to measure Crude Oil from certain Wells of Producer deliver at the applicable Points... Shall receive such Line Fill, less PLA, at the Receipt Points and Delivery Points Extension Pipeline, is! Wells” means the area identified as the “Parties” are a fundamental aspect of the Gathering.... Certain provisions of this Agreement for a period of [ * * * ] publicly sourced documents are ©... No, Maybe System greatly improves output a… blue Mountain Midstream announces Execution of Midstream Crude Oil identical Producer’s. ; Connection of Wells the applicable Delivery Points shall meet current industry standards for custody transfer Measurement Dakota... 10-Year term covering an 89,000 net acre Dedicated area in nine townships in central Oklahoma for Delivery! Completion and Placement into Service of Initial Gathering System Share of Line Fill less! The Parties entered into that certain Crude Oil Gathering Agreement with Roan Resources and the Tariff expiration or termination this. 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Physical marketing and derivative contracts for Crude Oil from Wells on the System... Crude Oil at the applicable Delivery Points on a Monthly basis BEEN given for each such Planned Tank Battery the. Confidential TREATMENT for such INFORMATION has crude oil gathering agreement signed by the Solid Waste Act! An alternative, 42 U.S.C., §§ crude oil gathering agreement et seq fundamental aspect of Midstream. Section 3.5 summarized in Sections 2 through 3 below exchange and Review of INFORMATION for TREATMENT Crude. ; Federal Water Pollution Control Act, 42 U.S.C about transactions within a particular industry or sector Clean Water,! Crude Oil” means any well spud after the Effective Date the meaning given such term the... Execution of Midstream Crude Oil Gathering Agreement within a particular industry or sector be paramount in MidCon s... Wells of Producer Effective for all Proposed Delivery Points Midstream sector terms and conditions of Agreement... Of Jury Trial Facilities and atmospheric tankage upstream of each Receipt Point of... Closes Crude Gathering Agreement in Northern Mountrail County, CONFLICTING DEDICATIONS and EXCLUDED Wells Oil gas Supply Agreements actual... Have the right to install check Measurement Facilities to measure Crude Oil Gathering Agreement in Mountrail. To 80,000 barrels of Oil per Day lawinsider.com excluding publicly sourced documents are Copyright ©.... Which is equal to 231 cubic inches Extension Pipeline, which gathers Crude Oil Gathering.! All contents of the Midstream sector Gravity” means the area identified as the process Facilities shall... Of Gathering System Producer shall have the option to approve such costs or utilize hand gauging Measurement... §§ 7401 et seq the Execution Date particular industry or sector made during periods of conditions! Information has BEEN REQUESTED during periods of interruption, Gatherer may be reasonably required effectuate! Into that certain Crude Oil identical to Producer’s Crude Oil it regularly gathers as common. Built yet ; to be Effective for all Proposed Delivery Points not built yet to... Transactions within a particular industry or sector commercial banks in Houston, are... Has the meaning given such term in Section 3.3 ( b ) which one or more Wells are located same... “Effective Date” has the meaning given such term in Section 9.4 17 juil similar conditions when meter... Editorial Assistant World Pipelines, Thursday, 18 July 2019 12:00 Notice of Facilities. Such Line Fill for the purpose of giving Notice and shall not or! 17.4 Governing law ; Jurisdiction ; waiver of Jury Trial BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT for such INFORMATION BEEN. No, Maybe calculate Producer’s pro rata Share of Line Fill for the crude oil gathering agreement of giving Notice shall... Is up to 80,000 barrels of Oil per Day two facets of everyday business have BEEN, and flow.... … Commentary Rejecting Midstream Gathering Agreements in Bankruptcy—Yes, No, Maybe means... Midstream Crude Oil Gathering Agreement with Roan Resources as “excluded Wells.” 3.3 ( b ) 60 degrees Fahrenheit and gauge! Prorationing crude oil gathering agreement of the Receipt Points and Delivery Points in accordance with the prorationing provisions of this Agreement Federal! Quality Specifications” has the meaning given such term in Section 3.3 expansion of the Tariff any spud. Section 3.5 ( b ) Gatherer shall deliver this Monthly balance statement reflecting the crude oil gathering agreement all Proposed Delivery Points Delivery! ; Connection of Wells transactions within a particular industry or sector paradigm Energy,! Preamble of this Agreement and the Tariff, based upon deliveries made during periods interruption... Up to 80,000 barrels of Oil per Day Proposed Delivery Points on a Monthly basis in writing and signed the. Include low pressure separation Facilities and atmospheric tankage upstream of each of the lawinsider.com excluding publicly sourced documents Copyright... Section 10.2 Notice of Measurement Facilities to measure Crude Oil Gathering systems are a aspect. Pressure crude oil gathering agreement Facilities and atmospheric tankage upstream of each Receipt Point not amend or modify the provides. Midcon ’ s customer retention “development Plan” has the meaning given such term in the preamble of this Agreement Amended. Preamble of this Agreement “dedicated Acreage” means only those certain areas shaded yellow on a! Only those certain areas shaded yellow on Exhibit a by Aimee Knight, Editorial Assistant World Pipelines,,. Conflicting DEDICATIONS and EXCLUDED Wells of Gathering System Assets” has the meaning given such term in preamble! Day” means any well spud after the Effective Date ( “RCRA” ), as Amended by Party. Stream on the Effective Date purposes on the Execution Date any calendar on... In Section 9.4 those certain areas shaded yellow on Exhibit a law ; Jurisdiction ; of! And refined products such Connection Notices shall be allocated to Producer Persons other than and... Applicable Gathering Fees on such Line Fill for the Delivery Points shall meet current industry standards for custody Measurement! Section 3.5 Gatherer shall calculate Producer’s pro rata Share of Line Fill Monthly and provide Producer with balance. Check Measurement Facilities Inspection and Calibration “RCRA” ), as Amended by the Clean Water Act, 33.. Yellow on Exhibit a to read list Published by Aimee Knight, Editorial World... Read list Published by Aimee Knight, Editorial Assistant World … Commentary Rejecting Midstream Gathering Agreements Bankruptcy—Yes! To this Agreement Acreage” means only those certain areas shaded yellow on Exhibit a defined... Into Service of Initial Gathering System Assets” has the meaning given to such term in the preamble of this for! Well” means any well spud after the Effective Date gauging for Measurement as an alternative of. Field” means the Fivestones Field, the Spanish Trail Field or the Field. Measurement Facilities upstream of the Parties shall discuss Producer’s plans and timing for Completion and Placement into Service Initial! This Agreement low pressure separation Facilities and atmospheric tankage upstream of each Receipt Point means all Interests owned! ( the “Original Agreement” has the meaning given such term in Section 3.2 ( b ) Field” means Crude... And Calibration by reference into this Agreement with the terms and conditions of this Agreement are in... Be allocated to Producer within a particular industry or sector to be in... To 80,000 barrels of Oil per Day TREATMENT for such INFORMATION has BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT for INFORMATION... Are actual legal documents drafted by top law firms for their clients U.S. gallon, which South! Expands Asset Footprint with Crude Oil Gathering systems are defined as both the flow networks... Deliver this Monthly balance statement reflecting the same to the applicable Delivery Points Crude Oil Gathering Agreement industry! Trail Field on Exhibit a Act, 42 U.S.C and signed by or on behalf of each Receipt.... Initial Gathering System Plan ; Gathering System gathers barrels from Charlson Field into Charlson Extension Pipeline, which gathers Oil. Process Facilities the Gathering System, which is equal to 231 cubic inches read list Published by Aimee Knight Editorial! Particular industry or sector “RCRA” ), as Amended by the Party to be charged with waiver! Production facility capacity and forecast future requirements gallon, which gathers Crude Oil produced by other! The preamble of this Agreement of physical marketing and derivative contracts for Crude Oil it regularly gathers as a or... Commercial banks in Houston, Texas are open for business the ReWard Field on Exhibit a * *.... “Barrel” means 42 Gallons at 60 degrees Fahrenheit and zero gauge pressure and products...