Common use of Gas Gathering Clause in Contracts

Gas Gathering. The Managing General Partner shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies and/or end-users in the area and shall receive a gathering fee at a competitive rate for gathering and transporting the Partnership's gas. If the Partnership’s natural gas production is gathered and transported through the gathering system owned by Atlas Pipeline Partners, then the Managing General Partner shall apply its gathering fee towards the agreement between Atlas Pipeline Partners and Atlas America, Inc., Resource Energy, Inc., and Viking Resources Corporation. If the Partnership’s natural gas production is gathered and transported through a gathering system owned by a third-party, then the Managing General Partner shall pay a portion or all of its gathering fee to the third-party gathering and transporting the natural gas. If the Partnership’s natural gas production is gathered and transported through a gathering system owned by the Managing General Partner or its Affiliates other than Atlas Pipeline Partners, then the Managing General Partner or its Affiliates shall receive, or retain in the case of the Managing General Partner, the gathering fee paid to the Managing General Partner. Also, in the Mississippian and Devonian Shale Reservoirs in Anderson, Campbell, ▇▇▇▇▇▇, ▇▇▇▇▇ and ▇▇▇▇▇ Counties, Tennessee, if the Coalfield Pipeline does not have sufficient capacity to compress and transfer the natural gas produced from the Partnership’s ▇▇▇▇▇ as determined by Atlas America, then Atlas America or an Affiliate other than Atlas Pipeline Partners may construct an additional gathering system and/or enhancements to the Coalfield Pipeline. On completion of the construction, Atlas America will transfer its ownership in the additional gathering system and/or enhancements to the owners of the Coalfield Pipeline, which will then pay Atlas America an amount equal to $.12 per mcf of natural gas transported through the newly constructed and/or enhanced gathering system. Coalfield Pipeline will charge this $.12 per mcf to the Partnership in addition to the rate that it is charging at that time. As of the date of the Prospectus, Coalfield Pipeline was charging $.55 per mcf for transportation plus fees for compression.

Appears in 1 contract

Sources: Limited Partnership Agreement (Atlas America Public #15-2005 Program)

Gas Gathering. The Managing General Partner shall be responsible for gathering and transporting the natural gas produced by the Partnership to interstate pipeline systems, local distribution companies and/or end-users in the area and shall receive a gathering fee at a competitive rate for gathering and transporting the Partnership's gas. If the Partnership’s 's natural gas production is gathered and transported through the gathering system owned by Atlas Pipeline Partners, then the Managing General Partner shall apply its gathering fee towards the agreement between Atlas Pipeline Partners and Atlas America, Inc., Resource Energy, Inc., and Viking Resources Corporation. If the Partnership’s 's natural gas production is gathered and transported through a gathering system owned by a third-party, then the Managing General Partner shall pay a portion or all of its gathering fee to the third-party gathering and transporting the natural gas. If the Partnership’s 's natural gas production is gathered and transported through a gathering system owned by the Managing General Partner or its Affiliates other than Atlas Pipeline Partners, then the Managing General Partner or its Affiliates shall receive, or retain in the case of the Managing General Partner, the gathering fee paid to the Managing General Partner. Also, in the Mississippian and Devonian Shale Reservoirs in Anderson, Campbell, ▇▇▇▇▇▇, ▇▇▇▇▇ and ▇▇▇▇▇ Counties, Tennessee, if the Coalfield Pipeline does not have sufficient capacity to compress and transfer the natural gas produced from the Partnership’s 's ▇▇▇▇▇ as determined by Atlas America, then Atlas America or an Affiliate other than Atlas Pipeline Partners may construct an additional gathering system and/or enhancements to the Coalfield Pipeline. On completion of the construction, Atlas America will transfer its ownership in the additional gathering system and/or enhancements to the owners of the Coalfield Pipeline, which will then pay Atlas America an amount equal to $.12 per mcf of natural gas transported through the newly constructed and/or enhanced gathering system. Coalfield Pipeline will charge this $.12 per mcf to the Partnership in addition to the rate that it is charging at that time. As of the date of the ProspectusPrivate Placement Memorandum, Coalfield Pipeline was charging $.55 per mcf for transportation plus fees for compression.

Appears in 1 contract

Sources: Limited Partnership Agreement (Atlas America Public #15-2005 Program)