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Title: Elements Of Gas Contracts
Author: J. T. Skeith
Source: 1965 Southwestern Gas Measurement Short Course (Now called ISHM)
Year Published: 1965
Abstract: Most of the gas marketed today is purchased in the field under contracts between pipeline companies and producer sellers. Some gas is sold directly by producers to the customers, and some gas is produced directly into the pipeline from pipeline- owned properties but, by and large, most gas that reaches the ultimate consumer goes from the producer to the transmission company under some form of Gas Purchase Contract. The purpose of this paper is to discuss the aspect of certain provisions of a contract as it pertains to the purchase of gas-well gas by intrastate pipelines. This type of contract is contrasted to the casinghead gas produced in association with oil. This discussion is not to be construed as a legal interpretation of any provisions of the contract but as a general analysis of the workings of a contract for those persons not directly involved with this phase of the industry.




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