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Title: Elements Of Gas Contracts
Author: Albert B. Reese
Source: 1981 International School of Hydrocarbon Measurement
Year Published: 1981
Abstract: This discussion will relate to the selling of natural gas by a producer. As used in this paper, the term natural gas may mean gas well gas produced from a gas well, casinghead gas produced from an oil well, or plant residue gas remaining at the tailgate of a natural gag processing plant after removal of liquid hydrocarbons. In most instances this natural gas is sold to a natural gas pipeline company for transmission to the market area for ultimate consumption. Unlike oil, natural gas has historically been sold and purchased under relatively long term contracts.

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