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Title: Elements Of Gas Contracts
Author: Danny D. Echols
Source: 1956 Southwestern Gas Measurement Short Course (Now called ISHM)
Year Published: 1956
Abstract: The title Elements of Gas Contracts is so broad that there is some question in my mind as to exactly what phase to attempt to cover. The phases Im speaking of may be categorically listed as: 1. Elements and issues taken into consideration during the contract negotiations. 2. Effects of the contract on the Seller such as field operation, gasoline plants, federal and state regulations, etc. 3. Contract enforcement. 4. Basic contract provisions. For purposes of this paper, I believe it advisable to limit our discussion to the actual provisions written into the contracts, i.e., the basic contract provisions. Bear in mind that this paper is given by a Seller representative, somewhat biased from the producers standpoint. It also represents my opinions only. Needless to say, my opinions are not necessarily (nor generally) recognized as the last word in the industry!




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