Exhibit 10.1
CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND REPLACED WITH “[***]”. SUCH IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE COMPANY TREATS AS PRIVATE OR CONFIDENTIAL.
AMENDMENT NO. 1 TO
AMENDED AND RESTATED WATER GATHERING AND DISPOSAL AGREEMENT
This Amendment No. 1 (“Amendment”) dated effective as of February 15, 2024 (the “Effective Date”), is by and between Solaris Midstream DB-NM, LLC, a Delaware limited liability company (“Gatherer”), COG Operating LLC, a Delaware limited liability company (“COG”), COG Production LLC, a Texas limited liability company (“COGP”), Concho Oil & Gas LLC, a Delaware limited liability company (“CO&G”), and COG Acreage LP, a Texas limited partnership (“COGA”, and with COG, COGP and CO&G collectively herein referred to in the singular as “Producer”). Gatherer and Producer are sometimes referred to in this Amendment individually as a “Party” and collectively as the “Parties”.
RECITALS
WHEREAS effective June 11, 2020, Producer and Gatherer entered into an Amended and Restated Water Gathering and Disposal Agreement (the “WGDA”);
WHEREAS, the WGDA identifies several Delivery Points in the WGDA;
WHEREAS, COG is trading certain interests in a transaction whereby one Delivery Point identified in the WGDA will no longer be required by the Parties and a New Delivery Point is desired to be added to the WGDA; and
WHEREAS, the Parties desire to amend the WGDA as set forth herein to, among other things, remove the unneeded Delivery Point from the WGDA and add a New Delivery Point to the WGDA.
NOW THEREFORE, in consideration of the premises and of the covenants in this Amendment, together with other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and agreed by each Party, the Parties agree as follows:
AGREEMENT
2. | Amendments. The Parties agree to the following amendments to the WGDA: |
a. | The Parties hereby amend Section 4.1(b) of the WGDA to add the following new sentence at the end thereof: |
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“All New Delivery Points and all other Delivery Points in effect and being utilized hereunder by the Parties as of a specified date shall be summarized and set forth on Exhibit D-6, which exhibit shall be updated from time to time by mutual agreement of the Parties to delete, revise and/or add Delivery Points, in which event Exhibit D-6 shall be amended to reflect such deletion(s), revision(s) and/or addition(s).”
b. | The Parties hereby add Exhibit D-6 to the WGDA, which is attached to this Amendment. |
5. | Miscellaneous. |
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[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, the Parties have executed this Amendment as of the Effective Date recited above.
PRODUCER:
COG Operating LLC
By: /s/ David J. Sakolosky Name: David J. Sakolosky Title: Attorney-in-Fact
ACKNOWLEDGMENT
STATE OF TEXAS§
§
COUNTY OF HARRIS§
This instrument was acknowledged before me on this 15th day of February 2024 by
David J. Sakolosky, Attorney-in-Fact of COG Operating LLC, a Delaware limited liability company, on behalf of said company.
/s/ Erica Adkins
Notary Public, State of Texas
[SEAL]Erica Adkins
Notary Public, State of Texas
My commission expires:Comm. Expires 01-18-2027
Notary ID 131861163
January 18, 2027
SIGNATURE PAGE TO AMENDMENT
COG Production LLC
By: /s/ David J. Sakolosky Name: David J. Sakolosky Title: Attorney-in-Fact
ACKNOWLEDGMENT
STATE OF TEXAS§
§
COUNTY OF HARRIS§
This instrument was acknowledged before me on this 15th day of February 2024 by
David J. Sakolosky, Attorney-in-Fact of COG Production LLC, a Texas limited liability company, on behalf of said company.
/s/ Erica Adkins
Notary Public, State of Texas
[SEAL]Erica Adkins
Notary Public, State of Texas
My commission expires:Comm. Expires 01-18-2027
Notary ID 131861163
January 18, 2027
SIGNATURE PAGE TO AMENDMENT
Concho Oil & Gas LLC
By: /s/ David J. Sakolosky Name: David J. Sakolosky Title: Attorney-in-Fact
ACKNOWLEDGMENT
STATE OF TEXAS§
§
COUNTY OF HARRIS§
This instrument was acknowledged before me on this 15th day of February 2024 by
David J. Sakolosky , Attorney-in-Fact of Concho Oil & Gas LLC, a Delaware limited liability company, on behalf of said company.
/s/ Erica Adkins
Notary Public, State of Texas
[SEAL]Erica Adkins
Notary Public, State of Texas
My commission expires:Comm. Expires 01-18-2027
Notary ID 131861163
January 18, 2027
SIGNATURE PAGE TO AMENDMENT
COG Acreage LP
By: COG Production LLC, its general partner
By: /s/ David J. Sakolosky Name: David J. Sakolosky Title: Attorney-in-Fact
ACKNOWLEDGMENT
STATE OF TEXAS§
§
COUNTY OF HARRIS§
This instrument was acknowledged before me on this 15th day of February 2024 by David J. Sakolosky, Attorney-in-Fact COG Production LLC, as general partner of Concho Acreage LP, a Texas limited partnership, on behalf of said limited partnership.
/s/ Erica Adkins
Notary Public, State of Texas
[SEAL]Erica Adkins
Notary Public, State of Texas
My commission expires:Comm. Expires 01-18-2027
Notary ID 131861163
January 18, 2027
SIGNATURE PAGE TO AMENDMENT
GATHERER: Solaris Midstream DB-NM, LLC By: /s/ Amanda Brock Name: Amanda Brock Title: Chief Executive Officer & President |
ACKNOWLEDGMENT STATE OF TEXAS§ § COUNTY OF HARRIS§ This instrument was acknowledged before me on this 13th day of February 2024 by Amanda Brock, Chief Executive Officer & President of Solaris Midstream DB-NM, LLC, a Delaware limited liability company, on behalf of said company. /s/ Amanda Ann LeBlanc Notary Public, State of Texas [SEAL]Amanda Ann LeBlanc Notary Public, State of Texas My commission expires:Comm. Expires 04-22-2026 Notary ID 7556370 April 22, 2026 |
SIGNATURE PAGE TO AMENDMENT
EXHIBIT D-6
to
Amended and Restated Water Gathering and Disposal Agreement
Delivery Points
(as of January 29, 2024) Delivery Points
DELIVERY POINT | LATITUDE | LONGITUDE |
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EXHIBIT D-6