How gas contracts duration effects the optimum production of gas?

Contracts and its duration decides the amount or quantity of gas which will be purchased or sold out by a company.
And eventually this amount will decide the production rate from the gas wells.

1. Long term gas contracts at fixed quantity per unit of time means, constant quantity is needed irrespective of
markets demand supply gap and other fluctuations so gas well will produce constant amounts.

2. If there are more short term contracts or spot markets than long term contracts than gas production amount
will fluctuate depending upon the market supply demand gap

3. When there is monopoly and single firm is dictating the market than long term gas contracts will be more
effective and production will increase.

4. When there are multiple players in the market than short term contracts will be more as compared to long
term market and production of gas will vary.
5. When transection costs will increase greatly, than short term gas sell contracts will favor the optimum gas
production.
6. With variable demand, fixed prices are not favorable and spot market increases and associated risks with
sport market increases too.