Nautilus Pipeline Company, LLC

Original Volume No. 1

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Effective Date: 12/12/1998, Docket: RP99-143-001, Status: Effective

Sub Second Revised Sheet No. 73 Sub Second Revised Sheet No. 73 : Superseded

Superseding: First Revised Sheet No. 73

GENERAL TERMS AND CONDITIONS

 

 

2. DEFINITIONS con't

 

(t) "Leasehold Interest(s)" means any right, title or

interest acquired by Shipper or any Affiliate of

Shipper in and under any Lease or any other interest in

oil, Natural Gas or other minerals covering or relating

to Field(s) identified on Exhibit "A" to Shipper's Rate

Schedule FT-2 or FT-3 Service Agreement,

including,without limitation, interests under farm-in

or farm-out agreements, exploration agreements,

production-sharing agreements and other contractual

rights but specifically excluding mere rights to the

proceeds of production, including, without limitation,

overriding royalty interests.

 

(u) "Mcf" means 1,000 Cubic Feet of Natural Gas.

 

(v) "MMBtu" means one million Btu's.

 

(w) "Maximum Daily Transportation Quantity" and "MDTQ"

means the maximum daily quantity of Natural Gas that

Transporter is required to transport for Shipper or for

the account of Shipper from all Point(s) of Receipt to

all Point(s) of Delivery as specified on Exhibit "A" or

"B," as applicable, to Shipper's Service Agreement.

 

(x) "Month" means the period beginning at 9:00 a.m.

CCT on the first Day of the calendar month and ending

9:00 a.m. CCT on the first Day of the next succeeding

calendar month.

 

(y) "Natural Gas" means any mixture of hydrocarbons,

consisting essentially of methane, and inert or

noncombustible gases which are extracted from the

subsurface of the earth in their natural state meeting

the quality and pressure specifications set forth in

Sections 3 and 4 hereof.

 

(z) "Operational Balancing Agreement" or "OBA" means a

contract between two parties which specifies the

procedures to manage operating variances at an

interconnect.