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Sub Second Revised Sheet No. 73 Sub Second Revised Sheet No. 73 : Superseded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