Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 09/01/1998, Docket: CP96-655-003, Status: Effective
Original Sheet No. 248 Original Sheet No. 248 : Effective
FORM OF RESERVE COMMITMENT AGREEMENT
stations, processing, treating, cycling, repressuring or other
supplemental recovery operations; and
(d) To process gas and retrograde condensate for the extraction of any
components other than methane contained therein, except for such
methane reasonably removed in such processing.
2.5 The provisions of Sections 2.6, 2.7, and 2.8 shall apply with respect to
periods beginning when Company's pipeline commences service.
2.6 Temporary Release
(a) In the event that prior to a month or during a month Shipper
nominates and has available for transportation (x) a daily quantity
of production from Committed Lease(s) that in the aggregate exceeds
the sum of (y) the daily amount of capacity available for
transportation on Company's pipeline facilities under all of
Shipper's existing FT-2 Service Agreements, plus (z) the daily
quantity of IT service that Company notifies Shipper it reasonably
expects to be able to provide to Shipper during such month, then
Shipper shall upon request to Company be released for such month, or
the remainder of such month, as applicable, from its obligations
under Section 2.1 of a daily quantity of gas of up to (x) minus the
sum of (y) plus (z) (the "Temporary Release Quantity").
(b) The Temporary Release Quantity shall be deemed to be the last
quantities produced, so that any release under this Section 2.6 is
applicable only to the daily production quantity in excess of the
quantity that Company is able to accept into Company's pipeline
facilities on a given day.
(c) Shipper may deliver the Temporary Release Quantity from any of its
Committed Lease(s) which Shipper chooses.