Sea Robin Pipeline Company, LLC

Second Revised Volume No. 1

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Effective Date: 12/31/2004, Docket: RP05- 87-000, Status: Effective

Original Sheet No. 382 Original Sheet No. 382 : Effective

 

FORM OF RESERVE COMMITMENT AGREEMENT

(Continued)

 

 

 

of this Agreement, it being the intent of the parties hereto

subject to the provisions of Article V and this Article II,

that the Committed Lease(s) remain dedicated for purposes of

transportation under Rate Schedule FTS-2 and/or Rate Schedule

ITS or Rate Schedule FTS to Sea Robin's Pipeline System for the

producible life of the Committed Lease(s). All of the

provisions of this Agreement shall be applicable to assignees

of Shipper's interests in the Committed Lease(s), and such

assignees shall receive a proportionate assignment of the

rights and obligations hereunder with respect to the Committed

Lease(s) so assigned. Upon such assignment, Shipper shall be

relieved of its obligations under this Agreement to the extent,

and only to the extent, such obligations are assigned to a

third party.

 

2.3 From the obligations in Section 2.1, Shipper expressly reserves

unto itself, its successors and assigns, the following rights

and quantities of production sufficient to satisfy such rights:

 

(a) The right to operate the Committed Lease(s) free from any

control by Sea Robin including, without limitation, the

right (but never the obligation) to drill new wells, to

repair and rework old wells, to plug and abandon any well

and to renew, surrender, release or terminate any lease

(in whole or in part) covering the affected lands;

 

(b) The right to deliver production to lessors of the

Committed Leases in quantities sufficient to fulfill

Shipper's lease obligations from time to time, including

the right to deliver royalty in kind; and

 

(c) The rights to use production for the development and

operation of the Committed Lease(s) or other leases in

the vicinity (regardless of ownership), including, but

not limited to, the use of gas for fuel, drilling,

deepening, reworking, development system installation and

startup, compressing, gas lifting, pumping stations,

processing, treating, cycling, repressuring or other

supplemental recovery operations.