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. 389 Original Sheet No. 389 : Effective

 

 

FORM OF RESERVE COMMITMENT AGREEMENT

(Continued)

 

 

EXHIBIT B

Reserve Commitment Agreement

 

Example: Permanent Release

Under Section 2.5

 

Assumptions:

 

- Year 2001

 

- Shipper A: - has MDQ of 100,000 Dth/Day under its FTS-2

Service Agreement

 

- has then current production

(as of 1/1/2001) from Committed Lease(s) of

130,000 Dth/Day, but expects its production

from such fields to increase to 175,000

Dth/Day beginning 1/1/2002, to remain at

175,000 Dth/Day through 12/31/2003 and to

decline to 120,000 Dth/Day beginning

1/1/2004 (and thereafter to remain at that

level)

 

- Shipper has been receiving

20,000 Dth of IT and 10,000 Dth of Shipper's

current production has been interrupted

for 90 consecutive Days (thru 12/31/2000)

 

Procedures:

 

1. Shipper on 1/1/2001 requests permanent release of

quantities of gas in excess of quantities of FTS-2

service available to Shipper with respect to future

delivery periods.

 

2. By 5/1/2001, Sea Robin notifies Shipper of the actions it

proposes to take and any additional MDQs available to

Shipper under its FTS-2 Service Agreement in such future

delivery periods.