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.