Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 10/01/2000, Docket: RP00-226-002, Status: Effective

Sub Second Revised Sheet No. 27 Sub Second Revised Sheet No. 27 : Effective

Superseding: First Revised Sheet No. 27

RATE SCHEDULE FT-2

FIRM TRANSPORTATION SERVICE (cont'd)

 

 

7. REDUCTIONS IN MDQ

 

Shipper shall have the right, at any time and from time to

time, to permanently reduce, in whole or by a uniform

quantity within all months of a Delivery Period, the MDQ

under its FT-2 Transportation Service Agreement, for any

given Delivery Period(s) set forth on Exhibit A thereto, on

six (6) months' prior written notice to Transporter. In

consideration of the foregoing MDQ reduction rights, Shipper

will agree to waive its rights to any revenues from a

release of its FT-2 capacity pursuant to Section 19 of the

General Terms and Conditions to the extent such revenues

exceed the charges payable by Shipper under its FT-2

Transportation Service Agreement.

 

8. SUCCESSORS AND ASSIGNS

 

Shipper's FT-2 Transportation Service Agreement may be

assigned to assignees of Shipper's interest in the Committed

Field(s) who satisfy the requirements of Section 6.3 of this

Rate Schedule. No assignment shall relieve Shipper of its

obligations under the FT-2 Transportation Service Agreement.

 

9. GENERAL TERMS AND CONDITIONS

 

Shipper shall provide Transporter with such information as

is needed to meet the requirements placed on Transporter

pursuant to the Commission's orders and regulations. The

General Terms and Conditions specified in Volume 1 of

Transporter's FERC Gas Tariff are incorporated as part of

this Rate Schedule, to the extent not inconsistent herewith.

 

10. GAS PRODUCTION FORECAST UPDATES

10.1 Updated Gas Production Forecast

Upon request of Transporter pursuant to section 10.2

below, Shipper shall submit an updated gas production

forecast to support its MDQs. The updated gas

production forecasts shall consist of:

(i) actual production history by month for each Committed

Field(s) for the current year and past four years (if

applicable), and

(ii) production development forecasts by month by Committed

Field(s) for the next ten years.

 

10.2 Request for Updates

 

Transporter may request that Shipper update its

production forecast, as described in Section 10.1, to

support Shipper's MDQs when:

(i) firm capacity is required to accommodate new shippers

who have requested firm capacity and such capacity is

unavailable, or

(ii) Transporter is considering a system expansion, or

(iii)Transporter is evaluating an existing Shipper's request

to