Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 10/01/2000, Docket: RP00-226-000, Status: Suspended

Second Revised Sheet No. 27 Second Revised Sheet No. 27 : Suspended

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 Annual Updates

On or before April 1 of each year Shipper's FT-2 Service Agreement is in

effect, 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 Additional Updates

In the event:

(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