Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 04/01/2009, Docket: RP09-366-002, Status: Effective

Substitute First Revised Sheet No. 269 Substitute First Revised Sheet No. 269

Superseding: Original Sheet No. 269

 

IT-1 TRANSPORTATION SERVICE AGREEMENT (cont'd)

 

15.4 Exhibit "A" attached hereto is incorporated herein by reference

and made a part hereof for all purposes.

 

15.5 Reservation of Processing Rights

 

If Shipper has executed an effective Liquids transportation

agreement with Transporter and an effective separation-

stabilization agreement with the operator of the Separation-

Stabilization Facility, Shipper shall retain title to the entire

gas stream Shipper delivers to Transporter, including liquid

hydrocarbons recovered from Shipper's gas by Transporter using

conventional gravity separation facilities during transportation.

Shipper hereby reserves the right at any time and from time to

time to process the gas delivered to Transporter hereunder for the

extraction of substances contained therein, including but not

limited to, Retrograde Condensate, liquefiable hydrocarbons and

concomitant materials (i.e., sulfur, carbon dioxide, nitrogen,

helium, etc.), herein called "Plant Products", and Transporter

specifically agrees not to have Shipper's gas processed without

Shipper's express written consent. Any costs associated with

Shipper exercising its Processing Rights shall not be borne by

Transporter.

 

If Shipper has not executed an effective Liquids transportation

agreement with Transporter and an effective separation-

stabilization agreement with the operator of the Separation-

Stabilization Facility, Shipper shall be deemed to have

relinquished title to any Liquids and/or Retrograde Condensate

that is delivered with or attributable to the natural gas stream

delivered to Transporter at a Receipt Point(s).

 

 

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be

duly executed as of the date first hereinabove written.

 

[SHIPPER] MISSISSIPPI CANYON GAS PIPELINE, LLC

 

 

BY:____________________________ BY:______________________________

TITLE:_________________________ TITLE:___________________________

 

DATE:__________________________ DATE:____________________________