Transwestern Pipeline Company, LLC

Third Revised Volume No. 1

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Effective Date: 07/18/2010, Docket: RP10-853-000, Status: Effective

Third Revised Sheet No. 225 Third Revised Sheet No. 225

Superseding: Second Revised Sheet No. 225

 

DEFAULT

OPERATOR BALANCING AGREEMENT

FORM OF AGREEMENT

 

between

 

Transwestern Pipeline Company, LLC

 

and

 

[Operator's Name], [Contract Number]

__________________________________________

 

THIS AGREEMENT ("OBA" or "Agreement") made and entered into by and between TRANSWESTERN PIPELINE

COMPANY, LLC ("Transporter") and ______________ ("Company"), (collectively the "Parties" or individually as

"Party"), this ___ day of ___________, _____.

 

WITNESSETH

 

WHEREAS, the facilities operated or to be operated by Transporter and Company interconnect at a point

or points specified in the Exhibit 1 attached hereto and incorporated herein by this reference (hereinafter

referred to as "Interconnect Point, whether one or more"); and

 

WHEREAS, Transporter and/or Company (at times hereinafter referred to as the "Parties" or individually

as a "Party") have entered into one or more agreements with third party shippers (hereinafter referred to as

"Shipper" or "Shippers") for the transportation of gas to or from the Interconnect Point on their respective

systems (said agreements hereinafter referred to as "Shipper Agreements"); and

 

WHEREAS, from time to time, the quantities of gas confirmed by Company and scheduled by Transporter to

be delivered to or received from the Interconnect Point (said quantities hereinafter referred to as the

"Scheduled Quantities") may be greater or lesser than the quantities of gas which are actually delivered at the

Interconnect Point, resulting in inadvertent over- or under-deliveries relative to Scheduled Quantities; and

 

WHEREAS, the Parties desire to implement a balancing agreement in order to facilitate more efficient

operations, accounting, and systems management at the Interconnect Point and on the Parties' respective systems.

 

NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the Parties

agree as follows: