Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective

Seventh Revised Sheet No. 53 Seventh Revised Sheet No. 53

Superseding: Sixth Revised Sheet No. 53

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

2. MEASUREMENT

 

2.1 Measurement Facilities. Unless otherwise agreed, Gas received

hereunder shall be measured by orifice meters to be installed and

operated or caused to be installed and operated by Transporter at

each Point of Injection and at or near each Point of Withdrawal.

However, if adequate measurement facilities are already in existence

at any such Points, such existing facilities shall be used.

Measurement responsibilities at Point(s) of Injection and Point(s)

of Withdrawal shall be by Transporter.

 

All orifice meters shall be installed and operated in accordance

with the specifications prescribed in AGA Report No. 3, entitled

"Orifice Metering of Natural Gas" including any appendices and any

existing or subsequent revisions or amendments thereto. The unit of

measurement for Gas hereunder shall be 1 Dth, as defined in Section

1 of the General Terms and Conditions. Unless otherwise stated, all

quantities are to be specified in terms of such unit. The average

atmospheric pressure at each Point of Injection or Point of

Withdrawal shall be determined by Transporter.

 

Measurement close should not be later than the fifth Business Day of

the Month following production. Missing or late measurement should

be estimated with actual data supplied later as a retroactive

adjustment. The measuring party is responsible for providing the

estimate. Retroactive adjustments should be taken back to the

production Month. Prior period adjustments are to be reported as

restated line items with new total quantities for the Day and Month

(NAESB Standards 2.3.7, 2.3.12, 2.3.13).

 

The time limitation for correcting and reconciling any measurement

shall be 6 months from the time of the close of the production

Month. Upon issuance of a retroactive adjustment, the affected

parties will have a 3 month rebuttal period. This 3 month rebuttal

period shall begin with the objecting party issuing a written

notification that a measurement dispute exists. These disputes will

apply to measurement errors that involve quantities that Transporter

has direct custody transfer responsibilities over, as well as

volumes measured by other companies that have been audited by

Transporter. This time limitation provision does not apply in the

case of deliberate omission or misrepresentation or mutual mistake

of fact. Parties' other statutory or contractual rights shall not

otherwise be diminished by this limitation. (NAESB Standard 2.3.14)