Oktex Pipeline Company

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-560-000, Status: Effective

Second Revised Sheet No. 26A Second Revised Sheet No. 26A : Effective

Superseding: First Revised Sheet No. 26A

c. by estimating the quantity of delivery by deliveries

during periods under similar conditions when the meter was

registering accurately.

7. Preservation of Metering Records. Transporter and

Shipper shall each preserve for a period of at least one (1)

year all test data, charts and other similar records.

8. Exchange of Measured Volume Audit Statements. For

exchange of measured audit statements refer to NAESB

Standard 2.1.4.

VII. BILLINGS AND PAYMENTS

1. Monthly Billing Date. The imbalance statement should be

rendered prior to or with the invoice, and the transportation invoice

should be prepared on or before the 9th business day after the end

of the production month. Rendered is defined as postmarked,

time-stamped, and delivered to the designated site. Electronic

invoicing functions should use common codes as defined by the

NAESB Common Codes Task Force.

2. Monthly Payment Date. Shipper shall pay Transporter, at

a bank designated by Transporter, so that payment is received and

Transporter has available funds there from on or before the last day

of each month, the full amount billed by Transporter to Shipper under

paragraph 1 of this Article VII for the immediately preceding month in

a statement for such month according to the measurement,

computations and prices provided in this Tariff and the Gas

Transportation Contract between Transporter and Shipper.

3. The imbalance statement should be rendered prior to or

with the invoice, and the transportation invoice should be prepared

on or before the 9th business day after the end of the production month.

Rendered is defined as postmarked, time-stamped, and delivered to the

designated site. Transporter may at its option render an estimated

statement to Shipper, which statement shall contain Transporter's best

estimate of the total amount payable to Transporter by Shipper under

the Gas Transportation Contracts(s) between Transporter and Shipper

for the preceding month. Shipper shall pay to Transporter the full amount

of such estimated statement on or before the last day of each month

provided, however, that Transporter shall render to Shipper a final

statement no later than the twentieth (20th) day of the month in which

such estimated statement is rendered, unless Transporter's

failure to do so is due to the fault of Shipper, in which case Transporter

shall render to Shipper a final statement at such time as Transporter

is able to do so. Any difference between the estimated statement

and the final statement shall be added to or deducted from, as

appropriate, Transporter's next succeeding monthly statement to

Shipper if any and if not the Party having the debt shall

pay to the other Party an amount equal to such debt.