Sg Resources Mississippi, L.L.C

Original Volume No. 1

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Effective Date: 03/01/2008, Docket: RP08-184-000, Status: Effective

Original Sheet No. 241 Original Sheet No. 241 : Pending

 

 

FORM OF OPERATIONAL BALANCING AGREEMENT

 

THIS AGREEMENT ("OBA" or "Agreement") is made this _______

day of ___________, ____, by and between SG Resources Mississippi,

L.L.C. ("SGRM") a Delaware limited liability company, with offices

at 28420 Hardy Toll Road North, Suite. 125, Spring, Texas 77373-

7940, and ______________ ("PIPELINE") a __________________, with

offices at ________________________, and (collectively the

"Parties" or individually a "Party").

 

WITNESSETH

 

WHEREAS, the facilities operated or to be operated by SGRM

and PIPELINE interconnect at

____________________________________________(hereinafter referred

to as "Location," whether one or more); and

 

WHEREAS, SGRM and/or PIPELINE have entered or will enter into

one or more agreements with third party Service Requesters

(hereinafter referred to as "Service Requester(s)") for the

transportation of gas to or from the Location on their respective

systems (said agreements hereinafter referred to as "Service

Requester Agreements"); and

 

WHEREAS, from time to time, the quantities of gas confirmed

and scheduled by the Parties to be delivered to or received from

the Location (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 Location,

resulting in over- or under-deliveries relative to Scheduled

Quantities; and

 

WHEREAS, the Parties desire to implement an operational

balancing agreement in order to facilitate more efficient

operations, accounting, and systems management at the Location and

on the Parties' respective systems.

 

NOW, THEREFORE, in consideration of the premises and mutual

covenants contained herein, the Parties agree as follows:

 

1. Prior to the date and time of flow at the Location, the

Parties shall confirm and schedule nominations which will be

delivered or received at the Location. Such reconciliation and

confirmation between the Parties shall be made by facsimile,

electronic interface system or in writing, unless otherwise

mutually agreed to by the Parties.