Bobcat Gas Storage

Original Volume No. 1

Effective Date: 10/15/2008, Docket: RP08-608-000, Status: Effective

Original Sheet No. 96 Original Sheet No. 96

GENERAL TERMS AND CONDITIONS

(Continued)

12. MEASUREMENT

12.1 The unit of volume for the purpose of measurement and the

determination of total heating value of all quantities of Gas

stored by Bobcat or delivered to and received from storage

hereunder shall be one (1) cubic foot of Gas at the base

temperature of sixty degrees Fahrenheit (60 degrees F) and at an

absolute pressure of fourteen and seventy-three hundredths (14.73)

pounds per square inch and dry. All fundamental constants,

observations, records, and procedures involved in determining

and/or verifying the quantity and other characteristics of Gas

delivered hereunder shall, unless otherwise specified herein, be

in accordance with the standards prescribed in Report No. 3 of the

American Gas Association, as now in effect and from time to time

amended or supplemented. All measurements of Gas shall be

determined by calculation into terms of such unit. All quantities

given herein, unless expressly stated otherwise, are terms of such

unit. Notwithstanding the foregoing, it is agreed that, for all

purposes, the Btu content of the Gas received and delivered by

Bobcat hereunder shall be measured on a "dry" basis rather than a

fully saturated or "wet" basis. For Gas volumes reported in cubic

meters, the standard conditions are 101.325 kPa, 15 degrees C, and

dry.

12.2 Bobcat shall install, maintain, and operate, or cause to be

installed, maintained, and operated, the measurement facilities

required hereunder. Said measurement facilities shall be so

equipped with meters, recording gauges, chromatographs, or other

types of related and/or similar equipment of standard make and

design commonly acceptable in the industry, as to accomplish the

accurate measurement of Gas delivered hereunder. The retrieval of

data and calibrating and adjustment of meters shall be done by

Bobcat or its agent.

12.3 The unit of gas received, injected, stored, withdrawn, and

delivered shall be measured as one million Btu's (1,000,000 Btu),

as defined in Section 2 (Definitions) of these General Terms and

Conditions. The number of Btu's received, injected, stored,

withdrawn, and delivered shall be determined by multiplying the

number of cubic feet of Gas determined pursuant to Section 12.1 of

these General Terms and Conditions by the total heating value of

such gas, in BTUs per cubic foot, rounded to not less than 6

decimal places and by dividing the product by one million

(1,000,000).