Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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Effective Date: 08/01/2009, Docket: RP08-436-004, Status: Effective

First Revised Sheet No. 329 First Revised Sheet No. 329

Superseding: Original Sheet No. 329

 

Contract No. ________ - RDA

 

RESERVE DEDICATION AGREEMENT

[for use under Rate Schedule FTS-2]

 

This Reserve Dedication Agreement ("Agreement") is made and entered into

effective the ____ Day of _______, ____, by and between Stingray Pipeline

Company, L.L.C. ("Stingray") and ________________("Shipper"). Stingray and

Shipper shall individually be referred to herein as a "Party", and

collectively as the "Parties". Capitalized terms not defined herein shall

have the meaning ascribed thereto in Stingray's FERC Gas Tariff, as it exists

from time to time ("Tariff").

 

ARTICLE 1

DEDICATION OF RESERVES

 

1.1 In exchange for transportation service performed by Stingray for Shipper

under that certain FTS-2 Service Agreement, Contract No. _____, dated

________, _____ ("FTS-2 Agreement"), Shipper hereby exclusively

dedicates [select one of the following - all Gas produced from or

attributable to _____________ [identify offshore block(s)], now or

hereafter, owned or controlled by Shipper ("Dedicated Reserves"), or all

Gas produced from or attributable to _____________ [identify specific

well(s)], located in _____________ [identify offshore block(s)], now or

hereafter, owned or controlled by Shipper ("Dedicated Reserves"), or all

Gas produced from or attributable to all well(s) connected to or that

will be connected to _________ platform(s) [identify specific

platform(s)] located in _________[identify offshore block(s)], now or

hereafter, owned or controlled by Shipper ("Dedicated Reserves") or all

Gas produced from or attributed to [areas mutually agreed to by Stingray

and Shipper], now or hereafter, owned or controlled by Shipper

("Dedicated Reserves")], for transportation by (a) Shipper or (b) any

party that purchases from Shipper at the wellhead any production

reserves from the blocks listed above ("Shipper's Designee") on Stingray

under Rate Schedule FTS-2 for the economic life of the Dedicated

Reserves.

 

1.2 In the event Shipper transfers or assigns any or all of its right, title

and/or interest in the Dedicated Reserves, Shipper agrees that any such

transfer or assignment will be made subject to the terms of this

dedication, it being the intent of the Parties that the Dedicated

Reserves remain dedicated for transportation on Stingray for the

economic life of the reserves. Stingray shall be entitled to treat any

transfer or assignment of any or all of Shipper's right, title and/or

interest in the Dedicated Reserves as null and void unless such

assignment or other transfer shall include express provisions stating

that such assignment or other transfer is made in compliance with and

subject to the terms of this dedication as to the interests transferred

or assigned, such that all of Shipper's (including its successors')

rights, titles and/or interests in and to the Dedicated Reserves remain

dedicated for transportation on Stingray for the economic life of the

reserves.