Mid Louisiana Gas Company

First Revised Volume No. 2

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Effective Date: 01/11/1977, Docket: GT90- 37-000, Status: Effective

Original Sheet No. 74 Original Sheet No. 74 : Effective

 

 

 

RATE SCHEDULE X-8

(Continued)

 

 

It is anticipated that the gas purchased from Mobil by Mid Louisiana

and the gas which Southern purchases from Ashland in the Monroe Field will

equate to substantially Equivalent Volumes. However, any imbalances in

exchanged volumes shall be eliminated, by the deficient party, by

delivering additional gas to the other at the Lake St. John Exchange Point

or any other exchange point(s) which shall be mutually agreed on.

 

 

ARTICLE III

 

EXCHANGES

 

1. Southern agrees to accept at the Grand Bay Exchange Point that part

of the gas produced in Block 140, which Mid Louisiana purchases from Mobil,

its successors or assigns.

 

2. Mid Louisiana agrees to accept at the Cargas Exchange Point and the

Perryville Exchange Point all of the gas Southern purchases from Ashland in

the Monroe Field.

 

3. Any imbalances in Equivalent Volumes which may occur shall be

eliminated by the deficient party delivering the needed additional gas to

the other. If Southern is deficient, it may deliver additional gas to Mid

Louisiana at the Lake St. John Exchange Point. or it may, when acceptable

to Mid Louisiana, deliver gas, in addition to that purchased from Ashland,

to Mid Louisiana at the Perryville Exchange Point. If Mid Louisiana is

deficient, it may deliver additional gas to Southern at the Lake St. John

Exchange Point and it may, when acceptable to Southern, deliver additional

gas to Southern at the Perryville Exchange Point.

 

4. It is the intent of the parties that the daily and monthly

quantities of gas received by Southern from Mid Louisiana and by Mid

Louisiana from Southern shall be kept in balance as nearly as operating

conditions will permit. If, however, for any reason deliveries are not in

exact balance at the end of any month, they shall be brought into exact

balance as soon thereafter as operationally feasible.