Overthrust Pipeline Company

First Revised Volume No. 1-A

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Effective Date: 11/01/2000, Docket: RP01- 34-000, Status: Effective

Original Sheet No. 67F Original Sheet No. 67F : Superseded

 

GENERAL TERMS AND CONDITIONS

 

(e) At the end of each calendar month where

Shipper's net transportation receipts (receipt Dth less

lost-and-unaccounted-for) do not equal deliveries on a Dth

basis, the following procedures will apply:

 

(i) Shipper's imbalances under each T-1 and

T-2 agreement will be netted together for monthly imbalance

calculations. Each month on or before the 9th business day,

Overthrust will provide imbalance statements and information

on its website indicating the resulting monthly imbalance

incurred in the prior month.

 

(ii) Following posting of the monthly

imbalance for the prior month, Shippers will then have

through the last day of the current month to remedy any

imbalance exceeding the imbalance tolerance. To remedy an

imbalance, Shippers will have the ability to trade

imbalances pursuant to 16.3 or pay back the imbalance in

the current month pursuant to 16.4.

 

(iii) At the end of the month in which the

imbalance for the prior month was posted and after all

imbalance trades and pay back have been entered, Shipper

will be cashed out, pursuant to 16.5 for any remaining

imbalance.

 

16.3 Imbalance Trading.

(a) Shipper will be able to trade imbalances

with other Shippers that have an imbalance that will reduce

each Shipper's imbalance.

 

(b) All imbalance trading must be conducted

through Questline. If Shipper desires to trade imbalances

on Questline, Shipper must consent to Overthrust releasing

to others on Questline Shipper's monthly imbalance

information.

 

(c) Once Shippers have agreed to trade their

imbalances, each Shipper must notify Overthrust by

completing an imbalance trading notice on Questline. This

notice to Overthrust will be deemed to be the Shipper's

direction to Overthrust to make the imbalance trade on the

Shipper's account. If the Shipper's notices coincide,

Overthrust will adjust Shipper's accounts to reflect the

imbalance trade.