Sea Robin Pipeline Company

First Revised Volume No. 1

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Effective Date: 08/04/1997, Docket: RP97-411-003, Status: Effective

First Substitute Original Sheet No. 234 First Substitute Original Sheet No. 234 : Superseded

Superseding: Original Sheet No. 234

EXHIBIT B

Reserve Commitment Agreement

 

Example: Permanent Release

Under Section 2.5

 

Assumptions:

 

- Year 2001

 

- Shipper A: - has MDQ of 100,000

Mcf/day under its FTS-2 Service Agreement

 

- has then current production

(as of 1/1/2001) from Committed Leases of

130,000 dt/day, but expects its production

from such fields to increase to 175,000

dt/day beginning 1/1/2002, to remain at

175,000 dt/day through 12/31/2003 and to

decline to 120,000 dt/day beginning

1/1/2004 (and thereafter to remain at that

level)

 

- Shipper has been receiving

20,000 dt of IT and 10,000 dt of Shipper's

current production has been interrupted

for 90 consecutive days (thru 12/31/2000)

 

Procedures:

 

1. Shipper on 1/1/2001 requests permanent release

of quantities of gas in excess of quantities of FTS-2

service available to Shipper with respect to future

delivery periods.

 

2. By 5/1/2001, Company notifies Shipper of the

actions it proposes to take and any additional MDQs

available to Shipper under its FTS-2 service agreement in

such future delivery periods.