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First Substitute Original Sheet No. 235 First Substitute Original Sheet No. 235 : Superseded

Superseding: Original Sheet No. 235

 

 

 

 

 

 

FORM OF RESERVE COMMITMENT AGREEMENT

(Continued)

 

EXHIBIT B

(Continued)

 

 

Assume, for this example, Company informs

Shipper that it has 25,000 Mcf/d of additional MDQs

available to Shipper under its FTS-2 Service

Agreement effective 6/1/2001 and another 30,000

Mcf/d of additional MDQs available to Shipper under

its FTS-2 Service Agreement beginning 1/1/2002.

 

Permanent Release Quantities:

 

1. Shipper's Permanent Release Quantities are up to:

5,000 dt/day during 7/1/2001 through 12/31/2002; 20,000

dt/day during 1/1/2002 through 12/31/2003, and 0 beginning

1/1/2004 (see below):

7/1/2001

through 130,000 - 125,000 (FTS-2) = 5,000 dt/day

12/31/2001

 

1/1/2002

through 175,000 - 155,000 (FTS-2) = 20,000 dt/day

12/31/2003

 

beginning 120,000 - 125,000 (FTS-2) = 0 permanent

1/1/2004 release quantities

 

2. If Shipper's actual production in calendar

year 2002 is 165,000 dt/day, only 10,000 dt/day

will be released (last quantities produced rule).

 

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This example is for illustrative purposes only. The

actual application of any permanent releases shall be

governed by the provisions of Section 2.5.