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First Substitute Original Sheet No. 235 First Substitute Original Sheet No. 235 : Superseded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