Viking Gas Transmission Company
First Revised Volume No. 1
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Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective
Second Revised Sheet No. 121 Second Revised Sheet No. 121 : Effective
Superseding: First Revised Sheet No. 121
OPERATIONAL BALANCING AGREEMENT
(For Use at Receipt Point(s))
NOMINATIONS AND CONFIRMATIONS
1.5 Unauthorized deliveries - Upon notice by Company under an Operational Flow Order
(OFO), Balancing Party shall conform its deliveries to the terms and conditions of
the OFO. If Balancing Party fails to conform its deliveries to the terms and
conditions of the applicable OFO, the excess quantities will be treated as
unauthorized deliveries and will be subject to a charge as set forth in Section 3 of
the General Terms and Conditions of Company's FERC Gas Tariff.
CORRECTION OF OPERATIONAL IMBALANCES
2.1 Corrections During the Month - Estimated metered quantities, or actual metered
quantities where available, shall be used by Company for purposes of adjustments
under this Section on a daily basis during the production month to determine the
estimated Operational Imbalance at (all of) the Receipt Point(s). Company shall
make the estimated Daily and Monthly Operational Imbalance (at each Receipt Point)
available to Balancing Party within three (3) Business Days after each production
day. Adjustments in nominations and actual deliveries may be made by Company or
Balancing Party during the production month to adequately control imbalance levels.
If Balancing Party fails to take such corrective action, Company may, upon
forty-eight (48) hours notice, adjust the nominations and actual receipts during the
remainder of the production month to adequately control imbalance levels. Any such
adjustments will be incorporated in the daily nominations confirmed between Company
and Balancing Party.
2.2 Corrections in Subsequent Periods - As soon as practicable following the close of
each month, Company will send Balancing Party a statement setting forth the Monthly
Operational Imbalance existing at the end of the prior month. Any Monthly
Operational Imbalance shall be corrected in cash in accordance with Rate
Schedule LMS of Company's FERC Gas Tariff Volume No. 1, unless the parties mutually
agree otherwise. For purposes of correcting imbalances in cash in accordance with
Rate Schedule LMS, any difference between actual deliveries and confirmed
nominations will be treated as "Excess Receipts."
2.3 Measurement of Operational Imbalance - Any gas received or delivered pursuant to
this Agreement shall be adjusted for variation in Btu content. Measurement of gas
for all purposes shall be in accordance with Company's FERC Gas Tariff.
2.4 Operational Integrity - Nothing in this Article II shall limit Company's right to
take action as may be required to adjust receipts of gas in order to alleviate
conditions which threaten the integrity of its system.