Document ID: FERC-2010-0376-0001
Agency: ferc
Document Type: Notice
Title: Agenda for Form No. 552 Technical Conference: Transparency Provisions of Section 23 of the Natural Gas Act
Posted Date: 2010-03-22T04:00Z

[Federal Register: March 22, 2010 (Volume 75, Number 54)]
[Notices]               
[Page 13523-13524]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22mr10-37]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. RM07-10-002]

 
Transparency Provisions of Section 23 of the Natural Gas Act; 
Notice of the Agenda for Form No. 552 Technical Conference

March 15, 2010.
    In a ``Notice of Technical Conference'' issued on February 22, 2010 
in the above-referenced proceeding, the Commission stated that this 
conference, to be held on March 25, 2010, will address select issues 
identified by staff. Those issues include: (1) Inconsistencies in 
reporting upstream transactions in the natural gas supply chain on Form 
No. 552, and whether these transactions contribute to wholesale price 
formation; (2) whether transactions involving balancing, cash-out, 
operational, and in-kind transactions should be reported on Form No. 
552; and (3) whether the units of measurement (TBtu) currently used for 
reporting volumes in the form are appropriate. The Agenda for this 
Technical Conference is attached to this notice.
    Specific questions to each panel are on the attached Agenda. Each 
panelist will be given the opportunity to provide a brief introductory 
statement on these questions.

Kimberly D. Bose,
Secretary.

March 25, 2010: Commission Meeting Room

9 a.m.-9:10 a.m.--Opening Remarks.
9:10 a.m.-10:45 a.m.--Upstream transactions in the natural gas supply 
chain.

    1. How has your company addressed the reporting of unprocessed gas 
on Form No. 552?
    2. Are there unreported volumes of unprocessed physical natural gas 
(between the wellhead and any processing plant) that use, contribute 
to, or might they contribute to the formation of daily or monthly gas 
price indices? Are the volumes associated with these transactions 
material?
    3. What effect, if any, will the development of nontraditional gas 
sources have on the reporting on unprocessed gas?
    4. Is the current reporting measurement (TBtus) an appropriate 
measurement? Would reporting volumes in decatherms be more appropriate?

Panelists

     John Poe, Manager, Regulatory Affairs, ExxonMobil Gas & 
Power Marketing Company (Natural Gas Supply Association).
     William E. Shanahan, Marketing Manager, Chaparral LLC, 
(Natural Gas & Energy Association of Oklahoma).
     Mary Nelson, Manager, Regulatory Affairs, Devon Energy 
Corp. (Natural Gas Supply Association).
     Katie Rice, Director, Regulatory Affairs, DCP Midstream 
LLC.
     Representative, Independent Producers Association of 
America.

10:45 a.m.-11 a.m.--Break
11 a.m. -12:15 p.m. Cashouts, Imbalances and Operational Volumes

    1. How has your company addressed the reporting of cashouts, 
imbalance makeup and operational volumes on the Form No. 552 in 
relation to the total volumes of physical natural gas reported?
    2. Are the volumes associated with these transactions material? 
Please quantify.
    3. Is the current reporting measurement (TBtus) an appropriate 
measurement? Would reporting volumes in decatherms be more appropriate?

Panelists

     Scott Brewer, Director, North American Energy, Terra 
Industries, Inc. (Process Gas Consumers).
     Katie Rice, Director, Regulatory Affairs, DCP Midstream 
LLC.

[[Page 13524]]

     Matt Kerec, Assistant Commodity Manager, Alcoa, Inc. 
(Process Gas Consumers).
     Michael E. Novak, Assistant General Manager, Federal 
Regulatory Affairs, National Fuel Gas Distribution Corp. (on behalf of 
the American Gas Association).
     John Poe, Manager, Regulatory Affairs, ExxonMobil Gas & 
Power Marketing Company (Natural Gas Supply Association).
     Dena Wiggins, Partner, Ballard Spahr LLP (Process Gas 
Consumers Group).

12:15 p.m.-1:15 p.m.--Lunch
1:15 p.m.-1:45 p.m.--Question and Answer Period
1:45 p.m.-2 p.m.--Closing Remarks

[FR Doc. 2010-6163 Filed 3-19-10; 8:45 am]
BILLING CODE 6717-01-P