Per the message below, all of the remaining holidays in the system will be removed as business days tommorrow morning. Please let me know if this is a problem for anyone. Thank you,
Answer: Removal of the remainder of NYMEX 2001 Holidays
There will be a budget meeting on Tuesday, November 27 @ 11:00 a.m. in ECN 32C2. London will participate via video conference (NE5003). Please notify me if you are unable to attend. Many Thanks, Liz Taylor Executive Assistant to Greg Whalley, President & COO Enron Corp. liz.taylor@enron.com
Answer: Whalley Budget Meeting - Tuesday, November 27 @ 11:00 a.m. in ECN 32C2
Andrea, would it be possible to update our list to show the current progress on the "30 days" items? I think you have a better handle on the timelines than I would. Thanks. Michelle
Answer: October 26 Corporate HR Leadership Team Meeting
To forecast Entex: We have a database that contains the citygate volumes by day, with the low and high temps for each day. When we get a weather report for the new day, we enter the projected low temp and the spread into the file. The database is sorted by that information with a +/- 2 degrees on the temps, and provides an average volume for that criteria. (For example: With temps of 40-60, the sort would produce a list of the volumes pulled for each day with a low of 38 to 42 degrees and a temperature spread of 20 to 22 degrees. An average is then calculated from that volumetric data. In this case, the average is calculated to 259,000 Mmbtu.) Upon calculating the average, we then apply information we obtain through daily business and adjust that estimate. Things to consider: if weather is cloudy or sunny, wet or dry; wind chill; Entex's obligation on Midcon; Entex's recent operating procedures; Entex takes versus our prior estimates (have we been under or overestimating volumes each day), etc. Additionally, since we only see about 30% of the meters, we apply a factor to estimate the remaining 70%. If we have an unaccounted volume for a few days that is fairly consistent (and we have determined that the ua4 has not been caused by something else), we may adjust the factor to bring the estimates more in line. Let me know if you have any questions. Daren
Answer:
Entex Forecasting