EFFECTIVE 12/1/01 - RB Robertson & Sons is canceling his contract with Enron for approx 1,000/day metered production. Reason: With fixed prices in the $3.50-$3.70 range, Roc and his investors want to lock -in for a period greater than one year. He will sign a contract with Dominion Field Services.
Answer: RB Robertson & Sons
The Online Trading IT people have sent us a revised version of the long descriptions and a document spelling out the "rules" for how they are put together. Louise is asking for our final comments by close of business on next Wednesday (August 18th). Since I will be out of town then, please forward your comments and/or approvals directly to Mark Dilworth. Questions can be directed to Mark Dilworth, Marcello Romano or Louise Kitchen, all on the online trading team.
Answer: Product type long definitions - legal review
CES has a synthetic storage deal with Equitable Gas Company on Texas Eastern. CES gave Equitable 100,000 dth in April 1999 and Equitable is giving CES the gas back in January 2000 in Tetco M2. According to my new best buddy Fred at Equitable, CES will pay Equitable $.65 /dth after the January transaction is complete. Here are my questions/comments; 1. David - please look at the new deal I created for this exchange (deal 146788). The existing deal (deal 138741) is set up as a pipeline exchange. I believe the counterparty should be Equitable Gas Company which is the LDC. If it looks OK to you, I will kill the old deal and add the volumes to the new deal. Please let me know ASAP. 2. Linda/David - do we have CES's contract with Equitable? I would like to see a) what CES was paying Equitable for this deal and b) when the payment was due. 3. David/Stephanie - if the deal is structured the way Fred described it above, where do we put the $.65 fee at? 4. Linda - Fred has not received any assignment notices regarding CES deals. He doesn't know if he should bill CES or Enron North America. Who should he talk to about that?? Please forward this email to others that may need to see it. Thanks
Answer: Equitabel Gas Company Exchange on Tetco
Jason, The following reductions will be deducted from Peoples daily SIQ purchase of 125,000 MMBtu/day. For the 19th, our Transportation Services area reports that Peoples was cut by 1,158 MMBtu (780 @ TTP and 378 @ Border Will County to ANR Contract 104684). Here is a revised breakdown of the 19th: PGL Baseload 103,081 PGL SIQ 123,842 (125,000 minus 1,158) PGL DIQ 0 Revised Total Purchase 226,923 Peoples @ North Shore (10,050) Revised Will County ( 39,622) Upstream Volume 177,251 Sell Back to Enron (50,000) @ Gas Daily minus $.01 Enron @ TTP Net 127,251 For the 20th, Peoples was cut by 2,025 MMBtu (1,272 @ TTP and 753 @ Border Will County to ANR Contract 104684). The 20th should now look like the following: PGL Baseload 103,081 PGL SIQ 122,975 (125,000 minus 2,025) PGL DIQ 0 Revised Total Purchase 226,056 Peoples @ North Shore (10,050) Revised Will County ( 39,247) Upstream Volume 176,759 Sell Back to Enron (50,000) @ Gas Daily minus $.01 Enron @ TTP Net 126,759 For the 21st, Peoples was cut by 96 MMBtu (62 @ TTP and 34 @ Border Will County to ANR Contract 104684). The 21st should now look like the following: PGL Baseload 103,081 PGL SIQ 124,904 (125,000 minus 96) PGL DIQ 0 Revised Total Purchase 227,985 Peoples @ North Shore (10,050) Revised Will County ( 39,966) Upstream Volume 177,969 Sell Back to Enron (50,000) @ Gas Daily minus $.01 Enron @ TTP Net 127,969 Call me if you have questions. Jer
Answer:
Final cuts regarding gas days May 19th thru May 21st