Spreadsheet: chris_germany__2001__Insdferc02012002
Sheet: Sheet1

Gas Market Report
Prices of Spot Gas Delivered to Pipelines February 1, 2002 (per [NAME] dry)
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
ANR Pipeline Co. |  |  |  |  |  |  | Northwest Pipeline Corp.
Louisiana | 1.8 | to | 2.07 |  | 1.94 |  | [NAME] | 1.64 | to | 1.91 |  | 1.73
Oklahoma | 1.8 | to | 1.99 |  | 1.9 |  | Canadian border | 1.74 | to | 1.94 |  | 1.85
Colorado Int. Gas Co. |  |  |  |  |  |  | ONG Transmission Co.
[NAME] | 1.62 | to | 1.85 |  | 1.7 |  | Oklahoma | 1.81 | to | 1.98 |  | 1.9
Columbia Gas Transmission Corp. |  |  |  |  |  |  | Panhandle Eastern Pipe Line Co.
Appa. (W.VA., Ohio, Ky.) | 2 | to | 2.25 |  | 2.14 |  | Texas, Okla. (mainline) | 1.8 | to | 2.01 |  | 1.9
Columbia Gulf Transmission Co. |  |  |  |  |  |  | Questar Pipeline Co.
Louisiana | 1.9 | to | 2.12 |  | 2.02 |  | [NAME] | 1.48 | to | 1.8 |  | 1.6
Dominion Transm Co. |  |  |  |  |  |  | Reliant Energy Gas Transmission Co.
Appalachia | 2.08 | to | 2.28 |  | 2.2 |  | East | 1.8 | to | 2.06 |  | 1.92
El Paso Nat. Gas Co. |  |  |  |  |  |  | West | 1.75 | to | 2.01 |  | 1.87
Permian Basin | 1.74 | to | 1.95 |  | 1.83 |  | Southern Natural Gas Co.
San Juan Basin | 1.7 | to | 1.86 |  | 1.77 |  | Louisiana | 1.92 | to | 2.05 |  | 1.99
EPGT Texas Pipeline, L.P. |  |  |  |  |  |  | Tennessee Gas Pipeline Co.
Texas | 1.68 | to | 1.89 |  | 1.76 |  | La. & Offshore (zone 1) | 1.83 | to | 2.1 |  | 1.96
Florida Gas Trans. Co. |  |  |  |  |  |  | Texas (zone 0) | 1.8 | to | 1.98 |  | 1.9
Zone 1 | 1.95 | to | 2.01 |  | 1.97 |  | Texas Eastern Transmission Corp.
Zone 2 | 1.95 | to | 2.16 |  | 2.05 |  | East Louisiana zone | 1.82 | to | 2.09 |  | 1.97
Zone 3 | 1.93 | to | 2.06 |  | 1.97 |  | West Louisiana zone | 1.88 | to | 2.04 |  | 1.96
Kern River Gas Trans. |  |  |  |  |  |  | East Texas zone | 1.87 | to | 2.02 |  | 1.94
Wyoming | 1.64 | to | 1.91 |  | 1.72 |  | South Texas zone | 1.78 | to | 2.02 |  | 1.93
Gulf South Pipeline Co. of America |  |  |  |  |  |  | Texas Gas Transmission Corp.
South Louisiana/East Side | 1.85 | to | 1.97 |  | 1.91 |  | Zone 1 | 1.94 | to | 2.12 |  | 2.03
Texas | 1.7 | to | 1.92 |  | 1.85 |  | Zone SL | 1.9 | to | 2.09 |  | 2.02
Natural Gas Pipeline of America |  |  |  |  |  |  | Transcontinental Gas Pipe Line Corp.
Mid-Continent zone | 1.78 | to | 2 |  | 1.89 |  | Zone 1 (pooling point) | 1.89 | to | 2.04 |  | 1.96
Louisiana zone | 1.8 | to | 2.06 |  | 1.94 |  | Zone 2 (pooling point) | 1.9 | to | 2.06 |  | 1.99
Texok zone | 1.81 | to | 2.04 |  | 1.91 |  | Zone 3 (pooling point) | 1.99 | to | 2.12 |  | 2.06
South Texas Zone | 1.75 | to | 2.02 |  | 1.89 |  | Mississippi, Alabama | 2.01 | to | 2.16 |  | 2.07
Northern Natural Gas Co. |  |  |  |  |  |  | Transwestern Pipeline Co.
Texas, Okla., Kansas | 1.74 | to | 1.96 |  | 1.86 |  | Permian Basin | 1.74 | to | 1.88 |  | 1.84
Demarcation | 1.85 | to | 2.05 |  | 1.97 |  | Trunkline Gas Co.
Ventura, Iowa | 1.87 | to | 2.14 |  | 1.97 |  | Louisiana | 1.84 | to | 2.01 |  | 1.93
 |  |  |  |  |  |  | Texas | 1.82 | to | 2.03 |  | 1.89
 |  |  |  |  |  |  | Williams Gas Pipelines Central Inc.
 |  |  |  |  |  |  | Texas, Oklahoma, Kansas | 1.8 | to | 1.99 |  | 1.9
DELIVERED SPOT-GAS PRICES
February 2002 (per [NAME])
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
Houston Ship Channel/Beaumont, Tx |  |  |  |  | (Large packages only) |  | Louisiana/Missippi River Corridor
large packages (3,500 Mcf/day) | 1.84 | to | 2.12 |  | 2 |  | packages of at least 2,000 Mcf/day | 1.98 | to | 2.15 |  | 2.07
small packages (less than 3,500 Mcf | 1.93 | to | 2.05
/day)
MARKET CENTER  SPOT-GAS PRICES
February 2002 (per [NAME])
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
Northeast |  |  |  |  |  |  | East Texas
Texas Eastern zone M-3 | 2.31 | to | 2.55 |  | 2.43 |  | Houston Ship Channel | 1.84 | to | 2.12 |  | 2
Transco zone 6 | 2.38 | to | 2.75 |  | 2.58 |  | [NAME] | 1.85 | to | 2.05 |  | 1.94
New York/New Jersey city-gate | 2.33 | to | 2.65 |  |  |  | West Texas
New England city-gate | 2.4 | to | 2.64 |  |  |  | Waha | 1.79 | to | 2.05 |  | 1.87
 |  |  |  |  |  |  | Pacific Northwest
Upper Midwest |  |  |  |  |  |  | Stanfield. Ore. | 1.78 | to | 1.89 |  | 1.84
Chicago city-gate | 1.89 | to | 2.02 |  | 1.97 |  | city-gate | 1.95 | to | 2.14
Southern Michigan city-gate | 1.97 | to | 2.1 |  | 2.03 |  | California
Wisconsin city-gate | 2.05 | to | 2.25 |  |  |  | PG&E Malin, Ore. | 1.9 | to | 2.11 |  | 1.99
Minnesota city-gate | 1.99 | to | 2.2 |  |  |  | PG&E city-gate | 1.97 | to | 2.18 |  | 2.06
South Louisiana |  |  |  |  |  |  | PG&E South | 1.91 | to | 2.06 |  | 1.98
[NAME] | 1.92 | to | 2.15 |  | 2.03 |  | Southern California Gas Co. | 1.87 | to | 2.15 |  | 2.02