Spreadsheet: dutch_quigley__9223__Insdferc01012002
Sheet: Sheet1

Gas Market Report
Prices of Spot Gas Delivered to Pipelines January 1, 2002 (per [NAME] dry)
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
ANR Pipeline Co. |  |  |  |  |  |  | Northwest Pipeline Corp.
Louisiana | 2.4 | to | 2.64 |  | 2.5 |  | [NAME] | 2.15 | to | 2.58 |  | 2.35
Oklahoma | 2.43 | to | 2.79 |  | 2.5 |  | Canadian border | 2.38 | to | 2.73 |  | 2.56
Colorado Int. Gas Co. |  |  |  |  |  |  | ONG Transmission Co.
[NAME] | 2.11 | to | 2.49 |  | 2.26 |  | Oklahoma | 2.45 | to | 2.63 |  | 2.51
Columbia Gas Transmission Corp. |  |  |  |  |  |  | Panhandle Eastern Pipe Line Co.
Appa. (W.VA., Ohio, Ky.) | 2.66 | to | 3.12 |  | 2.76 |  | Texas, Okla. (mainline) | 2.4 | to | 2..75 |  | 2.51
Columbia Gulf Transmission Co. |  |  |  |  |  |  | Questar Pipeline Co.
Louisiana | 2.5 | to | 3.01 |  | 2.6 |  | [NAME] | 2.05 | to | 2.4 |  | 2.19
Dominion Transm Co. |  |  |  |  |  |  | Reliant Energy Gas Transmission Co.
Appalachia | 2.71 | to | 2.98 |  | 2.79 |  | East | 2.38 | to | 2.83 |  | 2.51
El Paso Nat. Gas Co. |  |  |  |  |  |  | West | 2.3 | to | 2.81 |  | 2.46
Permian Basin | 2.2 | to | 2.75 |  | 2.57 |  | Southern Natural Gas Co.
San Juan Basin | 2.2 | to | 2.65 |  | 2.47 |  | Louisiana | 2.43 | to | 2.73 |  | 2.54
EPGT Texas Pipeline, L.P. |  |  |  |  |  |  | Tennessee Gas Pipeline Co.
Texas | 2.23 | to | 2.63 |  | 2.32 |  | La. & Offshore (zone 1) | 2.45 | to | 2.8 |  | 2.53
Florida Gas Trans. Co. |  |  |  |  |  |  | Texas (zone 0) | 2.39 | to | 2.84 |  | 2.52
Zone 1 | 2.48 | to | 2.76 |  | 2.55 |  | Texas Eastern Transmission Corp.
Zone 2 | 2.54 | to | 2.78 |  | 2.6 |  | East Louisiana zone | 2.41 | to | 2.67 |  | 2.53
Zone 3 | 2.48 | to | 2.8 |  | 2.57 |  | West Louisiana zone | 2.43 | to | 2.64 |  | 2.52
Kern River Gas Trans. |  |  |  |  |  |  | East Texas zone | 2.4 | to | 2.7 |  | 2.5
Wyoming | 2.15 | to | 2.58 |  | 2.36 |  | South Texas zone | 2.3 | to | 2.74 |  | 2.49
Gulf South Pipeline Co. of America |  |  |  |  |  |  | Texas Gas Transmission Corp.
South Louisiana/East Side | 2.4 | to | 2.57 |  | 2.43 |  | Zone 1 | 2.52 | to | 2.69 |  | 2.57
Texas | 2.33 | to | 2.38 |  | 2.37 |  | Zone SL | 2.5 | to | 2.74 |  | 2.59
Natural Gas Pipeline of America |  |  |  |  |  |  | Transcontinental Gas Pipe Line Corp.
Mid-Continent zone | 2.4 | to | 2.76 |  | 2.49 |  | Zone 1 (pooling point) | 2.4 | to | 2.67 |  | 2.52
Louisiana zone | 2.44 | to | 2.79 |  | 2.53 |  | Zone 2 (pooling point) | 2.52 | to | 2.6 |  | 2.56
Texok zone | 2.42 | to | 2.85 |  | 2.5 |  | Zone 3 (pooling point) | 2.55 | to | 2.95 |  | 2.65
South Texas Zone | 2.39 | to | 2.74 |  | 2.48 |  | Mississippi, Alabama | 2.53 | to | 3.03 |  | 2.63
Northern Natural Gas Co. |  |  |  |  |  |  | Transwestern Pipeline Co.
Texas, Okla., Kansas | 2.29 | to | 2.49 |  | 2.4 |  | Permian Basin | 2.35 | to | 2.65 |  | 2.49
Demarcation | 2.45 | to | 2.9 |  | 2.58 |  | Trunkline Gas Co.
Ventura, Iowa | 2.48 | to | 2.98 |  | 2.57 |  | Louisiana | 2.42 | to | 2.64 |  | 2.49
 |  |  |  |  |  |  | Texas | 2.4 | to | 2.7 |  | 2.47
 |  |  |  |  |  |  | Williams Gas Pipelines Central Inc.
 |  |  |  |  |  |  | Texas, Oklahoma, Kansas | 2.43 | to | 2.63 |  | 2.51
DELIVERED SPOT-GAS PRICES
January 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) | 2.5 | to | 2.96 |  | 2.61 |  | packages of at least 2,000 Mcf/day | 2.62 | to | 2.79 |  | 2.68
small packages (less than 3,500 Mcf | 2.52 | to | 2.9
/day)
MARKET CENTER  SPOT-GAS PRICES
January 2002 (per [NAME])
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
Northeast |  |  |  |  |  |  | East Texas
Texas Eastern zone M-3 | 3.42 | to | 4 |  | 3.6 |  | Houston Ship Channel | 2.5 | to | 2.96 |  | 2.61
Transco zone 6 | 3.76 | to | 5.6 |  | 4.92 |  | [NAME] | 2.5 | to | 2.89 |  | 2.63
New York/New Jersey city-gate | 3.68 | to | 5.09 |  |  |  | West Texas
New England city-gate | 3.2 | to | 3.96 |  |  |  | Waha | 2.2 | to | 2.9 |  | 2.6
 |  |  |  |  |  |  | Pacific Northwest
Upper Midwest |  |  |  |  |  |  | Stanfield. Ore. | 2.42 | to | 2.8 |  | 2.62
Chicago city-gate | 2.55 | to | 3.04 |  | 2.7 |  | city-gate | 2.55 | to | 3.26
Southern Michigan city-gate | 2.6 | to | 3.125 |  | 2.72 |  | California
Wisconsin city-gate | 2.67 | to | 3.02 |  |  |  | PG&E Malin, Ore. | 2.45 | to | 2.84 |  | 2.6
Minnesota city-gate | NA | to | NA |  |  |  | PG&E city-gate | 2.55 | to | 3.08 |  | 2.84
South Louisiana |  |  |  |  |  |  | PG&E South | 2.51 | to | 2.8 |  | 2.64
[NAME] | 2.53 | to | 3.01 |  | 2.61 |  | Southern California Gas Co. | 2.42 | to | 2.85 |  | 2.62