Message-ID: <25052438.1075861911897.JavaMail.evans@thyme> Date: Mon, 8 Oct 2001 11:38:07 -0700 (PDT) From: kimberly.watson@enron.com To: dan.fancler@enron.com, richard.hanagriff@enron.com, lorraine.lindberg@enron.com, dennis.lee@enron.com, lynn.blair@enron.com, rick.dietz@enron.com, debbie.moseley@enron.com, darrell.schoolcraft@enron.com, tk.lohman@enron.com, michelle.lokay@enron.com, mark.mcconnell@enron.com, paul.y'barbo@enron.com, teb.lokey@enron.com, tony.pryor@enron.com Subject: RE: TW OBAs Cc: shelley.corman@enron.com, steven.harris@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: shelley.corman@enron.com, steven.harris@enron.com X-From: Watson, Kimberly X-To: Fancler, Dan , Hanagriff, Richard , Lindberg, Lorraine , Lee, Dennis , Blair, Lynn , Dietz, Rick , Moseley, Debbie , Schoolcraft, Darrell , Lohman, TK , Lokay, Michelle , McConnell, Mark , Y'Barbo, Paul , Lokey, Teb , Pryor, Tony X-cc: Corman, Shelley , Harris, Steven X-bcc: X-Folder: \LBLAIR (Non-Privileged)\Blair, Lynn\TW - Imbalances & Netting/Trading X-Origin: Blair-L X-FileName: LBLAIR (Non-Privileged).pst Let's plan on meeting today after Steve's staff meeting to discuss. The existing imbalances as of the effective date of the tariff OBA will have to be individually negotiated with the party to resolve separate and apart from any imbalance that occurs under the new OBA. TW's tariff states that if the OBA party does not execute/sign the tariff OBA, they are still subject to the tariff OBA if they physically receive or deliver gas into/out of Transwestern's system. These relationships will have to be managed carefully from all sides to resolve the old imbalances while moving forward with the tariff OBA for new imbalances. Thanks, Kim. -----Original Message----- From: Fancler, Dan Sent: Monday, October 08, 2001 11:41 AM To: Hanagriff, Richard; Lindberg, Lorraine; Lee, Dennis; Watson, Kimberly; Blair, Lynn; Dietz, Rick; Moseley, Debbie; Schoolcraft, Darrell Cc: Corman, Shelley Subject: RE: TW OBAs I agree, we need a meeting, how about after the TW staff meeting today. -----Original Message----- From: Hanagriff, Richard Sent: Monday, October 08, 2001 10:27 AM To: Lindberg, Lorraine; Lee, Dennis; Watson, Kimberly; Fancler, Dan; Blair, Lynn; Dietz, Rick; Moseley, Debbie; Schoolcraft, Darrell Cc: Corman, Shelley Subject: RE: TW OBAs A couple of items need to be discussed: If these volumetric contracts are changed to dollar valued obas as of their new effective dates, how will the accumulated volume balances as of the effective date be handled. Also, what will be our game plan if the parties refuse to acknowledge the tariff oba. -----Original Message----- From: Lindberg, Lorraine Sent: Friday, October 05, 2001 10:22 AM To: Lee, Dennis; Hanagriff, Richard; Watson, Kimberly Subject: TW OBAs Dennis - The following parties' volumetric OBAs were provided notification of termination last Friday. Each party will need a new OBA (TW tariff OBA) contract set up in the system. Please refer to the information below to properly account for imbalances and paybacks as we move these parties from volumetric to dollar valued OBAs. Party Contract # Termination Date Effective Date of new (tariff) OBA NGPL 23193 4-30-01 5-1-01 Dynegy (Warren) 23263 10-31-01 11-01-01 Dynegy (Warren) 23265 10-31-01 11-01-01 Oasis Pipeline 25105 10-31-01 11-01-01 Red Cedar 24844 10-31-01 11-01-01 Amoco Prod 24828 12-31-01 01-01-02 Lone Star 21631 10-31-01 11-01-01 Panhandle Eastern 21711 10-31-01 11-01-01 Mojave Pipeline 21667 12-01-01 12-02-01 CIG 10-31-01 11-01-01 Meridian 22055 10-31-01 11-01-01 Northwest Pipeline 21694 10-31-01 11-01-01 Williams Field Svcs. 21823 11-02-01 11-03-01 Please call me if you have any questions. Thank you. Lorraine