Message-ID: <16593277.1075854308659.JavaMail.evans@thyme> Date: Thu, 22 Jun 2000 06:16:00 -0700 (PDT) From: thu.nguyen@enron.com To: daren.farmer@enron.com Subject: Re: Teco Gas Processing; Meter No.: 6884 Cc: joanie.ngo@enron.com, cynthia.hakemack@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: joanie.ngo@enron.com, cynthia.hakemack@enron.com X-From: Thu Nguyen X-To: Daren J Farmer X-cc: Joanie H Ngo, Cynthia Hakemack X-bcc: X-Folder: \Darren_Farmer_Jun2001\Notes Folders\Logistics X-Origin: Farmer-D X-FileName: dfarmer.nsf Daren, Please see below. I need to have the purchase from (Teco) and sale to (Teco) deals in order to allocate correctly. For May 00, we are purchasing from Teco. I am allocating this to strangers gas at moment, but it needs to go to the correct deal. Please let me know what the deal numbers when you have them. Thanks Thu Enron North America Corp. From: George Weissman 03/29/2000 08:01 AM To: Jeffrey A Austin/HOU/ECT@ECT, Michael C Bilberry/HOU/ECT@ECT, Gary Bryan/HOU/ECT@ECT, William C Falbaum/HOU/ECT@ECT, Mary Jo Johnson/HOU/ECT@ECT, Jennifer Martinez/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT, Jill T Zivley/HOU/ECT@ECT, Greg Brazaitis/HOU/ECT@ECT cc: Jennifer D Pattison/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT Subject: Teco Gas Processing; Meter No.: 6884 Each month at Seven Oaks, TECO (PG&E) makes an adjustment to the allocation to either pay HPLC for underages or charge HPLC for overtakes - ie. the difference between what our producers put in the plant and what we take from the plant after shrinkage. This adjustment arrangement doesn't seem to be papered - it's just occurred each month for the past 5 years on a relatively routine basis. Since the adjustment arrangement isn't papered, we've been having difficulty properly reflecting the deal in sitara and unify. It has been suggested that we try to paper the deal for posterity (the lease to TECO has 9 more years to run), but, in view of the forthcoming expiration of the primary term of both the Comstock and Oryx (Sun and/or Kerr-McGee) contracts, I'm reluctant to open this can of worms. I'd like your thoughts. George x3-6992 ---------------------- Forwarded by George Weissman/HOU/ECT on 03/29/2000 07:53 AM --------------------------- Enron North America Corp. From: George Weissman 05/26/99 03:07 PM To: Greg Brazaitis/HOU/ECT@ECT cc: Donald P Reinhardt/HOU/ECT@ECT, Jim Coffey/HOU/ECT@ECT, Sabrae Zajac/HOU/ECT@ECT Subject: Teco Gas Processing; Meter No.: 6884 Greg, this relates to the Seven Oaks tailgate accounting issue we have been discussing. HPLR once had an appropriate agreement in place, but that agreement has been assigned to ECT. Until the agreement can be re-assigned from ECT to HPLC, we will use spot GTCs to clear the puchase/sale accounts for the period from 10/98 to 6/99 or perhaps 7/99. George ---------------------- Forwarded by George Weissman/HOU/ECT on 05/26/99 03:03 PM --------------------------- Enron Capital & Trade Resources Corp. From: Sabrae Zajac 05/26/99 02:58 PM To: Julie Meyers/HOU/ECT@ECT cc: George Weissman/HOU/ECT@ECT, Joanie H Ngo/HOU/ECT@ECT, Gregory Allen Jackson/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT, Gary W Lamphier/HOU/ECT@ECT, Theresa R Kotrla/HOU/ECT@ECT, Amelia Alland/HOU/ECT@ECT, Mary M Smith/HOU/ECT@ECT, Cynthia Hakemack/HOU/ECT@ECT Subject: Teco Gas Processing; Meter No.: 6884 Julie, In 1996, a contract was drawn up between HPLR and Teco Gas Processing, Contract Numbers 078-86978-101/078-86978-301. In April '99, these contracts were assigned to ECT. In October of 1998, these contracts should have been assigned to HPLC, but did not get assigned. Beginning in Jan. '99, negative volumes started appearing in my purchase payment statements under Sitara #18372 (meter #6884), causing my payments to be reduced. I believe that the deal number for the sale was being attached to the purchase contract. (The purchase deal numbers which I have been using are Sitara #14086 and Sitara #11079). Both these sales and purchases (since October '98) are suppose to be for HPLC. Donald Reinhart stated that spot purchase and spot sale GTC's between Teco and HPLC can be set up from October of 1998 until the Master Contract is changed. Amelia Alland has set these up, which I believe terminate in October '99. The GTC spot contract numbers are as follows: Purchases: 012-86978-102; Global 96021450 Sales: 012-86978-301; Global 96021451 Per our conversation earlier can you make these retroactive adjustments? When complete, can you tell me what the new deal numbers will be? Thank you so much for your help and let me know if you need additional information. cc's: Let me know if something I stated is incorrect or if anyone has any additional information.