Message-ID: <27477320.1075855671021.JavaMail.evans@thyme> Date: Tue, 30 May 2000 06:32:00 -0700 (PDT) From: phillip.allen@enron.com To: jeffrey.gossett@enron.com Subject: Transport p&l Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Phillip K Allen X-To: Jeffrey C Gossett X-cc: X-bcc: X-Folder: \Phillip_Allen_Dec2000\Notes Folders\All documents X-Origin: Allen-P X-FileName: pallen.nsf ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 05/30/2000 01:32 PM --------------------------- From: Colleen Sullivan 05/30/2000 09:18 AM To: Phillip K Allen/HOU/ECT@ECT cc: Subject: Transport p&l Phillip-- I've noticed one thing on your intra-month transport p&l that looks strange to me. Remember that I do not know the Northwest at all, so this may not be an issue, but I'll point it out and let you decide. Let me know if this is O.K. as is, so I'll know to ignore it in the future. Also, if you want me to get with Kim and the Sitara people to change the mapping, let me know and I'll take care of it.. On PG&E NW, it appears that PGEN Kingsgate is mapped to a Malin Citygate curve instead of a Kingsgate curve, resulting in a total transport loss of $235,019. (If the mapping were changed, it should just reallocate p&l--not change your overall p&l.) Maybe there is a reason for this mapping or maybe it affects something else somewhere that I am not seeing, but anyway, here are the Deal #'s, paths and p&l impacts of each. 139195 From Kingsgate to Malin ($182,030) 139196 From Kingsgate to PGEN/Tuscarora ($ 4,024) 139197 From Kingsgate to PGEN Malin ($ 8,271) 231321 From Kingsgate to Malin ($ 38,705) 153771 From Kingsgate to Stanfield ($ 1,988) Suggested fix: Change PGEN Kingsgate mapping from GDP-Malin Citygate to GDP-Kingsgate. Clay Basin storage--this is really a FYI more than anything else--I see five different tickets in Sitara for Clay Basin activity--one appears to be for withdrawals and the other four are injections. Clay Basin is valued as a Questar curve, which is substantially below NWPL points. What this means is that any time you are injecting gas, these tickets will show transport losses; each time you are withdrawing, you will show big gains on transport. I'm not sure of the best way to handle this since we don't really have a systematic Sitara way of handling storage deals. In an ideal world, it seems that you would map it the way you have it today, but during injection times, the transport cost would pass through as storage costs. Anyway, here's the detail on the tickets just for your info, plus I noticed three days where it appears we were both withdrawing and injecting from Clay Basin. There may be an operational reason why this occurred that I'm not aware of, and the dollar impact is very small, but I thought I'd bring it to your attention just in case there's something you want to do about it. The columns below show the volumes under each ticket and the p&L associated with each. Deal # 251327 159540 265229 106300 201756 P&L $29,503 ($15,960) ($3,199) ($2,769) ($273) Rec: Ques/Clay Basin/0184 NWPL/Opal 543 NWPL/Opal Sumas NWPL/S of Gr Rvr Del: NWPL/S of Green River/Clay Ques/Clay Basin/0852 Ques/Clay Basin/0852 Ques/Clay Basin Ques/Clay Basin 1 329 8,738 2 1,500 3 2,974 11,362 4 6,741 12,349 1,439 5 19,052 3,183 9 333 13 30,863 2,680 14 30,451 15 35,226 16 6,979 235 17 17,464 18 9,294 20 10,796 771 21 17,930 22 10,667 23 14,415 9,076 25 23,934 8,695 26 3,284 27 1,976 28 1,751 29 1,591 30 20,242