Message-ID: <32541686.1075844141064.JavaMail.evans@thyme>
Date: Fri, 26 Jan 2001 03:06:00 -0800 (PST)
From: kevin.hyatt@enron.com
To: bullets@enron.com
Subject: TW Bullets 1/26
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Capacity Marketing - SEMPRA renegotiated a firm contract for April-October 
2001.  TW received an additional $.07 on 14,000 MMBtu/day for moving primary 
delivery POI from PG&E Topock back east to SouthWest Gas; incremental revenue 
was $209,720.

Sempra has also negotiated a true Daily Firm contract for the month of 
February 2001.  They purchased an additional 15,000 MMBtu/d to Needles made 
available by the higher window at SoCal and higher operating pressures on 
TW.   The volume will be index-priced daily based on volume transported.  
Assuming all the volume flows, expected revenue could be in excess of 
$2,000,000.

Red Cedar - We are working with Operations and Facility Planning to 
coordinate the tie-in of the new receipt point in the La Plata Station yard.  
All parties have agreed to the tie-in sometime between April 2 - 5.  We will 
provide the required notification to Northwest Pipeline once Planning 
notifies us of the estimated downtime and resulting cut in flows.

Project ___________ - TW's westward expansion moved into high gear this week 
as better project definition was achieved and groups began assembling data 
for the FERC application.  Filing is anticipated to take place mid-February.  
Customer contacts were also made providing deal parameters to interested 
parties (response has been positive thus far).

El Paso Field Services - EPFS has requested a meeting with TW Operations for 
next week to discuss the appropriate facilities needed to meet our 
specifications.  We have worked with Field Operations and Facility Planning 
in identifying the appropriate people to attend.

NGPL  - Met with representatives this week to evaluate turning the existing 
Winkler interconnect back into a receipt point on TW's West Texas lateral.  
The Marathon Indian Basin gas plant is expanding on NGPL and shippers are 
looking to move more volume to premium western versus depressed Chicago 
markets.  NGPL believes there is 50,000 MMBtu/d trapped behind the plant due 
to capacity constraints.  Ideally, they would like to move 100,000 MMBtu/d to 
TW.  NGPL will meet with interested parties to see if there is enough 
justification to set compression and sell the space on a firm basis.  Their 
timing, contingent on FERC approval, is 12 months which coincides well with 
TW's west expansion.