SUBJECT TO CONTRACT
INFRASTRUCTURE ACCESS AGREEMENT SUMMARY 1 This summary of key terms relating to the infrastructure is provided pursuant to the voluntary Industry Infrastructure Code of Practice and relates to construction and tie-in. Agreement Title and date: Agreement relating to construction and tie-in of the Katy Field via the Kelvin Facilities to the CMS Facilities (Signed 16/05/12) Scope of Agreement/Responsibilities: (Refer to Note 1) Katy Owners and CMS Owners with the cooperation of Kelvin Owners shall carry out certain work and install such facilities as necessary to enable the CMS Owners to provide for the receipt and transportation of Katy Field Gas and the redelivery of same in accordance with the Katy CMS Transportation Agreement.
Key Provisions (Refer to Note 2)
Commencement Date
16th May 2012
Entry Point Redelivery Point (s)
N/A N/A
Capacity / variation rights (Y/N) and timing (refer to Note 3) Send or Pay / carry forward provisions (Y/N) / Duration Priority rights during periods when service provision is reduced
N/A
Technical Requirements (refer to Note 4)
Any facilities or systems to be provided and/or installed by the 3rd party are compatible with CMS Facilities
Payment Structure (refer to Note 5) Tariff range for service provided (refer to Note 6)
Monthly invoice
Range of any separate contribution to capex and opex
Full reimbursement of costs incurred by the host
Any other payment(s) with range and timing (refer to Note 7)
N/A
N/A N/A
N/A
SUBJECT TO CONTRACT
L&I/Risk Regime fundamentals
Indemnity provided by Katy Owners to CMS Owners (host facility) capped at £100 million (per occurrence). Indemnity provided by Katy Owners to Kelvin Owners (pipeline owners) capped at £50 million (per occurrence).
Important Additional Data (Refer to Note 8)
CMS owners shall own all modifications made to the CMS Facilities as part of the CMS Work. Katy Owners shall own the Katy Facilities. Kelvin Owners shall own the equipment installed on the Kelvin Facilities as part of the Katy Work downstream of the Connection Point.
Do you want to address allocation?
Notes: 1. Include key provisions and services that have a material impact on risk-reward 2. Include any important and unusual elements that materially impact risk-reward 3. For each main stream e.g. oil, gas etc. 4. Should incl. relevant entry specs and any important and unusual technical issues 5. The ranges should reflect the type of service provided (Price range should be within a 15% band.) 6. Include summary of indexation principles with floors and ceilings 7. Include any fee in kind type payments relating to single component streams, or production deferral in a CTA 8. Include any key provisions that materially impact risk-reward not mentioned above (e.g. hydrocarbon accounting, risk, property, title, extension of terms, assignment (incl. limitations), security provisions, metering, termination, ownership and decommissioning in a CTA, etc.) Note: The information provided above is given by [ConocoPhillips entity] (“ConocoPhillips”) in its capacity as operator of the infrastructure. The information is given in good faith and without liability. The information indicates available capacity at the Last Update but no warranty is given in relation to the accuracy of the information. ConocoPhillips reserve the right to alter information provided in relation the infrastructure at any time and without notice. Parties using the information provided therefore do so at their own risk. The information relating to the availability of capacity in the infrastructure is provided on a "subject to contract" basis.
SUBJECT TO CONTRACT
INFRASTRUCTURE ACCESS AGREEMENT SUMMARY 1 This summary of key terms relating to the infrastructure is provided pursuant to the voluntary Industry Infrastructure Code of Practice and relates to transportation and processing. Agreement Title and date: Agreement for the transportation of Katy gas through the CMS Facilities (Signed 21/05/12)
Scope of Agreement/Responsibilities: (Refer to Note 1) CMS Operator shall provide the following main services (on behalf of the CMS Owners): -
Receipt of Katy Production; Re-delivery of Katy Production; Provision of metering and compression services.
Key Provisions (Refer to Note 2)
Commencement Date
21th May 2012
Entry Point
Entry point to CMS Facilities
Redelivery Point (s)
Entry point to the Theddlethorpe Terminal
Capacity / variation rights (Y/N) and timing (refer to Note 3)
Profile stated in contract Parties have the right to vary the FC
Send or Pay / carry forward provisions (Y/N) / Duration
Yes Minimum of six years
Priority rights during periods when service provision is reduced Technical Requirements (refer to Note 4)
Governed by Allocation Agreements which are based on all parties sharing service restrictions equally
Payment Structure (refer to Note 5) Tariff range for service provided (refer to Note 6) Range of any separate contribution to capex and opex Any other payment(s) with range and timing (refer to Note 7)
Monthly invoice
Standard CMS entry specification
Gas tariff: 38.0667 – 51.8805 Pence Sterling per 1000MJ Indexation to PPI
Proportionate share of costs imposed by legislative change
SUBJECT TO CONTRACT
L&I/Risk Regime fundamentals
Mutual hold harmless except where Katy Owners deliver off-spec production (indemnity capped at £100 million per incident)
Important Additional Data (Refer to Note 8) Do you want to address allocation?
Notes: 1. Include key provisions and services that have a material impact on risk-reward 2. Include any important and unusual elements that materially impact risk-reward 3. For each main stream e.g. oil, gas etc. 4. Should incl. relevant entry specs and any important and unusual technical issues 5. The ranges should reflect the type of service provided (Price range should be within a 15% band.) 6. Include summary of indexation principles with floors and ceilings 7. Include any fee in kind type payments relating to single component streams, or production deferral in a CTA 8. Include any key provisions that materially impact risk-reward not mentioned above (e.g. hydrocarbon accounting, risk, property, title, extension of terms, assignment (incl. limitations), security provisions, metering, termination, ownership and decommissioning in a CTA, etc.) Note: The information provided above is given by [ConocoPhillips entity] (“ConocoPhillips”) in its capacity as operator of the infrastructure. The information is given in good faith and without liability. The information indicates available capacity at the Last Update but no warranty is given in relation to the accuracy of the information. ConocoPhillips reserve the right to alter information provided in relation the infrastructure at any time and without notice. Parties using the information provided therefore do so at their own risk. The information relating to the availability of capacity in the infrastructure is provided on a "subject to contract" basis.
SUBJECT TO CONTRACT
INFRASTRUCTURE ACCESS AGREEMENT SUMMARY 1 This summary of key terms relating to the infrastructure is provided pursuant to the voluntary Industry Infrastructure Code of Practice and relates to transportation and processing. Agreement Title and date: Katy Field Agreement for the reception, treatment, processing and redelivery of natural gas through the Theddlethorpe terminal (Signed 21/05/12)
Scope of Agreement/Responsibilities: (Refer to Note 1) System Operator shall provide the following main services (on behalf of the System Owners): -
Receipt and transportation of Katy production through the System; Provision of separation, treatment, metering and processing services; Re-delivery of Katy gas and condensate production.
Key Provisions (Refer to Note 2)
Commencement Date
21th May 2012
Entry Point
Entry point to the Theddlethorpe Terminal
Redelivery Point (s)
Entry point to the NTS for gas Entry point to the Humber Oil Refinery for condensate
Capacity / variation rights (Y/N) and timing (refer to Note 3)
Profile stated in contract Parties have the right to vary the FC
Send or Pay / carry forward provisions (Y/N) / Duration
Yes Minimum of six years
Priority rights during periods when service provision is reduced
Governed by Allocation Agreements which are based on all parties sharing service restrictions equally
Technical Requirements (refer to Note 4)
Standard System entry specification
Payment Structure (refer to Note 5) Tariff range for service provided (refer to Note 6)
Monthly invoice
Range of any separate contribution to
Gas tariff: 36.1 – 38.4747 Pence Sterling per 1000MJ Indexation to PPI
SUBJECT TO CONTRACT
capex and opex Any other payment(s) with range and timing (refer to Note 7) L&I/Risk Regime fundamentals
Proportionate share of costs imposed by legislative change
Mutual hold harmless except where Katy Owners deliver off-spec production (indemnity capped at £100 million per incident)
Important Additional Data (Refer to Note 8) Do you want to address allocation?
Notes: 1. Include key provisions and services that have a material impact on risk-reward 2. Include any important and unusual elements that materially impact risk-reward 3. For each main stream e.g. oil, gas etc. 4. Should incl. relevant entry specs and any important and unusual technical issues 5. The ranges should reflect the type of service provided (Price range should be within a 15% band.) 6. Include summary of indexation principles with floors and ceilings 7. Include any fee in kind type payments relating to single component streams, or production deferral in a CTA 8. Include any key provisions that materially impact risk-reward not mentioned above (e.g. hydrocarbon accounting, risk, property, title, extension of terms, assignment (incl. limitations), security provisions, metering, termination, ownership and decommissioning in a CTA, etc.) Note: The information provided above is given by [ConocoPhillips entity] (“ConocoPhillips”) in its capacity as operator of the infrastructure. The information is given in good faith and without liability. The information indicates available capacity at the Last Update but no warranty is given in relation to the accuracy of the information. ConocoPhillips reserve the right to alter information provided in relation the infrastructure at any time and without notice. Parties using the information provided therefore do so at their own risk. The information relating to the availability of capacity in the infrastructure is provided on a "subject to contract" basis.
SUBJECT TO CONTRACT
