BackPrint
TSP: 
TSP Name: 
Critical Notice Description: 
Notice Effective Date: 
Notice Effective Time: 
Notice End Date: 
Notice End Time: 
Notice Identifier: 
Notice Status Description: 
Notice Type: 
Posting Date: 
Posting Time: 
Prior Notice Identifier: 
Required Response
  Indicator Description: 
Response Date: 
Response Time: 
Subject: 
007932908
Texas Eastern Transmission, LP
Not a critical notice
05/02/2022
02:28:34 PM
07/31/2022
02:28:34 PM
120262
Initiate
Other
05/02/2022
02:28:34 PM


No response required


NOTICE OF AWARD OF FIRM CAPACITY


Notice Text:

Other
Notice of Award of Firm Capacity

May 2, 2022

Texas Eastern received a request for firm service under Rate Schedule FT-1 from Zone STX to Zone WLA; the Maximum Daily Quantity ("MDQ") is 20,000 Dth. The capacity has been awarded for a primary term beginning May 3, 2022 and ending March 31, 2023.

Pursuant to Section 3.11 of the General Terms and Conditions of Texas Eastern's FERC Gas Tariff, Texas Eastern held an open season for firm service under Rate Schedule FT-1 from April 26, 2022 through May 2, 2022.

The open season stated that the capacity would be awarded to the bid generating the highest net present value. Net present value was determined based on the discounted cash flow of the revenues produced, lost or affected, based upon an annual interest rate of 3.25 percent.

Based on the NPV calculation, the winning bid was awarded to CONOCOPHILLIPS COMPANY for firm service under Rate Schedule FT-1 from Zone STX to Zone WLA; the Maximum Daily Quantity ("MDQ") is 20,000 Dth. The capacity has been awarded for a primary term beginning May 3, 2022 and ending March 31, 2023.


BackPrint