Subject: teco ' s indian spring plant - - - - - - - - - - - - - - - - - - - - - - forwarded by mary poorman / na / enron on 11 / 08 / 2000 04 : 20 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - clem cernosek @ ect 11 / 03 / 2000 02 : 28 pm to : sherlyn schumack / hou / ect @ ect , lauri a allen / hou / ect @ ect , jack simunek / hou / ect @ ect , karry kendall / hou / ect @ ect , mary poorman / na / enron @ enron , howard b camp / hou / ect @ ect , katherine herrera / corp / enron @ enron , megan parker / corp / enron @ enron , jennifer d pattison / hou / ect @ ect cc : rita wynne / hou / ect @ ect , pat clynes / corp / enron @ enron subject : teco ' s indian spring plant a meeting was held on november 1 , 2000 at 3 pm in eb 3270 to resolve exxon ' s residue volume issue at teco ' s indian spring plant . exxon ' s issue is that the residue volumes that hpl is recording for exxon ' s account for transportation do not equal to the wellhead volumes produced and delivered to pge . items that were identified so that exxon ' s issue could be resolved : 1 . hpl is responsible for any ua 4 loss / gain and fuel consumed on pge ' s line attributable to exxon ' s big sandy production . 2 . if exxon ' s production exceeds 500 mcf / d , hpl must on a monthly basis elect to process or not process the exxon big sandy gas . if hpl elects to process , then teco buys the products from hpl . 3 . if exxon ' s production flows between 100 mcf / d and 499 mcf / d , then teco can process and makeup the shrinkage to hpl with their own gas volumes . 4 . if exxon ' s production is less than 100 mcf / d , then hpl must terminate the processing agreement . if hpl does not terminate and volume continue to flow at less that 100 mcf / d than hpl loses the shrinkage and must pay to teco an additional $ 500 per month . solution : 1 . hpl will schedule and record the gain / loss volumes at hpl meter # 986884 that is attributable to ua 4 and fuel on the pge line . 2 . hpl will schedule and record the sale volumes of pvr to teco at hpl meter # 986884 . 3 . the scheduling of the volumes for items 1 and 2 will allow for offset volumes to be record as adjustments to exxon ' s transport volumes . 4 . the hpl logistics dept . ( mary poorman ) will inform assets group ( jack simunek ) when and if the volumes nominated for exxon fall below 100 mcf / d . if any of the above does not reflect what was discussed or agreed to , please let me know at x - 36650 . thanks , clem