Allocation Procedure. 10.1. With regard to the allocation of Plant Products, for each accounting period, the actual Plant Products will be allocated to each Gathering System Delivery Point in the ratio of the Theoretical Plant Product Content of each Gathering System Delivery Point over the sum of the Theoretical Plant Product Content for all Gathering System Delivery Points. The Component amount will be determined by analysis at the Plant Products Delivery Point. The "Theoretical Plant Product Content of each Gathering System Delivery Point" shall equal the product of the Gathering System Delivery Point's share of plant inlet MCF multiplied by the GPM (Gallons per MCF) as determined by the chromatograph analysis of a sample of the Gathering System Delivery Point. 10.2. With regard to the allocation of Field Drip, all drip recovered from time to time will be redelivered from the field separators owned by Gatherer to storage tanks owned and controlled by Producer. 10.3. With regard to the allocation of the Gathering Drip, for each accounting period, actual Gathering Drip will be allocated to each Gathering System Delivery Point in the ratio of the product of the Gathering System Delivery Point’s share of plant inlet MCF multiplied by the GPM (Gallons per MCF) of hexanes and heavier hydrocarbons as determined by the chromatograph analysis of a sample of the Gathering System Delivery Point. 10.4. With regard to the allocation of Residue Gas, for each accounting period, the actual metered residue gas at each Residue Gas Delivery Point shall be allocated to each Gathering System Delivery Point in the ratio of the calculated Theoretical Residue Remaining for the Gathering System Delivery Point over the sum of Calculated Theoretical Residue Remaining for all Gathering System Delivery Points. The "Calculated Theoretical Residue Remaining" shall equal each Gathering System Delivery Point's share of plant inlet volume MCF\MMBtu, minus each Gathering System Delivery Point Plant Product shrinkage (product shrinkage factors based on GPA 2145-03 bulletin), minus the allocated Plant Fuel.
Appears in 1 contract
Sources: Gas Gathering and Processing Agreement (Crestwood Midstream Partners LP)
Allocation Procedure. 10.1. 10.1 With regard to the allocation of Plant Products, for each accounting period, the actual Plant Products will be allocated to each Gathering System Delivery Point in based on the ratio of the “Theoretical Plant Product Content of each Gathering System Delivery Point over the sum of the Theoretical Plant Product Content for all Gathering System Delivery PointsPoint”. The Component amount attributable to the Plant Products will be determined by analysis at the Plant Products Delivery Point. The "Theoretical Plant Product Content of each Gathering System Delivery Point" shall Point will equal the product of the Gathering System Delivery Point's ’s share of plant inlet MCF multiplied by the GPM (Gallons per MCF) as determined by the chromatograph analysis of a sample of the Gathering System Delivery Point.
10.2. With regard to The actual recovered liquids of each Plant Product during the allocation of Field Drip, all drip recovered from time to time will be redelivered from the field separators owned by Gatherer to storage tanks owned and controlled by Producer.
10.3. With regard to the allocation of the Gathering Drip, for each accounting period, actual Gathering Drip will period shall be allocated to each Gathering System Delivery Point in the ratio that the theoretical content of each product in the product of Gas processed in the Plant from each Gathering System Delivery Point’s share Point bears to the total theoretical content of plant inlet MCF multiplied by each product in all the GPM (Gallons per MCF) gas processed in the Plant during the accounting period. For purposes of hexanes and heavier hydrocarbons as determined by allocation, the chromatograph analysis of a sample of terms set forth below shall have the following meanings: GSDP = Gathering System Delivery Point.Point PIDP = Plant Inlet Delivery Point by lease Products Delivery Point TCPP = Theoretical Component Plant Product GPM = Gallons Per Thousand Cubic Feet COMP = NGL Product Component (Ethane, Propane, Iso-Butane, N-Butane, Iso-Pentane and N-Pentane)
10.4a. The Plant Products allocation formula shall be as follows:
1. PIDP X COMP GPM = Lease TCPP
b. The tank condensate and liquids allocation shall be based upon GSDP Hexane+ gas analysis and the formula shall be as follows:
10.2 With regard to the allocation of Residue Gas, for each accounting period, the actual metered residue gas at each Residue Gas Delivery Point shall be allocated to each Gathering System Delivery Point in the ratio of based on the calculated Theoretical Residue Remaining for at the Gathering System Delivery Point over the sum of Calculated Theoretical Residue Remaining for all Gathering System Delivery PointsPlant Tailgate. “The "Calculated Theoretical Residue Remaining" ” shall equal each be determined as follows: Each Gathering System Delivery Point's ’s share of plant inlet volume MCF\MMBtuMCF\MMBTU, minus each Gathering System Delivery Point Plant Product shrinkage (product shrinkage factors based on GPA 2145-03 bulletin), minus the allocated Plant Fuel, minus the line loss or plus the line gain. For purposes of allocation, the terms set forth below shall have the following meanings: GSDP = Gathering System Delivery Point PIV = PLANT INLET VOLUME MUV = MAKEUP GAS VOLUME PPS = PLANT PRODUCT SHRINKAGE PPG = PLANT PRODUCT GALLONS PF = PLANT FUEL MRV = METERED RESIDUE VOLUME The Residue Gas allocation formula shall be as follows: PIV = GSDP — MUV total metered PIV PPS = PPG X the product shrinkage factor. THEO RESIDUE = (PIV - PPS) - PF. MRV is allocated based on the THEO RESIDUE.
Appears in 1 contract
Sources: Gas Gathering and Processing Agreement (Quicksilver Gas Services LP)
Allocation Procedure. 10.1. 10.1 With regard to the allocation of Plant Products, for each accounting period, the actual Plant Products will be allocated to each Gathering System Delivery Point in based on the ratio of the “Theoretical Plant Product Content of each Gathering System Delivery Point over the sum of the Theoretical Plant Product Content for all Gathering System Delivery PointsPoint”. The Component amount attributable to the Plant Products will be determined by analysis at the Plant Products Delivery Point. The "Theoretical Plant Product Content of each Gathering System Delivery Point" shall Point will equal the product of the Gathering System Delivery Point's ’s share of plant inlet MCF multiplied by the GPM (Gallons per MCF) as determined by the chromatograph analysis of a sample of the Gathering System Delivery Point.
10.2. With regard to The actual recovered liquids of each Plant Product during the allocation of Field Drip, all drip recovered from time to time will be redelivered from the field separators owned by Gatherer to storage tanks owned and controlled by Producer.
10.3. With regard to the allocation of the Gathering Drip, for each accounting period, actual Gathering Drip will period shall be allocated to each Gathering System Delivery Point in the ratio that the theoretical content of each product in the product of Gas processed in the Plant from each Gathering System Delivery Point’s share Point bears to the total theoretical content of plant inlet MCF multiplied by each product in all the GPM (Gallons per MCF) gas processed in the Plant during the accounting period. For purposes of hexanes and heavier hydrocarbons as determined by allocation, the chromatograph analysis of a sample of terms set forth below shall have the following meanings: GSDP = Gathering System Delivery Point.Point PIDP = Plant Inlet Delivery Point by lease Products Delivery Point TCPP = Theoretical Component Plant Product GPM = Gallons Per Thousand Cubic Feet COMP = NGL Product Component (Ethane, Propane, Iso-Butane, N-Butane, Iso-Pentane and N-Pentane)
10.4a. The Plant Products allocation formula shall be as follows:
1. PIDP X COMP GPM = Lease TCPP
2. Total Plant COMP Sales X Lease TCPP = Lease Sales By COMP Total Plant COMP TCPP
b. The tank condensate and liquids allocation shall be based upon GSDP Hexane+ gas analysis and the formula shall be as follows: GSDP Sales of Tank Condensate = Sum of Total Tank Condensate x GSDP TCPP Theoretical GSDP Hexane+ Content%
10.2 With regard to the allocation of Residue Gas, for each accounting period, the actual metered residue gas at each Residue Gas Delivery Point shall be allocated to each Gathering System Delivery Point in the ratio of based on the calculated Theoretical Residue Remaining for at the Gathering System Delivery Point over the sum of Calculated Theoretical Residue Remaining for all Gathering System Delivery PointsPlant Tailgate. “The "Calculated Theoretical Residue Remaining" ” shall equal each be determined as follows: Each Gathering System Delivery Point's ’s share of plant inlet volume MCF\MMBtuMCF\MMBTU, minus each Gathering System Delivery Point Plant Product shrinkage (product shrinkage factors based on GPA 2145-03 bulletin), minus the allocated Plant Fuel, minus the line loss or plus the line gain. For purposes of allocation, the terms set forth below shall have the following meanings: GSDP = Gathering System Delivery Point PIV = PLANT INLET VOLUME MUV = MAKEUP GAS VOLUME PPS = PLANT PRODUCT SHRINKAGE PPG = PLANT PRODUCT GALLONS PF = PLANT FUEL MRV = METERED RESIDUE VOLUME The Residue Gas allocation formula shall be as follows: PIV = GSDP – MUV total metered PIV PPS = PPG X the product shrinkage factor. THEO RESIDUE = (PIV – PPS) – PF. MRV is allocated based on the THEO RESIDUE.
Appears in 1 contract
Sources: Gas Gathering and Processing Agreement (Quicksilver Gas Services LP)