Colorado License Agreement (For Natural Gas Pipeline)
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How to fill out License Agreement (For Natural Gas Pipeline)?
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FAQ
Pooling Point means a logical point where supply is aggregated or disaggregated; this point is not a physical point in the System, but is used solely for nomination and scheduling purposes in order to allow Shipper to aggregate gas supplies.
Although the federal government is responsible for developing, issuing and enforcing pipeline safety regulations, most inspections are conducted by state regulatory agencies, which are responsible for regulation, inspection and enforcement of pipelines within state boundaries.
Natural gas is sourced from a producing well or field, and then sent through three main natural gas pipeline types: Gathering pipelines are small-diameter pipelines that move natural gas from a wellhead, to either a mainline transmission grid, or processing plant, depending on the quality of the initial product.
The term "Maximum Daily Quantity" or "MDQ" shall mean the total maximum MMBtu which Company shall be obligated to receive or deliver on a firm basis on any given day on behalf of customer.
form agreement for gas gathering services between a midstream company as the gatherer, and an upstream exploration and production company as the shipper. This Standard Document assumes, among other things, an existing gathering system that does not require expansions.
(f) "Maximum Daily Quantity" (MDQ) means a quantity of gas, as specified in the transportation contract between the customer and the Company, that is based on the customer's historical peak-month usage (determined from the customer's 36-month base period) plus adjustments for known or expected changes.
Natural gas transmission pipelines are wide-diameter pipelines and are often the long-distance portion of natural gas pipeline systems that connect gathering systems in producing areas, natural gas processing plants, and other receipt points to the main consumer service areas.
Maximum Daily Quantity (MDQ): The maximum quantity of gas consumed by a customer in a 24-hour period. An LDC may set delivery obligations or delivery limits based on a customer's MDQ.
