[Federal Register Volume 75, Number 54 (Monday, March 22, 2010)]
[Notices]
[Pages 13523-13524]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-6163]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. RM07-10-002]
Transparency Provisions of Section 23 of the Natural Gas Act;
Notice of the Agenda for Form No. 552 Technical Conference
March 15, 2010.
In a ``Notice of Technical Conference'' issued on February 22, 2010
in the above-referenced proceeding, the Commission stated that this
conference, to be held on March 25, 2010, will address select issues
identified by staff. Those issues include: (1) Inconsistencies in
reporting upstream transactions in the natural gas supply chain on Form
No. 552, and whether these transactions contribute to wholesale price
formation; (2) whether transactions involving balancing, cash-out,
operational, and in-kind transactions should be reported on Form No.
552; and (3) whether the units of measurement (TBtu) currently used for
reporting volumes in the form are appropriate. The Agenda for this
Technical Conference is attached to this notice.
Specific questions to each panel are on the attached Agenda. Each
panelist will be given the opportunity to provide a brief introductory
statement on these questions.
Kimberly D. Bose,
Secretary.
March 25, 2010: Commission Meeting Room
9 a.m.-9:10 a.m.--Opening Remarks.
9:10 a.m.-10:45 a.m.--Upstream transactions in the natural gas supply
chain.
1. How has your company addressed the reporting of unprocessed gas
on Form No. 552?
2. Are there unreported volumes of unprocessed physical natural gas
(between the wellhead and any processing plant) that use, contribute
to, or might they contribute to the formation of daily or monthly gas
price indices? Are the volumes associated with these transactions
material?
3. What effect, if any, will the development of nontraditional gas
sources have on the reporting on unprocessed gas?
4. Is the current reporting measurement (TBtus) an appropriate
measurement? Would reporting volumes in decatherms be more appropriate?
Panelists
John Poe, Manager, Regulatory Affairs, ExxonMobil Gas &
Power Marketing Company (Natural Gas Supply Association).
William E. Shanahan, Marketing Manager, Chaparral LLC,
(Natural Gas & Energy Association of Oklahoma).
Mary Nelson, Manager, Regulatory Affairs, Devon Energy
Corp. (Natural Gas Supply Association).
Katie Rice, Director, Regulatory Affairs, DCP Midstream
LLC.
Representative, Independent Producers Association of
America.
10:45 a.m.-11 a.m.--Break
11 a.m. -12:15 p.m. Cashouts, Imbalances and Operational Volumes
1. How has your company addressed the reporting of cashouts,
imbalance makeup and operational volumes on the Form No. 552 in
relation to the total volumes of physical natural gas reported?
2. Are the volumes associated with these transactions material?
Please quantify.
3. Is the current reporting measurement (TBtus) an appropriate
measurement? Would reporting volumes in decatherms be more appropriate?
Panelists
Scott Brewer, Director, North American Energy, Terra
Industries, Inc. (Process Gas Consumers).
Katie Rice, Director, Regulatory Affairs, DCP Midstream
LLC.
[[Page 13524]]
Matt Kerec, Assistant Commodity Manager, Alcoa, Inc.
(Process Gas Consumers).
Michael E. Novak, Assistant General Manager, Federal
Regulatory Affairs, National Fuel Gas Distribution Corp. (on behalf of
the American Gas Association).
John Poe, Manager, Regulatory Affairs, ExxonMobil Gas &
Power Marketing Company (Natural Gas Supply Association).
Dena Wiggins, Partner, Ballard Spahr LLP (Process Gas
Consumers Group).
12:15 p.m.-1:15 p.m.--Lunch
1:15 p.m.-1:45 p.m.--Question and Answer Period
1:45 p.m.-2 p.m.--Closing Remarks
[FR Doc. 2010-6163 Filed 3-19-10; 8:45 am]
BILLING CODE 6717-01-P