Williams Companies, Inc. (the) · NYSE:WMB
Williams Companies, Inc. (the) — The Williams Companies — Technical Presentation (2014)
9 slides from Williams Companies, Inc. (the)'s technical presentation, 2014
Slide 1: Receiving Party & Entitlement Training
Receiving Party & Entitlement Training
Slide 2: Receiving Party Cumulative Imbalance Tolerance Limit
Receiving Party Cumulative Imbalance Tolerance Limit > Tolerance Limits – August – February • Greater of 5,000 Dth or 3% – March – July • Greater of 5,000 Dth or 5% > Penalties – $10.00/Dth on the imbalance of the greater of 5,000 Dth or 5% or 3% 2 Presentation name (edit footer in slide master page
Slide 3: Receiving Party Cumulative Imbalance Example
Receiving Party Cumulative Imbalance Example Month: August Scheduled Nominations 500,000 Dth Current Imbalance 25,000 Dth Tolerance Limit 15,000 Dth • The greater of 5,000 Dths or 3% • 500,000 x 3% = 15,000 > Notice will be given to Receiving Party by the 15th of September > If at any time during th
Slide 4: Daily Unauthorized Entitlements
Daily Unauthorized Entitlements > General System Entitlements – Overrun Entitlements • Stages – Stage I – Greater of 3% or 2,000 Dth – Stage II – Greater of 8% or 2,000 Dth – Stage III – Greater of 13% or 2,000 Dth • Penalties – The greater of $10 or 150% of the highest mid-point price – Underrun En
Slide 5: Entitlement Example
Entitlement Example > Daily Unauthorized Overrun & Underrun Penalty Calculation Average Mid-Point Prices South of El Paso Date Opal Stanfield Sumas Green WY Pool Bondad River 12/20/2013 $4.30 $4.34 $4.40 $4.60 $4.34 $4.67 2/5/2014 $24.62 $30.38 $25.59 $28.39 $21.68 $12.35 Highest Average 150% of Pri
Slide 6: Entitlement Example
Entitlement Example > Daily Unauthorized Overrun & Underrun Entitlement Volume Tolerances & Penalty Amount Scheduled Measured Entitlement Entitlement Operational Penalty/ Date Over Penalty Nominations Nominations Stage Tolerance Imbalance Dth Tolerance 12/20/201 410,000 (450,000) 8% 32,800 (40,000)
Slide 7: Customer-Specific Entitlement
Customer-Specific Customer Specific Entitlements Entitlement – Trigger • Penalties are triggered when the current cumulative Receiving Party imbalance exceeds the tolerance and the current days nominations exceed the threshold – Penalties • Overrun Penalties – $10.00/Dth • Underrun Penalties – $10.0
Slide 8: Customer-Specific Entitlement Example
Customer-Specific Entitlement Example > Customer-Specific Entitlement Declared – Area: North of Kemmerer – Stage: Overrun 8% – Notify Receiving Party • Current Cumulative Imbalance: 260,000 Dth • Tolerance Limit Based Off Last Months Nominations: 240,000 Dth – Previous Monthly Nominations 8,000,000
Slide 9: Customer-Specific Entitlement Example
Customer-Specific Entitlement Example Difference Dths Scheduled Measured Cumulative 8% Tolerance Penalty Day Subject to Nominations Nominations Percentag Imbalance Limit $10/Dth Dth Penalty e 1 200,000 220,000 20,000 10% 280,000 16,000 4,000 $40,000 2 200,000 205,000 5,000 2.5% 285,000 16,000 - - No
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