Kinder Morgan, Inc. · NYSE:KMI
Kinder Morgan — Rockies Express Pipeline — Corporate Update (June 2007)
27 slides from Kinder Morgan's corporate update, Jun 1, 2007
Slide 1: Shipper Meeting
LLC Shipper Meeting June 1, 2007 LLC 1
Slide 2: Legal Cautionary Statement
Legal Cautionary Statement Please keep in mind that sharing your company’s forecasts, predictions, pricing plans, production plans or purchasing plans with competitors is illegal. Please do not discuss current or future prices, price trends, production, demand or other sensitive information with per
Slide 3: Today's Agenda
Today’s Agenda • Project Status Update 9 Overview 9 REX- West 9 Overthrust 9 REX-East • Regulatory Update • Interconnects • Nominations, Scheduling and Pooling- Under Development • Next Development Steps LLC 3
Slide 4: Overview
Overview REX IN-SERVICE 02/2007 No Fuel (1) Opal Kanda Wamsutter Cheyenne Lebanon Meeker Greasewood Clarington Blanco Rockies Express Pipeline-In-service REX Compressor Station Natural Gas Pipeline Company of America Hub Kinder Morgan Interstate Gas Transmission TransColorado Gas Transmission 4 Trai
Slide 5: Overview
Overview OVER- THRUST CAPACITY LEASE REX REX WEST 1/2008 IN-SERVICE 1,500,000 Dth/d - 1/2008 0.80% Fuel (1) 1.15% Fuel (1) Opal Kanda Wamsutter Cheyenne Lebanon Meeker Greasewood Clarington Blanco Rockies Express Pipeline-In-service REX Compressor Station Natural Gas Pipeline Company of America Rock
Slide 6: Overview
Overview OVER- ROCKIES EXPRESS PIPELINE THRUST CAPACITY LEASE REX REX WEST REX EAST 1/2008 IN-SERVICE 1,500,000 Dth/d - 1/2008 1,600,000 Dth/d - 12/2008| 1,800,000 Dth/d – 7/2009 1,800,000 Dth/d - 6/2009 0.85% Fuel (1) 1.49% Fuel (1) 1.47% Fuel (1) Opal Kanda Wamsutter Cheyenne Lebanon Meeker Grease
Slide 7: REX West Construction Spreads
REX West Construction Spreads 77 LLC
Slide 8: REX-West
REX- West • 713 miles 42-inch diameter pipeline • Compressor stations 9 6 Mainline/2 Supply Lateral 9 2 Hub Services • Progress (as of May 15th) % Complete 9 Pipe Received: 390 miles 55% 9 ROW: 1,688 tracts secured 97% ¾ In Negotiations: 13 Pending 1% ¾ Condemnations: 38 In Process 2% 9 Contractors
Slide 9: REX-West (Continued)
REX- West (Continued) Mainline Compressor Stations 9 Meeker Gas Turbine 15,400 Hp (iso) 9 Wamsutter Gas Turbine 30,930 Hp (iso) 9 Cheyenne Electric Turbine 35,000 Hp (iso) 9 Julesburg Electric Turbine 35,000 Hp (iso) 9 Steele City Gas Turbine 41,000 Hp (iso) 9 Turney Electric Turbine 35,000 Hp (iso)
Slide 10: REX-West (Continued)
REX- West (Continued) Supply Laterals 9 Echo Springs (part of in REX- West certificate application) Receipt at WFS Echo Springs Plant site Pipeline 6 miles of 24-inch Compressionreciprocating 7,100 Hp (iso) Capacity 115,000 Dth/d 9 Lost Creek (to be Constructed under Blanket Authority) Rec
Slide 11: REX-West (Continued)
REX- West (Continued) Hub Service Compressor Stations (Incremental Fee & Fuel) 9 Meeker Gas Reciprocating 13,020 Hp (iso) Recourse Rate: $0.0416/Dth (100% LF) Fuel estimate: 0.42% 9 Cheyenne Electric Reciprocating 500 Hp (iso) Recourse Rate: $0.0622/Dth (100% LF) Fuel estimate: 0.21% LLC 11
Slide 12: Overthrust Facilities for Capacity Lease
Overthrust Facilities for Capacity Lease PINEDALE FIELD JONAH FIELD KANDA TO WAMSUTTER Opal Plant/Hamms Fork In Service: 12/31/07 Interconnects Volume: 750 MDth/d Capacity: 1 BCF/d Distance: 77.3 miles WAMSUTTER Roberson Creek Interconnect Kern River Pipeline Blacks Fork Granger Kanda Plant Plant Co
Slide 13: Overthrust Facility Description
Overthrust Facility Description • Kanda to Wamsutter 9 77.3 miles of 36” Pipeline .531-.750, X-70 wall pipe 1,458 psig Maximum allowable operating pressure 9 Line follows existing corridor crossing BLM and private land 9 2 new compressor stations located at Roberson Creek and Kanda. Kanda - On
Slide 14: REX-East Status
REX-East Status • 637 miles 42-inch diameter pipeline • 8 Mainline Compressor stations • Survey 9Permits 2,871 of 3,770 Tracts obtained 85% 9Civil 589 of 637 miles complete 92% 9Biological 473 of 637 miles complete 74% 9Cultural 505 of 637 miles complete 79% • ROW 9Acquisition Underway • Public Rela
Slide 15: REX-East (Continued)
REX- East (Continued) • Mainline Compressor Stations 9 Big Hole Gas Zone 1 Turbine 7,700 Hp (iso) 9 Arlington Gas Zone 1 Reciprocating 24,540 Hp (iso) 9 Bertrand Gas Zone 2 Reciprocating 36,810 Hp (iso) 9 Mexico Gas Zone 2 Turbine 41,000 Hp (iso) 9 Blue Mound Gas Zone 3 Reciprocating 36,810 Hp (iso)
Slide 16: REX-West Regulatory
REX – West Regulatory 9 FTSA/Negotiated Rate Letter Agreements- Complete 9 Notice to Proceed Compressor Stations- Received Pipeline – Pending o Contractors authorized to go to their staging areas 9 Planned Future Tariff Filings Overthrust Dew Point Change/Conforming REX @ Opal Changes from F
Slide 17: REX-East Regulatory
REX – East Regulatory • Certificate Application (CP07-208) 9 Filed April 30, 2007 Accepted and Noticed—Interventions due June 4 REX requests FERC Certificate February 1, 2008 Final Environmental Impact Statements approximately 8 months from final submission environmental reports LLC 17
Slide 18: REX-West Interconnects
REX-West Interconnects Interconnect Point Capacity In-Service Date Flow Meeker TransColorado 350,000 Operational Receipt Only Enterprise 850,000 Operational Receipt Only Wamsutter Overthrust 630,000 January 1, 2008 Receipt Only Lost Creek 150,000 January 1, 2008 Receipt Only Echo Springs WFS 115,000
Slide 19: REX-East Interconnects (11 Primary Points)
REX - East Interconnects (11 Primary Points) Interconnect Point County Proposed Capacity (1) Lebanon Columbia Warren, OH 280,000 Dominion Warren, OH 700,000 Texas Eastern Warren, OH 140,000 Vectren Warren, OH 140,000 TOTAL >>> 1,260,000 In-Path Columbia Gas of Ohio Pickaway, OH 140,000( Columbia Fai
Slide 20: REX-East Interconnects (9 Secondary Points)
REX - East Interconnects (9 Secondary Points) Interconnect Point County Proposed Capacity (1) NGPL Moultrie, IL 560,000 Illinois Power Moultrie, IL 140,000 Trunkline Douglas, IL 140,000 PEPL Douglas, IL 140,000 MGT Edgar, IL 140,000 Citizens Gas Morgan, IN 140,000 Indiana Gas Johnson, IN 140,000 ANR
Slide 21: REX Capacity Lease on Overthrust
REX CAPACITY LEASE ON OVERTHRUST • All receipt points for REX transport are physically a single interconnect with upstream operators. • Upstream operators will have two delivery points to nominate – one for REX and one for Overthrust. • Shippers nominate from the appropriate receipt point as if they
Slide 22: Supply Aggregation/Pooling
Supply Aggregation/Pooling (Under Development) • Conceptual Service 9 Zone 1 Pools Opal Meeker Wamsutter Cheyenne 9 Pools located downstream of Hub Compression (e.g., Meeker & Cheyenne) • Attributes 9 No fee to nominate to the pool Excludes incremental Meeker or Cheyenne Hub fees 9 Trackin
Slide 23: Next Development Steps: Expansion
Next Development Steps Expansion • Expansion 9 Zone 1 Address Regional Capacity to Opal, Wamsutter, Blanco and Cheyenne Overthrust Meeker to Cheyenne 9 Zones 2 & 3 9 Zone 3 Only Segmentation Capacity Lease LLC 23
Slide 24: Next Development Steps: Extension
Next Development Steps Extension • Extension 9 Volumetric Momentum 9 Benefit of High Pressure 9 Producer Push or Market Pull? 9 Single Point or Partnership? Access Existing Storage Access City Gates LLC 24
Slide 25: Expansion Alternatives
Expansion Alternatives To Leidy, PA To Princeton/TGT via Oakford Oakford Princeton To Eagle, PA via Oakford To Eagle, PA (Dominion) LLC LLC 25
Slide 26: Questions??
QUESTIONS?? GS ENHOCSS TIPCHHE Wc
Slide 27: Shipper Meeting
LLC Shipper Meeting June 1, 2007 LLC 27
Rockies Express Pipeline — Corporate Update (June 2007) on 6ix