SoCalGas ENVOY. Producer Delivery Report California Production

Transcription

1 SoCalGas ENVOY Producer Delivery Report California Production

2 TABLE OF CONTENTS 1 Producer Delivery Report Operational Imbalances Methods for Managing COI Navigating Producer Delivery

3 GETTING STARTED 1 Producer Delivery Report Envoy Producer Delivery Report allows California Producers to access and track a range of information for their California Producer Operational Balancing Agreement (CPOBA) producer pools. When Cumulative Operational Imbalances (COI) become out of tolerance due to events such as over deliveries on OFO Days, true ups of the estimated data, trades, and measurement corrections, Producers will need to manage their COI. This Producer Delivery Report allows for customers to make informed decisions on how to manage their COI. 1.1 Operational Imbalances A California Producer s Operational Imbalance is defined as the actual physical quantities of gas delivered less the scheduled quantities of gas, for a given flow day. Over deliveries (i.e. actual deliveries greater than scheduled quantities) will generate a positive Operational Imbalance and under deliveries (i.e. actual deliveries less than scheduled quantities) will generate a negative Operational Imbalance. These Daily Operational Imbalances are added each day to the Cumulative Operational Imbalance from the day before. Cumulative Operational Imbalances out of tolerance can be managed by three methods Methods for Managing COI Adjusting Scheduled or Phyical Deliveries (actuals). Imbalance Trading the out-of-tolerance COI with one or more effective California Producer Operational Balancing Agreement CPOBA pools prior to the end of the payback period (Up to the maximum of its COI, including out-of-tolerance band as well as within its tolerance band. Contact Gas Scheduling to input an Imbalance Trade. Paying a cash out of its out of tolerance quantity at the end of its Payback Period.If at the end of the Payback Period any negative Operational Imbalance (under-deliveries) outside of the Tolerance Band still remains, then it will be subject to a cash-out paid by the California Producer to SoCalGas at the rate of 150% of the average of the High Daily Index SoCal Border as reported by ICE (or its legal successor) for each day of the relevant seven (7)-day imbalance period as defined herein above. If at the end of the Payback Period any positive Operational Imbalance (over-deliveries) outside of the Tolerance Band still remains, then it will be subject to a cash-out paid by SoCalGas to the California Producer at the rate of 50% of the average of the Low California/Arizona border price index for delivery into SoCalGas ( Daily Index SoCal Border ) as reported by the Intercontinental Exchange ( ICE ) (or its legal successor) for each day of the relevant seven (7)-day imbalance period (i.e., the day when the cumulative Operational Imbalance falls outside the Tolerance Band plus the immediately preceding six (6) calendar days). If, for any reason, ICE (or its legal successor) ceases to be available for a particular Payback Period, the cash-out rate will be based on another generally accepted available publication mutually agreed to in writing by SoCalGas and the California Producer. 3

4 1.2 Navigating Producer Delivery Under the Navigation Menu select California Production, then select Producer Delivery. The Producer Delivery displays the following information the day after the gas flow day. Regular Meter CPOBAs displays Estimated Delivery Data (day after flow date) until 2:00PM when the volumes become frozen. Split Meter CPOBAs displays Estimated Delivery Data (day after the flow date) until 2:00PM when volumes become frozen. o o Non OFO Day Split Meter Percentages must be input by 2:00PM on the seventh day after the flow date. OFO Day Split Meter Percentages must be input before 5:00PM the next gas day. Otherwise, the last split meter percentages will be used. 4

5 Example: Interconnect Capacity is the Maximum Daily Volume (MDV) allowable to be nominated. Tolerance Band is equal to plus or minus 10% of seven (7) days of the Interconnect Capacity (In Dth). (Also described as being equal to plus or minus 70% of Interconnect Capacity expressed in Dth). OFO Day displays when an OFO has been declared along with the type (High or Low), Stage (1 thru 5 or EFO) and Daily Imbalance Tolerance Percentage. Type Stage Daily Imbalance Tolerance Low OFO 1 Up to -25% 2 Up to -20% 3 Up to -15% 4 Up to -5% 5 Up to -5% EFO EFO Zero Missing Delivery Data will be indicated by a Y (for YES) and the Daily Delivery will display an estimated value (equal to the scheduled quantity). Any measurement revisions are accounted for through the true-up mechanism. Daily Scheduled is the final volume allocated for the applicable gas day. Daily Delivery displays the metered actual physical quantities each gas day. (If missing data volume is equal to Daily Scheduled). 5

6 Daily Operational Imbalance displays the actual physical quantities of gas delivered less the scheduled quantities of gas for a given flow day. Over deliveries will generate a positive Operational Imbalance and under Deliveries will generate a negative Operational Imbalance. Cumulative Operational Imbalance Before Adjustment displays the previous gas day s Cumulative Operational Imbalance position plus the current gas day s Daily Operational Imbalance prior to any true-up, Measurement Correction or Imbalance Adjustments. OFO Day Cash out displays volumes outside of the tolerance band for High and Low OFO days. Trade Adjustment display changes to delivery volumes resulting from Producer Imbalance Trades. Producer Imbalance Trades can only occur while preliminary data is not frozen in Envoy denoted by *Estimated Data. True Up displays when the estimated daily deliveries differentiate from the closed data for the previous month. True-up volumes are added to the COI (up to the CP s tolerance band). True Up Cash Out displays volumes outside of the tolerance band (actuals minus estimated or frozen) become subject to cash out. Measurement Corrections display volumes when there is any change to delivery quantities outside of the True Up period. Measurement Correction Cash Out displays volumes when corrections to actual deliveries for a prior period exceed tolerance band and are subject to cash out. Imbalance Adjustment displays volumes when there are any changes to the imbalance position (i.e. transferring one pool s imbalance to a new pool). Imbalance Adjustment Cash Out displays volumes when changes to the Imbalance outside of the tolerance band are subject to cash out. Payback Cash Out displays quantities on the 14th payback day that are out of the tolerance band and are subject to cash out. Cumulative Operational Imbalance After Adjustment is the Cumulative Operational Imbalance before adjustment summed with any OFO Cash Out, Trade Adjustment, True Up, Measurement Correction, Imbalance Adjustment and or Payback Cash out. Payback Day begins starting the day after the COI becomes out-of-tolerance and consists of no more than 14 consecutive calendar days with the exception of the start date of a new contract. In this instance the new CPOBA contract will have seven days to get within tolerance. For CP pools with split meters, the payback period begins upon the closing of the split meter delivery percentage allocation. 6