AMENDMENT NO. 2 TO GAS GATHERING AGREEMENT FOR THE MERCURY, PANDORA, PLUTO AND SATURN GAS GATHERING SYSTEMS
EX-10.1 3 eqm3312017ex101.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1
Portions of this Exhibit have been redacted pursuant to a request for confidential treatment under Rule 24b-2 of the General Rules and Regulations under the Securities Exchange Act. Omitted information marked “[***]” in this Exhibit has been filed with the Securities and Exchange Commission together with such request for confidential treatment.
EXECUTION VERSION
AMENDMENT NO. 2
TO
GAS GATHERING AGREEMENT FOR THE MERCURY, PANDORA,
TO
GAS GATHERING AGREEMENT FOR THE MERCURY, PANDORA,
PLUTO AND SATURN GAS GATHERING SYSTEMS
This Amendment No. 2 to the Gas Gathering Agreement for the Mercury, Pandora, Pluto and Saturn Gas Gathering Systems (this “Amendment”) is made and entered into as of March 28, 2017, with an effective date as of November 1, 206 (the “Effective Date”), by and between EQT Production Company (“Producer”) and EQT Energy, LLC (collectively with Producer, “Shipper”), on the one hand, and EQM Gathering OPCO, LLC (“Gatherer”), on the other hand. Producer, Shipper and Gatherer are each referred to herein as a “Party” and collectively as the “Parties”.
WHEREAS, the Parties made and entered into that certain Gas Gathering Agreement for the Mercury, Pandora, Pluto and Saturn Gas Gathering Systems dated March 1, 2015 (the “Agreement”), as amended by that certain Amendment No. 1 to the Gas Gathering Agreement for the Mercury, Pandora, Pluto and Saturn Gas Gathering Systems dated September 18, 2015, pursuant to which, among other provisions, Shipper requested that Gatherer provide the gathering of natural gas on behalf of Shipper by receiving quantities of natural gas and redelivering it to or for Shipper’s account; and
WHEREAS, the Parties intend to amend the Agreement, upon the terms and subject to the conditions set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the Parties hereby agree as follows:
1.Definitions. All capitalized terms used but not otherwise defined or amended herein shall have the meanings ascribed to them in the Agreement.
2.Amendments.
a. | Exhibit A-1 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit A-1 attached hereto. |
b. | Exhibit A-2 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit A-2 attached hereto. |
c. | Exhibit B-1 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit B-1 attached hereto. |
d. | Section II (Table of Incremental Capital Fees) of Exhibit B-2 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Section II (Table of Incremental Capital Fees) of Exhibit B-2 attached hereto. |
e. | Exhibit D attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit D attached hereto. |
f. | Exhibit D-2 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit D-2 attached hereto. |
g. | Exhibit D-4 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit D-4 attached hereto. |
h. | The table set forth in Section III A.1. of Exhibit F attached to the Agreement is hereby deleted in its entirety and replaced with the revised table set forth in Section III A.1. of Exhibit F attached hereto. |
3.Effect of Amendment. The Agreement, as amended hereby, shall remain in full force and effect, and all terms hereof are hereby ratified and confirmed by the Parties.
4.Further Actions. The Parties agree to execute such other documents and take such further actions necessary to effectuate this Amendment.
5.Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same agreement. It is agreed by the Parties that facsimile or electronic (.pdf) copies of the signature pages signed by the Parties shall be binding to the same extent as original signature pages.
6.Entire Agreement. This Amendment is the entire agreement between the Parties concerning the subject matter hereof and neither Party shall be bound by representations except as set forth in this Amendment.
7.Amendments. This Amendment may not be modified or amended except by a written agreement signed by the Parties.
[Remainder of page intentionally blank]
EXECUTION VERSION
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
EQT PRODUCTION COMPANY | EQM GATHERING OPCO, LLC |
By: /s/ David E. Schlosser, Jr. | By: /s/ M. Elise Hyland |
Name: David E. Schlosser, Jr. | Name: M. Elise Hyland |
Title: President | Title: President |
EQT ENERGY, LLC | |
By: /s/ Donald M. Jenkins | |
Name: Donald M. Jenkins | |
Title: President |
[SIGNATURE PAGE TO AMENDMENT NO. 2 TO GAS GATHERING AGREEMENT FOR THE MERCURY, PANDORA, PLUTO AND SATURN GAS GATHERING SYSTEMS]
EXHIBIT A-1
RECEIPT POINTS, DELIVERY POINTS AND RECEIPT POINT MDQ
RECEIPT POINTS
System | Receipt Point Meter ID | Receipt Point Meter Name | Receipt Point MDQ Mcf / Day | |
Mercury | 5100016 | Big 176 Gathering MM A Run | 68,600 | |
Mercury | 5100042 | Big 333/192 MM A Run | 117,300 | |
Mercury | 5100045 | PNG 129 Gathering MM A Run | 117,300 | |
Mercury | 5100069 | PNG 103 MM A RUN UPGRADE | 117,300 | |
Mercury | 5100070 | PNG 103 MM B RUN UPGRADE | 68,600 | |
Mercury | 5100115 | Big 7 MM | 68,600 | |
Mercury | ###-###-#### | Big 333/192 B Run | 68,600 | |
Mercury | ###-###-#### | BIG 176 Gathering MM B Run | 117,300 | |
Mercury | ###-###-#### | PNG 129 Gathering MM B Run | 117,300 | |
Mercury | ###-###-#### | BIG177 MM | 117,300 | |
Pandora | ###-###-#### | CPT 11 MM | 68,600 | |
Pandora | ###-###-#### | SMI 27 Gathering MM | 117,300 | |
Pandora | ###-###-#### | WEU4 MM | 117,300 | |
Pandora | ###-###-#### | SHR60 MM A RUN | 68,600 | |
Pandora | ###-###-#### | SHR60 MM B RUN | 68,600 | |
Pluto | 24491 | RSM16 | 68,600 | |
Pluto | 24582 | RSM110/112 Gathering Meter | 68,600 | |
Pluto | 24595 | RSM 118 Gathering MM | 68,600 | |
Pluto | 24596 | RSM 119 Gathering MM | 68,600 | |
Pluto | ###-###-#### | RSM110/112 Gathering Meter | 68,600 | |
Pluto | ###-###-#### | RSM 118 Gathering MM B Run | 117,300 | |
Saturn | 24454 | OXF 114, 115 | 19,600 | |
Saturn | 24455 | OXF 121 | 19,600 | |
Saturn | 24456 | OXF 43 and 44 MM | 45,900 | |
Saturn | 24470 | OXF 149/150/156 MM A Run | 45,900 | |
Saturn | 24471 | OXF 138 Interconnect | 45,900 | |
Saturn | 24472 | OXF 127 Interconnect | 45,900 | |
Saturn | 24481 | OX131/152/153Gathering MM | 45,900 | |
Saturn | 24492 | WEU 1&2 B Gathering Meter | 45,900 | |
Saturn | 24556 | OXF 16 MM | 19,600 | |
Saturn | 24625 | OXF 131/152/153 Gathering B Run | 45,900 | |
Saturn | 5100020 | PEN 15 Master Meter A Run | 45,900 | |
Saturn | 5100048 | PEN15 MM B RUN | 45,900 | |
Saturn | ###-###-#### | PUL96 MM A RUN | 45,900 | |
Saturn | ###-###-#### | PUL96 MM B RUN | 45,900 | |
Saturn | 5100059 | SMI 28 MM A Run | 78,500 |
Exhibit A-1
Page A-1
Saturn | 5100061 | SMI 28 MM B Run | 45,900 |
Saturn | ###-###-#### | WEU-8 Gathering MM | 78,500 |
Saturn | ###-###-#### | WEU 51 MM | 78,500 |
Saturn | ###-###-#### | WEU 6 Gathering MM A Run | 45,900 |
Saturn | ###-###-#### | OXF 149/150/156MM B Run | 45,900 |
Saturn | ###-###-#### | OXF 157-159 Gathering MM A Run | 45,900 |
Saturn | ###-###-#### | OXF 157-159 Gathering MM B Run | 45,900 |
Saturn | ###-###-#### | WEU 6 MM B Run | 45,900 |
Saturn | ###-###-#### | WEU 1-2-49 MM | 45,900 |
Saturn | ###-###-#### | OXF163 MM Gather | 78,500 |
Saturn | ###-###-#### | OXF122 MM Gather | 78,500 |
Saturn | ###-###-#### | PEN 54 - MM1 | 78,500 |
Saturn | ###-###-#### | PEN 54 – MM2 | 78,500 |
DELIVERY POINTS
System | Delivery Point Meter ID | Delivery Point Meter Name | |
Mercury | 5100025 | MarkWest Mobley 2 (High pressure) | |
Mercury | ###-###-#### | Mercury to MarkWest B Run (High pressure) | |
Mercury | ###-###-#### | Mercury to MW - 16" run 1 (Low pressure) | |
Mercury | ###-###-#### | Mercury to MW - 16" run 2 (Low pressure) | |
Mercury | 5100017 | Mercury to 302 (Mobley bypass) | |
Mercury | ###-###-#### | Mercury to H-515 (Mobley bypass) | |
Pluto | 24490 | Pluto to GSF-604 | |
Saturn | 24452 | Pierce North to Equitrans Gathering | |
Saturn | 24453 | Leeson South to Equitrans Gathering | |
Saturn | 24484 | Saturn Discharge to WG100 | |
Saturn | ###-###-#### | Saturn Units 6 & 7 Discharge to WG100 | |
Saturn | ###-###-#### | Janus Discharge 8” USM | |
Pandora | ###-###-#### | Pandora Discharge 8" USM |
DRIP LIQUIDS DELIVERY POINT
System | Delivery Point Meter ID | Delivery Point Meter Name | |
Mercury | 5100093 | MarkWest Mobley (Logansport, West Virginia) | |
Saturn | ###-###-#### | NGLs from Saturn to WG100 | |
Saturn | ###-###-#### | Saturn CS Liquids to WG100 | |
Saturn | ###-###-#### | Janus CS Liquids to WG100 | |
Pandora | ###-###-#### | Pandora Liquid Meter |
Exhibit A-1
Page A-2
EXHIBIT A-2
CONTRACT MDQ, COMPRESSION MDQ AND TARGET RECEIPT POINT PRESSURES
Gathering System | Contract MDQ | Compression MDQ | Target Receipt Point Pressure (Psig) | ||
(Mcf/d) | (Dth/d) | (Mcf/d) | (Dth/d) | ||
Mercury System | 200,000 | 236,000 | [***] | [***] | [***] |
Pandora System | 100,000 | 122,800 | [***] | [***] | [***] |
Pluto System | 40,000 | 41,080 | [***] | [***] | [***] |
Saturn System | 300,000 | 371,100 | [***] | [***] | [***] |
System | Receipt Point Meter ID | Receipt Point Meter Name | Receipt Point Contract MDQ Mcf/Day* |
Saturn | 24454 | OXF 114, 115 | 2,000 |
Saturn | 24455 | OXF 121 | 2,000 |
Saturn | 24456 | OXF 43 and 44 MM | 5,000 |
Saturn | 24470 | OXF 149/150/156 MM A Run | 12,000 |
Saturn | 24471 | OXF 138 Interconnect | 3,000 |
Saturn | 24472 | OXF 127 Interconnect | 17,000 |
Saturn | 24481 | OX131/152/153Gathering MM | 28,000 |
Saturn | 24492 | WEU 1&2 B Gathering Meter | 17,500 |
Saturn | 24556 | OXF 16 MM | 1,000 |
Saturn | 24625 | OXF 131/152/153 Gathering B Run | 28,000 |
Saturn | 5100020 | PEN 15 Master Meter A Run | 12,500 |
Saturn | 5100048 | PEN15 MM B RUN | 12,500 |
Saturn | ###-###-#### | PUL96 MM A RUN | 46,000 |
Saturn | ###-###-#### | PUL96 MM B RUN | 46,000 |
Saturn | 5100059 | SMI 28 MM A Run | 8,500 |
Saturn | 5100061 | SMI 28 MM B Run | 8,500 |
Saturn | ###-###-#### | WEU-8 Gathering MM | 13,000 |
Saturn | ###-###-#### | WEU 51 MM | 17,000 |
Saturn | ###-###-#### | WEU 6 Gathering MM A Run | 5,000 |
Saturn | ###-###-#### | OXF 149/150/156MM B Run | 12,000 |
Saturn | ###-###-#### | OXF 157-159 Gathering MM A Run | 16,000 |
Exhibit A-2
Page A-3
Saturn | ###-###-#### | OXF 157-159 Gathering MM B Run | 16,000 |
Saturn | ###-###-#### | WEU 6 MM B Run | 5,000 |
Saturn | ###-###-#### | WEU 1-2-49 MM | 17,500 |
Saturn | ###-###-#### | OXF163 MM Gather | 39,500 |
Saturn | ###-###-#### | OXF122 MM Gather | 39,500 |
Saturn | ###-###-#### | PEN 54 - MM1 | 30,000 |
Saturn | ###-###-#### | PEN 54 – MM2 | 30,000 |
*The Receipt Point Contract MDQ in this table shall be used for the purposes of calculating Actual Average Receipt Point Pressure under Section 5.4(b).
Exhibit A-2
Page A-4
EXHIBIT B-1
FEES
FEES
1. | Fee. The Fees to be paid by Shipper to Gatherer for Gathering Services shall include the following: |
[***] Four (4) pages omitted from this exhibit pursuant to confidential treatment request.
Exhibit B-1
Page B-1
EXHIBIT B-2
Section II - Table of Incremental Capital Fees
[***]
Exhibit B-2
Page B-5
EXHIBIT D
DESCRIPTION OF GATHERING SYSTEM
[***] Three (3) pages omitted from this exhibit pursuant to confidential treatment request.
Exhibit D-1
Page D-1
PRESSURE REDUCTION PROJECTS DEPICTED ON EXHIBIT D-4
PIPELINES
Pipeline Name | Commencement Date | Outside Diameter (inches) | Length (approx. miles) |
MOSAD002 | 10/19/2016 | 16 | 2.5 |
MOSAD003 | 10/19/2016 | 16 | 4.0 |
MOSAS031 | 8/31/2017 | 20 | 8.5 |
MOSAS032 | 8/14/2018 | 20 | 1.8 |
MOSAS033 | 10/3/2016 | 20 | 6.5 |
MOSAS034 | 12/4/2018 | 20 | 2.6 |
MOSAS037 | 12/17/2018 | 12 | 4.9 |
COMPRESSION
Station Name | Commencement Date | Incremental Horsepower | Total Station Horsepower |
Janus Station | 12/31/2017 | 10,000 | 20,000 |
Exhibit D-4
Page D-4
EXHIBIT F
Section III A.1. – Receipt Point Interconnect Data
System | Meter ID | Meter Name | GPS Coordinates | MAOP | Min DQ Mcf/Day | Max DQ Mcf/Day | |||
Mercury | 5100016 | Big 176 Gathering MM A Run | -80.55179 | 39.55602 | 1,440 | 1,900 | 68,600 | ||
Mercury | 5100042 | Big 333/192 MM A Run | -80.58099 | 39.52385 | 1,440 | 3,200 | 117,300 | ||
Mercury | 5100045 | PNG 129 Gathering MM A Run | -80.64344 | 39.55349 | 1,440 | 3,200 | 117,300 | ||
Mercury | 5100069 | PNG 103 MM A RUN UPGRADE | -80.62447 | 39.56334 | 1,440 | 3,200 | 117,300 | ||
Mercury | 5100070 | PNG 103 MM B RUN UPGRADE | -80.62447 | 39.56334 | 1,440 | 1,900 | 68,600 | ||
Mercury | 5100115 | Big 7 MM | -80.61385 | 39.57679 | 1,440 | 1,900 | 68,600 | ||
Mercury | ###-###-#### | Big 333/192 B Run | -80.58099 | 39.52385 | 1,440 | 1,900 | 68,600 | ||
Mercury | ###-###-#### | BIG 176 Gathering MM B Run | -80.55179 | 39.55602 | 1,440 | 3,200 | 117,300 | ||
Mercury | ###-###-#### | PNG 129 Gathering MM B Run | -80.64344 | 39.55349 | 1,440 | 3,200 | 117,300 | ||
Mercury | ###-###-#### | BIG177 MM | -80.5842 | 39.58225 | 1,440 | 1,900 | 117,300 | ||
Pandora | ###-###-#### | CPT 11 MM | -80.72431 | 39.38134 | 1,440 | 1,900 | 68,600 | ||
Pandora | ###-###-#### | SMI 27 Gathering MM | -80 ###-###-#### | 39 ###-###-#### | 1,440 | 3,200 | 117,300 | ||
Pandora | ###-###-#### | SHR60 MM A RUN | -80.8177 | 39.38813 | 1440 | 800 | 68,600 | ||
Pandora | ###-###-#### | SHR60 MM B RUN | -80.8177 | 39.38813 | 1440 | 800 | 68,600 | ||
Pandora | ###-###-#### | WEU4 MM | 39.36664 | -80.82072 | 1440 | 3,200 | 117,300 | ||
Pluto | 24491 | RSM16 | -80.14147 | 39.32203 | 1,440 | 1,900 | 68,600 | ||
Pluto | 24582 | RSM110/112 Gathering Meter | -80.16256 | 39.31757 | 1,440 | 1,900 | 68,600 | ||
Pluto | 24595 | RSM 118 Gathering MM | -80.18918 | 39.29457 | 1,440 | 1,900 | 68,600 | ||
Pluto | 24596 | RSM 119 Gathering MM | -80.15786 | 39.29579 | 1,440 | 1,900 | 68,600 | ||
Pluto | ###-###-#### | RSM110/112 Gathering Meter | -80.16256 | 39.31757 | 1,440 | 1,900 | 68,600 | ||
Pluto | ###-###-#### | RSM 118 Gathering MM B Run | -80.1892 | 39.29487 | 1440 | 1,450 | 117,300 | ||
Saturn | 24454 | OXF 114, 115 | -80.80857 | 39.14277 | 720 | 600 | 19,600 | ||
Saturn | 24455 | OXF 121 | -80.8068 | 39.1359 | 720 | 600 | 19,600 | ||
Saturn | 24456 | OXF 43 and 44 MM | -80.81166 | 39.14533 | 720 | 1,200 | 45,900 | ||
Saturn | 24470 | OXF 149/150/156 MM A Run | -80.78491 | 39.21018 | 720 | 1,200 | 45,900 | ||
Saturn | 24471 | OXF 138 Interconnect | -80.78468 | 39.20905 | 720 | 1,200 | 45,900 | ||
Saturn | 24472 | OXF 127 Interconnect | -80.80583 | 39.19561 | 720 | 1,200 | 45,900 | ||
Saturn | 24481 | OX131/152/153Gathering MM | -80.79538 | 39.18596 | 720 | 1,200 | 45,900 | ||
Saturn | 24492 | WEU 1&2 B Gathering Meter | -80.7872 | 39.2635 | 720 | 1,200 | 45,900 | ||
Saturn | 24556 | OXF 16 MM | -80.77924 | 39.18906 | 720 | 600 | 19,600 | ||
Saturn | 24625 | OXF 131/152/153 Gathering B Run | -80.7952 | 39.18556 | 720 | 1,200 | 45,900 | ||
Saturn | 5100020 | PEN 15 Master Meter A Run | -80.936507 | 39 ###-###-#### | 720 | 1,200 | 45,900 | ||
Saturn | 5100048 | PEN15 MM B RUN | -80.936507 | 39 ###-###-#### | 720 | 1,200 | 45,900 | ||
Saturn | 5100059 | SMI 28 MM A Run | -80.74666 | 39.25743 | 720 | 2,100 | 78,500 | ||
Saturn | 5100061 | SMI 28 MM B Run | -80.74666 | 39.25743 | 720 | 1,200 | 45,900 | ||
Saturn | ###-###-#### | WEU-8 Gathering MM | -80.80077 | 39.27448 | 720 | 2,100 | 78,500 | ||
Saturn | ###-###-#### | WEU 51 MM | -80.76367 | 39.25619 | 720 | 2,100 | 78,500 |
Exhibit F
Page F-1
Saturn | ###-###-#### | WEU 6 Gathering MM A Run | -80.75645 | 39.29037 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | OXF 149/150/156MM B Run | -80.78491 | 39.21018 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | OXF 157-159 Gathering MM A Run | -80.76716 | 39.21132 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | OXF 157-159 Gathering MM B Run | -80.76716 | 39.21132 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | WEU 6 MM B Run | -80.75645 | 39.29037 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | WEU 1-2-49 MM | -80.7872 | 39.2635 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | OXF163 MM Gather | -80.8069 | 39.13586 | 720 | 1,650 | 78,500 | |
Saturn | ###-###-#### | OXF122 MM Gather | -80.8069 | 39.13586 | 720 | 1,650 | 78,500 | |
Saturn | ###-###-#### | PUL96 MM A RUN | -80.98591 | 39.21114 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | PUL96 MM B RUN | -80.98591 | 39.21114 | 720 | 1,200 | 45,900 | |
Saturn | ###-###-#### | PEN 54 - MM1 | -80.92757 | 39.25374 | 720 | 2,100 | 78,500 | |
Saturn | ###-###-#### | PEN 54 – MM2 | -80.92757 | 39.25374 | 720 | 2,100 | 78,500 |
Exhibit F
Page F-2