INFRASTRUCTURE ACCESS AGREEMENT SUMMARY
This data is provided in accordance with the disclaimer conditions noted below
Provided in relation to the voluntary Industry Infrastructure Code of Practice.
To be used in summarising construction & tie-in and transportation &
processing agreements by the owner/operator for inclusion in the publication
of key commercial terms (section 13.1).
Ref
Agreement Title and date:
Transportation, Processing and Operating Services Agreement between the Andrew
Owners and the Kinnoull Owners, dated 24 June 2011
Scope of agreement/responsibilities: (1)
The Andrew Owners to perform the following main activities:
-
acceptance at the Kinnoull Delivery Point of quantities of Kinnoull Fluids and meeting the Kinnoull
Delivery Point Specification;
-
processing and separation of Kinnoull Fluids into Kinnoull Gas, Kinnoull Pipeline Liquids and
Kinnoull Produced Water;
-
metering, sampling, compositional analysis and allocation (as appropriate) of Kinnoull Fluids,
Kinnoull Gas and Kinnoull Pipeline Liquids and metering of Kinnoull Produced Water in accordance
with the operational procedures of the Andrew System, FPS and CATS;
-
redelivery of Kinnoull Gas complying with the Kinnoull Gas Redelivery Point Specification at the
Kinnoull Gas Redelivery Point;
-
redelivery of Kinnoull Pipeline Liquids complying with the Kinnoull Pipeline Liquids Redelivery Point
Specification at the Kinnoull Pipeline Liquids Redelivery Point; and
-
processing, treatment, metering and disposal of Kinnoull Produced Water as part of a commingled
stream of Andrew System Produced Water in accordance with applicable laws and regulations.
Key Provisions (2)
Commencement Date
Entry Point
Redelivery Point (s)
Capacity / variation rights (y/n)
and timing (3)
Send or Pay / carry forward
provisions (yes/no) / Duration
Priority rights during periods
when service provision is
reduced
Final commissioning date (Andrew and Kinnoull systems ready for start-up
sequence).
The flange at the base of the Kinnoull Riser where Kinnoull Fluids pass
from the Kinnoull Pipeline into the Andrew System.
Oil: downstream flange of the spool piece which interconnects the export
valve support structure of the Andrew system and the Brae TAP-3 tee
assembly.
Gas: upstream face of the 26” flange on the Andrew-CATS pipeline.
Estimated Reservation Capacity set in the agreement with a 6 monthly
process for booking actual Capacity Reservation; Kinnoull one off right to
increase Estimated Reservation Capacity.
No Send or Pay or carry forward provisions.
In the event of reduced processing or handling capability in the Andrew,
Brae, FPS or CATS systems, the Andrew Operator always acting as an
RPO shall reduce capacity in the following order: (i) production in excess of
firm capacity which does not meet the spec, (ii) production in excess of firm
capacity, (iii), production within Andrew system firm capacity which does
not meet the spec, (iv) production within Andrew system firm capacity.
Technical Requirements
(4)
Specification for oil relates to entry specifications for Brae and FPS
systems; specification for gas relates to entry specifications in CATS
system.
Payment Structure (5)
Tariff range for service
provided (6)
Range of any separate
contribution to capex and opex
Any other payment(s) with
range and timing (7)
L&I/Risk Regime fundamentals
Oil Tariff:£2.60-3.00/bbl, escalated with PPI and marker oil price
Gas Tariff:£0.45-0.52/mscf escalated with PPI and marker gas price
Costs of Additional Services requested by Kinnoull Owners to be
reimbursed to Andrew Owners with 10% uplift.
Andrew Owners’ right to switch to cost share from 2016.
Mutual Hold Harmless
Important Additional Data (8)
Notes
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Include key provisions and services that have a material impact on risk-reward
Include any important and unusual elements that materially impact risk-reward
For each main stream e.g. oil, gas etc.
Should incl. relevant entry specs and any important and unusual technical issues
The ranges should reflect the type of service provided (Price range should be within a 15% band.)
Include summary of indexation principles with floors and ceilings
Include any fee in kind type payments relating to single component streams, or production deferral in a CTA
Include any key provisions that materially impact risk-reward not mentioned above (e.g. hydrocarbon
accounting, risk, property, title, extension of terms, assignment (incl. limitations), security provisions, metering,
termination, ownership and decommissioning in a CTA, etc.)
Disclaimer; The summary information provided above is provided by [ ] as the service provider:
i. in good faith and without any liability
ii. without warranty, implied or express as to its accuracy or relevance of use by any other party
iii. without obligation to provide any further information in respect of the agreement/transaction to which the summary
information relates, and
iv. without any obligation to provide access to infrastructure or services on the same terms and conditions.