Page images
PDF
EPUB

nance and inspection or shall certify proceeding. Any contract executed on that it has been granted a waiver of and after April 2, 1962, and filed in the requirements of the safety stand support of an applicant's gas supply ards by the Department of Transpor- showing will be given no consideration tation in accordance with the provi in determining adequacy of gas supply sions of section 3(e) of the Natural if it contains any price-changing proviGas Pipeline Safety Act of 1968. Perti. sions other than those defined as pernent details concerning the waiver missible in § 154.93 of this chapter. shall be set forth.

(vi) Pipeline companies which have (10) Exhibit HTotal gas supply filed annual reports in conformity data. A statement of total gas supply with § 260.7 of this chapter will be recommitted to, controlled by, or pos quired to file additional information sessed by applicant which is available with regard to gas supply and deliverato it for the acts and services pro- bility in support of applications for posed, together with:

certificates for authorization to in(i) The estimated remaining recover crease existing sales, facilities or caable salable gas reserves available to pacity; to construct new facilities to applicant submitted in the form and make new sales; to alter any type of containing all the data and informa gas service; and to attach new sources tion required by FPC Form No. 15, of supply except budget-type applicaAnnual Report of Gas Supply. (See tions filed under paragraph (b) of $ 260.7 of this chapter.)

§ 157.7 of this chapter. In all other ap(ii) Deliverability studies showing plications the pipeline company may the volumes of natural gas which can rely on the information set forth in and are proposed to be obtained each said annual report, by reference thereyear submitted in the form and con- to, unless otherwise ordered by the taining the data and information as Commission. When gas supply and derequired by FPC Form No. 15, Annual liverability information is required to Report of Gas Supply.

be in the application and is not per(iii) The names and addresses of per- mitted to be incorporated by refersons with whom applicant has gas-pur- ence, such information need pertain chase contracts and the estimated vol. only to the supply and deliverability umes of gas reserves applicant has for that phase of the company operavailable under each contract, segre- ations which would be affected by the gated by gas fields and reservoirs facility or sale for which authorization thereof with names and locations of is sought. In those instances, the pipefields (State, county or parish).

line company may file only those por(iv) The maps required by FPC tions of the annual report for which Form No. 15, Annual Report of Gas changes have been made or which are Supply.

supplemental to the annual report (v) A conformed copy of each gas then currently on file with the Compurchase contract upon which appli mission. Total system supply and delicant proposes to rely. Only three of verability information shall be includthe total number of copies of Exhibited in all applications for authorization H filed need include a copy of such to serve major new markets or to serve contract. Contracts already on file

major existing markets from new with the Commission may be incorpo sources of gas supply over new routes. rated by reference without supplying The receipt, maintenance, and considadditional copies, provided such con eration of any information received by tracts are identified with particularity the Commission staff for review under by stating the exact pages of the con this section is subject to the requiretracts to be incorporated by reference ments of paragraph (f) of $ 1.36 and and the file or docket number designa- $ 2.72 of this chapter and the laws of tion to which reference is made. The the United States. Commission or the presiding officer (vii) A study of each proposed gas may direct that additional copies of storage field showing: Location; geolosuch contracts be furnished to the gy; original and present reserves for Commission or to other parties to the each reservoir; original and present

[ocr errors][ocr errors][ocr errors]

market to receive new or additional whom they will be sold or issued toservice.

gether with letters of intent, if any, (12) Exhibit J-Conversion to natu and if not known, the class or classes ral gas. If it is assumed that proposed of such persons. customers in new areas or firm and in (iii) A statement showing for each terruptible direct industrial customers proposed issue, by total amount and whose estimated consumption totals by unit, the estimated sale price and 10,000 Mcf or more in any calendar estimated net proceeds to the applimonth or 100,000 Mcf or more in any cant. calendar year will convert from other (iv) An itemized statement of estifuels to natural gas, state the basis for mated expenses, fees, and commissions such assumption and include a study to be paid by applicant in connection showing estimated cost of converting with each proposed issue. customers' facilities to natural gas. (v) A statement showing whether The study should indicate the number the consent of any holder of any secuof customers of each of the other fuels rity is necessary to permit the issuance who applicant anticipates will convert of the additional securities proposed, to natural gas and the current cost of and whether, as to the proposed issue fuel to be displaced compared to the of securities, a like restriction is to be cost of natural gas on an equivalent made applicable to any securities Btu basis.

issued thereafter. (13) Exhibit K-Cost of facilities. A (vi) Statement of anticipated cash detailed estimate of total capital cost flow, including provision during the of the proposed facilities for which ap- period of construction and the first 3 plicatiun is made, showing cost of con- full years of operation of proposed fastruction by operating units such as cilities for interest requirements, divicompressor stations, main pipelines, dends, and capital retirements. laterals, measuring and regulating sta (vii) Statement showing, over the tions, and separately stating the cost life of each issue, the annual amount of right-of-way, damages, surveys, ma of securities which applicant expects terials, labor, engineering and inspec- to retire through operation of a sinktion, administrative overhead, fees for ing fund or other extinguishment of legal and other services, allowance for the obligation. funds used during construction, and (viii) A balance sheet and income contingencies. Include a brief state

statement (12 months) of most recent

statement (12 months) of ment indicating the source of informa- date available. tion used as the basis for the above es (ix) Comparative pro forma balance timate. If not otherwise set forth, sheets and income statements for the submit data on preliminary bids, if

period of construction and each of the any, for the proposed facilities and

first 3 full years of operation, giving recent experienced cost data for facili.

effect to the proposed construction ties of similar character.

and proposed financing of the project. (14) Exhibit L-Financing. Plans for (x) Conformed copies of all agreefinancing the proposed facilities for

ments, contracts, mortgages, deeds of which the application is filed, together trust, indentures, agreements to adwith:

vance materials or supplies or render (i) A detailed description of appli services in return for applicant's secucant's outstanding and proposed secu- rities, underwriting agreements, and rities and liabilities, showing amount any other agreements or documents of (face value and number), interest or a similar nature. dividend rate, dates of issue and matu (xi) Conformed copies of all reports, rity, voting privileges, and principal letters, or other documents, submitted terms and conditions applicable to by applicant to underwriters, insureach.

ance companies, or others regarding fi(ii) The manner in which applicant nancing, including business studies, proposes to dispose of securities by forecasts of earnings, and other simiprivate sale, competitive bidding or lar financial or accounting reports, otherwise; the persons, if known, to statements, or documents.

pressure of each reservoir; proposed Peak-day and annual degree-day defitop and base storage pressures; pro- ciencies, annual load factors of appliposed top and base gas volumes to be cant's system and of its deliveries to stored; a deliverability study, including its proposed customers; individual condaily and annual injection and with sumer peak-day and annual consumpdrawal rates and pressures; and maxi. tion factors for each class of consummum daily deliverability and maxi ers, with supporting historical data; mum storage capacity under the pro forecasted saturation of space-heating posed plan of development.

as related to past experience; and full (11) Exhibit K-Market data. A detail as to all other sources of gas system-wide estimate of the volumes supply available to applicant and to of gas to be delivered during each of each of its customers, including manuthe first 3 full years of operation of facturing facilities and liquid petrothe proposed service, sale, or facilities leum gas. and during the years when the pro

(v) Conformed copy of each conposed facilities are under construction,

tract, letter of intent or other agreeand actual data of like import for each

ment for sale or transportation of natof the 3 years next preceding the

ural gas proposed by the application. filing of the application, together

Indicate the rate to be charged. If no with:

agreements have been made, indicate (i) Names and locations of customer

the basis for assuming that contracts companies and municipalities, showing

will be consummated and that service the number of residential, commercial,

will be rendered under the terms confirm industrial, interruptible industri

templated in the application. al, residential space-heating, commer

(vi) A full description of all facilities, cial space-heating, and other types of

other than those covered by the applicustomers for each distribution system to be served at retail or wholesale; and

cation, necessary to provide service in the names and locations of each firm

the communities to be served, the estiand interruptible direct industrial cus

mated cost of such facilities, by whom tomer whose estimated consumption

they are to be constructed, and evitotals 10,000 Mcf or more in any calen

dence of economic feasibility. dar month or 100,000 Mcf or more per

(vii) A copy of each market survey vear together with an explanation of made within the past three years for the end use to which each of these in

such markets as are to receive new or dustrial customers will put the gas.

increased service from the project ap(ii) Applicant's total annual and plied for. peak day gas requirements by classifi

(viii) A statement showing the francation of service in subdivision (i) of chise rights of applicant or other this subparagraph, divided as follows: person to distribute gas in each comGas requirements (a) for each distri. munity in which service is proposed. bution area where gas is sold by appli (ix) When an application requires a cant at retail; (b) for each wholesale statement of total peak-day or annual customer; (c) for all main line direct market requirements of affiliates, industrial customers; and (d) company whose operations are integrated with use and unaccounted-for gas, for both those of applicant, to demonstrate apthe applicant and each wholesale cus- plicant's ability to provide the service tomer.

proposed or to establish a gas supply, (iii) Total past and expected curtail estimates and data required by this ments of service by the applicant and subparagraph shall also be stated in each wholesale customer proposing to like detail for such affiliates. receive new or additional supplies of (x) When the proposed project is for gas from the project, all to be listed by service which would not decrease the the classifications of service in subdivi- life index of the total system gas sion (i) of this subparagraph.

supply by more than one year, the (iv) Explanation and derivation of data required in subdivisions (i) to (ix), basic factors used in estimating future inclusive, of this subparagraph need requirements, including, for example: be submitted only as to the particular

market to receive new or additional whom they will be sold or issued toservice.

gether with letters of intent, if any, (12) Exhibit J-Conversion to natu and if not known, the class or classes ral gas. If it is assumed that proposed of such persons. customers in new areas or firm and in- (iii) A statement showing for each terruptible direct industrial customers proposed issue, by total amount and whose estimated consumption totals by unit, the estimated sale price and 10,000 Mcf or more in any calendar estimated net proceeds to the applimonth or 100,000 Mcf or more in any cant. calendar year will convert from other (iv) An itemized statement of estifuels to natural gas, state the basis for mated expenses, fees, and commissions such assumption and include a study to be paid by applicant in connection showing estimated cost of converting with each proposed issue. customers' facilities to natural gas. (v) A statement showing whether The study should indicate the number the consent of any holder of any secuof customers of each of the other fuels rity is necessary to permit the issuance who applicant anticipates will convert

of the additional securities proposed, to natural gas and the current cost of

and whether, as to the proposed issue fuel to be displaced compared to the of securities, a like restriction is to be cost of natural gas on an equivalent made applicable to any

made applicable to any securities Btu basis.

issued thereafter. (13) Exhibit K-Cost of facilities. A (vi) Statement of anticipated cash detailed estimate of total capital cost flow, including provision during the of the proposed facilities for which ap period of construction and the first 3 plicatiun is made, showing cost of con- full years of operation of proposed fastruction by operating units such as cilities for interest requirements, divicompressor stations, main pipelines, dends, and capital retirements. laterals, measuring and regulating sta

(vii) Statement showing, over the tions, and separately stating the cost life of each issue, the annual amount of right-of-way, damages, surveys, ma of securities which applicant expects terials, labor, engineering and inspec- to retire through operation of a sinktion, administrative overhead, fees for ing fund or other extinguishment of legal and other services, allowance for the obligation. funds used during construction, and (viii) A balance sheet and income contingencies. Include a brief state- statement (12 months) of most recent ment indicating the source of informa date available.

used as the basis for the above es- (ix) Comparative pro forma balance timate. If not otherwise set forth,

sheets and income statements for the submit data on preliminary bids, if period of construction and each of the any, for the proposed facilities and

first 3 full years of operation, giving recent experienced cost data for facili- effect to the proposed construction ties of similar character.

and proposed financing of the project. (14) Exhibit L-Financing. Plans for

(x) Conformed copies of all agree. financing the proposed facilities for

ments, contracts, mortgages, deeds of which the application is filed, together

trust, indentures, agreements to adwith:

vance materials or supplies or render (i) A detailed description of appli services in return for applicant's secucant's outstanding and proposed secu- rities, underwriting agreements, and rities and liabilities, showing amount any other agreements or documents of (face value and number), interest or a similar nature. dividend rate, dates of issue and matu (xi) Conformed copies of all reports, rity, voting privileges, and principal letters, or other documents, submitted terms and conditions applicable to by applicant to underwriters, insureach.

ance companies, or others regarding fi(ii) The manner in which applicant nancing, including business studies, proposes to dispose of securities by forecasts of earnings, and other simiprivate sale, competitive bidding or lar financial or accounting reports, otherwise; the persons, if known, to statements, or documents.

« PreviousContinue »