enronmail
phillip.allen@enron.comdata source
92 messagesPage 1 of 4

Archive · Apr 25, 2001, 3:57 PM

Re: Unocal WAHA Storage

FromPhillip K Allen
ToNed Higgins
CcMike Grigsby
Ned,

Regarding the Waha storage, the west desk does not have a strong need for

this storage but we are always willing to show a bid based on the current

summer/winter spreads and cycling value.  The following assumptions were made

to establish our bid:  5% daily injection capacity, 10% daily withdrawal

capacity, 1% fuel (injection only), 0.01/MMBtu variable injection and

withdrawal fees.  Also an undiscounted  June 01 to January 02 spread of $0.60

existed at the time of this bid.

Bid for a 1 year storage contract beginning June 01 based on above

assumptions:  $0.05/ MMBtu/Month ($0.60/Year).  Demand charges only.

I am not sure if this is exactly what you need or not.  Please call or email

with comments.

Phillip Allen