AMENDMENT NO. 3 TO GAS GATHERING AGREEMENT FOR THE MERCURY, PANDORA, PLUTO AND SATURN GAS GATHERING SYSTEMS
Exhibit 10.3
Portions of this Exhibit have been redacted because they are both (i) not material and (ii) would be competitively harmful if publicly disclosed. Information that was omitted has been noted in this document with a placeholder identified by the xxxx “[***]”.
AMENDMENT NO. 3
FOR THE MERCURY, PANDORA, PLUTO AND SATURN
GAS GATHERING SYSTEMS
THIS AMENDMENT NO. 3 TO GAS GATHERING AGREEMENT FOR MERCURY, PANDORA, PLUTOR AND SATURN GAS GATHERING SYSTEMS (this “Amendment”), dated this June 1, 2019 (“Effective Date”), is made and entered into by and among EQT PRODUCTION COMPANY (“Producer”) and EQT ENERGY, LLC (collectively with Producer, “Shipper”), on the one hand, and EQM GATHERING OPCO, LLC (“Gatherer”). Shipper and Gatherer may be referred to herein individually as a “Party” or collectively as the “Parties”.
RECITALS
WHEREAS, Shipper and EQT Gathering, LLC, Gatherer’s predecessor in interest, entered into that certain Gas Gathering Agreement for the Mercury, Pandora, Pluto and Saturn Gas Gathering Systems dated March 1, 2015, as the same was amended, supplemented, and/or modified by (i) that certain Amendment No. 1 to the Gas Gathering Agreement for the Mercury, Pandora, Pluto and Saturn Gas Gathering Systems dated September 18, 2015, by and between the Parties, (ii) that certain Amendment No. 2 to the Gas Gathering Agreement for the Mercury, Pandora, Pluto and Saturn Gas Gathering Systems dated March 2, 2017, by and between the Parties, (iii) that certain side letter agreement dated May 1, 2017, by and between the Parties, (iv) that certain side letter agreement dated December 18, 2017, effective as of January 1, 2018 by and between the Parties, and (v) that certain side letter agreement dated February 1, 2019, by and between the Parties (as amended, supplemented, and/or modified, the “Gathering Agreement”); and
WHEREAS, the Parties desire to amend the Gathering Agreement in accordance with the terms and conditions set forth in this Amendment.
NOW, THEREFORE, in consideration of the mutual covenants set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
AGREEMENT
1.Defined Terms. Capitalized terms used but not defined herein shall have the meaning set forth in the Gathering Agreement.
2.Amendment of Exhibit A-1. Exhibit A-1 to the Gathering Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit A-1 attached hereto.
3.Amendment of Exhibit C. Exhibit C to the Gathering Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit C attached hereto
4.Amendment of Exhibit D-1. Exhibit D-1 to the Gathering Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit D-1 attached hereto.
5.Amendment of Section III.A.1. of Exhibit F. 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.
6.Effect. All other terms and conditions of the Gathering Agreement that are not expressly amended or modified in this Amendment remain unchanged and in full force and effect. By executing this Amendment, each Party hereby ratifies the terms of the Gathering Agreement, as modified by this Amendment. The Parties hereby acknowledge and agree that the Gathering Agreement continues in full force and effect, as modified by this Amendment.
7.Governing Law. This Amendment shall be governed by, construed and enforced in accordance with the laws of the Commonwealth of Pennsylvania without regard to choice of law principles.
8.Counterparts. This Amendment may be executed in counterparts, including by electronic signature, each of which will be as valid as another and all which together will constitute one and the same instrument. Executed copies of this Amendment will be as valid for all purposes as original versions.
[Signature Page Follows]
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IN WITNESS WHEREOF, each Party has caused its duly authorized representative to execute this Amendment as of the Effective Date.
EQT PRODUCTION COMPANY |
By: /s/ Xxxx X. Xxxxx |
Name: Xxxx X. Xxxxx |
Title: COO |
EQT Energy, LLC |
By: /s/ Xxxxxx X. Xxxxxxx |
Name: Xxxxxx X. Xxxxxxx |
Title: EVP Commerical, BD, IT, & Safey |
EQM GATHERING OPCO, LLC |
By: /s/ Xxxx Xxxxx |
Name: Xxxx Xxxxx |
Title: VP |
[Signature Page to Amendment No. 3 to Gas Gathering Agreement]
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EXHIBIT A-1
RECEIPT POINTS, DELIVERY POINTS AND RECEIPT POINT MDQ
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 000 XX X XXX XXXXXXX | 68,600 | |
Mercury | 5100115 | Big 7 MM | 68,600 | |
Mercury | M5208892 | Big 333/192 B Run | 68,600* | |
Mercury | M5223136 | BIG 176 Gathering MM B Run | 117,300 | |
Mercury | M5223466 | PNG 129 Gathering MM B Run | 117,300 | |
Mercury | M5254143 | BIG177 MM | 117,300 | |
Pandora | M5214491 | CPT 11 MM | 68,600 | |
Pandora | M5214966 | SMI 27 Gathering MM | 117,300 | |
Pandora | M5260005 | WEU4 MM | 117,300 | |
Pandora | M5248857 | SHR60 MM A RUN | 68,600 | |
Pandora | M5248860 | 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 | M5219740 | RSM110/112 Gathering Meter | 68,600 | |
Pluto | M5234431 | 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 | M5260002 | PUL96 MM A RUN | 45,900 |
System | Receipt Point Meter ID | Receipt Point Meter Name | Receipt Point MDQ Mcf / Day |
Saturn | M5260004 | PUL96 MM B RUN | 45,900 |
Saturn | 5100059 | SMI 28 MM A Run | 78,500 |
Saturn | 5100061 | SMI 28 MM B Run | 45,900 |
Saturn | M5212896 | WEU-8 Gathering MM | 78,500 |
Saturn | M5214202 | WEU 51 MM | 78,500 |
Saturn | M5214970 | WEU 6 Gathering MM A Run | 45,900 |
Saturn | M5222001 | OXF 149/150/156MM B Run | 45,900 |
Saturn | M5223803 | OXF 157-159 Gathering MM A Run | 45,900 |
Saturn | M5223804 | OXF 157-159 Gathering MM B Run | 45,900 |
Saturn | M5225932 | WEU 6 MM B Run | 45,900 |
Saturn | M5228452 | WEU 1-2-49 MM | 45,900 |
Saturn | M5243558 | OXF163 MM Gather | 78,500 |
Saturn | M5243552 | OXF122 MM Gather | 78,500 |
Saturn | M5274207 | PEN 54 - MM1 | 78,500 |
Saturn | M5274212 | PEN 54 – MM2 | 78,500 |
*BIG333/192 Receipt Point Meters shall be assessed only the Fees set forth in the Gathering Agreement (and shall not bear any fees under any other agreement between the Parties) and shall deliver into WG-100
DELIVERY POINTS
System | Delivery Point Meter ID | Delivery Point Meter Name | |
Mercury | 5100025 | MarkWest Xxxxxx 2 (High pressure) | |
Mercury | M5202956 | Mercury to MarkWest B Run (High pressure) | |
Mercury | M5209276 | Mercury to MW - 16" run 1 (Low pressure) | |
Mercury | M5209277 | Mercury to MW - 16" run 2 (Low pressure) | |
Mercury | 5100017 | Mercury to 000 (Xxxxxx xxxxxx) | |
Mercury | M5224080 | Mercury to H-515 (Xxxxxx bypass) | |
Mercury | 5100042/ M5208892 | Mercury Big 333/192 MM A Run to WG-100* | |
Pluto | 24490 | Pluto to GSF-604 | |
Saturn | 24452 | Xxxxxx North to Equitrans Gathering | |
Saturn | 24453 | Xxxxxx South to Equitrans Gathering | |
Saturn | 24484 | Saturn Discharge to WG100 | |
Saturn | M5229563 | Saturn Units 6 & 7 Discharge to WG100 | |
Saturn | M5270331 | Janus Discharge 8” USM | |
Pandora | M5236043 | Pandora Discharge 8" USM | |
*BIG333/192 Receipt Point Meters shall also serve as Delivery Point Meters into WG-100
DRIP LIQUIDS DELIVERY POINT
System | Delivery Point Meter ID | Delivery Point Meter Name | ||
Mercury | 5100093 | MarkWest Xxxxxx (Logansport, West Virginia) | ||
Saturn | M5206528 | NGLs from Saturn to WG100 | ||
Saturn | M5229478 | Saturn CS Liquids to WG100 | ||
Saturn | M5270332 | Xxxxx XX Liquids to WG100 | ||
Pandora | M5236148 | Pandora Liquid Meter |
EXHIBIT C
PARTIES’ ADDRESSES FOR NOTICE PURPOSES
PARTIES’ ADDRESSES FOR NOTICE PURPOSES
Shipper:
NOTICES & CORRESPONDENCE | PAYMENTS BY ELECTRONIC FUNDS TRANSFER |
EQT Energy, XXX 000 Xxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx, Xx 00000-0000 Attn: [***] Phone: [***] Fax: [***] Email address: [***] | Per invoice instructions Bank Name: [***] ABA/Routing Number: [***] Account Number: [***] Account Name: [***] |
EQT Production Company 625 Xxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx, Xx 00000-0000 Attn: [***] Phone: [***] Fax: [***] Email address: [***] | INVOICES |
EQT Energy, LLC 000 Xxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx, Xx 00000-0000 Attn: [***] Phone: [***] Fax: [***] Email address: [***] |
Gatherer:
NOTICES & CORRESPONDENCE | PAYMENTS BY ELECTRONIC FUNDS TRANSFER |
EQT Gathering, XXX 0000 Xxxxxx Xx Xxxxxxxxxx, XX 00000 Attn: [***] Phone: [***] Fax: [***] Email: [***] | Per invoice instructions Bank Name: [***] ABA/Routing Number: [***] Account Number: [***] Account Name: [***] |
INVOICES | |
Midstream Accounting EQT Gathering, LLC 0000 Xxxxxx Xx Xxxxxxxxxx, XX 00000 Attn: [***] Phone: [***] Fax: [***] Email: [***] |
EXHIBIT D-1
MERCURY SYSTEM
MERCURY SYSTEM
[***]
EXHIBIT F
SECTION III.A.1 – RECEIPT POINT INTERCONNECT DATA
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 000 Xxxxxxxxx XX X Xxx | -00.00000 | 39.55602 | 1,440 | 1,900 | 68,600 | |
Mercury | 5100042 | Big 000/000 XX X Xxx | -00.00000 | 39.52385 | 1,440 | 3,200 | 117,300 | |
Mercury | 5100045 | PNG 000 Xxxxxxxxx XX X Xxx | -00.00000 | 39.55349 | 1,440 | 3,200 | 117,300 | |
Mercury | 5100069 | PNG 000 XX X XXX XXXXXXX | -00.00000 | 39.56334 | 1,440 | 3,200 | 117,300 | |
Mercury | 5100070 | PNG 000 XX X XXX XXXXXXX | -00.00000 | 39.56334 | 1,440 | 1,900 | 68,600 | |
Mercury | 5100115 | Big 7 MM | -80.61385 | 39.57679 | 1,440 | 1,900 | 68,600 | |
Mercury | M5208892 | Big 000/000 X Xxx | -00.00000 | 39.52385 | 1,440 | 1,900 | 68,600 | |
Mercury | M5223136 | BIG 000 Xxxxxxxxx XX X Xxx | -00.00000 | 39.55602 | 1,440 | 3,200 | 117,300 | |
Mercury | M5223466 | PNG 000 Xxxxxxxxx XX X Xxx | -00.00000 | 39.55349 | 1,440 | 3,200 | 117,300 | |
Mercury | M5254143 | BIG177 MM | -80.5842 | 39.58225 | 1,440 | 1,900 | 117,300 | |
Pandora | M5214491 | CPT 11 MM | -80.72431 | 39.38134 | 1,440 | 1,900 | 68,600 | |
Pandora | M5214966 | SMI 27 Gathering MM | -80.7027132 | 39.3813596 | 1,440 | 3,200 | 117,300 | |
Pandora | M5248857 | SHR60 MM A RUN | -80.8177 | 39.38813 | 1440 | 800 | 68,600 | |
Pandora | M5248860 | SHR60 MM B RUN | -80.8177 | 39.38813 | 1440 | 800 | 68,600 | |
Pandora | M5260005 | 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 | M5219740 | RSM110/112 Gathering Meter | -80.16256 | 39.31757 | 1,440 | 1,900 | 68,600 | |
Pluto | M5234431 | RSM 000 Xxxxxxxxx XX X Xxx | -00.0000 | 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 |
System | Meter ID | Meter Name | GPS Coordinates | MAOP | Min DQ Mcf/Day | Max DQ Mcf/Day | |
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 000/000/000 Xxxxxxxxx X Xxx | -00.0000 | 39.18556 | 720 | 1,200 | 45,900 |
Saturn | 5100020 | PEN 15 Master Meter A Run | -80.936507 | 39.2502322 | 720 | 1,200 | 45,900 |
Saturn | 5100048 | PEN15 MM B RUN | -80.936507 | 39.2502322 | 720 | 1,200 | 45,900 |
Saturn | 5100059 | SMI 28 MM A Run | -80.74666 | 39.25743 | 720 | 2,100 | 78,500 |
Saturn | 5100061 | SMI 00 XX X Xxx | -00.00000 | 39.25743 | 720 | 1,200 | 45,900 |
Saturn | M5212896 | WEU-8 Gathering MM | -80.80077 | 39.27448 | 720 | 2,100 | 78,500 |
Saturn | M5214202 | WEU 51 MM | -80.76367 | 39.25619 | 720 | 2,100 | 78,500 |
Saturn | M5214970 | WEU 0 Xxxxxxxxx XX X Xxx | -00.00000 | 39.29037 | 720 | 1,200 | 45,900 |
Saturn | M5222001 | OXF 149/150/156MM B Run | -80.78491 | 39.21018 | 720 | 1,200 | 45,900 |
Saturn | M5223803 | OXF 000-000 Xxxxxxxxx XX X Xxx | -00.00000 | 39.21132 | 720 | 1,200 | 45,900 |
Saturn | M5223804 | OXF 000-000 Xxxxxxxxx XX X Xxx | -00.00000 | 39.21132 | 720 | 1,200 | 45,900 |
Saturn | M5225932 | WEU 0 XX X Xxx | -00.00000 | 39.29037 | 720 | 1,200 | 45,900 |
Saturn | M5228452 | WEU 1-2-49 MM | -80.7872 | 39.2635 | 720 | 1,200 | 45,900 |
Saturn | M5243558 | OXF163 MM Gather | -80.8069 | 39.13586 | 720 | 1,650 | 78,500 |
Saturn | M5243552 | OXF122 MM Gather | -80.8069 | 39.13586 | 720 | 1,650 | 78,500 |
Saturn | M5260002 | PUL96 MM A RUN | -80.98591 | 39.21114 | 720 | 1,200 | 45,900 |
Saturn | M5260004 | XXX00 XX X XXX | -00.00000 | 39.21114 | 720 | 1,200 | 45,900 |
Saturn | M5274207 | PEN 54 - MM1 | -80.92757 | 39.25374 | 720 | 2,100 | 78,500 |
Saturn | M5274212 | PEN 54 – MM2 | -80.92757 | 39.25374 | 720 | 2,100 | 78,500 |