Examples of Tioga Gas Plant in a sentence
Such amounts expended shall be included in (x) HIP’s adjusted tax basis in its Limited Partner Interest and (y) the Partnership’s adjusted tax basis in the Tioga Gas Plant.
As set forth in Section 5.2 of the Contribution Agreement, HIP shall, upon request, make additional Capital Contributions to the Partnership to the extent necessary to fund the payment of costs and expenses attributable to Other Projects of the Hess Tioga Gas Plant LLC; provided, however, that the amount of additional Capital Contributions that HIP shall be obligated to make pursuant to this Section 4.2(b)(iv) shall be limited as set forth in Section 5.2 of the Contribution Agreement.
GAS PROCESSING AND FRACTIONATION AGREEMENT THIS GAS PROCESSING AND FRACTIONATION AGREEMENT (as the same may be amended from time to time in accordance herewith, this “Agreement”) is made as of October 30, 2014 (the “Execution Date”), but effective for all purposes as of January 1, 2014 at 12:01 a.m. CCT (the “Effective Time”), by and between Hess Trading Corporation, a Delaware corporation (“Customer”), and Hess Tioga Gas Plant LLC, a Delaware limited liability company (“Provider”).
This Amendment No. 2 to Gas Processing and Fractionation Agreement (this “Amendment”) is dated as of July 1, 2015, but is effective for all purposes as of January 1, 2014 (the “Effective Time”), and is by and between Hess Trading Corporation, a Delaware corporation (“Customer”), and Hess Tioga Gas Plant LLC, a Delaware limited liability company (“Provider”).
NOVA Chemicals will purchase 100 percent of the ethane produced at the Tioga Gas Plant under a long term arrangement.
LM4 is ramping toward full capacity in line with our guidance and we are successfully backfilling the Tioga Gas Plant with additional third-party volumes.
In the gas processing segment, throughput volumes increased 9% compared to the prior-year quarter driven by increased utilization of available capacity, partially offset by maintenance activity at the Tioga Gas Plant in the fourth quarter of 2018.
In the gas processing segment, throughput volumes increased 36% compared to the prior-year quarter, driven by completion of the ramp-up of processing volumes through the Little Missouri 4 (“LM4”) gas processing plant and the backfilling of the Tioga Gas Plant.
Capital ExpendituresCapital expenditures for the third quarter of 2021 totaled $59.1 million, including $51.7 million of expansion capital expenditures and $7.4 million of maintenance capital expenditures, and were primarily attributable to continued expansion of our gas compression capacity and the Tioga Gas Plant turnaround.
Expansion capital expenditures in the third quarter of 2020 were primarily attributable to field construction activities for the planned expansion of the Tioga Gas Plant.