dominion energy questar pipeline, llc · 2020. 5. 14. · opportunities - fidlar compression...

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Dominion Energy Questar Pipeline, LLC Introduction and Overview 1

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Page 1: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Dominion Energy

Questar Pipeline, LLC Introduction and Overview

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Page 2: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Dominion Energy – Core Values

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Our highest priority is keeping our

employees and communities safe

Doing right and doing well are

inseparable

Best in class ESG performance helps

drive long-term value creation

Innovative culture drives approach to clean energy and

workforce opportunities

Sustainable performance

depends on how well we support

one another

Page 3: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

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Power Delivery

Power Generation Gas Infrastructure Southeast

Energy

Historic Dominion Energy operating segments have delivered best-in-class operational performance but more than a decade of repositioning has changed the composition of our company

Dominion Energy Company Profile

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Page 4: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Dominion Energy Emission Targets

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Page 5: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Dominion Energy West - transports and stores natural gas in the “heart of the Rockies” with 2,638 miles of pipe and 54 Bcf storage (working gas)

Dominion Energy West – Hub of the Rockies

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WRH

Northwest Pipeline

Ruby Pipeline

Kern River

Rockies Express TransColorado

Northwest Pipeline Wyoming Interstate Colorado Interstate

DEOP

Kern River

Ruby Northwest

REX Colorado Interstate

Kern River Pipeline

GREEN RIVER BASIN

UINTA BASIN PICEANCE

BASIN

DEQP

White River Hub (WRH) - 2,540 Mdth/d (Firm Contracted Capacity)

Clay Basin - 54 Bcf of working gas

Northwest Pipeline

Dominion Energy Questar Pipeline (DEQP) - 1,907 Mdth/d

Dominion Energy Overthrust Pipeline (DEOP) - 1,636 Mdth/d

Page 6: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Kern River Pipeline

Dominion Energy Questar Pipeline

Dominion Energy Overthrust Pipeline

CLAY BASIN

WHITE RIVER HUB DEQP

Rockies Exp. Northwest

T-Colorado WIC CIG

OPAL DEQP DEOP

Kern River

Ruby CIG

Northwest WAMSUTTER

DEQP CIG

Rockies Exp. WIC

GOSHEN DEQP Kern River

Regional Information Description

Natural Gas Storage

(BCF)

Clay Basin (54 BCF): FSS, ISS, PAL Ryckman Creek (35 BCF): Firm Storage, PAL

Potential Magnum Gas Storage

Interconnect Capacity

(Dth/d)

OTPL to Kern: 1,200,000 Dth/d (Hams Fork, Roberson, Painter)

Kern/QPC @ Goshen: 492,000 Dth/d

Regional Processing Plant Capacity

(Dth/d)

Iron Horse (310,000), Red Wash (140,000), Chipeta (970,000), Enterprise (1,500,000),

Vermillion (43,000), Granger (300,000), Blacks Fork (835,000), Opal (1,400,000), Pioneer

(525,000) Patrick Draw (125,000), Echo Springs (700,000), Willow Creek (450,000)

Major Interconnects

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Page 7: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Demand Driven Customer Mix

Production 25%

LDC/Industrial 68%

Demand Driven Customer Mix • DEQP is uniquely positioned to

provide transportation service to large end users (LDC’s and Industrials)

• Demand Driven capacity provides more consistent opportunities for re-contracting and growth

• DEOP is designed for delivery to eastern and western markets providing clients with multiple markets.

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DEQP Transportation Contracts

LCD/Industrial 68%

Marketing 7%

Production 25%

DEOP Transportation Contracts

Pipelines 41%

Marketing 35%

Production 23%

Page 8: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Getting Started

Step 1: Customer Access

• Complete online request for new customer access to Questline®

• Print out completed forms, sign, and return to DEQP

• Contracting Department Hotline Number: 801-324-5200

Step 2: Credit

• Credit analysis will be performed to determine creditworthiness compliance as described in DEQP’s FERC Gas Tariff. Parties may be required to post letter of credit or collateral, depending on credit review.

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Page 9: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

DEQP Transportation Services

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Currently EffectiveT-1 Rates • Monthly RDC: $5.28804/Dth

• Authorized Overrun (AO): $0.17652/Dth

• Unauthorized Overrun (UAO): $10.00000/Dth

• UAO, Non-Critical: $0.0013/Dth

Currently Effective SSXP Rates • Monthly RDC: $7.82712/Dth

• AO: $0.26000/Dth

• UAO: $10.00000/Dth

• UAO, Non-Critical: $0.52000/Dth

Other Currently Effective Rates • FP: Monthly Charge $2.64402/Dth

• NNT: Max Monthly $0.86753/Dth

• T-2: Daily Charge $0.17652/Dth

• Fuel: Postage Stamp – Paid in kind 1.57%

• ACA: Updated in October $0.00130/Dth

• Usage: $0.00267/Dth

• Imbalance: OBA’s and Transport 5%

Page 10: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

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DEQP Storage Services Currently Effective PKS Rates

• Monthly RDC $2.87375/Dth

• Injection: $0.03872/Dth

• Withdrawal: $0.03872/Dth

Currently Effective SSXP Rates • Monthly Deliverability: $2.85338/Dth

• Capacity $0.02378/Dth

• Injection $0.01049/Dth

• Withdrawal $0.01781/Dth

• AO $0.20215/Dth

Other Currently Effective Rates • ISS: Inventory $0.05927/Dth

Injection $0.01049/Dth

Withdrawal $0.01781/Dth

• Fuel: Utility Updates Monthly

Operational Fuel & Shrinkage Updates Monthly

Stipulation Reimbursement Factor 0.3%

• PAL1: Delivery $0.30315/Dth

Daily Charge $0.02830/Dth

Fuel (0.2% Utility, 1.8% Compressor) 2%

• PAL2: Initiation $0.20846/Dth

Inventory $0.17570/Dth

Page 11: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

DEOP Transportation Services

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Currently Effective FT Rates • Monthly RDC: $1.62000/Dth

• AO: $0.05690/Dth

• UAO, Maximum: $10.00000/Dth

Other Currently Effective Rates • IT: Daily Rate $0.05690/Dth

• Usage: Applies to IT & FT $0.00167/Dth

• ACA: Updates Every October $0.00130/Dth

• Fuel: Path Specific Updates Monthly

• Imbalance: OBA’s and Transport 10%

Page 12: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

WRH Transportation Services

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Currently Effective FT Rates • Monthly RDC: $0.31183/Dth

• AO: $0.01025/Dth

• UAO: $10.00000/Dth

• UAO, Non-Critical: $0.01025/Dth

Currently Effective RGS Rates • Monthly RDC: $0.31183/Dth

• AO $0.01025/Dth

• UAO $10.00000/Dth

• UAO, Non-Critical $0.01025/Dth

Other Currently Effective Rates • IT: Daily Charge $0.17652/Dth $0.01025/Dth

• Fuel: Updates Monthly

• Usage: N/A

• ACA: Updated in October $0.00130

• Imbalance: OBA’s and Transport 5%

Page 13: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

WRH & STP Capacity Bidding Process

Qualifications for Bidding

• Satisfy creditworthiness provision and Questline access requirements

Bid Period

• Held on 8th Business Day prior to the end of the month

Competing Bids

• If no competing bids, the bid period will close at 1:00 p.m.

• If competing bids are received, parties who submitted bids will have an opportunity to post an updated bid

Sale of Capacity following Bid Periods

• Capacity remaining after close of bid period may be acquired on a first-come, first-served basis

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Notice of Available Capacity On or about the 1st day of each month, WRH and STP will post a notice of any available capacity

Page 14: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

• Effective December 1, 2017 DEQP and February 1, 2019 for DEOP, new tariff procedures for capacity and amendments went into effect.

• Changes:

• All capacity that is posted is available for first come first served requests

• Ability to arrange prearranged deals

• Ability to hold bid periods of one to three days for capacity

- Shortened and changed terms if a compete round occurs

• Available Firm Capacity Amendments occur on 4th to last business day of each month

DEQP & DEOP Capacity Sale Process

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Page 15: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Opportunities - Fidlar Compression Expansion

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DEOP

DEQP

GOSHEN

PRICE/FERRON FIDLAR (Additional

Compression)

WHITE RIVER HUB

Page 16: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Opportunities - Fidlar Compression Expansion

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Incremental Capacity (Dth/d)

80,000

Receipts • White River Hub • Cryo plants near Fidlar into ML 104 • Other DEQP points as available

Delivery • Kern at Goshen • MAP 164 Wasatch Front City Gate (Payson)

Term 15 Years

Rate (Dth/d) $0.17652

Page 17: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Why Do Business with Us?

• System Flexibility

• Bi-Directional Pipeline

• Balancing: 5 % DEQP, 10 % DEOP

• Access to Rocky Mountain Supply and large end use markets via connects with Kern River, Ruby,

NWP, WIC, and REX

• Balanced Mix of Customers

• Competitive Rates

• Top 10 Regional Pipeline Customer Service (Mastio Survey Results)

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Page 18: Dominion Energy Questar Pipeline, LLC · 2020. 5. 14. · Opportunities - Fidlar Compression Expansion 16 Incremental Capacity (Dth/d) 80,000 Receipts •White River Hub •Cryo plants

Contact Information: Please Contact Your Marketing or BD Rep for Assistance

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Name Phone E-mail

Joseph Hulse – Manager, Marketing 801-324-5138 [email protected]

Daniel Gardner 801-324-2753 [email protected]

Tom Myrberg 801-324-2978 [email protected]

Mike Molenaar 801-324-5562 [email protected]

Jack Czapiga 801-324-5070 [email protected]