E
Economic Regulatory Administration
Synonym: ERA
Definition: The agency in the Department of Energy that regulates
imports and exports of natural gas.
Electronic Data Interchange
Synonym: EDI
Definition: The computer exchange of data for business transactions.
The data is typically in predefined formats that are
agreed upon by the exchanging parties or a universal
standard.
Emergency Sales
Synonym:
Definition: Short term sales of natural gas made to meet the
emergency needs of LDCs, pipeline companies, and end
users.
End Use
Synonym:
Definition: The final use to which gas is put by a customer.
End User
Synonym:
Definition: Any entity which is the ultimate user of natural gas.
An end user purchases the gas for consumption but not
for resale purposes.
Energy Balancing
Synonym:
Definition: The process of balancing receipt and delivery volumes
(i.e., cubic feet) and energy (i.e., Btus) for the
purpose of daily account balancing.
Entitlement:
Synonym:
Definition: To Producers - A producer's working interest or
ownership share of the reserves in a well. This volume
may not equal the producer's share of the quantities
produced during a specific period due to balancing
between producers in the well.
To Shippers - A shipper's allocation of pipeline
capacity during periods of curtailment.
Established Reserves
Synonym:
Definition: Those reserves interpreted to exist and recoverable
with current technology and under present and
anticipated economic conditions.
Evergreen Clause
Synonym:
Definition: A contract provision that allows the term of service
underlying the contract to be extended after a primary
expiration date without further agreement of the
parties.
Exchange
Synonym:
Definition: The title transfer of like quantities of gas between the
owners of the gas. Typically, an exchange is performed
across noncontiguous transportation facilities.
Exchange Agreement
Synonym:
Definition: An agreement between two parties which defines the terms
and conditions for the exchange of gas and title
transfer. Typically performed across noncontiguous
transportation facilities.
Exchange Gas
Synonym:
Definition: Gas delivered to a party at one location in exchange for
gas received from the party to another location, often
in a displacement arrangement.
Extraction Plants
Synonym: Straddle Plants, Processing Plants
Definition: A plant in which products such as propane, butane, oil,
ethane or natural gasoline - initial components of the
gas stream - are extracted or removed for sale.