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Enron Mail |
This is just FYI-
I think we really need to ask Dan, Judy and Chris to dedicate some time to map the market area points accurately. (What I mean is making sure each location has the proper valuation attached to it in Sitara.) Just so you know, when I print out the market area transport p&l, there are 85 tickets/paths set up, and only 19 of those show a positive p&l. I know that we are not using that much transport that is out of the money--I'm sure this is just a case of no one going in and making sure the mappings for each location in the market area are accurate. I would just go ahead and do this, but I I do not know the market area points and valuations well enough. There are a few simple things I could point out that need fixing (i.e., TCO pool vs TCO citygate--as prices go up and cost of fuel goes up, no one is adjusting the curves between the two points, so your transport starts out in the money and ends up out of the money; another example is CNR--the gathering charge on CNR is now $.44, but we still have our curve set at TCO pool minus $.32.) Anyway, I know the market area is a bit more difficult because of valuation issues, but I have to believe we could do better than 19 out of 85. (And on some pipes, like Tennessee, the ration is 0/33). I know this is a pain to fix, but one day I do envision that we will have automatic notification of capacity being in or out of the money, but that will be meaningless if we are not set up to value points properly.
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