Re: Cabot Oil & Gas Marketing Corporation ,
 Let's set up a meeting to discuss.  The Wellhead Group is responsible for 
everything up to the mainline/pool including scheduling, nominations, 
operational swing etc.  The East desk would have a deal with the Wellheasd 
Group for a firm daily quantity of gas at the mainline or pool.


   
	Enron North America Corp.
	
	From:  Victor Lamadrid                           11/15/2000 04:40 PM
	

To: George Weissman/HOU/ECT@ECT
cc: Bob M Hall/NA/Enron@Enron, Robert Superty/HOU/ECT@ECT, Gary 
Bryan/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, 
Scott Neal/HOU/ECT@ECT 
Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1  

George, Could you please answer a few preliminary operational questions 
before we proceed..
Has Scott Neal approved this for our desk (assuming risk and swings)?  Is our 
logistics group nominating, scheduling, confirming and balancing this 
wellhead?   Are we buying from you or are we buying from Cabot??? Who's 
responsible for deal entry and management in Sitara? Who's responsible for 
notifying us of changes?  Do we need to acquire transport for this or is it 
moved IT (Transco charges for pool receipts)
Operationally we need as much lead time to submit timely noms daily and at 
the first of every month.  We would like changes/swings to be communicated 
via e-mail, fax if necessary and followed by phone call to ascertain 
receipt.... 
Once we have some of these questions answered we can talk details....
Thanks



   
	Enron North America Corp.
	
	From:  George Weissman                           11/15/2000 02:52 PM
	

To: Victor Lamadrid/HOU/ECT@ECT
cc: Bob M Hall/NA/Enron@Enron, Jill T Zivley/HOU/ECT@ECT, Gary 
Bryan/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT 
Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1

Victor, is the language cited below okay operationally for a dedicated 
reserves, wellhead contract in South Louisiana?  George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 11/15/2000 
02:42 PM ---------------------------

	Jill T Zivley
	11/15/2000 12:21 PM
	
To: George Weissman/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT
cc:  
Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1

I pushed the button too fast. I meant for this to be sent to you also. Can we 
get together right after lunch. Let me know.  Thanks.
---------------------- Forwarded by Jill T Zivley/HOU/ECT on 11/15/2000 12:19 
PM ---------------------------

	Jill T Zivley
	11/15/2000 12:18 PM
	
To: Gary Bryan/HOU/ECT@ECT, Linda Roberts/NA/Enron@Enron
cc:  
Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1

I am trying to send out this draft to Cabot today and really need your input 
on these scheduling issues and the new production issues ASAP. I have some 
ideas on protecting us for new wells and want to see what you think. Thanks.
---------------------- Forwarded by Jill T Zivley/HOU/ECT on 11/15/2000 12:15 
PM ---------------------------
From: Shawna Flynn on 11/15/2000 12:13 PM
To: George Weissman/HOU/ECT@ECT
cc: Jill T Zivley/HOU/ECT@ECT 
Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1  

Jill and George- Here is the preliminary sample ENA ded reserves GPK for use 
with Cabot. -Please check Operations section-Here is langiage from Master 
Firm p/s-Scheduling Requests.  Not later than two Business Days prior to the 
earlier of Buyer's or Seller's Transporter's nomination deadline for the 
first Gas Day of each Month during a Period of Delivery, Buyer agrees to 
provide to Seller facsimile notice of the quantities Buyer requests Seller to 
Schedule for each Gas Day of such Month.  Should Buyer desire to change the 
requested quantities Scheduled, Buyer shall provide to Seller facsimile 
notice thereof not later than one Business Day prior to the earlier of 
Buyer's or Seller's Transporter's nomination deadline for the applicable Gas 
Day.  In the event the nomination or Scheduling deadline of a Transporter 
conflicts with these notification dates, Buyer and Seller agree to modify the 
notification dates accordingly.  Scheduling requests to Seller will be 
accepted at the telephone number and shall be confirmed by facsimile as set 
forth in Exhibit "A."  Scheduling Requests.  Not later than two Business Days 
prior to the earlier of Buyer's or Seller's Transporter's nomination deadline 
for the first Gas Day of each Month during a Period of Delivery, Buyer agrees 
to provide to Seller facsimile notice of the quantities Buyer requests Seller 
to Schedule for each Gas Day of such Month.  Should Buyer desire to change 
the requested quantities Scheduled, Buyer shall provide to Seller facsimile 
notice thereof not later than one Business Day prior to the earlier of 
Buyer's or Seller's Transporter's nomination deadline for the applicable Gas 
Day.  In the event the nomination or Scheduling deadline of a Transporter 
conflicts with these notification dates, Buyer and Seller agree to modify the 
notification dates accordingly.  Scheduling requests to Seller will be 
accepted at the telephone number and shall be confirmed by facsimile as set 
forth in Exhibit "A."  



	George Weissman
	11/14/2000 10:57 AM
		 
		 To: Shawna Flynn/HOU/ECT@ECT
		 cc: Jill T Zivley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Robert 
Walker/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT
		 Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1

Shawna, as we discussed, please adjust the pricing provision of the two (2) 
Cabot Oil & Gas Marketing Corporation gas purchase agreements to provide for 
the following:  on a daily basis, we will pay index minus $0.005 for the 
first 80% of the gas produced that day and gas daily minus $0.005 for the 
remaining 20% of the gas produced that day.  I believe this pricing mechanism 
roughly approximates the Kerr McGee pricing provision you recently prepared 
for Brian Riley at meter 6884.

George x3-6992 
---------------------- Forwarded by George Weissman/HOU/ECT on 11/14/2000 
10:43 AM ---------------------------
From: Shawna Flynn on 11/13/2000 10:42 AM
To: George Weissman/HOU/ECT@ECT
cc:  
Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1  

VOILA



	George Weissman
	11/07/2000 01:40 PM
		 
		 To: Shawna Flynn/HOU/ECT@ECT
		 cc: Robert Walker/HOU/ECT@ECT, Jill T Zivley/HOU/ECT@ECT, Melissa 
Graves/HOU/ECT@ECT, Linda Roberts/NA/Enron@Enron, Bob M Hall/NA/Enron@Enron, 
Robert Crockett/HOU/ECT@ECT
		 Subject: Re: Cabot Oil & Gas Marketing Corporation

Turtle Bayou Field
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Kent Bayou Field
Continental Land & Fur 11 #1, 24 #1 & 28 #1 Wells
Terrebonne Parish, LA
Facility 820010, Tennessee La. Zone 1

Shawna,

Attached are three (3) Contract Preparation Requests for two (2) Committed 
Reserves Agreements (Purchase Directly from Producer) along with a 
Confidentiality Agreement for Cabot Oil & Gas Marketing Corporation 
production in Terrebonne Parish, LA, currently flowing on Transco (Turtle 
Bayou) and Tennessee (Kent Bayou).  As we discussed yesterday, the Committed 
Reserves Contracts requested herein should be virtually identical to the 
contract recently executed by Panaco, Inc. for the Sturlease well.  The 
Confidentiality Agreement will cover both Fields.

George x3-6992

CABOT TURTLE BAYOU TRANSCO:




CABOT KENT BAYOU TENNESSEE:




CABOT CONFIDENTIALITY AGREEMENT:






  

---------------------- Forwarded by George Weissman/HOU/ECT on 11/07/2000 
01:28 PM ---------------------------
   
	Enron North America Corp.
	
	From:  George Weissman                           10/26/2000 08:00 PM
	

To: Jean Mrha/NA/Enron@Enron
cc: Jill T Zivley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Sandy 
Olitsky/HOU/ECT@ECT, Eric Moon/HOU/ECT@ECT, John Handley/HOU/ECT@ECT, Linda 
Roberts/NA/Enron@Enron, Bob M Hall/NA/Enron@Enron 
Subject: Re: Cabot Oil & Gas Marketing Corporation
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Jean, attached are Transaction Approval Forms for two proposed ENA Upstream 
wellhead deals with Cabot Oil & Gas Marketing Corporation in Terrebonne 
Parish, LA.  One deal is on Transco Pipeline and the second deal is on 
Tenneco Pipeline.  Also attached is a single page excel summary of the rough 
economics and mark to market calculation for these proposed deals.

Jill and Linda expect to contact you tomorrow morning to provide you with 
additional information relating to these deals.

For your information, Sandy Olitsky secured the bids from the East Desk and 
John Handley is working on calculating the reserves and future flow 
associated with these potential deals.

George x3-6992

Cabot Marketing Transco Terrebonne:



Cabot Marketing Tenneco Terrebonne:




Excel Economics:







---------------------- Forwarded by George Weissman/HOU/ECT on 10/26/2000 
07:51 PM ---------------------------
   
	Enron North America Corp.
	
	From:  George Weissman                           10/26/2000 04:44 PM
	

To: Sandy Olitsky/HOU/ECT@ECT
cc: Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron, Jill T 
Zivley/HOU/ECT@ECT, John Handley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT 
Subject: Re: Cabot Oil & Gas Marketing Corporation
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Sandy,

Expected decline curve for volumes associated with the two Cabot Terrebonne 
Parish deals is attached.  Please secure a notional quote for 5 years firm 
out of December 2000 for 80% of the volumes cited.

George x3-6992





---------------------- Forwarded by George Weissman/HOU/ECT on 10/26/2000 
04:34 PM ---------------------------


Scott Neal
10/23/2000 02:17 PM
To: George Weissman/HOU/ECT@ECT
cc: Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron, Jill T 
Zivley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Gary Bryan/HOU/ECT@ECT, Brian 
M Riley/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron, Linda Roberts/NA/Enron@Enron 
Subject: Re: Cabot Oil & Gas Marketing Corporation
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3  

How are we planning to handle daily volume swings on the 30% priced at Gas 
Daily and which group will hold this risk?  
Which group will handle nominations/scheduling/balancing on the gathering 
system? 




   
	Enron North America Corp.
	
	From:  George Weissman                           10/23/2000 12:40 PM
	

To: Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron
cc: Jill T Zivley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Gary 
Bryan/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Bob M 
Hall/NA/Enron@Enron, Linda Roberts/NA/Enron@Enron 
Subject: Cabot Oil & Gas Marketing Corporation
Continental Land & Fur 58 #2 Well
Terrebonne Parish, LA
Facility 514800, Transco Zone 3

Eric & John

Enron NA is currently purchasing wellhead gas from the referenced well on 
Transco on a month-to-month basis pursuant to Sitara #415772.  We believe 
Enron Upstream may have an opportunity to firm up this purchase for at least 
a year and perhaps 2 years.  It appears ENA is currently paying a $0.0787 
transport rate along with 4.5% fuel to Transco; the well is producing between 
18,000 and 19,000 Mmbtu/d.

Could you please get us a quote to purchase this wellhead gas on a firm basis 
based on the following:

1 year term
or
2 year term, commencing 11/1/2000

firm purchase and firm transport for 70% of the wellhead volume, starting at 
70% of 18,000 per day and declining as will be defined by our Reserve 
Department

gas daily purchase and interruptible transport for the remaining 30% of the 
wellhead volume

Enron Upstream will keep the desk financially whole should volumes for the 
70% firm component fail to show up on any given day of the 1 year or 2 year 
term

Eric, you have advised you will not be available at 3:30 today; John, would 
you please join us in 3271 today at 3:30 to talk about the mechanics of 
pricing and ticketing the deal described above.  Thanks.

George x3-6992
victor.lamadrid@enron.com