(DOWNLOAD) "Continental Oil Co. v. Federal Power Commission" by United States Court Of Appeals Fifth Circuit. " eBook PDF Kindle ePub Free
eBook details
- Title: Continental Oil Co. v. Federal Power Commission
- Author : United States Court Of Appeals Fifth Circuit.
- Release Date : January 17, 1959
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 78 KB
Description
Continental Oil Company is a natural gas company within the meaning of the Natural Gas Act, 15 U.S.C.A.§ 717 et seq. It sells the gas produced from a single dry gas well in Lea County, New Mexico, to El Paso Natural Gas Company. In its brief, Continental asserts: "Sale of the gas takes place in the well head. Delivery occurs at the point where the facilities owned by Continental end and the facilities owned by El Paso begin; that is, at the point where the gas enters the 4-inch by 2-inch reducing swage [owned by El Paso] where it is screwed inside the 4-inch master valve [owned by Continental]." Before it reaches this critical delivery point the stream of gas has moved up through the casing and through two master valves, either of which has the potentiality to shut off completely the flow of gas, but neither of which is designed or suitable to regulate the flow, i. e., increase or decrease it. The top member of the upper master valve is a threaded 4-inch aperture into which El Pasos reducing swage is screwed. This is the point of delivery of the gas to the purchaser, as described by petitioner above.The stream thereafter flows through a T and then through pipes, generally horizontally, to El Pasos meter and valve which controls the flow from the well.
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