FA Capacity definition

FA Capacity means the minimal amount of production handling capacity through the Magnolia TLP that is available for Satellite Production, on a flowline-by-flowline basis, as a contingency measure for the minimum flow necessary to prevent serious problems (including, but not limited to, waxing, the formation of hydrates, and slugging) with the w▇▇▇▇ and flowlines and for lease maintenance purposes in the event “Interruptible Capacity” (as defined hereinbelow) and Firm Capacity are not available, unless it is not possible to provide such Flow Assurance Capacity due to Magnolia TLP operating problems, “downstream” facilities’ or equipment problems, or Force Majeure. For purposes of this Article 2.2.17, “downstream” is after the Delivery Point in the direction of flow. FA Capacity shall be 1********************* unless otherwise agreed by the Parties in writing.
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Examples of FA Capacity in a sentence

  • If the flowline is defined as an oil flowline (the flowline’s primary product is oil), the FA Capacity for liquids (oil and water) will be that which is stated in Section 2.2.17 (Flow Assurance Capacity) and the FA Capacity for gas will not be pre-determined, but will be the amount of associated gas that the oil flowline is capable of flowing at the stated FA Capacity for liquids.

  • Approval by the Magnolia Owners of such revised FA Capacity will not be unreasonably withheld.

  • If the flowline is defined as a gas flowline (the flowline’s primary product is gas), the FA Capacity for gas will be that which is stated in section 2.2.17 (Flow Assurance Capacity) and the FA Capacity for liquids (condensate and water) will not be pre-determined, but will be the amount of associated liquids that the gas flowline is capable of producing at the stated FA Capacity for gas.

  • The Magnolia Owners agree to process and handle Satellite Production at volume rates not to exceed FA Capacity and, the Producer will be entitled to utilize FA Capacity for Satellite Production, unless it is not possible to provide such FA Capacity due to Magnolia TLP operating problems and/or operating problems related to downstream facilities and equipment.