North Mainline Open Season Open Season
Notice of Available Firm Capacity
on El Paso Natural Gas Company, L.L.C. (“Transporter”)
Bid Deadline – February 17, 2026 at 2:00 PM Mountain Clock Time (“MT”)
Portable Document Format (.pdf) file of Open Season: https://pipeline2.kindermorgan.com/PortalWeb/PortalDocs.aspx?code=EPNG&parent=1600
Transporter is conducting a binding Open Season for capacity as outlined below. Currently, the full amount of this capacity will become available with the cancellation of the two declared Force Majeures. The first is associated with Unit No. 2 of Transporter's Flagstaff Compressor Station declared on September 20, 2022, in Critical Notice No. 616017 posted on Transporter's website. The second is associated with the required immediate examination and, if necessary, repair of anomalies identified on Transporter's Line No. 1200 as described in the Force Majeure declaration issued in Critical Notice No. 627207 posted on January 7, 2026, on Transporter's website. Although at this time the dates for the cancellation of the Force Majeures are unknown, Transporter believes that it is likely that the facilities will be available fully on or before March 1, 2026. In the future, as with all such notices, Transporter will post a notice to announce the cancellation of the Force Majeures and the dates the facilities will be available to provide service in the Notices – Critical section of the Informational Postings tab of Transporter's interactive website. Transporter seeks to have all the capacity offered in this open season (“Open Season Capacity”) available for use when service under the agreements associated with this Open Season starts and no portion of the Open Season Capacity is unavailable because of any Force Majeure declaration. The first Gas Day after all the Open Season Capacity is available and no portion is unavailable due to a declared Force Majeure will be referred to herein as the “Service Return Date.” Thus, the service associated with the capacity in this Open Season will be offered to begin the later of: (i) March 1, 2026, or (ii) the Service Return Date.
Rate Schedule:
FT-1
Volume / Transportation Contract Demand (“TCD”):
Varying - See Open Season Binding Bid Sheet below
Primary Receipt Point(s):
BLANCO (300714)
Primary Delivery Point(s):
DPG&ETOP (314604)
Flow Path(s):
NN1
In this open season, Transporter will consider alternative primary receipt and/or delivery points (subject to available capacity) in conjunction with some or all of the flow path and primary receipt and/or delivery points. Parties that are interested in capacity at and from other primary receipt points or at and to other primary delivery points, or for other periods, should contact their service representatives or any of the individuals listed below.
Capacity Available Starting:
The later of: (i) March 1, 2026, or (ii) the Service Return Date
Open Season Start:
January 15, 2026 at 10:00 AM MT
Open Season End:
February 17, 2026 at 2:00 PM MT
Award Notification:
February 19, 2026 at 2:00 PM MT
Bid Submittals:
To bid, complete the attached bid sheet and email it to KMWestBids@KinderMorgan.com. Transporter reserves the right to reject any bid which fails to comport with the provisions of this Open Season
NOTE: Transporter will rely upon the time an emailed bid is received to determine whether a bid is timely. Bids that are received after the end date and time listed above (as determined by the time stamp on Transporter's email inbox) will be considered invalid bids and will not be eligible for an award of capacity in this Open Season. Transporter recommends that bids be submitted well in advance of the closing time listed above to minimize the risk that any email delay could cause a bid to be excluded from consideration.
General Open Season Requirements:
Upon notice at any time and in its sole discretion, Transporter reserves the right to terminate this Open Season, to extend any date or time specified in this Open Season or to otherwise modify this Open Season.
Bid sheets must include the bidding party's name, Open Season Name (“North Mainline Open Season”), quantity, term, and rate.
By submitting a bid sheet, the bidding party certifies that:
(a) All information contained in the bid sheet is complete and accurate;
(b) It satisfies, or will be able to timely satisfy, all the requirements of Transporter's Federal Energy Regulatory Commission Gas Tariff, Third Revised Volume No. 1A (“FERC Gas Tariff”), as the same may be amended from time to time; and
(c) The person submitting the bid sheet has full authority to bind the bidding party.
Multiple independent bids may be submitted. Submitted bids for this Open Season, however, may be withdrawn by providing written notice of withdrawal to Transporter prior to the date and time of the Open Season End stated above and using the same process as submitting bids as described above. Transporter will use the time and date stamp on Transporter's e-mail box to determine a timely withdrawal. Once a submitted bid is withdrawn, another subsequent bid may be submitted by the same bidding party if and only if all subsequent bids are at a higher present value (“PV”) than the withdrawn bid. Any subsequent bid with a PV equal to or lower than the withdrawn bid will be considered invalid
Bids submitted in this Open Season on or before the date and time of the Open Season End, that have not been properly withdrawn or considered invalid will constitute a binding irrevocable offer by the bidding party to contract for capacity. The award of the capacity in the Open Season will be an acceptance of the offer and the parties shall be contractually bound at that time.
The bid rate must be presented as: (a) the reservation rate per Dth/month, (b) the reservation rate per Dth/day (which will be converted to a monthly rate by multiplying the daily rate times 365 and dividing the result by 12, rounded to the fourth decimal place), or (c) the maximum tariff rate.
A contractual right of first refusal (“ROFR”) is offered with this capacity for awards with terms of two years or greater.
In addition to the bid rate, each bidding party shall be subject to the applicable maximum usage rate and maximum usage surcharges, all other maximum rates, charges and surcharges, including, but not limited to, ACA, Fuel and Lost and Unaccounted-for gas (“L&U”), Electric Power Costs, and any other authorized charges and surcharges assessed under the applicable Rate Schedule of Transporter's FERC Gas Tariff as may change from time to time. This includes incremental lateral charges and any third party charges resulting from the use of capacity that Transporter may hold on other pipelines.
Transporter reserves the right to reject negotiated rate bids, bids that have rates less than the maximum Tariff rate (see the description in the bid sheet), bids stated as the dollar equivalent of the current maximum Tariff rate, bids that are incomplete, contain offers of varying rates within the term, contain additional or modified terms or are inconsistent with the provisions of Transporter's FERC Gas Tariff or this Open Season. Transporter also reserves the right to reject bids that do not reflect the same quantity for the duration of the term except as specified in the table of the Open Season Binding Bid Sheet below. Finally, unless the Service Return Date is on a day other than the first day of the month, the requested term must begin on the first day of the applicable month and end on the last day of the applicable month.
Transporter also reserves the right to seek clarification of any bid (including, without limitation, the rate, quantity, term, or receipt or delivery point(s)) but shall not be required to do so. To be considered, any responding clarification by bidders must be provided in writing and within the time requested by Transporter. Such clarifications shall be incorporated as part of the binding bid submitted by the bidder and, in the case of conflict with the earlier submitted binding bid, shall control.
Transporter notes that Federal Energy Regulatory Commission (“FERC”) Order No. 894, in some cases, prohibits multiple affiliates of the same entity from bidding in an Open Season for capacity in which the pipeline may allocate capacity on a pro rata basis. It appears to Transporter that the restrictions imposed by FERC Order No. 894 will be applicable in this Open Season and FERC recommends that potential bidders review and adhere to the requirements of that FERC Order.
Creditworthiness Requirements:
The successful bidder(s) must satisfy the creditworthiness requirements of Transporter's FERC Gas Tariff. Bidders that fail to satisfy such creditworthiness requirements within a reasonable time will have their capacity award withdrawn. Transporter will treat the financial statements provided by bidders as confidential.
Execution of FTSA:
Each successful bidder and Transporter shall enter into and execute a Firm Transportation Service Agreement (“FTSA”) reflecting the terms of its bid as awarded by Transporter. All successful bidders shall execute and return the FTSA within the earlier of the day before the first day of the term of firm transportation service in the bid as awarded by Transporter or five (5) business days following the day Transporter tenders the FTSA to the bidder (“Execution Date”). If a successful bidder fails to fully execute and return the FTSA on or before the Execution Date, then Transporter reserves the right to cancel the successful bidder's binding bid without prejudice as to Transporter's right to seek any and all permitted remedies as a result of the successful bidder's failure to execute the FTSA. The FTSA will be in the form contained in Transporter's FERC Gas Tariff; provided however, the FTSA may incorporate language that reflects service may begin the later of March 1, 2026, or the Service Return Date regardless of whether such language is “non-conforming” or “conforming.” Transporter may file, in its sole discretion, the FTSA with the Commission for its review. Additionally, Transporter reserves the right, but shall not be required, to reflect the start of the term of service in the FTSA as March 1, 2026, if the Service Return Date has passed prior to Transporter's tendering the FTSA. Transporter and any successful bidder may mutually agree to enter into and execute more than one FTSA that together reflect all the terms of the successful bid as awarded by Transporter.
Evaluation Criteria:
If Transporter receives acceptable bids for capacity in excess of the actual amount of available capacity, then Transporter will award and/or allocate the capacity in a manner that yields the highest total PV as calculated below. In determining which bid(s) yield the highest total PV, Transporter reserves the right to combine multiple bids, in whole or in part, in a manner that results in a total PV of the combined bids that exceeds the highest PV achievable by accepting one or more of the disaggregated bids. This process could result in a bidder being awarded less capacity than requested (unless such bidder elects on its bid sheet not to accept an allocation of capacity).
PV will be calculated as the sum of the present values for all of the months beginning with March 1, 2026 through the end date of the bid term.
The PV for each month will be calculated as follows:
PV = (R X Q)/((1+i) to the power of n)
Where:
R = the monthly reservation bid rate
Q = the monthly bid quantity
i = the monthly discount rate of 0.6000% (which is the annual discount rate of 7.20% divided by 12).
n = the number of months from the earliest possible date being offered for the service to begin in the Open Season (i.e., March 1, 2026) to the applicable month for which the PV is calculated (for example, n = 1 for March 2026, n = 2 for April 2026, and so on until the end of the requested term)
Contact Information:
Questions concerning this Open Season should be directed to:
John Driscoll (719) 520-4471
Robin Janes (719) 667-7555
Thania Delgado (719) 520-4482
Evelyn Spencer (719) 520-4753
Cory Chalack (719) 520-3769
Abdessamad Nassif (719) 520-4667
Kate Fraser (719) 520-4472
Austin Derebery (719) 520-4434
Open Season Binding Bid Sheet
(See next page)
North Mainline Open Season
Email Bid To: KMWestBids@KinderMorgan.com
Legal Name of Bidder:
Name of Requesting Party:
Title of Requesting Party:
DUNS Number:
Phone:
B. Capacity Bid:
Rate Schedule (FT-1):
Requested Term Start Date: The later of: (i) March 1, 2026, or (ii) the Service Return Date
Requested Term End Date:
Transportation Contract Demand (“TCD”): Dth/day
Will you accept an allocation of capacity if necessary Yes No
Available FT-1 Capacity Summary
(Quantities in Dth/day)
2026
Receipt
Area/Location
Delivery
Path
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
116,636
137,665
141,681
97,517
61,319
61,487
57,258
95,648
98,210
TRANSPORTATION CONTRACT DEMAND
2027 Forward
58,426
48,918
57,523
61,799
OPEN SEASON VOLUME BID
*The sum of the monthly Maximum Delivery Quantities at the Primary Delivery Location(s) must equal the monthly Transportation Contract Demand.
C. Reservation Rate (read carefully and select one):
Maximum Tariff Rate (i.e., the applicable maximum rate stated in Transporter's FERC Gas Tariff as that rate may change from time to time)
Discounted Rate: $ _____ per Dth per month or $ _____ per Dth per day (this rate is subject to the applicable maximum and minimum rates stated in Transporter's FERC Gas Tariff as those rates may change from time to time)
Negotiated Rate: $ _____ per Dth per month or $ _____ per Dth per day (this rate will be fixed and NOT subject to the applicable maximum or minimum rates stated in Transporter's FERC Gas Tariff as those rates may change from time to time)
Reservation rates bid as a daily rate (i.e., a rate per Dth per day) will be converted to a monthly rate by multiplying the daily rate times 365 and dividing the result by 12, rounded to the fourth decimal place.
D. Applicability of Usage and Other Charges:
In addition to the bid rate, successful bidders will be subject to the applicable maximum usage rate and maximum usage surcharges, all other maximum rates, charges and surcharges, including ACA, Fuel and L&U, Electric Power Costs, and any other authorized charges and surcharges assessed under the applicable Rate Schedule of Transporter's FERC Gas Tariff as may change from time to time. This includes incremental lateral charges and any third party charges resulting from the use of capacity that Transporter may hold on other pipelines.
*By submitting this binding bid to Transporter, the bidding party certifies that (a) all information contained in the request is complete and accurate, (b) it satisfies, or will be able to satisfy, all the requirements of Transporter's FERC Gas Tariff, and (c) the person submitting the bid has full authority to bind the bidding party.
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