A Shale-Driven Transformation NFG Supply Corporation Empire Pipeline
National Fuel Gas Company Business Segment Reporting National Fuel Gas Company Publicly Traded Holding Company NYSE symbol -NFG Exploration & Production Pipeline & Storage Utility Energy Marketing Reporting Segments Seneca Resources Corporation National Fuel Gas Supply Corporation National Fuel Gas Distribution Corporation National Fuel Resources, Inc. Operating Subsidiaries Empire Pipeline, Inc. National Fuel Midstream Corporation
TCPL: Niagara, Chippawa Chippawa Niagara Hopewell Corning: Empire, Millennium Corning Ellisburg Ellisburg Interconnects: TGP, DTI Mercer Leidy Leidy: DTI, Transco, TETCO Pipeline and Storage Facts & Figures Holbrook: TETCO M2 Holbrook ~2,800 miles of pipe 75,000+ hp Own/Operate 27 Fields Co-Own/Operate 4 Fields Storage Capacity ~78 bcf
Ellisburg-Leidy Hub Niagara Holbrook
Where are the NFGSC/Empire Customers? Calgary Philadelphia Oklahoma City Omaha Tulsa Buffalo Columbus Cincinnati Pittsburgh Boston Stamford New York Baltimore Richmond Dallas Houston
Supply/Empire Shipper Composition Total Contracted Storage by Shipper Type Total Contracted Transportation by Shipper Type Marketer 9% Outside Pipeline 3% End User 2% Avg. Producer Contract Life 11 Years Outside Pipeline 23% Producer 33% Marketer 17% LDC 60% LDC 53%
Privileged & Confidential
SOUTHWEST PA WET MARCELLUS NORTHEAST PA DRY MARCELLUS
14.00 Daily PA Marcellus Gas Production Actual Production Forecasted Production 12.00 Bcf/d 10.00 8.00 6.00 Covering 54,000 square miles across four states - New York, Pennsylvania, Ohio and West Virginia, the Marcellus shale is among the most significant natural gas resources in North America 8.37 Bcf/d 4.00 2.00 0.00 PA-Northeast Dry PA-South Dry PA-Southwest Wet PA-Central Dry 1 Bentek Market Alert Source (graph): Bentek May 2013 Production Monitor
Lake Ontario CANADA Late 1980 s BUFFALO Lake Erie ERIE NY Ellisburg PA Lamont Mercer PITTSBURGH Bristoria
Lake Ontario CANADA 1990 BUFFALO Lake Erie ERIE NY Ellisburg PA Lamont Mercer Leidy PITTSBURGH Bristoria
Lake Ontario Niagara CANADA 1993 BUFFALO Lake Erie ERIE NY Ellisburg PA Lamont Mercer Leidy PITTSBURGH Bristoria
CANADA Lake Ontario Niagara Chippawa BUFFALO ROCHESTER SYRACUSE 2003 Lake Erie ERIE NY Ellisburg PA Lamont Mercer Leidy PITTSBURGH Bristoria
CANADA Lake Ontario Niagara Chippawa BUFFALO ROCHESTER SYRACUSE 2008 Lake Erie Corning ERIE NY Ellisburg PA Lamont Mercer Leidy PITTSBURGH Bristoria
187,000 Dth/day That s enough gas to heat 100% of NFGDC s total residential customer base for an entire year. (682,000 residences) 187,000 Dth/d
CANADA Lake Ontario Chippawa Niagara ROCHESTER SYRACUSE BUFFALO Lake Erie Corning ERIE NY Ellisburg PA Lamont Mercer Leidy PITTSBURGH Bristoria
Lake Ontario Niagara CANADA Chippawa Lake Erie Marcellus Fairway Tioga Extension Corning Ellisburg NY Jackson PA Lamont Mercer Leidy Bristoria
Lake Ontario Niagara CANADA Chippawa Tioga Extension Lake Erie Corning NY Ellisburg Jackson PA Lamont Mercer Leidy Line N 2011 & 2012 Holbrook Bristoria
Supply Corporation Buffalo Station 2011 2 New 2,370 HP Units 2012 2 New 10,310 HP Units
Lake Ontario Niagara CANADA Chippawa Northern Access Tioga Extension Lake Erie Corning Ellisburg Jackson NY PA Lamont Mercer Leidy Line N 2011 & 2012 Holbrook
Supply Corporation East Aurora Station 2 New 2,370 HP Units
Ellisburg Station 2 New 4,740 HP Units Supply Corporation
Lake Ontario Niagara CANADA Chippawa Northern Access Tioga Extension Lake Erie Corning Ellisburg Jackson NY PA Lamont Mercer Leidy Line N 2011 & 2012 Holbrook
Southwestern PA Wet Gas Production Receipts by Pipeline 700,000 600,000 Dth/day 500,000 400,000 300,000 200,000 100,000 0 Nat Fuel Columbia Gas Dominion Other Tennessee
Evolving On-System Production 18.0 600,000 16.0 14.0 500,000 MMDth/month 12.0 10.0 8.0 400,000 300,000 Dth/day 6.0 200,000 4.0 2.0 100,000 - - Upper Devonian - NFGSC Marcellus - NFGSC Utica - NFGSC Marcellus - Empire
NFGSC Net Niagara Receipts 500,000 400,000 300,000 Dth/day 200,000 100,000 0-100,000-200,000-300,000-400,000
NFGSC Net Niagara Receipts 500,000 400,000 Dth/day 300,000 200,000 100,000 Northern Access Inservice 0-100,000-200,000-300,000-400,000
NFG Midstream Focus Shipping Gas to Canada & Northeast Gathering Marcellus Production Line N Corridor Expansions
Planning Meeting - March 6, 2013 Privileged & Confidential Pipeline Expansions to Transport Gas to Market (2013 thru 2015) TCPL: Parkway Expansion IGT Parkway Kirkwall Niagara TGP200 Chippawa NFG: Northern Access II NFGSC TGP: MPP Project NFG: Mercer TGP: Corning Rose Lake Exp. DTI: Sabinsville to Morrisville TGP300 CNYOG: DTI: Tioga NtoS County Ext. Leidy NFG: WtoE NFG: Westside Exp. Mill: Wright Lateral EMP: Central Tioga Ext. Transco Inergy, UGI & WGL: Commonwealth Pipeline Oakford TGP: NE Upgrade Wright Williams: AGT: Incremental Constitution Market Project Pipeline Mill: Minisink Brookfield Mahwah Ramapo Transco: Leidy Southeast Transco: NE Supply Link TETCO: NY / NJ Exp. TETCO NFG: Line N 2013 TETCO: TEAM 2014 Holbrook TCO Transco: Atlantic Access In Service Year Expansion Capacity (Bcf/d) 2013 3.87 2014 5.96 2015 4.50 Total 14.33 Waynesburg TCO: Westside Exp. (1) (2) Footnote #1 goes here Footnote #2 goes here 29
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