Question-and-Answer Session
Operator
Thank you. [Operator Instructions]. Our first question is from Ross Payne with Wachovia Capital. Please take your question.
Ross Payne - Wachovia Securities
Greg, can you talk to how much of your storage is to third parties versus your account.
Greg L. Armstrong - Chairman and Chief Executive Officer
Ross it varies really by location and it's pretty dynamic changing number right now in... we haven't published that information.
Ross Payne - Wachovia Securities
Okay. Because... I would assume the man for storages is going to be less under this market condition to two third parties, but do you assume that that's goanna be made up in you normal business on a backwardated basis?
Greg L. Armstrong - Chairman and Chief Executive Officer
Yes while you were... we were conversation here offline, I can't give you the aggregate number. I just don't give it my location but it's in the 55% to 60% range, the tankage is two third parties.
Ross Payne - Wachovia Securities
Okay
Greg L. Armstrong - Chairman and Chief Executive Officer
And to answer your question, to kind of clarify perhaps what I was trying to get earlier, what we call base level results, not the base line plus but what we call base level results which is what we try and manage the business on over to an extended period of time, we do think that there will be offsets to the countercyclical balance. What we are really trying to say is the significant access profits that we get called sandbagger store because clearly the market has been very favorable for about 2.5 years. We are not saying the market won't come back in the more favorable conditions but that's not how we manage the business. We really take that as something that's incremental to the baseline, not a part of the baseline.
Ross Payne - Wachovia Securities
Okay, so you will still be able to achieve your results without that?
Harry N. Pefanis - President and Chief Operating Officer
Hey Ross this is Harry Pefanis. A lot of the people that lease-take they are leasing it operationally, they are leasing it we have not leased, for most leased I can people do the same contango trades. So we don't expect that business to go away just because of the long-term contracts that are operational nature.
Ross Payne - Wachovia Securities
Okay. Any idea on what the average size on those contracts is?
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