Natural Gas Basics
(Now Live – Click to Enroll)
Course Description: This is the crucial course for anyone seeking to understand the elements of the natural gas industry from exploration through delivery to the home or end user, commonly referred to as “wellhead to burner tip.”
Course Outline:
Some of the Basics Gas composition, measurement, heating value, and quality
Exploration and Production Mineral leasing, pipeline operations, the midstream sector, compression, natural gas processing, and fractionation
Pipeline Operations Pipeline right of way, high pressure compression, pipeline control centers, safety, storage, and liquefied natural gas
Pipeline Economics Pipeline economics, midstream economics, processing economics, LDC economics, transmission and transportation economics, interruptible and firm transportation, and natural gas hubs
Gas Contracts Midstream gas marketing, transmission and LDC areas, gas players, gas pricing, hedging, history of the exchange, and gas marketing strategies
Midstream and NGL Basics
(Coming Soon)
Course Description: This course will help those looking to master the ins and outs of the natural gas midstream and NGL industry. It gives an excellent view of gas gathering, processing, compression, treating, and the basics of the NGL processes, while also focusing on general operations, various commercial contracts, and the financial nuances of the gas midstream sector.
Course Outline:
The Natural Gas Grid Gathering, transmission, distribution overview, gas composition and measurement, heating value, rich vs. lean gas, and gas quality
Gas and NGL Marketing Cash, index, and fixed pricing
Gas Gathering Operational aspects, right-of-way’s, pressures, line sizes, and various commercial terms
Gas Compression / Treating Low and high pressure, types of compressors, and types of treating
Gas Processing Operational Overview, various plants / recoveries, U.S. gas processing data, commercial deals (P.O.P, P.O.I, and fee based), plant allocations and settlement statements, strategies, and contract language
NGL’s What are NGL’s, fractionation, fractionator Data / locations, NGL markets, and pricing strategies
Form Contracts Processing Agreements, gathering contracts, NAESB Contracts, and NGL Specs
Gas Processing Contracts and Negotiations
(Coming Soon)
Course Description: This course will help those looking to master the ins and outs of gas processing, such as mid-stream companies and companies considering developing midstream assets. Learn about the elements of gas processing and become familiar with key strategies for successfully negotiating a natural gas contract.
Course Outline:
Gas and NGL Marketing Historical regulated times, restructuring, and deregulation
Gas Marketing Market factors, cash, index, hedging, historical and future prices
NGL Marketing Markets, transportation, fractionation, historical pricing, and indices
Processing Agreements Historical processing and agreements, current and future players, historical and current margins, and, historical and current thru-puts
Styles of Agreements Standard allocated P.O.P. deals, fixed fuel and recovery P.O.P. deals, keep whole and fee deals, and the evolution of processing deals and economics
Contract Terms and Language Pricing, term, delivery points, pressures, quality specs, economics, measurement, force majeure, and testing
Accounting and Negotiations Plant settlement statements, negotiating fees and percentages, and customer relations and strategies
Natural Gas Transportation and Scheduling
(Coming Soon)
Course Description: This course is for those interested expanding knowledge about pipelines – the “highways” of natural gas. From transportation and storage to scheduling and pricing, this course explores the movement of natural gas from production to consumption.
Course Outline: TBD