PGS Energy Training

Midstream and NGL Basics - In Partnership with Reese Energy Training

A One-Day Classroom Seminar (CPE Approved)

Register Soon to get Early Bird Pricing.

This the essential seminar for anyone who seeks to understand the elements of the natural gas midstream and NGL industry. This seminar will give the attendee an excellent view of gas gathering, processing, compression, treating, and the basics of the NGL processes. It will focus on general operations, various commercial contracts, and the financial nuances of the gas midstream sector.

What You Will Learn

An excellent overview of the Natural Gas Grid
A detailed discussion on measurement and gas composition
Explanation of rich vs lean, wet vs dry, casinghead gas vs gas well gas
Gas and NGL Marketing details - pooling points, cash, index, NGL fractionation, T&F rates
Gas Gathering - pipe size, right of way, pipe and system pressures, terminology
Gas Compression and Treating - fees, fuel, low vs high psig, types of treating
Inerts / Contaminants - definitions, uses, safety issues
Operational nuances of Processing - various plants and recoveries, U.S. data, players
Commercial Midstream Deals - P.O.P., fixed fuel and recovery, fee based, keep whole
Midstream contract language and negotiation strategies
Details on NGL's - what are they? Heavy vs light, markets / uses, technical issues
Review of from contracts - NAESB, processing deals, gathering deals
Reese's future perspective on midstream sector in U.S.

Seminar Agenda

Untitled Document

Â 8:30 - 9:30 AM The Natural Gas Grid

Gathering, transmission, distribution overview

Gas composition and measurement

Heating value, Rich vs Lean Gas

Quality

9:30 - 10:30 AM Gas and NGL Marketing

Cash

Index

Fixed Pricing

10:30 - 11:30 Gas Gathering

Operational aspects, ROW

Pressures, line sizes

Various Commercial Terms

11:30 - NOON Gas Compression / Treating

Low vs. High Pressure

Types of Compressors

Treating Types

Commercial Fees for compression / treating

11:00 - 2:30 PM Gas Processing

Operational Overview

Various Plants / Recoveries

U.S. Gas Processing Data

Commercial Deals - POP, POI, Fee Based

Plant allocations / settlement statements

Strategies, Contract Language

Trends, Historical Players

2:30 - 3:30 PM NGL's

What are NGL's?

Fractionation

Fractionator Data / Locations

NGL Markets

Pricing Strategies

3:30 - 4:30 PM Form Contracts

Processing Agreements

Gathering Contract

NAESB Contract

NGL Specs

4:30 - 5:00 PM Today and Tomorrow

Reese's Price forecasting thoughts

Hot exploration and production areas

Hotel and Seminar Information

This one-day seminar will be held at the hotel below. The seminar will start promptly at 8:30 AM and will finish at 4:30 PM. The program includes continental breakfast, lunch and coffee breaks. Dress is casual for all seminars.

COVID 19 Information: Please click here for the PGS Covid-19 policy. You can confirm each hotel's specific COVID 19 policy using the link(s) provided below.

Registration Fee and Discounts

The price for this comprehensive two-day seminar is $695 (USD).

Additional attendees and government employees receive a 10% discount.
Register 4 or more attendees and receive 20% Off. Special pricing is available for groups of 5 or more.
If you want attendees to pay with separate credit cards or have other questions, please call (440) 853-1038 for assistance.

Payments and Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane • Hilton Head Island, SC 29926. Cancellations will result in a credit that is good for 2 years which can be transferred to a colleague. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.

CPE Credits in Specialized Knowledge

This live group seminar is eligible for 7.5 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.

PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd. Please inform PGS Energy Training that you are a GARP CPE participant upon seminar registration.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP's membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpd.

Who Should Attend

New hires, commercial reps, IT personnel, mid-level management, back office and accountants, gas control, and business development.

Prerequisites and Advance Preparation

There are no prerequisites. Calculators needed for the Midstream Course - Laptops not needed

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs.

Program Level & Delivery Method

Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level. Delivery method is "Group-Live.”

IN-PERSON CLASSROOM SEMINARS