Energy Training & Electric Power Classroom Seminars

Midstream and NGL Basics - In Partnership with Reese Energy Training
A One-Day Classroom Seminar (CPE Approved)
Register soon to get Early Bird pricing!
Houston, TX - April 17, Hotel Indigo Houston at the Galleria

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. Click here to register.

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


 8:30 - 9:30 AM The Natural Gas Grid

Gathering, transmission, distribution overview

Gas composition and measurement

Heating value, Rich vs Lean Gas


9:30 – 10:30 AM Gas and NGL Marketing



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?


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

Who Should Attend this Seminar

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

Program Level

Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.

Delivery Method


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. View Past Seminar Attendees

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.
April 17
Hotel Indigo Houston at the Galleria
5160 Hidalgo Street
Houston, TX 77056
Telephone: (713) 621-8988
Because of the diversity of hotels found in the area, PGS Energy Training will not be holding a block of sleeping rooms with one particular hotel. Should you need a list of local hotels in the area, please contact us at (440) 853-1038 and we can help you with your accommodations.
Registration Fee and Discounts

Register Today!. The price for this comprehensive one-day seminar is $695 (USD).

Early Bird Special: Register on or before Feb 28, 2018 and save an additional $100 per order!
Register soon to get Early Bird pricing. A limited number of Early Bird seats are available.
  • Additional attendees and government employees receive a 10% discount.
  • Members of TOGA, AIPRO, INGAA or IOGA-NY receive a 15% discount. Please call (440) 853-1038.
  • Sign up for 4 or more classroom seats during the same month and all attendees will receive a 20% total discount.
    (If you plan to register 4 or more classroom seats for the same seminar, but want attendees to pay by separate credit cards, register one party now and mention this fact in the "Comments" section of the registration form. We will manually subtract the 20% discount from the first registrant's seminar fee and will call you to obtain the credit cards and registration information for your other attendees in order to give them their 20% discount. If applicable the Early Bird discount of either $200 or $100 will be divided evenly between all participants.) Please call (440) 853-1038 for more information.
    Special pricing is available for groups of 5 or more. Please call Janice Ohmura at (440) 853-1038.
Payment and Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club, 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 can be made up to five (5) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but a one year full seminar credit will be given toward future workshops upon receipt of $175 which will used to help offset the non-refundable food, beverage, manual and other expenses incurred by PGS. This one year seminar credit is good for any PGS Energy Training program except for seminars offered by PGS affiliate organizations. Colleague substitutions may be made at any time. If PGS needs to cancel a seminar due to instructor unavailability, lack of attendance or other unforeseen reason, you will be offered the choice of rescheduling for another seminar, a seminar credit, or a refund. 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 & Applications

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: CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements. PGS telephone seminars are eligible for CPE credits only if seminar participants use the printed seminar slides - not the Internet posted slides.

PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. PGS Energy Training has determined that attending Midstream and NGL Basics - In Partnership with Reese Energy Training qualifies for 7.5 GARP CPD credit hours. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at

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

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