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.
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 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
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.
New hires, commercial reps, IT personnel, mid-level management, back office and accountants, gas control, and business development.
There are no prerequisites. Calculators needed for the Midstream Course - Laptops not needed
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.