Introduction to Midstream

This program focuses on the processes of Gathering, Transportation, Storage and Trading.

Who Should Attend:

Employees of exploration and production companies who have financial responsibility for hydrocarbon production and sales. Also those who perform the accounting functions for marketing, transportation and midstream operations and employees of audit firms who do revenue and midstream audits.

Prerequisites: None

Upon Completion of the Program, Participants Will:

· Gain a working knowledge of what happens to both the product and the money after the hydrocarbon is produced

· Understand the operations of the marketing and trading departments of an E&P company

· Understand the differences and similarities of the financial and physical handling of oil versus natural gas

Key Topics and Objectives:

Overview of Midstream Functions and Operations

Supplies of Oil and Gas

Separation of Oil and Gas at the Wellhead

Gathering of Oil and Gas

Transportation of Oil and Gas

Storage of Oil and Gas

Trading of Oil and Gas

Hedging of Oil and Gas (futures and derivatives)

Midstream Players and Objectives for both Oil and Gas

Quality programs – offered on-site and adapted for your company. Contact Jim Hoffman at 214.763.9644 or via email at jhoffman@pdi.org. Visit us online at www.pdi.org