Gas Business Fundamentals Workshop

Duration:5 DAYS

This very popular program is designed for specialists and general managers who wish to broaden their knowledge of today’s international gas business with an emphasis on the commercial aspects of gas project development.

Unit One covers the upstream sectors of the gas value chain with focus on exploration, drilling and well completions, reserves calculations, and fi eld development planning topics.

Unit Two subjects describe the entire midstream and downstream gas sectors with emphasis on technology, project economics, and markets that shape the international gas industry today.

WHO SHOULD ATTEND

This program will benefit management, administration, and specialists (technical, financial, legal, regulatory, and governmental) at all levels of gas industry experience who wish to broaden their knowledge of the business environment and “best practices” of the natural gas business, especially the commercialization of gas projects.

UNIT ONE: UPSTREAM GAS BUSINESS (2 DAYS)

Gas Properties, Measurements, and Conversion Factors
Gas Market Structures and Analysis
Host Government Agreements (Overview only)
Exploration Methods (Overview only)
Drilling and Well Completions (Overview only)
Cost of Supply, Energy Project Economic, and Proforma Analysis
Reservoir Characterization and Estimating Resources and Reserves
Gas Field Design and Development (Overview only)

UNIT TWO: DOWNSTREAM GAS BUSINESS (3 DAYS)

Surface and Gas Processing Facilities and LPG / Ethylene Markets
Load Balancing and Underground Gas Storage
Gas Pipeline Systems
Gas-Fired Power Plants
Gas Distribution
Ammonia, Methanol, and Gas-to-Liquids Projects
LNG Systems and Transportation
Industry Regulation, Deregulation, and Convergence

ATLANTIC BASIN GAS BUSINESS GAME: EXPETRA

Expetra - MapThis business game is an integral part of the learning process. Participants, divided into teams, make real-life technical, financial, and market decisions that commonly confront managers in the international gas business today. Team performance is measured on a financial basis and is catalyzed by healthy competition.

The challenging Atlantic Basin business game takes place in “Expetra,” a small island country in the Caribbean, north of Trinidad. Gas and condensates are expected to be discovered in the deep offshore. Teams enter into exploration agreements, explore for and discover hydrocarbon resources, and then decide on the best way to market them over a 15-year production period. Markets include LNG exports to the U.S. and Europe, LPG and ethylene plants, gas pipeline to Miami, gas distribution and storage operations in the U.S., power plants in the U.S. and Expetra, and export-focused ammonia, methanol, and gas-to-liquids plants in Expetra.

INSTRUCTORS

Erhan Aslan, PhD
John B. (Jack) King, MBA