Midstream/Downstream Gas Business Fundamentals with a Challenging Learning Simulation Game

This six-week program covers the midstream and downstream sectors of the natural gas value chain with emphasis on technical concepts, commercial analysis, and global natural gas markets. This is a continuation of Unit G01 during which the discovered gas resource is commercialized. Weekly sessions include three hours of individual e-Learning and one-hour virtual session with an IHRDC mentor, who discusses the weekly learnings and introduces the business simulation assignments. Participants are then asked to evaluate alternatives and recommend decisions on the project simulation assignment for that week. During the program the learning is focused on five midstream and downstream gas value chain sectors.

Additional information

Program Type

Location

Unit

Full Program (Individual), Full Program (Team)

Dates

October 4 to November 19, 2021, March 14 to April 29, 2022, June 6 to July 22, 2022

$950$3,750

Clear

PROGRAM OVERVIEW

This six-week program covers the midstream and downstream sectors of the natural gas value chain with emphasis on technical concepts, commercial analysis, and global natural gas markets. This is a continuation of Unit G01 during which the discovered gas resource is commercialized. Weekly sessions include three hours of individual e-Learning and one-hour virtual session with an IHRDC mentor, who discusses the weekly learnings and introduces the business simulation assignments. Participants are then asked to evaluate alternatives and recommend decisions on the project simulation assignment for that week. During the program the learning is focused on five midstream and downstream gas value chain sectors.

SUBJECT AREA

Gas Business

TARGET AUDIENCE

Technical, commercial, and operations personnel who wish to gain a better understanding of the Midstream and Downstream Sectors of the Natural Gas value chain and how it integrates into the larger petroleum industry.

COMMITMENT

3-4 hours self-study and 1 hour online virtual mentored session per week for six continuous weeks.

LEARNING FORMATS

e-Learning self-study, individual or team participation in a competitive simulation game with a virtual mentor

SIMULATION SCENARIO

Individuals/teams analyze and evaluate various markets for natural gas with the objective of maximizing gas production and value. Best performing team wins the Team Prize

Program Content

PRE-LEARNING

Petroleum Industry Overview

Project Cash Flow Analysis

WEEK ONE

Natural Gas Pipeline Transportation and Tariffs

Introduction to Project Simulation Scenario; Analysis of Gas Pipeline Development Options

WEEK TWO

Gas Processing and LPG Facilities

Analyze Gas Processing Facility Alternatives

WEEK THREE

LNG Systems and Transportation

Evaluate LNG Export Alternatives

WEEK FOUR

Major Industrial Gas Markets: Power and Petrochemicals

Evaluate Power and Petrochemical Market Opportunities

WEEK FIVE

Natural Gas Distribution and Load Balancing

Select Gas Markets and Submit Integrated Project Development Decision

WEEK SIX

Mentor Summary of Gas Simulation Game Results