Webinars

Natural Gas Markets Basic Training

Course Summary

This is a six hour, two-part foundation course covering the natural gas industry. This course provides an overview of how the gas industry is structured, who the industry players are, how deals are made, key terminology, and how the deregulation process is unfolding. It also covers the topics of the transition from a regulated to a deregulated environment, and how transactions and risk management functions are handled within the industry.

For more information, call 281-902-5105, or write to training@skippingstone.com.

As a result of this training, you will be able to:

• Understand the evolution of the natural gas industry
• Understand how the deregulation process is unfolding
• Understand how the natural gas industry is structured
• Know who the key players in the industry are
• Gain an understanding of how deals are made
• Understand how transactions and risk management functions are handled

Who Should Attend?

Personnel new to the Gas Industry, Accounting, Finance and Back-Office Personnel, Marketing, Sales and Management Personnel, and anyone who needs a refresher course about the gas industry.

Course Level - Basic
CPE Credits - 8.0
Advanced Preparation - None Required
Course Prerequisites - None Required

Course Content

(Each participant will receive a comprehensive manual in hardcopy for use during the webinar and future reference.)

I. General Overview

II. Regulatory Overview

• Historical Perspective
• Federal Energy Regulatory Commission (FERC)
• State Utility Commissions

III. Learning the Language

• A Glossary of Terms

IV. Industry Components/Players

• Exploration; Production; Gathering; Processing
• Transportation Pipelines; Storage; LDCs/Distribution Pipelines
• Marketers; End Users
• Component Flow Chart

Part II - Second 3-hour Webinar

V. Risk Management

• Risk Management; Price Discovery; Capacity Release

VI. Transaction Chain of Events

• Types of Events
• Nominating and Balancing
• Deal Mathematics

VII. Transaction Paperwork

• Transaction Flow Chart
• Customer Set-Up Packet; Contracts; Flow Confirmation
• Billing

VIII. Open Discussion and Questions

 

Skipping Stone Inc. 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Telephone: 615-880-4200.

For more information on Natural Gas Basic Training Webinars contact us at training@skippingstone.com.

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