Midstream Oil and Gas Contracts
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Click Here to register $1695 ($895.00 for each course) |
If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event |
Two Courses: Midstream Oil and Gas Contracts and Midstream Accounting Midstream Oil and Gas Contracts As the effects of the COVID-19 pandemic continue, provisions in midstream contracts are of the utmost importance—including force majeure, minimum volume commitments, and adequate assurance of performance. This event will provide an in-depth look at those matters and give attendees the tools and understanding needed to effectively navigate complex agreements. Whether the contract is for purchase and sale or gathering and processing; for the engineering, procurement, and construction of pipelines and other facilities; or for master purchase or service agreements; there are many critical areas attorneys and commercial managers must focus upon to create a clear and effective contract for the company. This course will provide the following key takeaways:
Register for EUCI’s Midstream Oil & Gas Contracts course for an in-depth study of key considerations associated with putting a new contract in place, and how to negotiate more effective contracts with suppliers, customers, partners, and other counterparties. In addition, this course will address the fundamentals and strategies for effective negotiation. Each attendee will receive sample copies of the types of agreements and contracts discussed during the course. Learning Outcomes
AgendaWEDNESDAY, JANUARY 18, 2023 9:00 -9:30 a.m. :: Welcome and Introduction9:30 – 10:00 a.m. :: NAESB Gas Purchase and Sale Agreement10:30 – 10:45 a.m. :: Morning break 10:45 – 11:15 a.m. :: Legal Framework for Midstream Contacts11:15 – 11:45 a.m. :: Asset Management Agreements11:45 – 12:15 p.m. :: Negotiated Rate Agreements12:15 – 1:00 p.m. :: Lunch Break 1:00 -1:30 p.m. :: Pipeline Precedent Agreements1:30-2:00 p.m. :: Throughput and Deficiency Agreements and Firm Oil Pipeline Transportation Agreements2:00 – 2:30 p.m. :: Gathering and Processing Agreements2:30 – 2:45 p.m. :: Afternoon break 2:45 -3:15 p.m. :: Contract Renegotiation3:15 – 3:45 p.m. :: Interconnection Agreements for Gas and Oil Pipelines3:45 – 4:15 p.m. :: Gas Quality and Interchangeability Considerations in Interconnection Agreements4:15 – 4:45 p.m. :: ConclusionInstructorGlenn Benson, Partner, BakerHostetler One of the country’s leading representatives of onshore and offshore oil and gas producers on regulatory matters, Glenn Benson brings more than 24 years of experience and an uncommon familiarity with the Federal Energy Regulatory Commission (FERC) to his role on the BakerHostetler national Energy Industry practice team. He counsels clients across the energy industry on tariff and contract disputes before FERC, regulatory compliance and enforcement, and the negotiation of commercial transactions, including power purchase agreements, interconnection agreements, pipeline precedent agreements, asset management agreements, and oil and gas purchase and sale agreements.
Midstream Accounting January 19, 2023 | OnlineJoin EUCI for a 1-day fundamentals course on midstream accounting. Gas processing, NGL transportation and fractionation, oil, and the transportation of these products will be covered. This course is designed for Midstream Professionals who desire an understanding of the issues faced in accounting for gas plants, NGL liquids transportation and fractionation and oil transportation. This primary focus of this class will be on gas, gas processing, natural gas liquids and condensate. Topics covered in this course will include gas plant gathering and processing operations, fractionator operations, measurement issues of gas and NGLs including component balancing of systems, gas gathering and processing – Allocation and contract settlement (as seen from the viewpoint of both processor and upstream E&P accounting) will also be covered. After completing this course, attendees will be better prepared to apply both the basic and the deeper issues of midstream accounting. Learning Outcomes
AgendaTHURSDAY, JANUARY 19, 2023 9:00 a.m. – 4:00 p.m. : CENTRAL TIME Basics of Midstream – Gathering, Treating, Compressing and Delivery
Basic Allocation and Accounting of Gas Gathered, Processed, Purchased and Sold
Final Q&AInstructorDan Hodgson, CPA, Accounting Manager, Stakeholder Midstream, LLC Dan Hodgson is the Accounting Manager for Stakeholder Midstream, LLC., a midstream oil and gas company that provides in-field natural gas gathering, compression, treating, and processing services in the United States. Dan currently focuses on accounting and analysis for oil and gas midstream processing, treating and transmission. Mr. Hodgson also currently serving on the COPAS APA Board of Examiners and serves as the Chair of the COPAS Midstream/Downstream Subcommittee. Dan Hodgson works to assist management in making significant sound decisions and to raise the standard of Gas Plant and NGL accounting by leading and passing on knowledge and understanding.
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