1. Introduction to Natural Gas
a. What is Natural Gas – physical properties of natural gas
b. Measurement of Natural Gas – volume vs. heating content
c. Where does Natural Gas come from? – what is this shale stuff anyway?
d. US and World reserves of Natural Gas
e. Uses of Natural Gas – from home use to power generation
2. Exploration through Distribution
a. Exploration – the expanding role of technology
b. Drilling – onshore and offshore
c. Production - Life at the Wellhead
d. Measurement – the “cash register” for natural gas
e. Treating / Processing – taking out the good and the bad
f. Transportation – safely moving natural gas
g. Storage – types and uses
h. Distribution – the final mile
3. Buying, Selling, Marketing – The Business Side
a. NAESB
b. Buying and Selling
c. Industry Participants – from producers to brokers
d. Fixed vs Index
e. Natural Gas Pricing – what influences natural gas pricing
f. NYMEX – past and future
4. Transportation Service Providers Known As Pipelines
a. Interstate Transportation – firm and interruptible
b. Can Gas Really Go Backwards? – how do backhauls work?
c. Capacity Release
d. Storage Services
e. Intrastate and Hinshaw Pipelines
f. Nominations and Confirmations
g. Allocation and Balancing
h. Flow Orders – maintaining safe pipeline operations
i. Other Services
j. Rate Design – how pipelines make their money
5. The Paper Side
a. Purchase / Sale Contracts – elements of a standard agreement
b. Operational Agreements
c. Invoicing
6. Regulatory – From the Natural Gas Policy Act to Today
a. Natural Gas Act
b. NGPA 1978
c. Pipeline Unbundling
7. The Future
a. Production – future of non-conventional gas
b. Consumption – where are we going to use all this gas?
c. Power Generation – the “repowering” of America
d. Final Thoughts