Midstream Oil & Gas Contracts

Midstream Oil & Gas Contracts

January 18, 2023 | Online :: Central Time

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: 

  • General contract terms
  • FERC jurisdictional issues
  • Construction contracts
  • Other project development agreements
  • Gathering and processing agreements
  • Pipeline ROW
  • Environment, health and safety issues

Register now 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

  • Discuss interrelationship between midstream contracts and business objectives
  • Describe the basics of contract drafting
  • Review special contract positions
  • Assess environmental and real estate issues with midstream contracts
  • Explain downstream sales of oil, natural gas, NGLs, and other petroleum products
  • Describe gathering and transportation agreements
  • Address processing and fractionation agreements
  • Discuss confidentiality agreements

    Agenda

    Wednesday,  January 18, 2021 : Central Time

    8:45 – 9:00 a.m.
    Log In and Welcome

    12:15 – 1:00 p.m.
    Lunch Break

    9:00 a.m. – 4:00 p.m.
    Course Timing

    Short breaks will be taken throughout the course

    9:00 -9:30 a.m. :: Welcome and Introduction

    9:30 – 10:00 a.m. :: NAESB Gas Purchase and Sale Agreement

    10:30 – 10:45 a.m. :: Morning break

    10:45 – 11:15 a.m. :: Legal Framework for Midstream Contacts

    11:15 – 11:45 a.m. :: Asset Management Agreements

    11:45 – 12:15 p.m. :: Negotiated Rate Agreements

    12:15 – 1:00 p.m. :: Lunch Break

    1:00 -1:30 p.m. :: Pipeline Precedent Agreements

    1:30-2:00 p.m. :: Throughput and Deficiency Agreements and Firm Oil Pipeline Transportation Agreements

    2:00 – 2:30 p.m. :: Gathering and Processing Agreements

    2:30 – 2:45 p.m. :: Afternoon break

    2:45 -3:15 p.m. :: Contract Renegotiation

    3:15 – 3:45 p.m. :: Interconnection Agreements for Gas and Oil Pipelines

    3:45 – 4:15 p.m. :: Gas Quality and Interchangeability Considerations in Interconnection Agreements

    4:15 – 4:45 p.m. :: Conclusion

    Instructor

    Glenn 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.

     

    Online Delivery

    We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

    • IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
    • You will receive a meeting invitation will include a link to join the meeting.
    • Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
      • You will need to join the appropriate meeting at the appropriate time.
    • If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
    • The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

    Register

    Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

    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

    REGISTER NOW FOR THIS EVENT:

    Midstream Oil & Gas Contracts

    January 18, 2023 | Online
    Individual attendee(s) - $ 895.00 each

    Volume pricing also available

    Individual attendee tickets can be mixed with ticket packs for complete flexibility

    Pack of 5 attendees - $ 3,580.00 (20% discount)
    Pack of 10 attendees - $ 6,265.00 (30% discount)
    Pack of 20 attendees - $ 10,740.00 (40% discount)

    Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before December 16, 2022 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

    CEUs

    Credits

    AP_Logo

    EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

    EUCI is authorized by IACET to offer 0.6 CEUs for this event.

    Requirements for Successful Completion of Program 

    Participants must log in each day and be in attendance for the entirety of the course to be eligible for continuing education credit.

    Instructional Methods

    Case studies and PowerPoint presentations will be used in this program.


    Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

    Course CPE Credits: 6.5
    There is no prerequisite for this Course.
    Program field of study: Specialized Knowledge
    Program Level: Basic
    Delivery Method: Group Internet Based
    Advanced Preparation: None

    CpeEUCI 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 submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

     

    Who Should Attend 

    • Contract administrators
    • Contract negotiators
    • Sales, marketing and commercial personnel
    • Financial specialists
    • Operators, planners and analysts
    • Suppliers and shippers
    • Bankers, lawyers and specialist advisors to the midstream oil and gas industry
    • In-House Counsel

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