EnergyNewswatch

Midstream Oil and Gas Contracts

January 19, 2024 | Live Streaming Online

A BankWebinars.com Program

Click Here to register $895

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

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

FRIDAY, JANUARY 19, 2024

9:00 a.m. – 4:00 p.m. Central Time

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.

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