Business, Finance, & LeadershipPPDC

This course is designed for those who already have a basic understanding of gas gathering, processing and marketing and are part of, or directly work with, a marketing department, but wish to have a greater understanding of the mathematical calculations and contractual wording in gas, crude and natural gas liquids (NGL) marketing contracts.

This course will provide an understanding of (a) determining the physical properties of a natural gas stream, (b) what physically occurs in gas gathering, compression, dehydration, treating and gas processing, (c) pros and cons of different gas contract structures, (d) an in-depth analysis of gas settlement statements using different gas contract structures, (d) a detailed study of key gas contract provisions and what they mean, and (e) how commodities at the tailgate of a gas processing plant are marketed and priced.

course DATES

Spring 2025

Cost

$550

Location

Registration

COURSE DETAILS

• BUSA 1092; 8 Hours, 0.8 CEUs
• COST: $550 (out-of-state participants add $25 to course fee)
• Minimum 5 students required to run course

This one day course introduces the key metrics used to analyze the performance of oil & gas companies. Specifically designed for those who work in the Energy Finance profession, this course will teach participants how to calculate and use performance metrics to gain quantitative and qualitative insight into the underlying strength of an oil & gas company. Topics include operational analysis, margin and cash flow analysis, reserves growth and validation, capital efficiency, return on investment, and other combinations of performance metrics that provide clear insight into overall company performance. Using clear non-technical language and relevant examples, this course provides participants with a better understanding of how performance metrics can be used to quickly spot underperformance, proactively improve and optimize current performance, and ensure all performance targets and objectives are met.

course DATES

TBA

Cost

$400

Registration

COURSE DETAILS

• PTRT 1091; 8 Hours, 0.8 CEUs
• COST: $400 (out-of-state participants add $25 to course fee)
• Minimum 5 students required to run course

INTERESTED?
Contact: Marina Rodriguez
Coordinator PPDC
432-683-2832
cepetroleumtraining@midland.edu

This course is designed for those whose jobs are affected by the commercial transactions entered into by gas, crude and natural gas liquids (NGL) marketers, such and landmen, accountants, division order, administrative and engineers not directly involved in marketing on a daily basis.

This course will provide an understanding of (a) the components of natural gas and uses of those components, (b) what physically occurs in gas gathering, compression, dehydration, treating and gas processing, (c) how the commodities at the tailgate of a gas processing plant are marketed, (d) the basic structure of, and terminology used in, a gas contract, (e) how to read a gas settlement statement, (f) how NGLs are priced and marketed, and (g) how crude oil is priced and marketed.

course DATES

Spring 2025

Cost

$450

Location

Registration

COURSE DETAILS

• BUSA 1092; 8 Hours, 0.8 CEUs
• COST: $450 (out-of-state participants add $25 to course fee)
• Minimum of 5 students required to run course

INTERESTED?

The Economic Evaluation and Investment Decision Methods course has been presented over 1,300 times by Franklin J. Stermole, John M. Stermole, and Andrew H. Pederson to more than 23,500 participants in the United States and abroad. Organized for managers, engineers, geologists, landmen, scientists, accountants, and others concerned with evaluating investments, this course relates to the economic analysis of income producing and service producing investments using discounted cash flow analysis criteria and procedures.

The course covers economic analysis techniques used to optimize the development and operation of petroleum and non-natural resource production and processing operations.

The course textbook, Economic Evaluation and Investment Decision Methods 16th Edition, 2019 by Franklin J. Stermole, John M. Stermole and Andrew H. Pederson, demonstrates the evaluation techniques presented using a variety of applications for people with technical and non-technical backgrounds, with or without previous evaluation experience.

In addition to a laptop with Excel, all participants should bring paper and pencil. If you don’t have a laptop, one alternative is a financial calculator such as the HP10BII which generally is available at Office Depot or on line at www.hpshopping.com. Apps for this model of calculator are available for smart phones at a fraction of the cost. The calculator is only necessary if you don’t have Excel.

Course DATES

spring 2025

Cost

$3,300

Location

Registration

COURSE DETAILS

• BUSA 1092; 28 Hours, 2.8 CEUs
• COST: $3,300 (out-of-state participants add $25 to course fee)
• Minimum 5 students needed to run course

This two-and-a-half-day course covers all aspects of reserve reporting -from concepts to validation. Specifically designed for those within the Energy Finance community, participants will learn how to understand, use, and validate a reserve report. Using clear and non-technical language, this course uses modules to introduce basic reservoir concepts, reserves definitions, the preparation of a reserve report and the wide variety of metrics and methodologies used to validate a reserve report. Throughout the course, real-world data, field examples, and reserve software are used to emphasize and demonstrate key concepts. Upon conclusion, participants will have gained a better understanding of how to proactively review, analyze and validate a reserve report; and perhaps more importantly, how to identify the underlying risks not readily apparent in a typical reserve report.

COST: $700 (out-of-state participants add $25 to course fee)

Course DATES

TBA

Cost

$700

Location

Jack E. Brown Conference Hall
Midland College Main Campus

Registration

COURSE DETAILS

• PTRT 1091; 18 Hours, 1.8 CEUs
• COST: $700 (out-of-state participants add $25 to course fee)
• Minimum 4 students required to run course

Engaging & Influential Leader

This course is a comprehensive course designed to equip participants with the fundamental knowledge, skills, and strategies required to excel as effective leaders & mentors in diverse professional settings. This course empowers individuals to confidently lead and create a positive coaching and developmental impact within their teams and organizations by exploring various topics, from understanding leadership and team coaching principles to mastering the art of influence.

Target Audience: This course suits individuals new to management roles or aspiring to become managers and experienced managers who want to enhance their leadership skills and knowledge.

Training Outcomes: Through interactive exercises, case studies, and discussions, participants will gain practical skills and knowledge that can be immediately applied in their leadership roles. They will leave the course equipped with the tools and insights needed to navigate generational differences, unlock their coaching potential, and excel as influential leaders in their respective fields.

course DATES

Summer 2025

June 16 - 17
Time: 8:30 am - 4:30 pm

Cost

$2,242.70

Location

Jack E. Brown Conference Hall
Midland College Main Campus

Registration