Get Me to School on Time – School of Energy Online Now In Session

Did you miss our School of Energy a few weeks back in Houston? Not a problem! The entire School of Energy conference is now available online in streaming video format. The conference video, presentation slides and spreadsheet models are available for purchase as individual Modules or as a full conference package. It’s the next best thing to being there!  School of Energy is unlike other natural gas, NGL or crude oil conferences.  It combines all three!  And the curriculum includes a comprehensive analysis of current energy markets and in-depth instruction on how to use RBN spreadsheet models covering everything from production economics to gas processing.  We walk through key developments for each of the three hydrocarbons including the increasingly important links between them.  Fair warning – today’s blog is a blatant advertorial. 

School of Energy Online Overview

We videoed more than seventeen hours of the Fall School of Energy and that is the core material that we are making available.  Recognizing that everyone might not have seventeen hours to spend with our videos, we’ve organized School of Energy Online into seven modules (run times in parenthesis after each module name): 

Module 1 – Introduction, Fundamentals and Models Overview (1:30)

Module 2 – Production Economics (1:16)

Module 3 – Natural Gas Markets (3:12)

Module 4 – Crude Oil Markets (3:03)

Module 5 – Natural Gas Liquids (4:11)

Module 6 – International Day (3:45)

Module 7 – What It All Means (0:27)

Note that International Day was actually the first day of the conference.  But the content fits better at the end. For that reason, the four and one-half hours of international content has been carved out of the initial modules and placed at the end of the Online Course.

Modules 2-5 may be purchased individually for $350 each.  Full access to Modules 1, 6, and 7 is included with the purchase of any of Module 2-5.  The complete conference with all Modules can also be purchased for $900, a discount of $500.  Backstage Pass customers are also eligible for a 10% discount.

Purchase School of Energy Online HERE!

MODULE #1: Introduction, Fundamentals and Models – Rusty Braziel and David Braziel

Module #1 combines an overview of the new realities of energy markets following the late-2014 collapse in crude oil prices with an introduction to energy market fundamentals.  We examine developments in the markets referenced by RBN as the “drill-bit hydrocarbons”.  The term groups together the three hydrocarbons created by the business end of a drill bit and produced from a well – natural gas, natural gas liquids and crude oil. It is that drill bit, the way it is used to drill horizontally, and the hydraulic fracturing techniques applied downhole once the well has been drilled, along with other technologies facilitating the process of drilling and completing wells, that launched and continues to drive the Shale Revolution.  Module #1 is included for free with the purchase of any other Module.

The sections in Module #1 are:

1. Exports, Exports, Exports
2. The Magic Dust of the Shale Revolution
3. The Domino Effect: Natural Gas, NGLs, Crude Oil
4. Market Fundamentals, Capacity/Flows, Price Differentials, Capacity
5. Understanding Energy Fundamentals Models

MODULE #2: Production Economics – Rusty Braziel and David Braziel

Natural gas, NGLs and crude oil – the drill bit hydrocarbons - may look different and have different end-use markets, but each of these products share a common production source – the wellhead.  And they have something else in common.  The economics of extracting these hydrocarbons has been changed radically by shale technologies.  Module #2 explores extraction economics and forecasting methodologies for the three drill bit hydrocarbons.

The sections in Module #2 are:

1. Production Economics, Unconventional vs Conventional Production, The Link to Investment Returns and Price
2. Well Cost, Production Rates, Decline Curves and Other Variables
3. All Shales are Not Created Equally, Market Impact of Shale Economics
4. Model 2.1 - Production Economics