This graphic illustrates the various steps in the process of getting crude oil and natural gas from the wells all the way to market. As you can see, there is wellhead aggregation (gathering), the "cleaning" of the raw stream, and production of valuable natural gas liquids (processing or refining), the transportation and storage, and finally, the distribution and retail delivery to the various end-users. As you will see, each step along this "path" will have some costs associated with it and most will represent an opportunity for generating revenue. These will add to the total profit that can be derived from the initial wellhead product.
At the successful completion of this lesson, students should be able to:
- Define the steps in the movement of natural gas from the wellhead to the end-user (“wellhead-to-burnertip” path).
- Recognize the “value chain” along the path.
- Understand the general methods of transporting natural gas from well to end-user.
- Processing & Natural Gas Liquids (NGLs)
- Become familiar with both the domestic and global markets for LNG.
What is due for this lesson?
This lesson will take us one week to complete. There are a number of required activities in this module. The chart below provides an overview of the activities for this lesson. For assignment details, refer to the location noted.
All assignments will be due Sunday, 11:59 p.m. Eastern Time.
|REQUIREMENT||LOCATION||SUBMITTING YOUR WORK|
|Reading Assignment: Natural Gas - From Wellhead to Burner Tip||Reading Assignment page||No submission.|
|Mini-lecture: Production and Gathering||Mini-lecture: Production and Gathering page||No submission.|
|Mini-lecture: Processing and Natural Gas Liquids||Mini-lecture: Processing and Natural Gas Liquids page||No submission.|
|Mini-lecture: Transmission Pipelines||Mini-lecture: Transmission Pipelines page||No submission.|
|Mini-lecture: Storage||Mini-lecture: Storage page||No submission.|
|Mini-lecture: End-Users page
Mini-lecture: LNG page
|Energy CommoditiesActivity||LessonActivity page||Submit to Canvas|
|LessonQuiz||Summary and Final tasks page||Submit to Canvas|
|Fundamental Factors||(on-going)||Submit to Canvas|
If you have any questions, please post them to our General Course Questions discussion forum (not e-mail), located under Modules in Canvas. The TA and I will check that discussion forum daily to respond. While you are there, feel free to post your own responses if you, too, are able to help out a classmate.