Midstream Gas Processing Frac Spread What is it? Why is it important? The Midstream Value Chain Gathering / Processing NGLs Fractionation Transportation Storage Marketing Chemicals‚ fuels‚ blend stocks Residue Gas Transportation Storage Marketing Utilities‚ industrial Most Raw gas produced at the wellhead is not pipeline quality Must be processed Ethane Propane Normal Butane IsoButane Natural Gasoline How midstream companies make money Gathering – fee/ commodity based Processing
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| Distillation is defined as: `Distillation is based on the fact that the vapor of a boiling mixture will be richer in the components that have lower boiling points.Therefore‚ when this vapor is cooled and condensed‚ the condensate will contain more volatile components. At the same time‚ the original mixture will contain more of the less volatile material. Distillation columns are designed to achieve this separation efficiently.Although many people have a fair idea what “distillation” means‚ the
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Pro forma statement analysis The outputs from the financial planning model are projected financial statements called pro forma financial statements. In finance and accounting‚ the term pro forma means forecasted or projected (Parrino‚ 2012). These statements are prepared on the basis of the inputs and assumptions that are fed into the financial model. This paper presents an analysis of the pro forma income statement and pro forma balance sheet of a fictitious company called XYZ Company inc. Appendix
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Analyzing Pro Forma Statements FIN 571 Kent Kelly February 2‚ 2015 Suzanne Elliot Financial statements that are prepared by a company to consider the effects of potential activity is considered a pro forma statements. A financial statement shows the projected or forecast of operating results and balance sheet‚ and statement of cash flows. The company XYZ Company Inc. is planning to expand their company in the next five years. This paper will review and discuss XYZ’s Company’s five year plan to
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Analyzing Pro Forma Statements FIN/571 David Binder October 20‚ 2014 XYZ Inc. In order to create an initiative for growth‚ an analysis of the company ’s short term and long term financing needs are assessed to determine strategies for the company to manage working capital. The suggested initiative to increase XYZ Company‚ Inc. revenue over the next five years is by acquiring assets through a merger with UVW Company to produce more of product X. Companies must be able to manage growth either
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percent increase in sales‚ the pro forma income statement will look like this: MOOSE TOURS INC. Pro Forma Income Statement Sales $ 1‚114‚800 Costs 867‚600 Other expenses 22‚800 EBIT $ 224‚400 Interest 14‚000 Taxable income $ 210‚400 Taxes(35%) 73‚640 Net income $ 136‚760 The payout ratio is constant‚ so the dividends paid this year is the payout ratio from last year times net income‚ or:
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Selected Companies Pro Forma Apple has become very successful in the technology industry. The company has increased its net sales from 2006 to 2007‚ which proves they are making good capital budgeting decisions. A pro forma income statement and balance sheet showing the future planning and growth of a company. The pro forma income statement and balance sheet will explain a cash budget‚ underlying assumptions of calculations‚ calculations of different ratio analysis‚ and make recommendations to management
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Håvard Devold Oil and gas production handbook An introduction to oil and gas production ISBN 978-82-997886-1-8 PREFACE This handbook has been compiled for readers with an interest in the oil and gas production industry. It is an overview of the main processes and equipment. When we searched for a suitable introduction to be used for new engineers‚ I discovered that much of the equipment is described in standards‚ equipment manuals and project documentation. But little material was
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The global oil and gas industry also involves the exploration and production of commodity and energy trading‚ pipeline monitoring and renewable energy. Petroleum is proved to be one of the most valuable commodities in the world today and a vital factor in the sustenance of industrial civilization. Crude oil production accounts for a significant amount of the world’s oil consumption‚ approximately 53% in the Middle East‚ 32% in Europe and Asia‚ 44% in South and Central America‚ 41% in Africa and
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What happens when oil does peak? by Joel Bainerman Peak oil is often referred to as "Hubberts Peak"‚ a geophysicist who observed that oil well production followed a bell curve. According to the mainstream‚ convention view‚ peak oil is set to occur around 2006-2008. When peak oil occurs‚ production will decline approximately 3% per year at a time where global demand is increasing at 3% per year. What will all this mean for you and me- the average folk? Which industries will suffer the most- and
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