This workshop provides a comprehensive introduction to the business side of liquefied natural gas (LNG), covering the full value chain from production and liquefaction to shipping, regasification, and end-use markets. Participants will gain a clear understanding of LNG market dynamics, commercial structures, pricing mechanisms, and the strategic role of LNG in the global energy mix.

Workshop Objectives

• By the end of this workshop, participants will be able to:
  
• Understand the LNG value chain and its commercial drivers.
  
• Explain LNG pricing mechanisms and contract structures.
  
• Recognize global LNG trade flows and market dynamics.
  
• Evaluate the role of LNG in energy transition and future energy security.

About the Presenter

The workshop is led by an energy market professional in LNG projects, trading, and commercial operations. Drawing on real-world case studies and industry best practices, the presenter bridges technical concepts with business insights to provide participants with a strong foundation in LNG business fundamentals.

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Material Balance Modeling
November 28, 2026 - November 29, 2026
Material Balance Modeling

Material balance is one of the most direct methods available to a reservoir engineer for estimating hydrocarbons in place, identifying the drive mechanism and forecasting reservoir performance. It requires far less data than a full numerical model, and when it is set up correctly it produces results that can be defended in technical reviews and reserve audits.This workshop covers the complete material balance workflow as it is applied on producing assets. It begins by placing the reservoir within the integrated production system, then moves through data preparation and quality control, tank model construction, drive mechanism identification, and the use of analytical and graphical diagnostic tools. Participants work through the classical diagnostic plots, including Dake and Campbell, and learn how to read what each plot indicates about depletion, gas cap expansion and water influx.The second part of the workshop addresses history matching using both analytical and graphical techniques, determination of STOIIP, aquifer identification and sizing, and running prediction cases to generate production forecasts and recovery estimates. Results are compared against volumetric and simulation-based estimates so that participants understand where material balance is reliable and where a numerical model becomes necessary.The workshop is delivered at an advanced level and is intended for engineers who already work with production and pressure data and want a structured, repeatable method for in-place volumes, drive mechanism evaluation and performance prediction.