Gas Marketing Intern
LOCATION
Not specified
QUALIFICATIONS
Currently pursuing a Bachelor's in Energy Management, Finance, Economics, Mathematics, or a related discipline. Preferred graduation dates of December 2024 or May 2025.
RESPONSIBILITIES
Assist in scheduling, monitoring pipeline maintenance, managing imbalances, communicating nominations, verifying trade deals, preparing weekly trade reports, maintaining sales portfolio forecasts, adhering to internal controls, and supporting daily trading report preparation.
INDUSTRY
Natural Gas Marketing
SHORT DESCRIPTION
This internship focuses on scheduling, forecasting, and trading functions in gas marketing, enhancing skills in data entry, communication, and compliance with industry regulations.
Position Summary:
Gas Marketing Internship that will be focused on the scheduling, forecasting and trading functions. Primary responsibilities of this position will be to assist our scheduling team to ensure Range's production and sales are being scheduled seamlessly. In addition will also be assisting with updating our forecasting and capacity models related to evaluating our transportation and sales portfolio along with executing bid week strategies through physical gas trading, optimization of pipeline capacity and origination of new customer relationships. Will be expected to effectively communicate with our operations team, interstate pipelines, midstream providers, sales team and management regarding our gas marketing activities.
Responsibilities:
- Ensure that nominations on various pipeline(s) are in place before the end of the timely cycle
- Monitor planned maintenance on pipeline (s) and communicate any impacts to various Range teams
- Assist with monitoring and managing imbalances on pipelines and executing plans to correct
- Communicate nominations to the scheduling analysts and assist with input into the Allegro database
- Review deals entered into Allegro with the deal confirmation and notifies the trader of any discrepancies with the Counterparty, Price, term, etc. Work with the trader to reconcile the discrepancy
- Assist with preparation of Weekly Trade Reports that are approved by the VP of Marketing Verify Trade Deals Details in Ranges System of Record
- - Allegro
- Assist with maintenance of the sales portfolio forecast model by adding the transactions made by the sales team and the updated forecasts from the various planning divisions
- Work closely with Marketing Analysts and sales team to identify differences the production forecasts as well as how we utilize transportation
- Adhere to all Internal Range Controls to Insure Compliance with all Credit and Risk Policies - SOX documents
- Follow and Abide by all FERC Rules and Regulations pertaining to Trading of Natural Gas
- Assist with maintaining the Daily Trading Report for the Trading Manager for morning Strategy Meetings that provide an overview of the price differences between popular sales areas to start familiarizing themselves with the different sales points that are relevant to Range
- Data entry and verification of Trade Deals into Ranges Trading System - Allegro
Requirements: Currently pursuing a Bachelors in Energy Management, Finance, Economics, Mathematics or related discipline. Prefer graduation dates of December 2024 or May 2025.
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