"A key issue in successful deployment of energy trading, transaction and risk management software is the ability to expose users to the true power of the system early in the implementation. Allegro's unique implementation approach facilitates this with the benefit that implementation risks and time to deployment are substantially reduced."

UtiliPoint International, Industry Analyst

Petroleum Learning Path (ACP-PE) PDF Print E-mail

This commodity path teaches you how to manage inventory and transportation logistics requirements. Scheduling of all transportation modes are covered, including rail, trucks, vessels, pipelines and barges. You will learn how to integrate product storage, physical processing and transport data into all related processes, from trading and settlement to financial reporting.

PE201 Contract

In this course, is designed to be the first course a Petroleum professional should take.   Participants will first learn how to navigate the Allegro UI as well as how to use the Contracts component to capture and manage all petroleum contract-related information throughout the entire contract management lifecycle.  Participants will learn how to:

  • Navigate the Allegro Application
  • Create counterparties
  • Create contracts
  • Perform contract approvals
  • Manage contract changes and amendments
  • Configure key contract parameters
Duration: 70 minutes
PE202 Price

This course explains the setup and use of index pricing including composite indexes.   After completing this course, the participant will be able to:

  • Capture current, forward, posting, compositie and service indexes
  • Define price levels (avg, high, low, prompt, deliv, settle and posted)
  • Utilize time periods and pricing events
  • Configure tiered pricing
  • Configure price structures for component pricing
  • Capture fee (tiered, mix/max quantity, and provisional)
Duration: 50 minutes
PE203 Trade Execution

This course will give participants the knowledge and skills they need to capture petroleum deals.  Participants will learn how to capture

  • Cargo trades
  • Crude oil wellhead
  • Component
  • Evergreen
  • Bridging
  • Physical exchanges
  • Internal trades
Duration: 75 minutes
PE301 Vessel

In the Vessels class, participants will be provided an overview of scheduling, shipment and actualization for petroleum transported on a vessel.   After completing this course, participants will be able to:

  • Configure vessel parameters
  • Create vessel shipments
    • Buy to sell
    • Buy to Inventory
    • Inventory to Sell
    • Inventory to Inventory
    • FOB
    • Bookouts
  • Maintain vessel events
    • Capture vessel event
    • Capture event based pricing
    • Capture vessel documents
  • Add fees to shipments
  • Capture vessel actuals
  • Evaluate physical position reports
    • Physical inventory
    • Comparative physical position
    • Physical trader position
Duration: 110 minutes
PE302 Barge

Participants will be trained on how to schedule, ship and actualize petroleum shipped via barge.  After completing this course, participants will be able to:

  • Configure barge parameters
  • Create and manage barge shipments
    • Buy to inventory
    • Inventory to sell
    • Inventory to inventory
    • Buy to sell
    • FOB shipments
    • Create a bookout
  • Maintain barge events
    • Capture barge event
    • Capture event based pricing
    • Capture barge documents
  • Add fees to shipments
  • Capture barge actuals
  • Evaluate physical position reports
    • Physical inventory
    • Comparative physical position
    • Physcial trader position
Duration: 100 minutes
PE303 Rail

Participants learn how to the use the Rail component to create schedules and manage rail shipments. Participants will learn how to:

  • Configure rail parameters
  • Create and manage rail shipments
    • Buy to inventory
    • Inventory to sell
    • Inventory to inventory
    • Buy to sell
  • Add fees to shipments
  • Capture rail actual
  • Capture event based pricing
  • Capture shipment documents and remarks
  • Evaluate physical position reports
Duration: 90 minutes
PE304 Truck

Participants learn to manage and path scheduling and transportation for NGLs, crude oil and refined products shipped by truck.  Upon completion, participants will be able to:

  • Configure truck parameters
  • Perform truck scheduling
    • Buy to inventory
    • Inventory to sell
    • Inventory to inventory
    • Buy to sell
  • Creating a truck shipment
  • Utilize bridging trades
  • Capture truck actual
  • Capture truck qualities
  • Capture truck fees
  • Capture event based pricing
  • Capture shipment documents and remarks
  • Evaluate physical position reports
Duration: 85 minutes
PE305 Pipeline

Participants learn how to schedule, transport and actualize petroleum products moved by pipeline. After completing this course, participants will be able to:

  • Configure pipeline parameters
  • Perform pipeline scheduling
    • Buy to inventory
    • Inventory to sell
  • Create bookouts
  • Utilize pipeline cycles
  • Create shipments using alternative locations, distribution and custody chain
  • Capture pipeline actuals
  • Capture pipeline qualities
  • Capture event based pricing
  • Capture shipment documents and remarks
  • Evaluate physical position reports
Duration: 80 minutes
PE305.1 Pipeline

This course will provide training in the functionality added to the Pipeline component in 8.1. After completing this course, participants will be able to:

  • Automate pipeline shipments
  • Automate lease gathering costs
  • Define tariff rates by product and product type
  • Manage and report on batch shipments
Version: 8.1
Duration: 30 minutes
PE306 Fractionation

In this course, participants will learn how to:

  • Configure fractionation parameters
  • Create fractionation shipments
  • Capture actual and allocate to positions
  • Capture associated fractionation fees
  • Review and evaluate physical position reports
Version: 8.1
Duration: 50 minutes
PE307 Blending
This course will provide instruction on the use of the Allegro Blending component.  In this course, participants will learn how to:
  • Describe the usage of the Blending business processes
  • Configure blending parameters
  • Execute blending processes including
    • Creating run out schedules
    • Actualization
    • Capturing measurement fees
  • Calculate diluent requirements for blending heavy Canadian crude
Version: 8.1
Duration: 75 minutes
PE401 Settlement

This course provides an overview of how to accurately settle and invoice petroleum transactions. Participants learn how to

  • Setup Settlement parameters
  • Validate and confirm settlement records
  • Generate and analyze accruals and create tax rates
  • Manage and monitor receipt and payment of vendor invoices
  • Receive customer invoices and to path outstanding balances
Duration: 90 minutes
PE402 Net Valuation

This course provides instruction on how to use the Net Valuation component to optimize the supply chain by analyzing profitability when moving petroleum commodities from supply to the market (and vice versa).  Participants will learn how to

  • Configure Net Valuation parameters
  • Configure ‘products’ to support net valuation processing
  • Include or exclude fees from net valuation calculations
  • Initiate net valuation calculations
  • Review and analyze Inventory Valuation and Net Back results
  • Review and analyze Sales and Supply Margin reports

Duration: 75 minutes