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How to Prepare Yourself for Oil and Gas Investment Fraud

As with many other industries, scams occur in the oil and gas industry, particularly when it comes to investments. Learn how you can protect yourself against investment fraud in the oil and gas industry.
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Asset Retirement Obligation Accounting in the Oil and Gas Industry

Asset retirement obligation (ARO) accounting is one of the most important aspects of accounting in the oil and gas industry. Learn more about it here.
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Joint Interest Billing and How it Relates to Oil and Gas Accounting

Joint interest billing (JIB) is a very important aspect of accounting in the oil and gas industry. Learn more about it in this article.
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How Can the Right Software Improve Oil and Gas Accounting?

Choosing the right oil and gas accounting software can help make or break your business. Keep reading to learn more.
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automation

How Automation in the Oil and Gas Industry Can Benefit Petroleum Companies

Emerging automated technologies can significantly benefit oil and gas companies in a variety of ways. Learn more about them here.
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Oil and Gas Accounting Job Security: How to Survive and Thrive During Tough Times

Accountants in the oil and gas industry can be fairly confident that their services will always be required and that there will be a steady demand for more professionals in…

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drilling-in-oil-field

Understanding Upstream, Midstream, and Downstream Oil and Gas Activities

Companies in the gas and petroleum industry can be divided into three major categories depending on their actual role in the supply chain. These categories are the upstream sector, downstream…

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oil-drill

How You Can Control Oil and Gas Operating Costs By Utilizing New Technologies

The oil and gas industry is known for going through periodic ups and downs, some of which are fairly extreme. For example, back in 2015, oil prices plummeted to approximately…

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accounting-using-resources

TR-39, Oil and Gas Accounting and Finance Publications Reference Catalog

COPAS has many publications vital to onshore and offshore operations in the oil and gas industry. This blog provides the top ten must-have publications for your oil and gas accounting…

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impairment-oil-and-gas-accounting

Impairment in Oil and Gas Accounting: Important Considerations

Public companies become very busy preparing SEC filings and there is no doubt that discussions of impairments of oil and gas assets will occur in the coming months. In most…

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acquisitions-and-divestures

A Guide to Navigating Acquisitions and Divestitures for Oil and Gas Accountants

As you already know, many companies in the oil and gas industry take part in divesting and acquiring new assets to increase profitability. While this can be very lucrative in…

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economic-trends

Current Economic Impact on Oil and Gas Industry Accounting and Financial Reporting

In early March 2020, crude oil prices declined significantly in response to disruptions in worldwide oil demand due to the economic impacts of COVID-19 and an oversupply in the market.…

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Testimonials

Networking is so important. It will help with your job and career, and you will gain knowledge you can’t get sitting at a desk. The people in COPAS have mentored me, answered questions for me, and genuinely cared about me and my family.

Melissa Gruenewald
Rating: 5

COPAS has great learning opportunities, leadership opportunities, and ways to develop relationships with other accountants and oil and gas professionals. You will work hard when you get involved, but the experiences, people and benefits will be worth it.

Melissa Gruenewald
Rating: 5

For anyone searching for energy knowledge, professional industry contacts, peers with whom to discuss similar dilemmas, and access to energy experts—COPAS is the place to be!

Carolyn Sczepanski
Rating: 5
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OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

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