These are courses we currently run as open enrollment classes during the year. Please visit the CEE Store to see the classes open for registration.
Revenue Audit
For individuals who wish to gain a broad understanding of Revenue Audit. This course is suitable for petroleum industry new hires, business professionals, investment advisors, analysts, regulators, government employees, accountants, lawyers, community leaders, and the general public. Experienced attendees have found the course helps define Revenue Audit as it pertains to their specialty area. Please scroll down to view topics and learning objectives. Download the Class Flyer
Building Your Foundation in Oil and Gas Accounting School
The foundation course is specifically designed to present engaging, relevant, and effective education for new professionals and for those new to oil and gas. It is also a great course for anyone who needs a refresher! This school offers a competitive and affordable four-day schedule with a choice between a revenue accounting or joint interest accounting track. Please click the titles below to see the individual class descriptions, objectives and CPE information: First two days: Oil and Gas Industry Primer Last two days: Principles of Joint Interest Accounting Boot Camp or Principles of Revenue Accounting Boot Camp
Introduction to Oil and Gas Transactions: Tax Considerations
This course provides an overview and in-depth look of Oil and Gas Federal Income Tax procedures and process. Designed for petroleum new and experienced employees, and service providers involved in Petroleum accounting and industry. Additionally, this course is for those who work in the Oil and Gas Federal tax arena and want to expand their understanding the laws, processes, and procedures used.
Oil and Gas Industry Primer
Developed for individuals with an interest in the oil and gas industry and intended to help accountants, lawyers and others to better understand the Petroleum business. This Oil and Gas primer provides an overview of Petroleum history, geology, and upstream operations and their associated terminology. It aims at introducing fundamental concepts and data that help understand Oil & Gas Exploration and Production (E&P) holistically and provide a common conceptual framework for individuals new to the industry or wanting to expand or build on their current Petroleum knowledge.
Understanding the Landman
An interactive course designed for Non-Landmen and individuals desiring to expand and increase their Oil and Gas Landman knowledge. It is suitable for petroleum industry new hires, revenue, joint interest, business professionals, investment advisors, analysts, exploration, transportation, regulators, government employees, and lawyers or anyone who interacts with the Land Department.
Principles of Revenue Accounting Boot Camp
Designed for individuals who wish to gain a basic Revenue Accounting understanding. It is suitable for petroleum industry new hires, business professionals, investment advisors, analysts, regulators, government employees, accountants (CPA and Non-CPA), lawyers, community leaders, and the general public.
Introduction to Oil and Gas Exploration, Production, and Upstream Operations
A hands-on overview of Oil and Gas Field Exploration, Production and Upstream Operations. Individuals will witness a variety of petroleum equipment used in all phases of Upstream operations. The course will provide Petroleum new hires, accountants (CPA and non-CPA), and other petroleum players with an understanding of the necessary functions and operations for oil and gas companies to obtain leases, drill wells, and produce and transport petroleum products.
Introduction to the Petroleum Industry
For individuals who wish to gain an introductory understanding of the petroleum industry. Suitable for petroleum industry new hires, business professionals, investment advisors, analysts, regulators, government employees, accountants (CPA and Non-CPA), lawyers. Community leaders, and the general public. The course is presented in non-technical language.
Principles of Joint Interest Accounting Boot Camp
For individuals who wish to gain a broad understanding of introductory Joint Interest Accounting. This course is suitable for petroleum industry new hires, business professionals, investment advisors, analysts, regulators, government employees, accountants, lawyers, community leaders, and the general public. Experienced attendees have found the course helps define Joint Interest Accounting as it pertains to their specialty area.
Gas Balancing
This course provides an overview of Gas Balancing and linking directly into imbalances, owner responsibilities, and how to account for them. It is suitable for petroleum industry experienced Revenue Accountants, business professionals, investment advisors, analysts, regulators, government employees and lawyers.
The following courses may be offered at COPAS National Meetings as open enrollment classes or as webinars; however, due to their length will not be presented as stand alone open enrollment classroom courses elsewhere during the year. They are available for inclusion in private customized classes for societies and companies.
Royalty Remittances for Mineral Owners
This course provides an overview of understanding three major events for mineral owners: 1. Ownership, 2. Leasing, and 3. Royalty Check. By using and reviewing examples of actual leases and remittances this course will take owners through Mineral Lease and Royalty check stub. This course will provide individuals a better understanding of questions for your producer and simple calculations to help you get to the bottom-line of your “Pay Stub.”
Principles of Payout Accounting
This course is designed to introduce you to the very dynamic concept of “Payout” and its impact on various Oil and Gas industry functions. Many individuals have no idea what this function does or how important this activity is to the stakeholders it supports. In this four hour course we will discuss Payout and what it means, review basic documents needed to identify and track payout, identify the components of a payout calculation and what to do with them, and finally calculate a full payout. This principles class will provide a basic understanding of the payout process.