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KYCD-WEB-10 Building Joint Account Overhead Charges

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$75.00

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KYCD-WEB-10 Building Joint Account Overhead Charges

Description

Webinar IV (An Overhead Primer) of this KYCD series explains the evolution of various types of overhead and the changes to them throughout the development of the 1962 through 2012 model forms. This webinar discusses some of the same basic concepts but delves deeper into the proper overhead assessments with hands-on calculations in case studies for specific-situation drilling wells, workover operations, producing wells and waterflood operations, and major construction projects. COPAS model form language is detailed and MFI-21 (Overhead Principles) and MFI-48 (Application and Calculation of Drilling Overhead) are explained and discussed in great detail.

Learning Objectives: By the end of this class you will be able to

  1. Determine drilling days in a traditional environment.
  2. Determine drilling days in a shale environment.
  3. Calculate workovers at the drilling rate.
  4. Determine wells for producing overhead.
  5. Apply drilling and producing rates.
  6. Determine qualifying projects for major construction overhead.
  7. Calculate amounts due for major construction overhead.

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Additional information

Date

Oct 12, 2023, Past Recording-NO CPE

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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.

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

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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

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