skip to Main Content

MFI-57 Remote Technology Centers

This document serves as a reference for Operators who monitor and/or control joint operations from a remote technology center (RTC).  It is recommended as a guide for (1) identifying what qualifies as an RTC, (2) identifying the costs, such as labor, facility, and equipment costs, of an RTC that can be charged to the Joint Account, and (3) developing an allocation basis for charging the RTC costs to the Joint Account.

Chargeability is analyzed for each of the COPAS Model Form Accounting Procedures and concludes that RTC costs can be charged using the Equipment and Facilities Furnished by Operator, Affiliate, and Services provisions of the various accounting procedures.  61 pages.  2021.  Includes the Addendum 1 – MFI-57 AD-1 Remote Technology Centers.

From: $170.00 - $170.00

Members receive 25% off webinars and 50% off publications.

MFI-57 Remote Technology Centers

SKU MFI-57-1 Categories ,

Description

Table of Contents

I. Introduction

II. RTC Definition and Considerations
A. RTC Definition
B. Functions Performed
C. RTC Costs
1. Facility Costs
2. Equipment Costs
3. Labor Costs
D. RTC Ownership

III. RTC Chargeability Considerations
A. RTC Facility and Equipment Cost Chargeability
B. RTC Labor Cost Chargeability
1. COPAS 1962 Model Form Accounting Procedure
2. COPAS 1968 Model Form Accounting Procedure
3. COPAS 1974 Model Form Accounting Procedure
4. COPAS 1976 Model Form Accounting Procedure
5. COPAS 1984 Model Form Accounting Procedure
6. COPAS 1986 Model Form Accounting Procedure
7. COPAS 1995 Model Form Accounting Procedure
8. COPAS 1998 Project Team Model Form Accounting Procedure
9. COPAS 2005 Model Form Accounting Procedure
10. COPAS Deepwater Model Form Accounting Procedure
CHARGEABILITY SUMMARY CHART

IV. RTC Allocation Considerations

V. Appendices
Appendix A – Chargeability by Type of Cost
Appendix B – RTC Allocations Examples
APPENDIX C – COPAS 1962 and 1968 Model Form References
APPENDIX D – COPAS 1974 and 1976 Model Form References
APPENDIX E – COPAS 1984 and 1986 Model Form References
APPENDIX F – COPAS 1995 and 1998 Model Form References
APPENDIX G – COPAS 2005 and Deepwater Model Form References

 

COPAS POLICIES: Complaints | Cancellation & Refund Policy

Additional information

Weight 16.00000001411 oz
Dimensions 11 × 8.5 × 0.025 in
Format

Digital, Printed

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
Get Updates

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

Back To Top
Search