Description

This live webinar series is 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, lawyers, community leaders, and the general public. Please note that questions in this accounting series may require access to a calculator.

Full Series Learning Objectives:

On completion of this series you will be able to:

1. Describe the upstream oil and gas industry
2. Recognize past and current market regulation
3. Describe the critical role of the revenue accountant
4. Describe production processes of oil and gas products and by-products
5. Recall various product measurement approaches, standards and product allocation methods
6. Explain, interpret and execute the various types of lease agreements and provisions
7. Apply the sales and entitlement methods of accounting
8. Prepare complete accounting entries for common dispositions

The series consists of 12 individual webinars. Click on a title below to purchase an individual webinar or to view a webinar’s full description.

Webinar 1 January 8, 2024 – Industry History and Value Chain
Webinar 2 February 12, 2024 – Oilfield Operations and Production Accounting
Webinar 3 March 11, 2024 – Oil Lease Sales Accounting
Webinar 4 April 8, 2024 – Oil Off-Lease Sales Accounting
Webinar 5 May 13, 2024 – Gas Operations Production Accounting
Webinar 6 June 10, 2024 – Gas On and Off-Lease Sales Accounting
Webinar 7 July 8, 2024 – Gas Plant Accounting I
Webinar 8 August 12, 2024 – Gas Plant Accounting II
Webinar 9 September 9, 2024 – Producer and Pipeline Imbalances
Webinar 10 October 14, 2024 – Production and Severance Taxes
Webinar 11 November 11, 2024 – Private State and Federal Royalties
Webinar 12 December 9, 2024 – Checkstub Processing