Professionals new to the oil and gas accounting industry, and others who have limited experience with this complex, highly regulated and highly technological field can find the answers they seek through PDI’s National Oil and Gas Schools.
Four schools comprise this curriculum. The shortest is a one-day introduction to the oil & gas upstream industry. The remaining three are each four days long and are structured to provide a myriad of information that will broaden the perspective of any professional. Programs are held in September, October and November (see brochure or the links below for specific programs and cities).
This one-day overview course, held each September in Houston and October in Denver, is designed for those energy industry employees who would benefit from learning about current issues in oil and gas, industry terminology, how money flows through an Upstream company, how the different parts of an Upstream company interact with each other, with other companies and with outside investors, how oil and natural gas differ in their business treatment, how international oil and gas concerns differ from their US counterparts and other business issues affecting today’s exploration and production.
National Oil and Gas Accounting School is held each September in Houston, Texas and October in Denver. NOGAS is the industry professional’s key to more accurate, intelligent energy accounting performance. This school covers such topics as:
•Accounting for exploration costs •Oil & Gas reserves •Depreciation, depletion and amortization and impairment under the successful efforts method •Full cost accounting method •Supplemental disclosures •And much more!
The National Oil and Gas Revenue Accounting School is held each October in Houston, Texas. Through carefully integrated use of presentations, case problems and audiovisuals, this program ventures into most every area of oil and gas revenue accounting and auditing. Topics covered include:
•Measuring production and sales •Production allocations •Valuing sales •Severance taxes •Gas plant accounting •And more!
National Accounting & Auditing School for Joint Interest Operations
The National Accounting and Auditing School for Joint Interest Operations is held each November in Houston, Texas. NAASJIO provides the latest information on joint interest accounting trends and current COPAS (Council of Petroleum Accountants Societies) pronouncements. Topics covered include:
•Duties and obligation of parties to a joint operating agreement •Overhead recovery mechanisms and agreement "check-off" elections •Impact of the COPAS 24-month adjustment and audit periods •Audit sampling and testing, with focus on JADE analysis •And more!
This one-day program will cover numerous terms, processes and industry structures, giving participants an in-depth look at the industry. Takes place in Houston, TX.
