Instructor Led Amortization Training
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From Human Resource & Organisational Development Consultancy (HRODC) Postgraduate Training Institute
Upstream Oil & Gas Accounting & Contracts


... and gas production
* Demonstrate a working knowledge of Amortization, with particular reference to the oil and gas industry
* Work through examples of Amortization of exploration and development costs of proved developed reserves
* Accurately account for a Dispositiona of capitalized costs, in reference to the impairment of unproved properties
* Appropriately address Disposition of
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Upstream Oil & Gas Accounting & Contracts
Advanced Oil and Gas Accounting International Petroleum Accounting 1


...of lease and well equipment
- Cost disposition through amortization
* Reserves owned or entitled to
* DD&A calculation
* DD&A on a field-wide basis
* DD&A when oil and gas reserve are produced jointly
* Estimated future dismantlement, site restoration, and abandonment costs
* Exclusion of costs or reserves
* Depreciation of support equipment and facilities
* Cost disposition
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