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From Human Resource & Organisational Development Consultancy (HRODC) Postgraduate Training Institute
On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 1
...s of Full Cost Oil and Gas Accounting
- Disposition of capitalized costs
o Inclusion of estimated future development expenditures
o Inclusion of estimated future decommissioning costs
o Exclusions of costs
o Impairment of unproved properties costs
o Abandonment of properties
o Reclassification of properties
o Support equipment and facilities
more...
On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 1
On-Line Postgraduate Programme for Advanced Oil and Gas Accounting 3
...-of-year prices
o Reserve quantity disclosure
- Capitalized costs relating to oil and gas producing activities
- Costs incurred for property acquisition, exploration, and development activities
- Results of operations for oil and gas producing activities
- Standardized measure of discounted future net cash flows relating to proved oil and gas reserve quantities
o
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On-Line Postgraduate Programme In Oil And Gas Accounting
...es
- Accurately account for a Dispositiona of capitalized costs, in reference to the impairment of unproved properties
- Appropriately address Disposition of capitalized costs from the surrender or abandonment of property
- Distinguish between 3D and 4D Seismic
- Explain, with examples, Overriding Royalty Interests (ORI)
- Distinguish between Mineral Rights, Mineral
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