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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
...r Drilling Development Costs
III. PROVED PROPERTY COST DISPOSITION - SUCCESSFUL EFFORTS
- Costs of Property
- Cost of lease and well equipment
- Cost disposition through amortization
o Reserves owned or entitled to
o DD&A calculation
o DD&A on a field-wide basis
o DD&A when oil and gas reserve are produced jointly
o Estimated future dismantlement,
more...
On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 1
...r Drilling Development Costs
III. PROVED PROPERTY COST DISPOSITION - SUCCESSFUL EFFORTS
- Costs of Property
- Cost of lease and well equipment
- Cost disposition through amortization
o Reserves owned or entitled to
o DD&A calculation
o DD&A on a field-wide basis
o DD&A when oil and gas reserve are produced jointly
o Estimated future dismantlement,
more...
On-Line Postgraduate Programme In Oil And Gas Accounting
... proved developed reserves
- 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
more...
... proved developed reserves
- 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
more...
