Online Gas Drilling Operations Tutorial

On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 1 Course Objectives By the conclusion of the specified learning and development activities, delegates will be able to: - Demonstrate a heightened understanding of the differing levels of Financial Reporting Regulation and Standardization, as they apply to Oil and Gas Accounting; - Demonstrate a heightened understanding of salient accounting concepts and governance - Demonstrate a  more...

On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 2 General Contents, Concepts and Issues I. ACCOUNTING FOR ASSET RETIREMENT OBLIGATIONS AND ASSET IMPAIRMENT I. A. Accounting for asset retirement obligations (1) Scope of SFAS No. 143 (2) Legally enforceable obligations * Obligating event * Asset recognition * Initial measurement - fair value * Traditional Approach * Expected Cash Flow Approach  more...

On-Line Postgraduate Programme for Advanced Oil and Gas Accounting 3 General Contents, Concepts and Issues I. CONVEYANCES - Mineral interests (1) Types of interest * Basic Working Interests (WI) * Joint Working Interest * Basic Royalty Interest (RI) * Overriding Royalty Interest (ORI) * Production Payment Interest (PPI) * Net profit Interest * Conveyances: General Rules - Conveyances: Exchange and Poolings (1) Farm - ins/ farm outs  more...

On-Line Postgraduate Programme In Oil And Gas Accounting ... B. INTRODUCTION TO OIL AND GAS ACCOUNTING - Oil and Gas Drilling Operations - BOP (blowout preventer) - Bottom-hole pressure - Bottom-hole pump - Drill string - Rat hole - Mouse hole - Drilling platform - Drilling rig - Proved area - Drill stem test - Derek and Derek Hands - Cracking - Field - Christmas tree - Sedimentary rock - Seismic  more...