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From Human Resource & Organisational Development Consultancy (HRODC) Postgraduate Training Institute
On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 2
...t Impairment
II. ACCOUNTING FOR REVENUE FROM OIL AND GAS SALES
II. A. Definitions
o API gravity
o BS & W
o Btu.
o Casinghead gas
o Casinghead gas.
o City gate
o Commingled gas.
o Dissolved gas
o Field facility
o Gas balancing agreement
o Gas settlement statement
o Gauging
o Heater-treater
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On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 2
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
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On-Line Postgraduate Programme In Oil And Gas Accounting
Objectives:
By the conclusion of the specified learning and development activities, delegates will be able to
- Demonstrate an understanding of the oil and gas industrial and the activities of each subsector
- Demonstrate an awareness of the salient issues associated with the development of the United States oil and gas industry, as a mark car to International oil and gas
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