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Advanced Oil and Gas Accounting: International Petroleum Accounting

By: HRODC Postgraduate Training Institute

Angola

16 - 20 Jan, 2017  5 days

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GBP

By the conclusion of the advanced oil and gas accounting: international petroleum accounting students and
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 exploration developments and it mining operations
  • Address the geological issues relating to the origin, exploration and production of oil and gas
  • Outline the methods of production, employed in the oil and gas industry
  • Describe the methods of exploration generally used within the oil and gas industry
  • Explain the contractual issues that are associated with oil, gas and mineral lease
  • Address problems and issues associated with upstream oil and gas operation
  • Outliner the role of finance and accounting in an oil and gas organizations
  • Demonstrate an appreciation of financial reporting policies and practices applicable in oil and gas industry
  • Distinguish between the different types of wells
  • Distinguish between natural and artificial lifts, in oil 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 ‘disposition’ 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.
Luanda, Angola Jan 16 - 20 Jan, 2017
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+44 7736147507; +44 1902 763607; +44 2071935906; +

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