GB-WEB Gas Balancing Boot Camp: Virtual Classroom

  • 9 am CST
  • 8H
  • Basic
  • Group Internet Based
  • None
  • None
  • Accounting
  • Salomon Tristan

Gas Balancing is an interactive course that provides an overview of gas balancing and linking directly into imbalances, owner responsibilities, and how to account for them. It is suitable for petroleum industry experienced Revenue Accountants, business professionals, investment advisors, analysts, regulators, government employees, and lawyers.




Topics Covered

  • Deregulation to Imbalances
  • Imbalances
  • Nomination
  • Confirmation
  • Transporter
  • Statements
  • Pipeline Flow
  • Gas Balancing Agreement Exhibit E to the Joint Operating Agreement
  • How to Generate a Gas Balance Statement
  • What Items Should be Reported on a Gas Balance Statement
  • Make Up Gas
  • Settlement
  • Imbalance Reporting

Course Objectives

Upon completion of the course, you will be able to:

  1. Explain how various gas balances are created and settled
  2. Generate a gas balancing statement
  3. Identify factors to consider in gas balancing settlements
  4. Evaluate financial reporting requirements



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