INT-WEB-5 Petroleum Accounting

  • Jun 6thDec 4th10 am CST60 mins
  • Basic
  • Group Internet Based
  • None
  • None
  • Specialized Knowledge
  • 1H CPE credit

Part of: INT-WEB Introduction to the Petroleum Industry Series



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This webinar will discuss measuring and valuation of reserves, “full cost” and “successful efforts” accounting methods, asset retirement obligations (ARO), hedging production and measuring and valuing production.


Learning Objectives: By the end of this class you will be able to

  1. Recall issues associated with measuring and valuation of reserves.
  2. Identify “full cost” & “successful efforts” accounting methods.
  3. Recall asset retirment obligations.
  4. Define “hedging production.”
  5. Recall measuring and valuation production issues.



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