Gas Plant Accounting
This program
provides accountants, auditors and regulators with a refresher or primer to the
fundamentals of accounting for first sales processed gas. Learn about
plant/lease settlement, wellhead allocations, relevant sales type contracts and
physical plant schematics.
Who Should Attend:
Employees
responsible for gas and/or gas plant accounting or auditing. Accountants who service producers involved
in the production of natural gas or in gas plant operations. Individuals who work directly/indirectly in
the production and sale of natural gas products
Prerequisites: None
Upon Completion of
this Program, Participants will be Able to:
• Understand the complexities of gas and gas plant accounting
• Examine gas contracts as they apply to accounting related
issues such as gas plant allocations and point of sale
• Understand gas processing
Key Topics and
Objectives:
Commonly Used
Gas and Gas Plant Terminology
Gas Used on
Production Leases
Overview of
Gas Measurement and Allocations
Why Gas is
Processed
NGL Products
Overview
of Gas Processing
Gas Plant
Accounting - A Simplified Example
Gas Plant Accounting - Class
Problem
Quality
programs – offered on-site and adapted for your company. Contact Jim Hoffman at 214.763.9644 or via email at jhoffman@pdi.org. Visit us online at www.pdi.org