Fundamentals Of Oil And Gas Accounting

Detailed and expanded to accommodate changes in the oil and gas industry, this text is suitable for both industry and academic mediums. The new international chapter is an overview of current international oil and gas accounting and the problems that companies face in accounting for international operations. The new pipeline accounting chapter deals with accounting under the FERC rules as contrasted with GAAP accounting.

This new edition covers many significant changes impacting the petroleum industry including important updates such as current industry practice issues from a proprietary survey conducted by the Institute of Petroleum Accounting, and practical guidance on new standards of revenue recognition, joint arrangements, consolidated financial statements, and disclosure of interests in other entities which are of critical importance to those involved or interested in the petroleum industry.New chapters covering midstream operations, master limited partnerships, and SEC considerations have been added. The updated text will also address numerous operational issues that continue to evolve with the demand for capital, inherent industry risks, and the impacts of product price fluctuation.

Fundamentals of Enhanced Oil and Gas Recovery from Conventional and Unconventional Reservoirs delivers the proper foundation on all types of currently utilized and upcoming enhanced oil recovery, including methods used in emerging unconventional reservoirs. Going beyond traditional secondary methods, this reference includes advanced water-based EOR methods which are becoming more popular due to CO2 injection methods used in EOR and methods specific to target shale oil and gas activity. Rounding out with a chapter devoted to optimizing the application and economy of EOR methods, the book brings reservoir and petroleum engineers up-to-speed on the latest studies to apply. Enhanced oil recovery continues to grow in technology, and with ongoing unconventional reservoir activity underway, enhanced oil recovery methods of many kinds will continue to gain in studies and scientific advancements. Reservoir engineers currently have multiple outlets to gain knowledge and are in need of one product go-to reference. Explains enhanced oil recovery methods, focusing specifically on those used for unconventional reservoirs Includes real-world case studies and examples to further illustrate points Creates a practical and theoretical foundation with multiple contributors from various backgrounds Includes a full range of the latest and future methods for enhanced oil recovery, including chemical, waterflooding, CO2 injection and thermal