Joint Courses
in conjunction with
13TH MONTH ADJUSTMENTS
The objective of this course is to provide a step by step method in performing 13th month adjustments. It also provides an excellent refresher for intermediate and senior individuals who are looking to refresh their skills. The morning will be dealing in general concepts, facility agreements, definitions and going over sample problems. The remainder of the course will have participants completing increasingly complex examples in a computer lab setting where you will build your own Equalization model.
Suggested attendees: The course is intended for individuals who have a few years of oil and gas experience and are looking to increase their knowledge in doing 13th month adjustments.
Suggested attendees: The course is intended for individuals who have a few years of oil and gas experience and are looking to increase their knowledge in doing 13th month adjustments.
PRODUCTION ALLOCATION CONSIDERATIONS FOR JOINT VENTURE REPRESENTATIVES
This course will provide sufficient information and materials to enable participants to:
- Understand the common allocation methods and when each should be used
- Understand the common allocation rules in use
- Understand when each of the rules should be used
- Understand the support requirements of each of the common methods and rules.
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PRODUCT MEASUREMENT AND ALLOCATION
(formerly titled 'Product Allocation Exhibit Implementation for Joint Venture Representatives')This course addresses the following questions.
- What is product measurement and allocation?
- Why does product measurement and allocation matter?
- What is measurement difference? What is an acceptable measurement difference?
- What are common problems and pitfalls?
- What legislation applies to measurement and allocation? (ERCB Directive 17 and EPAP; Enhanced Production Audit Program)
- How does the PJVA/CAPPA/EASC model Product Allocation Exhibit address the above issues?