Oil and Gas Accounting Procedures – Pay Decks, JIB’s and Revenue Distribution for Division Order Analysts

Diversify Your Career Skills

This class is for Beginners to 10 Years’ Experience and is designed to provide the student with an in-depth
look at the general practices of Oil and Gas Accounting procedures, including establishing pay
decks and division of interest.

This course goes into great detail the steps of performing Oil and Gas Accounting from the “Tank to
the Bank”, including Joint Operating Agreement and Production Sharing Agreement issues.

Syllabus

• Understanding the Revenue Stream
• Oil and Gas Lease Issues
• Setting up Pay Decks
• Division Orders
• Calculations – Working Interest, Net Revenue Interest
• Unitizations
• JOA – Non-Consent Penalties
• Non-Participating Royalty Interest
• Production Sharing Agreements

The course writer and instructor:
Allen Cummings
David Melton

We are trusted by Industry Leaders

The Petroleum Landman School in ran by seasoned veterans of the industry, and our courses are backed by leading companies.
But let's hear what actual graduates have to say:

Dave,
After finishing your class in August and now it being the first of October, I actually got a job last week working full time for a landman in Santa Fe handling federal leases.   I will tell you that they say what I learned in your class puts me ahead of the game so it was time and money well spent.

K. Haase

Dear David,
Thank you for the truly informative course held last September.
I have completed my first year as an in-house landman for a petroleum company and can’t imagine how I could have achieved it without your excellent tutelage.

R. Sidwell

Enrollment Options

Live Classroom

  • Includes Printed Course Manual
  • Testing, Homework, and Workshops
  • 10 Course Contact Hours
  • Student Minimum: 10

$1,500

Live Webinar

  • Includes Printed Course Manual
  • Testing, Homework, and Workshops
  • 10 Course Contact Hours
  • Student Minimum: 5

$1,250

Self-Paced Online

  • Printed Course Manual Not Included / Available Separately for $112 + Shipping
  • Testing, Homework, and Workshops
  • 10 Course Contact Hours
  • Available for Six Months

$995

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