Fundamentals of Oil and Gas Accounting

by Gallun, Rebecca A.; Wright, Charlotte J., Ph.D.; Nichols, Linda M.; Stevenson, John W.

• ISBN13: 9780878147939
• ISBN10: 0878147934
• Edition: 4th
• Format: Hardcover
• Copyright: 2001-01-01
• Publisher: Pennwell Corp

Summary

An accounting text specifically for the oil and gas industry, updated to a format ideal for both academic and industrial settings. Updated features include examples and homework problems, a new chapter on financial statement analysis, and a new chapter on pipeline accounting, among other changes. DLC: Petroleum industry and trade--Accounting.

Table of Contents

A Profile of Petroleum Operation	1	(30)
Introduction to Oil & Gas Accounting	31	(34)
Nondrilling Exploration Costs Under SE	65	(16)
Acquisition Costs of Unproved Property Under SE	81	(40)
Drilling and Development Costs Under SE	121	(38)
Proved Property Cost Disposition Under SE	159	(48)
Full Cost Accounting (FE)	207	(54)
Accounting for Production Activities	261	(22)
Accounting for Revenue from Oil and Gas Sales	283	(66)
Basic Oil & Gas Tax Accounting	349	(46)
Joint Interest Accounting	395	(70)
Conveyences	465	(66)
Oil & Gas Disclosures	531	(52)
Accounting for International Petroleum Operations	583	(22)
Analysis of Oil & Gas Companies' Financial Statements	605	(28)
Overview of Gas Pipeline Accounting	633	(28)
Appendix A Authorization for Expenditure	661	(4)
Appendix B Regulation SX 4-10	665	(14)
Appendix C Excerpt from Regulation S-K	679	(2)
Appendix D Excerpt from Statement of Financial Accounting Standards No. 19	681	(16)
Appendix E Kerr-McGee Corporation 1999 Annual Report	697	(44)
Abbreviations	741	(4)
Index	745