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

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


  • 10 Course Contact Hours
  • Course Duration is 6 Months

$495