Nov 30, 2022  
PUBLISHED 2021-2022 Credit Catalog 
    
PUBLISHED 2021-2022 Credit Catalog [ARCHIVED CATALOG]

Accounting Oil and Gas Production


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Program Description


Oil and Gas Production Accounting teaches the basics of petroleum production accounting as it relates to the petroleum industry. Oil and gas production accountants are responsible for compiling, managing and reporting financial and production data for the oil and gas industry.

Production accountants are specialists in their field and must have a sound knowledge of petroleum products in addition to an understanding of the industry’s financial practices and government regulations. This program was developed and certified by the Canadian Association of Petroleum Production Accounting (CAPPA).

This program is offered full-time on the SAIT campus via an intensive, full-time 35-week program accredited by Alberta Advanced Education.

Program Overview


Fast Facts


  • Students who have successfully completed OGPA-210 Introduction to the Oil and Gas Industry may be eligible to use this course towards the Energy Asset Management Diploma and the Petroleum Land Administration Certificate.
  • Students who have successfully completed ACCT-215 Introductory Financial Accounting I or BCMP 225 Business Computers may be eligible to use these courses towards the Business Administration Diploma and the Bachelor of Business Administration degree. 
  • Please contact business.advising@sait.ca for more information.

Your Career


Graduates find work as production, operations, revenue or joint venture accountants in the petroleum industry.

Credentials


After successfully completing this program, graduates will receive both a SAIT Accounting Oil and Gas Production Certificate and a CAPPA certificate in Accounting - Oil and Gas Production. See the Canadian Association of Petroleum Production Accounting (CAPPA) website for prerequisites and graduation requirements.

Student Success


To be issued the CAPPA certificate, students must complete all CAPPA courses within three (3) years. This applies to all students regardless of institution or method of course delivery. 

Students who started the program prior to July 1, 2019 will be bridged into the new curriculum. Contact business.advising@sait.ca for more information. 

Accreditation


The program is nationally accredited by the Canadian Association of Petroleum Production Accounting. To receive the CAPPA certificate students must attain 70% in all levels of CAPPA.

Job Grant


Note: This program is eligible for the Canada-Alberta Job Grant

Progression


The progression requirement for students taking credit courses is a Term GPA and Total Institutional GPA of 2.0, with the exception of English Language Foundations and Academic Upgrading programs.

Admission Requirements


All applicants must demonstrate English Language Proficiency prior to admission. Proof of English Proficiency equal to a minimum of 3 years of education at an English speaking Canadian school or at a recognized International English speaking school, or completion of a proficiency exam is required upon application.

Total Credits 31.5


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