Accounting Oil and Gas Production

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.

Program Outline

ACCT 215 - Introductory Financial Accounting I 3 Credits
ACCT 216 - Fee Calculations and Journal Entries 1.5 Credits
BCMP 225 - Business Productivity Tools and Technology 3 Credits
COMM 256 - Professional Communications and Presentation Skills 3 Credits
OGPA 210 - Introduction to the Oil and Gas Industry 3 Credits
PRAC 295 - Practicum for AOGP 3 Credits
PRDT 201 - Field Data Capture and Application 1.5 Credits
PRDT 202 - Gas and Gas Splits Allocations 1.5 Credits
PRDT 206 - Volumetrics: Production Accounting Analysis 1.5 Credits
PROJ 218 - Production Accounting Software and Case Studies 3 Credits
RREG 200 - Freehold, Override, IOGC & Unitization 1.5 Credits
RREG 204 - Royalty and Cost Calculations 3 Credits
RREG 206 - Oil Sands and Measurement EAP Directive 17 1.5 Credits
WATR 207 - Water and Water Volume Confirmations 1.5 Credits