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Apr 25, 2024
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PUBLISHED 2023-2024 Credit Catalog [ARCHIVED CATALOG]
Energy Asset Management
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Program Description
Want to be a mover and a shaker in the oil and gas industry? As a student in the Energy Asset Management program, you’ll study the business side of the energy industry and learn to handle contracts, leases, regulatory obligations, and accounting tasks. You’ll leave SAIT with the skills you need to confidently enter the high-demand field of energy asset management. Your Career
As a student of the program, you will learn about all functions within the industry (including an appreciation for the technical side of the business) and will graduate with relevant skills in administration of the regulatory, financial and contractual compliance workflow pertaining to energy industry assets. As a graduate of this program, you will have career opportunities in the petroleum industry in such areas as mineral land, land contracts, surface land, joint ventures, operations accounting, production accounting, well and facility asset management, as well as within various energy service companies, governments and field operations.
Student Success
- Joint Venture Specialization establish agreements and partnership arrangements
- Mineral Land Management acquire and preserve below-ground rights
- Surface Land Management acquire and preserve above-ground land activity
- Well Asset Management
- Monitor activity, gather information and report to regulatory bodies and partners
- Operations Accounting
- Gather, calculate and report production and financial data
Credentials
After successfully completing this program, graduates will receive a SAIT diploma in Energy Asset Management. Accreditation
There are no formal accreditation arrangements at this time. Please contact the MacPhail School of Energy for more information. 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
Completion of the following courses or equivalents:
- At least 60% in Math 30-1, or 75% in Math 30-2, AND,
- At least 60% in English Language Arts 30-1 or 75% in English Language Arts 30-2.
- All applicants must demonstrate English Language Proficiency prior to admission, including students educated in Canada.
Program Outcomes
- Investigate, interpret, and communicate ideas from an interdisciplinary Energy Asset Management perspective.
- Integrate knowledge of oil and gas “field” operations with Energy Asset Management processes.
- Apply attention to detail to produce accurate communications.
- Prepare accurate and timely financial and operations information.
- Apply database and records management practices to ensure record accuracy, timeliness and consistency.
- Work within the ethical, legal, compliance, and regulatory parameters for the Energy Asset Management discipline.
- Participate in the design, implementation, and continuous assessment of business procedures.
- Exhibit personal and work behaviours that contribute to teams.
- Apply principles from the project management cycle and develop habits and skills that lead to the accomplishment of goals.
- Examine oil and gas activities, economic policy, and world events, in the context of Energy Asset Management.
- Use technology to enhance business and communication processes.
- Seek out and engage in lifelong learning opportunities that broaden perspective, deepen understanding, and increase personal fulfillment.
- Apply knowledge of management principles, ethics, sustainability, contract law, codes and standards.
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