May 25, 2024  
PUBLISHED 2024-2025 Credit Catalog 
    
PUBLISHED 2024-2025 Credit Catalog

Energy Asset Management

Location(s): In Person (Main Campus)


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Are you aspiring to be a mover and shaker in the oil and gas sector? Our Energy Asset Management diploma is a comprehensive program designed to equip you with specialized knowledge and practical skills essential for a successful career in the energy industry.

Dive deep into the complexities of the energy sector, mastering related contracts, leases, regulatory compliance and accounting responsibilities. Our program provides you with the foundational knowledge and skills necessary to manage and navigate the landscape of energy assets.

In this program, you will learn to:

  • apply business principles specific to energy asset management
  • navigate legal and regulatory frameworks governing the energy sector
  • conduct sophisticated management of financial and accounting tasks
  • develop strategies for effective management of land assets and contracts
  • operate within joint ventures and collaborative business arrangements
  • engage in critical decision-making processes affecting well and facility assets.

Our program emphasizes real-world application. Engage in case studies, simulations and projects reflecting current industry challenges and practices. You’ll gain practical experience that enhances your learning and prepares you for the demands of the industry.

Our industry-experienced instructors bring their depth of knowledge and practical insights to the classroom.

Upon graduation, you will be well-prepared for diverse roles in the petroleum industry, including positions in mineral land management, land contracts, surface land management, joint ventures, and various accounting and asset management roles.

The skills you gain will also open doors to opportunities within energy service companies, government entities, energy management and field operations. You may also apply your skills in the growing renewable energy field.

This program is your stepping stone to becoming a valued and influential player in the energy industry.

Traits, skills and aptitudes


As an energy asset management professional, you need:

  • integrity and high ethical standards
  • math skills
  • strong communication skills
  • interpersonal, negotiation and public relations skills
  • analytical, time-management and problem-solving skills
  • organizational skills and attention to detail
  • patience
  • ability to work with little supervision
  • computer skills
  • leadership skills to interact with all functions and levels of management
  • ability to make decisions according to multiple, changing priorities under tight deadlines.

You should enjoy having clear rules and organized methods to guide activities, dealing with legal matters and working with people from all walks of life. 

Credential


After successfully completing this program, you’ll receive a SAIT Energy Asset Management diploma.

Program length


2 years

Accepts international applicants - PGWP-eligible


This program accepts international applicants and meets the eligibility criteria for the Post-Graduation Work Permit program, as long as the student is registered in on-campus classes or completes more than 50% of the courses on campus (for blended options). 

International students attending all classes online will NOT be eligible for a Post-Graduate Work Permit. International students are responsible for maintaining their eligibility throughout their studies. 

Not eligible for CAJG


This program is not eligible for the Canada Alberta Job Grant

Related careers


Our graduates may work in the following occupations. Some careers require additional experience and education. 

Potential careers (NOC):

  • Utilities managers (00011)
  • Other business services managers (10029)
  • Procurement and purchasing agents and officers (12102)
  • Supervisors, petroleum, gas and chemical processing and utilities (92011)

Admission requirements - Applicants educated in Canada


All applicants must demonstrate English language proficiency and meet all the following requirements 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.

SAIT accepts high school course equivalents for admission for applicants educated outside Alberta.

Admission requirements - Applicants educated outside of Canada


All applicants who were educated outside of Canada must demonstrate English language proficiency and provide proof they meet the program admission requirements with an international document assessment. Find accepted educational documents and assessment options

SAIT may also accept courses completed at certain international post-secondary institutions.

Program outline


The Energy Asset Management diploma requires 60 credits (20 courses) to complete.

The program spans two years, with two semesters each year.

Suggested schedule of study


Progression


You must attain a PGPA and/or a CGPA of 2.0 or better each semester and pass the prerequisite courses to progress through the program.

To qualify for graduation, you must pass all courses, attain a CGPA of 2.0 or better and complete course requirements within the prescribed timelines.

Review our grading and progression procedure > 

Books and supplies


Books and supplies are approximately $500 per full-time year.

This is a bring-your-own-device program with a standard computer hardware and software requirement. See the specific requirements on our computers and laptops page.

Find your booklist on the SAIT Bookstore’s website. The booklist will be available closer to the program start date. Can’t find your program or course? The bookstore didn’t receive a textbook list. Contact your program directly to determine if they’re still refining course details or if you’re in luck; no textbook purchase is required this term.

Required personal protective equipment (PPE)

The industry-approved PPE you’ll need will be discussed during your first few days of classes. 

Energy program advising


For any questions or to set up an advising appointment, please contact our MacPhail School of Energy.

Phone: 403.284.8451
Email: macphail.students@sait.ca 

Program outcomes


  1. Investigate, interpret, and communicate ideas from an interdisciplinary energy asset management perspective.
  2. Integrate knowledge of oil and gas “field” operations with energy asset management processes.
  3. Apply attention to detail to produce accurate communications.
  4. Prepare accurate and timely financial and operations information.
  5. Apply database and records management practices to ensure record accuracy, timeliness and consistency.
  6. Work within the ethical, legal, compliance, and regulatory parameters for the Energy Asset Management discipline.
  7. Participate in the design, implementation, and continuous assessment of business procedures.
  8. Exhibit personal and work behaviours that contribute to teams.
  9. Apply principles from the project management cycle and develop habits and skills to accomplish goals.
  10. Examine oil and gas activities, economic policy, and world events in the context of Energy Asset Management.
  11. Use technology to enhance business and communication processes.
  12. Seek and engage in lifelong learning opportunities that broaden perspective, deepen understanding, and increase personal fulfillment.
  13. Apply knowledge of management principles, ethics, sustainability, contract law, codes and standards.

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