Fundamentals of Oil & Gas Accounting

Fundamentals of Oil & Gas Accounting, 6th Edition, provides comprehensive reference guidance on financial reporting and regulatory standards across the petroleum sector. The volume examines accounting methods for upstream exploration and production activities, alongside asset evaluation principles.

The text details both full cost and successful efforts accounting, following costs through property acquisition, drilling, exploration, and disposition. Chapters also address asset retirement obligations, long-lived asset impairment, and revenue from petroleum sales.

Designed for energy finance professionals, management, students, and market analysts, this edition includes new and updated end-of-chapter problems to support practice with industry accounting standards.