SECTION ONE - All About Natural Gas
• Introduction
• Regulatory Environment
• What Is Natural Gas?
• Components of Natural Gas, Gas Processing
• Plant Accounting
• Plant Accounting Exercise

SECTION TWO - Gas Accounting and Player Responsibilities
• Requirements of Gas Accounting
• Gas Accounting Flow Chart
• Key Terms and Definitions
• Who are the Industry Players?
• Industry Player Responsibilities
• The Monthly Business Cycle

SECTION THREE - Revenue Accounting
• Invoicing for Natural Gas Sales and Purchases
• Billing/Invoicing
• Billing/Invoice Exercise

SECTION FOUR - Transportation Accounting
• Transportation Accounting
• Transportation Rates and Invoicing
• Transportation Rates Exercise
• Accounting for Pooling Contracts

SECTION FIVE - Allocations/Balancing and Penalties
• The Allocation Process
• Timing of Allocations
• Types of Allocation Methods
• Flow of Information
• Layered Allocations
• Allocation Exercises
• Types of Imbalances and Penalties
• Balancing/Penalty Exercise
• Reconciliation

Training CLasses

Gas Accounting

1-½ Day Training Class Outline