Gas BalancingCOPAS Energy Education 

Gas Balancing

April 9, 2019 | 8:00 a.m. to 5:00 p.m.

Hosted by Moss Adams
Two Allen Center, Forum Room
1200 Smith Street
Houston, TX

Register at the bottom of this page.

Program Level: Intermediate                          Delivery Group: Live

CPE Credits: 8                                                   Prerequisites: Some revenue  accounting experience

Advance Prep: None                                       Field of Study: Accounting

Instructor: Tammy Naron                         

Cost: $350  $315 Early Bird Price through March 8

Refreshments and lunch will be provided.  

Description: This course provides an overview of Gas Balancing and linking directly into imbalances, owner responsibilities, and how to account for them. It is suitable for petroleum industry experienced Revenue Accountants, business professionals, investment advisors, analysts, regulators, government employees and lawyers.

This course covers the following topics:

  • Introduction and overview of Gas Balancing - Deregulated Gas Marketing
    • Historical Gas Marketing
    • Current Gas Marketing
  • Common Types of Imbalances
    • Collect and Analyze Data for Gas Imbalance
    • Imbalance Techniques
  • Nomination and Confirmation
    • Process
    • Account Wellhead Volumes
  • Transporter Imbalances Are Created
    • Producer Shipper to Purchaser Issues
  • Statements
    • Gas Plant Statement
    • Transporter Statement
    • Gas Analysis
  • Pipeline Flow
    • Production Flow
    • Multiple Allocation Points
  • Exhibit E Joint Operating Agreement (JOA)
    • AAPL Form
    • Negotiated Agreement
  • Gas Balance Statement
    • Required Data
    • Generate Statement
  • Make-up Gas
    • Define
    • Examples
  • Balance Settlements
    • Gas Balancing Agreement
    • No Gas Balancing Agreement
    • Imbalance Reporting

Objectives: Upon completion of the course, you will be able to:

  1. Explain how various gas balances are created and settled
  2. Generate a gas balancing statement
  3. Indentify factors to consider in gas balancing settlements
  4. Evaluate financial reporting requirements


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 CPE SponsorCouncil of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


Registration Type: Gas Balancing (Houston, April 9)
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