Virtual & In-House Courses

The IPAA/PESA Energy Education Center supports energy education outreach. We have partnered with Energy Training Resources, LLC and developed a plethora of virtual course options. Scroll down to learn more and contact Nikki with questions.

Upcoming Courses

This course addresses the relationship between oil and gas operations and stated financial results. Attendees will learn about activities that generate revenues and costs, how leasing and joint operations impact the sharing of those revenues and costs, and how key revenues, costs, assets and liabilities are reflected in the financial statements.

This course is not just for accountants! An understanding of the link between operational activities and financial results can be useful across an organization in improving employee understanding of management financial goals. However, this is not a light course and is information packed, so is best for those who have a genuine interest in the subject matter.

Following are the course topics:

  • Financial Introduction
  • Revenue: Oil and Gas Products and Product Marketing
  • Exploration, Exploration Costs and Unconventional Development
  • Commercial Terms: Mineral Rights and Leasing
  • Joint Operations: Operated vs. Non-Operated
  • Drilling and Completion and Treatment of Costs
  • Development and Production Operations and Costs
  • Reserves, DD&A, Impairment, Abandonment, and Disclosures

Continuing Professional Education (CPE) credits available.

Due to COVID, our live courses have been cancelled for the remainder of 2020. However, we are still able to conduct live courses virtually through Teams or Zoom and are offering 1/2 off the prices of those courses. Courses can be customized or you can choose from one of these from our catalog:

  • Oil and Gas Orientation for Newcomers
  • Upstream Oil and Gas
  • Midstream Oil and Gas
  • Upstream and Midstream Oil and Gas
  • Oil and Gas Boot Camp (TM)
  • Unconventional Oil and Gas
  • Oil and Gas for IT Employees
  • Oil and Gas for Accountants and Auditors
  • Oil and Gas for Attorneys
  • Oil and Gas for Lenders and Private Equity

Contact Nikki Thomas for more information.

Past Courses

We’ve converted our live Oil & Gas Overview Course to a virtual platform which offers you the same great content and continuing education credits in the comfort of your own home. The oil and natural gas industry is broad and complex, so IPAA has partnered with Energy Training Resources, LLC and developed an information-packed Oil and Gas Overview Course that connects the functional and commercial aspects of the industry. The course has an upstream focus with some midstream information and will thoroughly cover the following topics:

  • Industry structure
  • Petroleum geology and exploration
  • Mineral rights and leasing
  • Drilling and completion
  • Development and production operations

Continuing education units (CEUs) available through:

  • National Association of State Boards of Accountancy (NASBA) – CPE
  • Texas Education Agency (TEA)
  • AAPL recertification credits – RL, RPL, CPL and CPL Specialist

IPAA’s Oil & Gas Orientation for Newcomers to the Industry was designed for newcomers and recent hires to the oil & natural gas industry who are looking to be proactive and valued by their employers by understanding the structure of the industry, functions, and commercial terms.

Many companies are behind on training because of recent cost cutting and it can be difficult and expensive for companies to organize effective orientation programs in-house. We have a solution. We have teamed up with Energy Training Resources to create a well-organized, media-rich program that covers the basic industry structure, functions, and commercial terms in just one day, at a low cost.

The course will be conducted at the Houston Museum of Natural Science and participants will have access to the museum’s newly-renovated Wiess Energy Hall. As course topics are covered, participants will be able to view the Energy Hall’s related exhibits, giving them a hands-on and memorable learning experience.

No current dates are on the calendar but if you are interested in receiving a notification when new dates are set, email Nikki.

Continuing education units (CEUs) available through:

  • Texas Education Agency (TEA)
  • National Association of State Boards of Accountancy (NASBA)
  • Global Association of Risk Professionals (GARP)

What They’re Saying:

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