Cost Control and Financial Reporting of the Upstream Operation of Oil and Gas Under Indonesia PSC

Oleh Diposting pada

Cost Control and Financial Reporting of the Upstream Operation of Oil and Gas Under Indonesia PSC

DESKRIPSI

This course is designed for those interested in learning how to set up control of cost for each stage of the upstream operation activity as an additional working knowledge to support his or her assignment.

Concepts and theory are presented in such a way that will invite participants to be actively involved in the discussions. The presentation of related cases and discussion of current issues are intended to help participants in turning the theory into practical knowledge

COURSE LEARNING OBJECTIVES :

  • To describe cost concept in the upstream Oil & Gas operation
  • To learn how to set up control of cost for each stage of activity
  • To understand concept of accruals and its practice
  • To learn how to calculate Operating Costs

MATERI TRAINING

General

  • Petroleum Accounting principles
  • Indonesian PSC Accounting

Cost Classification

  • Acquisition cost
  • Exploration cost
  • Development cost
  • Production cost
  • Administration and General cost

Capital and Non Capital Cost

  • Definition
  • Capital Budgeting
  • Depreciation

Authorization for Expenditures

  • Why need AFE?
  • Project vs. Non-Project
  • AFE revision, and supplement
  • AFE control and report

Accruals

  • Concept and theory
  • How to control and calculate the number to be accrued

Expense Performance Report

  • Preparation of report
  • Analysis and adjustment

Transfer of Materials

  • Inter warehouse transfer
  • Well to well transfer
  • Inter company transfer

Operating Costs

  • Definition
  • Method of calculation

Case study

METODE

Presentation, discussion, Case study, Evaluation, Pre test & post test

LOKASI     :

Yogyakarta / Bandung / Jakarta / Bali

BIAYA

  • Yogyakarta >>IDR 7.000.000,- (Non-Residential) | Minimal kuota 2 – 3peserta l Diskon untuk pengiriman 3 peserta dari perushaan yang sama
  • Luar Yogya >> IDR 8.500.000 (Non-Residential)| Minimal kuota peserta 3 – 4 Peserta | Diskon untuk pengiriman 3 peserta dari perusahaan yang sama

FASILITAS

Hotel Berbintang, Sertifikat, training kit, Modul ( hard & soft copy ), lunch, coffee break, Souvenir, makan malam, transportasi antar jemput