Fundamentals of Oil & Gas Accounting 5th Edition pdf下载

An excellent training manual and professional reference, Fundamentals of Oil & Gas Accounting, 5th Edition, is packed with examples, diagrams, and appendices. The scope of this text is simply unmatched. The book has been completely updated to reflect the current issues facing oil and gas producers operating in both U.S. and international locations.

Inside you'll find:
• A new chapter on asset retirement obligations and asset impairment
• An added section on project analysis and investment decision making
• Updated coverage of asset exchanges and fair value reporting requirements
• Thorough discussion of oil and gas pricing and marketing arrangements
• Updated examples and homework problems


Great book, although a little concerned first two charts in the first chapter are only updated to 2005. That is 10 years. A lot of Macro level items have occurred in the last 10 years of oil and gas, important events that shape the future for this business. I am worried this speaks for the other content in the book.

Everything you wanted to know about oil and gas accounting in the US but were afraid to ask. Dr. Wright was the protege of Dr. Horace Block who wrote the standard on accounting for upstream oil and gas operations. Her understanding and depth of knowledge are unsurpassed in this field. I was fortunate enough to have her as my professor in my undergraduate and graduate work in accounting. There may be other oil and gas accounting books out there, but none can provide the insight of the the whys and wherefores like this can. Highly recommended.

I used a previous version of this text for years and decided to update to the latest. It was a worthwhile investment. If you are thinking of making an investment in upstream energy production or have previous accounting experience and thinking of making a move to energy production this book is a must.

I will also hit a touchy subject in the industry. The industry is largely run by some of the brightest engineers, geologists, and physicists you will ever have the pleasure of meeting. Unfortunately, most of them assume that because of the demanding math background required and their mastery therein that understanding something so 'simple' as accounting or book keeping is beneath them. This book should be required reading for the technical leaders in the industry to understand the far reaching financial implications of decisions - the world does not all reduce to a net present value calculation with a 10% discount rate.

The examples may be over simplified to somebody with accounting expertise, but for those looking to bridge their knowledge to upstream energy produciton the examples do an outstanding job of demonstrating the concepts outlined in the text.

I haven't had any luck locating a solutions manual for the outstanding problem sets at the end of each chapter. I did not work through the problems in this edition, but found the experience very valuable in previous editions. I highly recommend anybody working through this for the first time to invest the effort in the problems, but as of this writing I don't know how you can verify your work.