Fundamentals of Oil & Gas Accounting

ISBN-13: 9781593703639

ISBN-10: 1593703635

Author: Charlotte Wright

Edition: 6

Publication date:
PennWell Corp.
Hardcover 806 pages
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Acknowledged author Charlotte Wright wrote Fundamentals of Oil & Gas Accounting comprising 806 pages back in 2016. Textbook and etextbook are published under ISBN 1593703635 and 9781593703639. Since then Fundamentals of Oil & Gas Accounting textbook received total rating of 4 stars and was available to sell back to BooksRun online for the top buyback price of $75.77 or rent at the marketplace.


Professor Charlotte Wright updates her indispensable accounting book for the oil and gas industry in this revised & expanded sixth edition. The past several years have seen significant changes in the accounting and disclosure rules for the industry. While the book has thorough updates throughout, there are new industry issues specifically addressed from the accounting perspective.
Some of the significant updates and new material include:

  • Discussion of the significance of shale and unconventional production as it relates to accounting principles
  • New definitions of reserves from the Securities and Exchange Commission, and the impact on accounting processes
  • All citations and references align with the updated authoritative literature from the Financial Accounting Standards Board
  • A new chapter discussing specific issues previously unaddressed regarding property valuation in the industry
  • New, and updated, end-of-chapter problems