Category Archives for Oil and Gas Education

#022-What Does A Landman Do With Jim Hoffman

There is so much uncertainty surrounding the industry due to the change in federal administration and the pandemic. In today’s episode, Tom and Phil are joined by Jim Hoffman, National Sales Director for PDI. They discuss the various problems with land,the unprecedented times we are in, and some things that could help you navigate through it all. He also talks about three courses he developed to help educate others in the industry.

Highlights:

1:00 Jim’s accidental start in oil and gas

2:53 How Jim got into land

4:45 The problem with land according to Jim

6:45 Skills a good land man should have

8:37 Jim compares sales to baseball

15:10 Questions to ask a land man up front

19:01 What the operator and mineral owner should do when it comes to suspense

29:50 What is a duck?

31:42 One of the most important things mineral owners should do

34:10 Other things mineral owners can do

About Jim Hoffman:

Jim is National Sales Director for PDI and teaches three programs he developed, Land for non-Landman, Intro to Upstream, and Production Operations for energy related entities across the US. He has been in oil and gas for over 40 years, in software management and as VP or Director of software sales for several consulting entities including PwC and Oracle.

Connect with Jim:

[email protected]

About SherWare, Inc.

If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.

SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.

About COPAS:

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

Find a society near you.

www.copas.org

#015- How Derivatives Can Protect You In A Volatile Market with Doug Reeb

In today’s episode, Tom and Phil are joined by Doug Reeb, Partner at Plante Moran. They discuss the ways that derivatives and hedging can protect your assets in the current economy. Doug explains how 2020 was a great example of why having that protection is so important in the industry, and also some of the pitfalls that we may see moving into this new year due to the new administration and the uncertainty that we still face due to COVID 19.

Highlights:

01:29  Derivatives and hedging

04:35  What is a derivative and how does it help you?

08:11  How 2020 showed us the importance of derivatives

20:54 Types of derivative instruments we may see moving forward

29:33 Significant risks that could show up on 2020 financial statements

33:59 What would happen if our big financial institutions became unable to operate

36:17 The effect of a new administration on derivatives

About Doug Reeb:

As one of the firm’s more experienced oil and gas audit partners, Doug represents many high-profile oil and gas clients and local industry organizations. Most of his clients are private equity-owned, upstream oil and gas entities with assets primarily within the United States. He is also involved in SEC engagements for oil and gas and mining companies. In addition to his audit responsibilities, he also provides financial advisory services, specializing in technical accounting to non-attest clients. Previously, Doug led the energy accounting solutions (outsourced oil and gas accounting) and currently leads the oil and gas audit practices.He belongs to the AICPA and the Colorado Society of CPAs (COCPA), and has participated as a speaker and/or moderator at several AICPA Oil and Gas Conferences, as well as the COCPA’s annual SEC conferences.Doug is involved, or has been active in many professional organizations including the Denver Petroleum Club, treasurer; the Colorado Oil and Gas Association, finance committee member; the Western Energy Alliance, board of advisors; the Anchor Center for Blind Children, treasurer; the Tennyson Center for Children, board member; and the Family Star Montessori, board member.

He received my accounting degree from the University of Colorado Boulder and my master’s degree in finance from the University of Denver

Connect with Doug:

Plantemoran.com

About SherWare, Inc.

If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.

SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.

About COPAS:

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

Find a society near you.

www.copas.org

#012- How COPAS Will Transform Your Career in 2021 with Angie Knipe

In today’s episode, Tom and Phil are joined by Angie Knipe, Director of Training and Education for the COPAS National Office. They discuss the many educational courses offered by COPAS and who would benefit from them the most. They also talk about the changes that the program has had to make due to COVID-19, what it looks like moving forward, and why they have decided to provide significant discounts going into the new year.

Highlights:

3:28 Who is COPAS Energy Education for?

4:09 The delivery of COPAS Education

5:28 Who can take advantage of the courses offered by COPAS?

7:26  What types of courses are offered?

10:59 How you can earn CPE credits with COPAS Education

14:31 New courses that will be available in 2021

15:31 Why COPAS is offering discounts on their courses going into the new year

About Angie Knipe:

Angie Knipe is the Director of Training and Education for the COPAS National Office. She is responsible for the development, oversight, and administration of the COPAS Energy Education programs and COPAS virtual online programming for conferences, she coordinates and reviews updates and additions to the CEE programs. Angie is also responsible for the administration of the NASBA licensing and program compliance, in addition to the oversight and evaluation of our Expert instructors. Angie has been coordinating the development of our classroom and webinar classes and the delivery of our future programs.

Angie earned her BA in English and Anthropology, and MA in History at the University of Colorado at Colorado Springs (UCCS). Prior to joining COPAS, Angie was a history instructor at UCCS, and Pikes Peak Community College in Colorado Springs. Angie previously held the position of National Branch Administration and Training Director for a small but national mortgage company. Her earlier career in the British Army Intelligence Corps provided her with her first experiences of teaching adults and developing continuing professional education for military personnel. She is experienced in the development of both classroom and online programs for adults in corporate, military, and higher education settings.

Connect with Angie:

[email protected]

About SherWare, Inc.

If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.

SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.

About COPAS:

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

Find a society near you.

www.copas.org

TR-39 Download Link – List of all COPAS publications

COPAS Severance Tax Guide

COPAS Oil & Gas Industry Links

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