ACCT 5700 - Energy Industry Fundamentals

3 hours

Overview of the energy industry from early oil exploration through emerging alternative technologies. A broad overview of the geologic, engineering and business sides of the oil and gas industry. Acquaints students with the steps in the exploration, development and production of oil and gas from developing a prospect to delivering a product: how geologists decide where to drill, how mineral rights are acquired, how contracts are structured, and how financing is obtained for oil and gas deals. Includes the study of drilling and completion operations and the technology required to produce oil and gas. Students also are acquainted with the legal, regulatory and environmental issues encountered in drilling for and production of oil and gas.

Prerequisite(s): None.