Plan your NAPAC 2026 Experience

Explore keynotes, general sessions, and breakout tracks designed for oil and gas accounting professionals.

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General Information

Who Should Attend

  • Accounting and financial management leaders in upstream and midstream oil and gas.
  • Employees working in all aspects of upstream and midstream business functions in oil and gas.
  • Public accounting and governmental entity personnel.
  • Tax and audit personnel seeking to gain valuable insight into current regulation, laws and standards.
  • Individuals new to the industry seeking to enhance knowledge of financial, accounting, regulatory and operational aspects of upstream and midstream oil and gas.

Advanced Prep. None

Prerequisites. None, but a general knowledge of the oil and gas industry as it relates to accounting and auditing standards, financial reporting, tax regulations, policy and energy economics is helpful.

Recommended CPE Credit. Up to 14 hours

Cost & Registration. Early Bird: $695 | Standard: $850. Early Bird pricing ends April 30, 2026. Register today!

Accommodations. The Westin Galleria is offering a special group room rate of $229/night. Be sure to identify your reservation is for NAPAC to receive this preferred rate based on availability. Call 888-627-8536 or visit the reservation page by clicking here to make your reservation. Availability is NOT guaranteed before or after the cut-off date of May 2, 2026. If the block sells out before the cut-off date, it is at the hotel’s discretion whether to accept additional reservations, which will be subject to prevailing rates and availability.

Dress Code. Business casual. Always bring a sweater or jacket to ensure comfort as room temperatures can be difficult to regulate.

Schedule at a Glance

Thursday, May 14, 2026

7:30 a.m. Registration & Continental Breakfast

8 a.m. Opening Remarks 

8:20-9:20 a.m. Keynote Session

9:20-9:30 a.m. Transition

9:30-10:20 a.m. Concurrent Sessions

10:20-10:30 a.m. Transition

10:30-11:45 a.m. Concurrent Sessions

11:45 a.m. - Noon Transition

Noon - 1:15 p.m. Concurrent Sessions

1:15-1:30 p.m. Transition

1:30-2:45 p.m. Concurrent Sessions

2:45-2:55 p.m. Transition

2:55-3:45 p.m. Concurrent Sessions

3:45-3:55 p.m. Transition

3:55-5 p.m. General Session

5-6 p.m. Networking Reception

Friday, May 15, 2026

7:30 a.m. Registration & Continental Breakfast

8:15-9:15 a.m. General Session

9:15-9:25 a.m. Transition

9:25-10:25 a.m. Concurrent Sessions

10:25-10:35 a.m. Transition

10:35-11:35 a.m. Concurrent Sessions

11:35-11:45 a.m. Transition

11:45 a.m. - 1 p.m. Concurrent Sessions

1-1:15 p.m. Transition

1:15-2:15 p.m. Concurrent Sessions

Conference Full Schedule & Session Descriptions

Thursday, May 14, 2026

7:30 a.m. Registration & Continental Breakfast

8 a.m. Opening Remarks 

8:20-9:20 a.m. Keynote Session

GAS FIRST: HOW NATURAL GAS INFRASTRUCTURE IS UNLOCKING THE NEXT GENERATION OF DATA CENTER DEVELOPMENT

Field of Study: Information Technology, 1 CPE

Orgil Batsaikhan, President & CFO, WTG Energy

The U.S. has entered an energy demand cycle unlike anything seen in the past two decades. Grid interconnection queues are stretching past 2030, substations are at capacity, and a new class of energy-intensive users — led by hyperscale data centers and AI computing facilities — are turning to natural gas as the critical path to power.  Orgil Batsaikhan, President & CFO of WTG Energy, will share his perspective on what this unprecedented demand wave means for the broader oil and gas industry: where the volume growth is coming from, how it is reshaping infrastructure investment patterns, and what it signals about the long-term role of natural gas in the U.S. energy mix. Drawing on WTG’s firsthand experience operating and building gas infrastructure, Orgil will offer a practitioner’s view on the commercial, financial, and operational realities of scaling gas systems to meet a fundamentally different demand profile. 

Learning Objectives

  • Understand why data center and AI-driven power demand is creating a structural shift in natural gas consumption forecasts - and what that means for producers, midstream operators, and gas distributors alike.
  • Learn how the race to deliver power to new facilities is compressing development timelines and creating opportunities for gas infrastructure companies that can execute at pace - from purpose-built pipelines to behind-the-meter solutions.
  • Gain insight into the commercial and operational considerations for standing up new gas infrastructure at scale - and how the convergence of technology demand and energy infrastructure is redefining growth opportunities across the natural gas value chain.

9:20-9:30 a.m. Transition

9:30-10:20 a.m. Concurrent Sessions

TAX POLICY & POLITICS: A VIEW FROM INSIDE THE BELTWAY

Field of Study: Taxes, 1 CPE

Colin Wilhelm, Manager of Tax Legislative Affairs, Grant Thornton

This session is an overview of the Trump administration's current tariff regime, as well as changes to tax policy made by the OBBBA.

Learning Objectives

  • To learn about current tariff policy
  • An overview of tax policy changes made by the OBBBA
  • Economic and possible political impact of current policy

FROM FIELD TO FINANCE: AI FOR JIB ACCURACY, REVENUE INTEGRITY, AND AUDIT READINESS

Field of Study: Finance, 1 CPE

Sparsh Varma, Director, Consulting Services, Weaver

Petroleum accounting processes depend on data that moves across field systems, production accounting, and financial platforms before it reaches Joint Interest Billing and revenue distribution. The breakdowns between these systems are where errors are introduced, including miscoded costs, ownership timing gaps, allocation inconsistencies, and volume and pricing variances. These issues often remain hidden until they surface as partner disputes, audit findings, or close-process delays. Drawing on operator experience at upstream E&P companies and active production accounting system conversions, this session shows how AI can surface those exceptions before they reach the JIB, the revenue distribution, or the auditor. By shifting from manual reconciliation and sampling-based reviews to exception-based monitoring, accounting teams can improve accuracy, reduce dispute exposure, and create audit-ready processes aligned with COPAS practices.

Learning objectives:

  • Identify where field-to-finance data breakdowns create accounting risk. Understand the key handoff points that lead to JIB errors, revenue variances, and audit exceptions, including cost coding, ownership changes, and production-to-revenue reconciliation.
  • Evaluate how AI enables full-population monitoring and exception detection. Learn how AI can replace manual sampling with continuous monitoring across cost recovery, allocation, and revenue workflows to detect issues before they impact financial reporting.
  • Strengthen audit defensibility and compliance using automated controls. Apply practical approaches to improve traceability, documentation, and internal controls, making accounting processes more defensible to partners, auditors, and regulators.

LEADING AT THE SPEED OF ENERGY

Field of Study: Personal Development, 1 CPE

Shaler Tate, Controller, Aethon Energy

Leading at the Speed of Energy is a discussion based around the principles of progressive leadership evolution and how it has become more critical during a shift in the professional landscape for experienced accountants. 

  • Understanding principles of the empathetic leadership strategy
  • Leading without a title
  • Understanding the professional accounting shortage and how you can take advantage

GET WHAT YOU DESERVE: HOW TO VALIDATE YOUR GAS AND NGL REVENUE PAYMENTS

Field of Study: Specialized Knowledge, 1 CPE

James Tallant, President & CEO, Exigent Information Solutions

This session will provide an overview of the principles, rules, and methodologies used to allocate products processed by a gas plant. Attendees will also gain an understanding of product allocation measurement requirements and the key factors involved in accurately determining well revenues.

Learning Objectives

  • Learn how to quickly determine the profitability of each wellhead
  • Understand the calculations that are the basis for all revenue streams reported to well owners
  • Understand the common errors that contribute to inaccuracies in revenue calculations

10:20-10:30 a.m. Transition

10:30-11:45 a.m. Concurrent Sessions

TAX CREDITS AND INCENTIVES FOR THE OIL & GAS INDUSTRY

Field of Study: Taxes, 1.5 CPE

Keith Jordan, Partner, Kelsey Latham, Senior Manager & Michael Grover, Senior Manager, KPMG US

This session will provide an overview of key tax credits available to the oil and gas industry, with a primary focus on research and development (R&D), Inflation Reduction Act (IRA), and Federal Marginal Well credits. The session will highlight recent guidance relevant tax law changes that may affect how companies evaluate and document tax credit and incentive opportunities in the oil and gas sector.

  • Identify key tax credits and incentives available to the oil and gas industry, including R&D credits, Inflation Reduction Act (IRA) incentives, and the Marginal Well credit.
  • Understand what types of activities are potentially eligible for R&D and IRA tax credits.
  • Recognize how evolving guidance and relevant tax law changes may impact the evaluation, documentation, and realization of tax credit opportunities in the oil and gas sector.

AD VALOREM TAXES

Field of Study: Taxes, 1.5 CPE

Justin Livingston, Vice President in the Oil & Gas Department, KE Andrews

This presentation will focus on Ad Valorem taxation, with a special emphasis on strategies and considerations for property tax forecasting.

Learning Objectives

  • Understanding of different valuation methodologies in the oil and gas industry relating to Ad Valorem tax
  • Accrual challenges relating to these methodologies
  • Best practices for ad val tax modeling/forecasting

FROM ALLOCATION TO CLOSE: BUILDING PRODUCTION ACCOUNTING WORKFLOWS TEAMS CAN TRUST

Field of Study: Specialized Knowledge, 1.5 CPE

Patrick Polomsky, CEO & Founder, Prod Logic

Closing production reveals existing problems rather than causing them. This session explains how production accounting workflows can fail during field data collection, allocation, and marketing handoffs, leading to rework, delays, and diminished trust in reported volumes. Participants will learn to recognize where system logic fails, understand why common procedures such as plant allocations and take-in-kind handling often lead to recurring issues, and develop more controlled, auditable workflows that ensure a smooth, predictable close.

Learning Objectives

  • Recognize the points where production accounting workflows fail and understand the effects of these gaps on the month-end close
  • Comprehend how the allocation structure, plant data, and take-in-kind processes influence accuracy and auditability
  • Implement a practical method for restoring allocation logic within controlled, system-driven workflows

OIL & GAS PRODUCED WATER: PROBLEM, OPPORTUNITY OR BOTH?

Field of Study: Specialized Knowledge, 1.5 CPE

Dick Moore, Retired CPA, UNT Executive & Professional Learning

Produced water (“PW”) will be defined and its origin and common characteristics identified while it's relationship to oil and gas production is described. Historical disposition of PW will be explained as well as the limitations on those dispositions in the current environment. Growing volumes of PW and limitations on historical methods of disposition are imposing increasing costs on oil and gas producers at the same time that regulators are on placing limitations on disposal activities further increasing costs. These factors have led to efforts to treat PW for beneficial reuse but the treating costs limits the market for treated PW so the search is underway to extract more value from treated PW components to fund the cost of treating

Learning Objectives

  • Pros and cons of various methods of disposing of Produced Water and their limitations
  • Identify costs associated with disposal
  • Discuss benefits to get more value from Produced Water to allay treatment costs

11:45 a.m. - Noon Transition

Noon-1:15 p.m. General Session 

RISKS & REWARDS OF INTERNATIONAL OPERATIONS IN TODAY'S ENVIRONMENT

Field of Study: Specialized Knowledge, 1 CPE

Dr. Linda Nichols, Professor & Author, University of Louisiana, Lafayette

International operations can be influenced by the current geopolitical environment, which may affect stability and business decisions. It is also important to clearly define the distinction between cost oil and profit oil to avoid potential litigation. Despite these challenges, international operations remain attractive due to the possibility of high reward and profitability.

Learning Objectives

  • Be able to consider the geopolitical environment when entering into international agreements.
  • Have an understanding of how to weigh risks versus rewards of international operations in various types of regimes.
  • Know to avoid possible future litigation through well-defined contracts.

1:15-1:30 p.m. Transition

1:30-2:45 p.m. Concurrent Sessions

SURVIVING THE STORM: PRACTICAL STRATEGIES FOR NAVIGATING THE DOWNSIZED IRS

Field of Study: Taxes, 1.5 CPE

Bill Wilson, Tax Director, Whitley Penn; Joel Crouch, Attorney, Meadows Collier

This presentation will equip attendees with information to navigate audit, collections, penalty, and appeals issues with an understaffed, leaderless, and delay-prone IRS. It draws on the presenters’ recent case experiences in navigating issues caused by a shortage of personnel, inexperienced new hires, and IRS service center bottlenecks. The presentation will also discuss taxpayer friendly court cases involving penalty and interest relief and other tools and techniques to ensure taxpayer rights are protected.

Learning Objectives

  • Develop effective strategies for managing IRS examinations and appeals in a resource-constrained environment, including best practices for remote audits, techniques for working with inexperienced examiners, and methods to expedite case resolution.
  • Gain knowledge of recent judicial and statutory developments that can strengthen taxpayer arguments for abatement of certain late filing and late payment penalties and “math error” notices.
  • Gain effective techniques for responding to IRS Service Center Notices.

SEC COMPLIANCE

Field of Study: Accounting, 1.5 CPE

Kim Garber, Chief Executive Officer & Presley Valenzuela, Director of Client Development, Standish Compliance Services LLC

As energy companies increasingly raise capital through private funds and co-mingled investment vehicles, they are facing greater regulatory scrutiny from the SEC. This session will explore current examination trends and key compliance considerations affecting energy investment advisers. Panelists will discuss regulatory hot topics including valuation governance for illiquid and complex energy assets, expense allocation practices, conflicts of interest related to energy investments, marketing rule considerations around performance and track records, custody rule implications, and disclosure expectations. The discussion will also examine the transition many energy operators are making from traditional operating models to managing pooled investment vehicles, highlighting legal and compliance considerations that arise along that path.

Learning Objectives

  • Understand current SEC exam priorities affecting energy investment advisers, including common areas of regulatory focus and enforcement risk.
  • Identify key governance and accounting considerations related to valuation, expense allocation, performance reporting, and investor disclosures for energy assets.
  • Recognize the regulatory implications of moving from operator to fund manager, including compliance, structural, and oversight requirements when managing co-mingled investment vehicles.

IT'S NOW BEEN 65 YEARS OF COPAS AUDITING & JOINT INTEREST ACCOUNTING; WHERE HAVE WE BEEN, WHERE ARE WE, WHERE ARE WE GOING? 

Field of Study: Accounting & Auditing, 1.5 CPE

Mike Cougevan, Executive Vice President & Matt Pilkington, Vice President of Audit, Martindale Consulting

COPAS was formed in 1961.  A lot has changed in 65 years and after creation of more than 100 publications.  Come listen to Mike and Matt discuss the sometimes subtle and sometimes drastic evolution of joint interest accounting rules and principles and where joint venture audits started and where they are now.  Mergers, downsizing, COVID-19, booms and busts, and the entry of venture capital firms have dramatically changed how things are done and the operator/non-operator relationship, even compared to ten years ago.  Mike and Matt will discuss the impacts and consequences of those changes.

Learning Objectives

  • Analyze the historical development of COPAS publications and the evolution of joint interest accounting rules and principles since 1961
  • Assess the impact of industry changes - including mergers, downsizing, COVID-19, market volatility, and private equity involvement on joint venture audits and operator/owner relationships
  • Evaluate current joint interest audit practices to determine how these changes influence risk, compliance, and collaboration in today's oil and gas environment

HOT TOPICS IN SEVERANCE TAX: AUDITS, REFUNDS, AND RISK

Field of Study: Taxes, 1.5 CPE

Sarah Macgruder, CEO, Savvy O&G Consulting

Severance tax continues to be a high-risk, high-impact area for oil and gas companies, with increasing audit activity, evolving state interpretations, and significant refund opportunities often left unclaimed. This session will explore current trends in severance tax audits, highlight common areas of exposure, and provide practical guidance on identifying and capturing refund opportunities. Attendees will gain insights into how to proactively manage risk, strengthen compliance processes, and navigate complex state-specific requirements with confidence.

Learning Objectives:

  • Identify the most common triggers and focus areas in severance tax audits across key producing states.
  • Evaluate potential refund opportunities and understand the processes for recovering overpaid severance taxes.
  • Develop strategies to mitigate risk and improve severance tax compliance in a rapidly changing regulatory environment.

2:45-2:55 p.m. Transition

2:55-3:45 p.m. Concurrent Sessions

MAPPING THE TAX TERRAIN: PROPERTY & SEVERANCE TAXES ACROSS MAJOR ENERGY STATES

Field of Study: Taxes, 1 CPE

Marty Tschida, Principal - State and Local Tax; Lily Loreado, State and Local Tax Manager; Jacob Johnson, Property Tax and Valuation Professional, Baker Tilly

Property and Severance Tax updates for the following states: Texas, New Mexico, Colorado, Utah and Louisiana

Learning Objectives

  • Understand the key components of the property tax systems in Texas and Louisiana, including valuation methodology, assessment process reporting and requirements
  • Understand the approach of Severance Tax in each state and the different incentives available in each state for reducing your liability.
  • Update on key state changes for Property and Severance Taxes.

WATERFLOODING - THE MOST COMMON SECONDARY OIL RECOVERY TECHNIQUE

 Field of Study: Specialized Knowledge, 1 CPE

Deacon Marek, Senior Engineering Advisor, Haas & Cobb

This session will cover key considerations for identifying strong waterflood candidates, including the types of oil properties that are most favorable. It will also explore the potential for additional oil recovery through waterflooding and outline general steps for estimating waterflood oil potential. In addition, the discussion will address the unitization process and its role in maximizing recovery while preventing waste.

Learning Objectives

  • Describe why waterflooding is a widely used secondary recovery method
  • Differentiate between types of waterfloods and evaluate factors that influence their effectiveness
  • Explain the importance of timing in waterflood implementation and its impact on recovery outcomes

IDENTIFYING FINANCIAL MANIPULATION THROUGH FINANCIAL METRICS

 Field of Study: Specialized Knowledge, 1 CPE

Gary Hapken, Retired CPA, UNT Executive & Professional Learning

This session is designed to raise the awareness of the participants of how to identify possible financial manipulation and fraud through financial analysis and metrics. This workshop will use real world examples and also highlight motivating behaviors to watch for.

Learning Objectives

  • Recognize potential red flags
  • Identify analytical tools
  • Highlight specific ratios and metrics that should receive extra attention for possible manipulation.

YOUR FRIEND THE JOA

Field of Study: Accounting, 1 CPE

Richard Chapman, Jr., Independent Contractor, Oil & Gas

This session will outline the importance of why Oil and Gas Accountants should be familiar with certain aspects of the JOA and give a brief big picture overview of the portions of the JOA that Oil and Gas Accountants should be familiar with.

Learning Objectives

  • To understand why oil and gas accountants should be familiar with certain aspects of the JOA.
  • To understand how the JOA is used for both operational and accounting purposes.
  • To give a brief overview of the accounting procedure and gas balancing exhibits in the JOA.

3:45-3:55 p.m. Transition

3:55-5 p.m. General Session 

ENERGY PANEL

Field of Study: Specialized Knowledge, 1 CPE

Buffie Campbell, Managing Director, Whitley Penn; Allie White, President, Foundation Energy Partners; Leslie Moriyama, CFO, Dorchester Minerals LP

Join us for a dynamic panel discussion featuring energy industry thought leaders from diverse backgrounds. Panelists will share their perspectives on the current state of the industry and what lies ahead, responding to questions from both the moderator and audience.

The conversation will explore key topics such as capital trends, mergers and acquisitions, technological advancements, and other timely insights shaping the future of the energy sector.

Learning Objectives

  • Identify key capital trends and mergers and acquisitions impacting oil and gas accounting.
  • Evaluate expert perspectives on the future of the energy industry and the potential impact of emerging technologies.
  • Analyze how financial reporting, revenue recognition, and cost structures are evolving within the energy sector.

Friday, May 15, 2026

7:30 a.m. Continental Breakfast

8:15-9:15 a.m. General Session

TRANSFORMATIVE TRANSACTIONS: A REVIEW OF RECENT MERGERS, ACQUISITIONS & INNOVATIVE DEAL STRUCTURES IN THE OIL & GAS INDUSTRY

Field of Study:Specialized Knowledge, 1 CPE

Jason Schumacher, Partner, O'Melveny

Review major mergers and acquisitions completed over the past year and examine innovative transaction structures emerging in the oil and gas industry.

Learning Objectives

  • Identify macro trends in large oil and gas transactions and assess their impact on the industry.
  • Describe the structure of capital entering the oil and gas industry.
  • Evaluate emerging transaction structures being utilized in oil and gas projects.

9:15-9:25 a.m. Transition

9:25-10:25 a.m. Concurrent Sessions

CURRENT ISSUES & CONSIDERATIONS IN OIL & GAS TAXATION - NEW TWISTS ON ESTABLISHED CONCEPTS

Field of Study: Specialized Knowledge, 1 CPE

Julia Pashin, Partner, Akin Gump; Greg Matlock, Partner/Principal, EY Americas; John Bradford, Of Counsel, Liskow Lewis

This panel will examine recent developments in the economic interest concept dealing with the availability of an alternate source of investment recovery. This panel also will examine meeting the requirements for an election out under Section 761 in cases where third-party vendors dispose of hydrocarbon products such as “skim oil” and “drip” condensate on behalf of the producers in a joint operating agreement and where a gas balancing agreement is included in the joint operating agreement. This panel will conclude by addressing certain drafting considerations, including with respect to the “Allocated Values” and Section 1060 allocation schedules to an oil and gas property purchase agreement to optimize the bonus depreciation deduction revitalized by the 2025 One Big Beautiful Bill Act.

Learning Objectives

  • Eligibility to elect out under Section 761 in cases where third-party vendors dispose of hydrocarbon products such as “skim oil” and “drip” condensate on behalf of the producers in a joint operating agreement.
  • Best practices for drafting gas balancing agreements to satisfy the cumulative method.
  • Current developments around the economic interest concept in the context of an alternate source of investment recovery.

FASB UPDATE

Field of Study: Accounting, 1 CPE

Taylor Peruso, Manager, Oil & Gas Resident, EY

This session provides an overview of recent developments in financial reporting and accounting, including updates on the FASB’s technical agenda and current activities of the SEC and its staff. We will discuss trends in SEC staff comment letters, recent regulatory developments, and emerging financial reporting issues that may affect companies in the oil and gas industry.

Learning Objectives

  • Determine recent accounting pronouncements and potential considerations for oil and gas entities
  • Identify ongoing projects on the FASB’s agenda and relevant status updates
  • Recognize trends and observations from SEC activities and staff comments and speeches that may affect oil and gas entities

SURVIVING A STATE/FEDERAL AUDIT

Field of Study: Auditing, 1 CPE

Steve Bailey, Director of Revenue Royalty, Baker Tilly US

Compliance audits are seldom anticipated as a certainty and rarely a consideration in employee headcount.  Consequently, responders struggle to meet the auditor’s expectations in both evidential support and response times.  In this presentation, Steve will provide perspective on best practices in both data retention and in active audit response activity.

Learning Objectives

  • Discuss the primary concerns and risks of adequate preparation for State or Federal compliance audits.
  • Identify best practices in process and support documentation storage and retention.
  • Practice enhanced audit response techniques that demonstrate efficient and effective audit management.

IS LONGER ALWAYS BETTER? THE ECONOMICS OF WELL BORES

Field of Study: Specialized Knowledge, 1 CPE

Edward Ramirez, CEO, Earth Resources

Over the past 10 years, the average length of horizontal wells has increased, with some going up to 5 miles. Yet the longer they are doesn’t always yield better results in either production or profitability. In this presentation we explore lateral lengths and frac widths and possible alternatives depending on the formation geology, focusing on return to the bottom line.

Learning Objectives: 

  • How lateral lengths and frac widths may affect return on investment (ROI).
  • How well spacing may affect ROI positively or negatively in different formations.
  • How to optimize lateral length, frac design, and well spacing for maximum economic performance across varying geologic conditions.

10:25-10:35 a.m. Transition

10:35-11:35 a.m. Concurrent Sessions

TAX PLANNING FOR THE DISPOSITION OF ASSETS

Field of Study: Taxes, 1 CPE

Todd Keator, Principal & Daniel Sorensen, Senior Tax Manager, Deloitte Tax LLP

This presentation explains how transaction structure, asset mix, and historical tax positions influence gain character, cash-tax timing, and after-tax proceeds. It highlights key tax levers and constraints, including §1245 ordinary income recapture and §751 hot-asset ordinary income in partnership transactions, as well as planning considerations around bonus depreciation and IDC treatment. The discussion also covers potential deferral strategies such as §1031 for qualifying real property interests and Qualified Opportunity Zone reinvestment for eligible capital gains, plus O&G-specific items like the marginal well credit.

Learning Objectives

  • Identify how transaction structure and asset mix drive gain character
  • Evaluate planning alternatives and constraints for reducing or deferring tax on dispositions
  • Apply a practical diligence and modeling approach to estimate tax impacts and support deal decision making

DEFINITION OF A BUSINESS FOR THE OIL & GAS INDUSTRY

Field of Study: Accounting, 1 CPE

Jonathan Perdue, Professional Practice Principal - Accounting, BDO USA

This session will explore how to evaluate whether an acquired group of assets (acquired set) by an oil and gas entity meets the definition of a business in accordance with ASC 805, Business Combinations.

Learning Objectives

  • Apply the ASC 805 screen test to oil & gas transactions
  • Distinguish between a business and an asset acquisition using ASC 805
  • Evaluate substantive processes in oil & gas acquisitions
  • Explain the accounting implications of business combinations versus asset acquisitions

RESERVES ENGINEERS & ACCOUNTANTS IMPROVING COMMUNICATION

Field of Study: Specialized Knowledge, 1 CPE

Dave Loucks, Principal, Opportune LLP; Rick Talley, Chairman & CEO, Netherland Sewell & Associates, Inc.

Learn how to communicate better with your internal and external reserve engineers.

Learning Objectives

  • Evaluate reserve estimates by asking targeted questions of reserve engineers
  • Analyze the key components of a reserve report
  • Distinguish between extensions and revisions in the Lower 48
  • Assess trends in comment letters and their potential impact

 M&A FOR UPSTREAM OPERATORS - DATA IMPLICATIONS & USING AI TO IMPROVE DECISIONS

 Field of Study: Information Technology, 1 CPE

Greg Lawrence, Energy Practice Leader in SAP, Accenture

In this session, Greg will explore the various data migration/conversion considerations facing upstream accounting and operations activities.  As mergers and acquisitions continue to be the normal operating environment for upstream operators, the need to quickly and effectively manage the data coming in or going out of the organization becomes a valuable part of the transaction.  In the past 4 decades of seeing how organizations struggle with this activity we have continued to work on tools and approaches for making that process less arduous and reducing the errors and the manual intervention.  That goal will now be accelerated through the use of AI and how agents can be used to reduce errors and the time it takes to merge the data sets together.  We will examine various considerations for data and how the process to manage that data can be impacted by AI.

Learning Objectives

  • Explore the various decisions around the typical datasets
  • Review some of the approaches for managing the data coming in or going out
  • Build awareness on how the proper use of AI can streamline the process

11:35-11:45 a.m. Transition

11:45 a.m. - 1 p.m. General Session

TEXAS ENERGY UPDATE

Field of Study:  Regulatory Ethics, 1 CPE

Wei Wang, Commissioner & Alexander Schoch, General Counsel, Railroad Commission of Texas

The presentation will provide an update on Texas energy from a regulatory perspective.

Learning Objectives

  • Reinforce the importance of Texas energy production
  • Identify key current regulatory issues
  • Review the regulation of carbon sequestration projects

1-1:15 p.m. Transition

1:15-2:15 p.m. Concurrent Sessions

TAX TOPIC

1 CPE

Howard Wagner, Managing Director - Washington National Tax, Forvis Mazars

More details coming soon.

ABS

1 CPE

Andrew Long, Senior Vice President, East West Bank

More details coming soon.

LEADING THROUGH THE BREACH: EXECUTIVE LEADERSHIP IN CYBERSECURITY INCIDENTS

Field of Study: Information Technology, 1 CPE

Jesus Vega, Cybersecurity Managing Director, Whitley Penn

This session provides a high-level understanding of how cyber breaches impact an organization financially and legally, teaches how to build an effective post-attack recovery plan, and outlines the preventive controls and governance needed to strengthen long‑term cyber resilience. Learners will explore regulatory obligations, financial and reputational risks, strategies for restoring operations, and ways to align cybersecurity investments with enterprise risk and financial planning.

Learning Objectives

  • Understand the financial and regulatory impact of a cyber breach
  • Develop an action plan for business recovery post-attack
  • Implement preventative controls and governance for cyber resilience

LAND FOR THE REST OF US

Field of Study: Specialized Knowledge, 1 CPE

Jim Hoffman, Energy Sales Director, UNT Executive & Professional Learning

It has been said that Land can be the most confusing part of Upstream Oil & Gas. Understanding Land can better your interface with your peers, bosses, mineral owners, surface owners and government entities saving your organization time, money and painful experiences by implementing best practices and avoiding costly missteps.

Learning Objectives

  • Communicate better with all parties affected by a lease and with your co-workers in Land.
  • Identify issues which you as an employee or mineral owner would benefit from additional knowledge.
  • Apply Land operational knowledge to potential effects on financial issues.

Terms & Conditions

Attendance Monitoring. A committee member will provide a check-in code at the beginning of each session and a check-out code at the end. Attendees must enter these codes into the NAPAC app to verify their attendance and earn CPE hours. The codes will also be displayed on a digital board at the front and back of the room.

Session Topics. Session topics and speakers are subject to change.

Conference Photo & Video Policy. Registrants of NAPAC 2026 agree to allow NAPAC and its official photographer and videographer to photograph and record them in the context of the conference. Footage captured by the official photographer and videographer may be used in future print and electronic promotional and archival materials. For questions or concerns, please call 940.369.7363 or email prolearning@unt.edu. 

Refunds & Cancellations. Please note that the following apply to all registrants, whether prepaid or invoiced. A participant may receive a full refund by providing to PDX written cancellation 10 or more business days prior to the starting date of the program. No refunds will be granted after the start of the program. Substitutions are accepted at any time up to and including the starting date of the program. If the enrollment is not sufficient to warrant holding the program, PDX reserves the right to cancel. If this situation does occur, you could receive a full refund. PDX is not responsible for any expenses (such as airline tickets) incurred by registrant due to cancellation.

UNT PDX Professional Development Experience is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org