JAN 2022 President’s Message

The question I submitted in last July 2021 President’s Message was “Is the insanity over?” My answer to that today is “I think so.”  The question I ask now is “Where are we headed in 2022?” My crystal ball says, “the Oil and Gas Industry is on the rise...

COPAS National 2022 Event Update

National Winter meeting Will be held virtualJanuary 20th, 9:40-11:00, 12:00-2:00Cost - $100 National Spring Conference April 25-29Houston Society will hostLocation – San Luis Resort in Galveston, TXCost - $350 for Members, $320 for GuestsCOPAS Hotel Room Rate -...

MFI-40 Update

The MFI-40, 24 Month Adjustment Period for Joint Account Adjustments, is on hold to focus society committees on the 202X Accounting Procedure. 

202X Accounting Procedure Update

The JI Committee voted on the proposed final draft of the new 202X Accounting Procedure at the Fall 2021 COPAS Conference held October 19, 2021.  The proposed final draft failed to pass the 2/3 of the societies who voted.  The drafting team received recommended...


By becoming a member of COPAS-San Antonio, you will learn more about the petroleum industry’s best accounting practices, standards, and guidelines…opening up exciting new avenues for you and your career!

President's Message

Read the lastest President’s Message.  The President’s Message provides for communicating goals and direction for the current period and may outline some signifigent past achievments or issues overcome.  Your feedback and commenting on the message is welcome.


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We intend to serve as THE source of business and accounting solutions for the energy industry.  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.


The Council of Petroleum Accountants Societies, Inc. (COPAS) is a professional organization comprised of the oil and gas industry’s most knowledgeable and influential accounting professionals.  COPAS has operated as a non-profit entity for more than 60 years and has 26 societies in the United States and Canada.  Many of our publications and guidelines are incorporated into contracts and establish many of the rules and guidelines used by our members in their daily jobs.  The collective COPAS expertise is often looked to by many governmental agencies for assistance in drafting procedures and rules.  Our members work in academia, governmental agencies, consulting companies and oil and gas exploration and production companies ranging from sole proprietorships to the largest integrated “majors”; there is no better place for networking, knowledge sharing and educational opportunities.

COPAS was established in 1961 by representatives from various independent local societies throughout the United States and Western Canada.  These societies recognized the need for standardized procedures and guidelines as the oil and gas industry expanded across the country so that common issues and problems could be addressed in a central forum.  The societies wanted to develop standardized documents in areas such as joint interest accounting, auditing, production volume and revenue accounting, and financial reporting and tax matters so that companies operating in all parts of the U.S. and Canada could be more effective and efficient by using the same standards and guidelines.

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The mission of the PASSA Scholarship Program is to help those students seeking a career in accounting obtain their goals through higher education. 

For more information regarding our organization, mission,vision and history, please visit the National COPAS website