# Account for land and lease assets

*/Processes/Account_for_land_and_lease_assets*

## Digital Scalar

**Band**: digital
**Digital**: 0.85
**Rationale**: Because there are no seeded child occupations for this composite, the scalar is derived entirely from the process name 'Account for land and lease assets'. While the upstream Oil and Gas Extraction industry involves heavy physical work, the specific activity of accounting, lease administration, and ledger tracking is purely information-transformation and desk-based knowledge work, placing it firmly in the digital band.

## Process Profile

**Outcome**: Asset values, depletion expenses, and lease obligations are recorded and reconciled in the financial ledger.
**Trigger**: A land right is acquired, a lease agreement is executed, or an existing lease is modified.
**Key Steps**:
- Receive lease agreement and land right documentation
- Classify asset for capitalization or expensing
- Calculate depletion and amortization based on reserve production
- Record asset values and lease obligations in the ledger
- Execute periodic impairment testing
- Update accounts for lease renewals or expirations
**Measured By**:
- [Lease Accounting Accuracy](/Metrics/Lease_Accounting_Accuracy)
- [Capitalization Cycle Time](/Metrics/Capitalization_Cycle_Time)
- [Impairment Test Completion Rate](/Metrics/Impairment_Test_Completion_Rate)
- [Audit Exception Rate](/Metrics/Audit_Exception_Rate)

## Boundary Of Firm

**Outsourced To**:
- [Accounting Outsourcing Firm](/CompanyTypes/Accounting_Outsourcing_Firm)
- [Lease Administration Provider](/CompanyTypes/Lease_Administration_Provider)
**Automatability**: augmented
**Routing Summary**:
- Lease liability measurement, right-of-use asset amortization, and depreciation postings are automated by a lease accounting system.
- Lease portfolio administration is sometimes outsourced to a lease administration provider.
- Lease classification judgment and disclosure preparation are kept in-house by lease accountants.
**Delivered By Role**:
- [Fixed Asset Accountant](/Processes/Account_for_land_and_lease_assets/JobTypes/Fixed_Asset_Accountant)
- [Lease Accountant](/Processes/Account_for_land_and_lease_assets/JobTypes/Lease_Accountant)
**Asset Specificity**: specific
**Automated By Action**:
- [Calculate Lease Liability](/Action/Calculate_Lease_Liability)
- [Post Depreciation Entry](/Action/Post_Depreciation_Entry)
- [Generate Amortization Schedule](/Action/Generate_Amortization_Schedule)
**Automated By Software**:
- [Lease Accounting System](/Software/Lease_Accounting_System)
- [Fixed Asset Management System](/Software/Fixed_Asset_Management_System)
**Delivered By Department**:
- [Finance](/Processes/Account_for_land_and_lease_assets/Departments/Finance)
- [Accounting](/Processes/Account_for_land_and_lease_assets/Departments/Accounting)

## Neighborhood

### Parent

- [Oil and Gas Extraction](/Industries/Oil_and_Gas_Extraction) — parent · Industries

### Siblings

- [Develop and Manage Upstream Petroleum-Related Technologies](/Processes/Develop_and_Manage_Upstream_Petroleum-Related_Technologies) — siblings · Processes
- [Manage upstream petroleum-related technology portfolio](/Processes/Manage_upstream_petroleum-related_technology_portfolio) — siblings · Processes
- [Develop new upstream petroleum-related technologies](/Processes/Develop_new_upstream_petroleum-related_technologies) — siblings · Processes
- [Evaluate performance of existing upstream petroleum-related technologies against market opportunities](/Processes/Evaluate_performance_of_existing_upstream_petroleum-related_technologies_against_market_opportunities) — siblings · Processes
- [Define upstream petroleum-related technology development requirements](/Processes/Define_upstream_petroleum-related_technology_development_requirements) — siblings · Processes
- [Confirm alignment of upstream petroleum-related technology concepts with business strategy](/Processes/Confirm_alignment_of_upstream_petroleum-related_technology_concepts_with_business_strategy) — siblings · Processes
- [Manage upstream petroleum-related technology life cycle](/Processes/Manage_upstream_petroleum-related_technology_life_cycle) — siblings · Processes
- [Identify potential improvements to existing upstream petroleum-related technologies](/Processes/Identify_potential_improvements_to_existing_upstream_petroleum-related_technologies) — siblings · Processes
- [Identify new upstream petroleum-related technologies](/Processes/Identify_new_upstream_petroleum-related_technologies) — siblings · Processes
- [Assess feasibility of integrating new leading upstream petroleum-related technologies into upstream petroleum-related technology concepts](/Processes/Assess_feasibility_of_integrating_new_leading_upstream_petroleum-related_technologies_into_upstream_petroleum-related_technology_concepts) — siblings · Processes
- [Plan and develop cost, quality and performance targets](/Processes/Plan_and_develop_cost,_quality_and_performance_targets) — siblings · Processes
- [Prioritize and select new upstream petroleum-related technology concepts](/Processes/Prioritize_and_select_new_upstream_petroleum-related_technology_concepts) — siblings · Processes
- [Plan for upstream petroleum-related technology offering modifications](/Processes/Plan_for_upstream_petroleum-related_technology_offering_modifications) — siblings · Processes
- [Introduce new upstream petroleum-related technologies](/Processes/Introduce_new_upstream_petroleum-related_technologies) — siblings · Processes
- [Retire outdated/inefficient upstream petroleum-related technologies](/Processes/Retire_outdated%2Finefficient_upstream_petroleum-related_technologies) — siblings · Processes
- [Assess, design, build, and evaluate upstream petroleum-related technologies](/Processes/Assess,_design,_build,_and_evaluate_upstream_petroleum-related_technologies) — siblings · Processes
- [Assign resources to upstream petroleum-related technology project](/Processes/Assign_resources_to_upstream_petroleum-related_technology_project) — siblings · Processes
- [Develop asset specific upstream petroleum-related technology design specifications](/Processes/Develop_asset_specific_upstream_petroleum-related_technology_design_specifications) — siblings · Processes
- [Conduct Front End Design and Engineering FEED](/Processes/Conduct_Front_End_Design_and_Engineering_FEED) — siblings · Processes
- [Collaborate on design with suppliers and contract manufacturers to produce product](/Processes/Collaborate_on_design_with_suppliers_and_contract_manufacturers_to_produce_product) — siblings · Processes
- [Define field production targets](/Processes/Define_field_production_targets) — siblings · Processes
- [Determine ability to deliver as scheduled/required](/Processes/Determine_ability_to_deliver_as_scheduled%2Frequired) — siblings · Processes
- [Match needs to vendors capabilities](/Processes/Match_needs_to_vendors_capabilities) — siblings · Processes
- [Analyze organization's spend profile](/Processes/Analyze_organization's_spend_profile) — siblings · Processes
- [Expedite orders and satisfy enquiries, goods and service field requests](/Processes/Expedite_orders_and_satisfy_enquiries,_goods_and_service_field_requests) — siblings · Processes
- [Record receipt of goods and services](/Processes/Record_receipt_of_goods_and_services) — siblings · Processes
- [Monitor quality of product and services delivered](/Processes/Monitor_quality_of_product_and_services_delivered) — siblings · Processes
- [Operate and optimize outbound transportation](/Processes/Operate_and_optimize_outbound_transportation) — siblings · Processes
- [Receive, inspect and store inbound deliveries](/Processes/Receive,_inspect_and_store_inbound_deliveries) — siblings · Processes
- [Measure customer satisfaction with customer complaint handling and resolution](/Processes/Measure_customer_satisfaction_with_customer_complaint_handling_and_resolution) — siblings · Processes
- [Train and educate functional employees and responders](/Processes/Train_and_educate_functional_employees_and_responders) — siblings · Processes
- [Create EHS policy, practices and procedures](/Processes/Create_EHS_policy,_practices_and_procedures) — siblings · Processes
- [Provide employees /families with EHS support](/Processes/Provide_employees_%2Ffamilies_with_EHS_support) — siblings · Processes
- [Acquire asset (access)](/Processes/Acquire_asset_(access)) — siblings · Processes
- [Strategize acquisition](/Processes/Strategize_acquisition) — siblings · Processes
- [Define key value drivers](/Processes/Define_key_value_drivers) — siblings · Processes
- [Identify opportunities/geological prospects](/Processes/Identify_opportunities%2Fgeological_prospects) — siblings · Processes
- [Gather/create opportunities](/Processes/Gather%2Fcreate_opportunities) — siblings · Processes
- [Screen and prioritize opportunities](/Processes/Screen_and_prioritize_opportunities) — siblings · Processes
- [Develop key alignment points](/Processes/Develop_key_alignment_points) — siblings · Processes
- [Engage key decision makers](/Processes/Engage_key_decision_makers) — siblings · Processes
- [Select opportunities to evaluate](/Processes/Select_opportunities_to_evaluate) — siblings · Processes
- [Evaluate opportunities](/Processes/Evaluate_opportunities) — siblings · Processes
- [Form team and dedicate resources](/Processes/Form_team_and_dedicate_resources) — siblings · Processes
- [Conduct technical analysis](/Processes/Conduct_technical_analysis) — siblings · Processes
- [Identify sources of value and develop business case](/Processes/Identify_sources_of_value_and_develop_business_case) — siblings · Processes
- [Determine value and decide whether to pursue](/Processes/Determine_value_and_decide_whether_to_pursue) — siblings · Processes
- [Pursue opportunities](/Processes/Pursue_opportunities) — siblings · Processes
- [Confirm potential value of target](/Processes/Confirm_potential_value_of_target) — siblings · Processes
- [Develop pursuit plan](/Processes/Develop_pursuit_plan) — siblings · Processes
- [Establish price and negotiation strategy](/Processes/Establish_price_and_negotiation_strategy) — siblings · Processes
- [Structure deal, launch offer, close contracts](/Processes/Structure_deal,_launch_offer,_close_contracts) — siblings · Processes
- [Finalize agreement and prepare for integration](/Processes/Finalize_agreement_and_prepare_for_integration) — siblings · Processes
- [Handover successful opportunities to exploration, development or production](/Processes/Handover_successful_opportunities_to_exploration,_development_or_production) — siblings · Processes
- [Explore asset](/Processes/Explore_asset) — siblings · Processes
- [Develop exploration strategy](/Processes/Develop_exploration_strategy) — siblings · Processes
- [Acquire seismic data](/Processes/Acquire_seismic_data) — siblings · Processes
- [Process seismic data](/Processes/Process_seismic_data) — siblings · Processes
- [Develop seismic models](/Processes/Develop_seismic_models) — siblings · Processes
- [Perform basin analysis](/Processes/Perform_basin_analysis) — siblings · Processes
- [Develop prospect drilling portfolio](/Processes/Develop_prospect_drilling_portfolio) — siblings · Processes
- [Develop program for data collection from exploratory wells](/Processes/Develop_program_for_data_collection_from_exploratory_wells) — siblings · Processes
- [Develop prospect definition](/Processes/Develop_prospect_definition) — siblings · Processes
- [Create ready-to-drill inventory](/Processes/Create_ready-to-drill_inventory) — siblings · Processes
- [Evaluate exploration wells and delineate geological prospects](/Processes/Evaluate_exploration_wells_and_delineate_geological_prospects) — siblings · Processes
- [Submit regulatory reports as required](/Processes/Submit_regulatory_reports_as_required) — siblings · Processes
- [Handover successful exploration wells for appraisal](/Processes/Handover_successful_exploration_wells_for_appraisal) — siblings · Processes
- [Appraise asset](/Processes/Appraise_asset) — siblings · Processes
- [Organize asset data](/Processes/Organize_asset_data) — siblings · Processes
- [Acquire/process seismic data](/Processes/Acquire%2Fprocess_seismic_data) — siblings · Processes
- [Acquire/process well log data](/Processes/Acquire%2Fprocess_well_log_data) — siblings · Processes
- [Acquire and analyze geophysical data](/Processes/Acquire_and_analyze_geophysical_data) — siblings · Processes
- [Acquire and analyze geochemical data](/Processes/Acquire_and_analyze_geochemical_data) — siblings · Processes
- [Estimate data uncertainty](/Processes/Estimate_data_uncertainty) — siblings · Processes
- [Develop asset model](/Processes/Develop_asset_model) — siblings · Processes
- [Update surface geological model](/Processes/Update_surface_geological_model) — siblings · Processes
- [Update seismic model](/Processes/Update_seismic_model) — siblings · Processes
- [Correlate well data](/Processes/Correlate_well_data) — siblings · Processes
- [Integrate seismic and well model](/Processes/Integrate_seismic_and_well_model) — siblings · Processes
- [Update reservoir model](/Processes/Update_reservoir_model) — siblings · Processes
- [Characterize reservoir](/Processes/Characterize_reservoir) — siblings · Processes
- [Estimate hydrocarbon potential](/Processes/Estimate_hydrocarbon_potential) — siblings · Processes
- [Build field development scenarios](/Processes/Build_field_development_scenarios) — siblings · Processes
- [Build sub-surface development scenarios](/Processes/Build_sub-surface_development_scenarios) — siblings · Processes
- [Build facility infrastructure scenarios](/Processes/Build_facility_infrastructure_scenarios) — siblings · Processes
- [Build operating scenarios](/Processes/Build_operating_scenarios) — siblings · Processes
- [Evaluate economic viability](/Processes/Evaluate_economic_viability) — siblings · Processes
- [Evaluate well costs](/Processes/Evaluate_well_costs) — siblings · Processes
- [Evaluate facility, pipeline and other infrastructure costs](/Processes/Evaluate_facility,_pipeline_and_other_infrastructure_costs) — siblings · Processes
- [Perform prospect development economic analysis and alternatives](/Processes/Perform_prospect_development_economic_analysis_and_alternatives) — siblings · Processes
- [Perform uncertainty analysis](/Processes/Perform_uncertainty_analysis) — siblings · Processes
- [Propose development plan](/Processes/Propose_development_plan) — siblings · Processes
- [Develop proposal](/Processes/Develop_proposal) — siblings · Processes
- [Compile plan](/Processes/Compile_plan) — siblings · Processes
- [Submit regulatory reports for asset development](/Processes/Submit_regulatory_reports_for_asset_development) — siblings · Processes
- [Handover appraisal results to field development team](/Processes/Handover_appraisal_results_to_field_development_team) — siblings · Processes
- [Develop asset](/Processes/Develop_asset) — siblings · Processes
- [Develop surface facilities](/Processes/Develop_surface_facilities) — siblings · Processes
- [Prepare conceptual design](/Processes/Prepare_conceptual_design) — siblings · Processes
- [Prepare front-end engineering design (FEED) and costs](/Processes/Prepare_front-end_engineering_design_(FEED)_and_costs) — siblings · Processes
- [Prepare detailed design](/Processes/Prepare_detailed_design) — siblings · Processes
- [Execute construction and precommission](/Processes/Execute_construction_and_precommission) — siblings · Processes
- [Commission and prepare handover](/Processes/Commission_and_prepare_handover) — siblings · Processes
- [Develop subsurface](/Processes/Develop_subsurface) — siblings · Processes
- [Develop preliminary well design](/Processes/Develop_preliminary_well_design) — siblings · Processes
- [Develop detailed well design](/Processes/Develop_detailed_well_design) — siblings · Processes
- [Develop well program](/Processes/Develop_well_program) — siblings · Processes
- [Construct well](/Processes/Construct_well) — siblings · Processes
- [Modify well design based on well performance and cost](/Processes/Modify_well_design_based_on_well_performance_and_cost) — siblings · Processes
- [Handover to Production](/Processes/Handover_to_Production) — siblings · Processes
- [Produce asset](/Processes/Produce_asset) — siblings · Processes
- [Establish asset depletion strategy](/Processes/Establish_asset_depletion_strategy) — siblings · Processes
- [Define short-term and long-term "life of field" strategy](/Processes/Define_short-term_and_long-term_"life_of_field"_strategy) — siblings · Processes
- [Define term "operational" plan](/Processes/Define_term_"operational"_plan) — siblings · Processes
- [Operate asset](/Processes/Operate_asset) — siblings · Processes
- [Define operation architecture](/Processes/Define_operation_architecture) — siblings · Processes
- [Define production planning](/Processes/Define_production_planning) — siblings · Processes
- [Execute production](/Processes/Execute_production) — siblings · Processes
- [Optimize production](/Processes/Optimize_production) — siblings · Processes
- [Perform maintenance](/Processes/Perform_maintenance) — siblings · Processes
- [Manage activities](/Processes/Manage_activities) — siblings · Processes
- [Submit regulatory reports for asset production](/Processes/Submit_regulatory_reports_for_asset_production) — siblings · Processes
- [Exit opportunity](/Processes/Exit_opportunity) — siblings · Processes
- [Develop asset exit strategy](/Processes/Develop_asset_exit_strategy) — siblings · Processes
- [Perform asset sale or trade](/Processes/Perform_asset_sale_or_trade) — siblings · Processes
- [Perform asset abandonment](/Processes/Perform_asset_abandonment) — siblings · Processes
- [Acquire, Explore, and Appraise Hydrocarbon Assets](/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets) — siblings · Processes
- [Develop, Produce, and Deplete Hydrocarbon Assets](/Processes/Develop,_Produce,_and_Deplete_Hydrocarbon_Assets) — siblings · Processes
- [Submit regulatory reports for plug and abandon (P&A) and site remediation for approval and release of bond for the site](/Processes/Submit_regulatory_reports_for_plug_and_abandon_(P&A)_and_site_remediation_for_approval_and_release_of_bond_for_the_site) — siblings · Processes
- [Identify trends in demand for oil and gas in future decades](/Processes/Identify_trends_in_demand_for_oil_and_gas_in_future_decades) — siblings · Processes
- [Identify trends in Exploration & Production (E&P) and midstream asset funding](/Processes/Identify_trends_in_Exploration_&_Production_(E&P)_and_midstream_asset_funding) — siblings · Processes
- [Identify trends in joint venture ownership taxation and funding](/Processes/Identify_trends_in_joint_venture_ownership_taxation_and_funding) — siblings · Processes
- [Analyze current physical asset base](/Processes/Analyze_current_physical_asset_base) — siblings · Processes
- [Analyze personnel and their knowledge/skills](/Processes/Analyze_personnel_and_their_knowledge%2Fskills) — siblings · Processes
- [Establish production target for the year](/Processes/Establish_production_target_for_the_year) — siblings · Processes
- [Develop business strategy timelines](/Processes/Develop_business_strategy_timelines) — siblings · Processes
- [Develop long-term (5 to 10 year) business strategy](/Processes/Develop_long-term_(5_to_10_year)_business_strategy) — siblings · Processes
- [Develop mid-term (1 to 3 year) business strategy](/Processes/Develop_mid-term_(1_to_3_year)_business_strategy) — siblings · Processes
- [Develop short-term (quarter to 1 year) business strategy](/Processes/Develop_short-term_(quarter_to_1_year)_business_strategy) — siblings · Processes
- [Develop commodity price collapse strategy](/Processes/Develop_commodity_price_collapse_strategy) — siblings · Processes
- [Evaluate effectiveness of organizational change](/Processes/Evaluate_effectiveness_of_organizational_change) — siblings · Processes
- [Align business unit goals with company goals](/Processes/Align_business_unit_goals_with_company_goals) — siblings · Processes
- [Obtain business financing](/Processes/Obtain_business_financing) — siblings · Processes
- [Structure resources to meet goals](/Processes/Structure_resources_to_meet_goals) — siblings · Processes
- [Acquire data on geological prospect](/Processes/Acquire_data_on_geological_prospect) — siblings · Processes
- [Evaluate data on geological prospect](/Processes/Evaluate_data_on_geological_prospect) — siblings · Processes
- [Identify and evaluate risks associated with target acquisition and development](/Processes/Identify_and_evaluate_risks_associated_with_target_acquisition_and_development) — siblings · Processes
- [Develop geologic model of prospect](/Processes/Develop_geologic_model_of_prospect) — siblings · Processes
- [Build surface geological model](/Processes/Build_surface_geological_model) — siblings · Processes
- [Build subsurface and reservoir model](/Processes/Build_subsurface_and_reservoir_model) — siblings · Processes
- [Identify missing developmental data](/Processes/Identify_missing_developmental_data) — siblings · Processes
- [Develop data acquisition plan and costs](/Processes/Develop_data_acquisition_plan_and_costs) — siblings · Processes
- [Create exploration plan](/Processes/Create_exploration_plan) — siblings · Processes
- [Conduct cultural and onsite hydrogeological, meteorological archeologic and biological analysis](/Processes/Conduct_cultural_and_onsite_hydrogeological,_meteorological_archeologic_and_biological_analysis) — siblings · Processes
- [Obtain stakeholder input](/Processes/Obtain_stakeholder_input) — siblings · Processes
- [Contract for wells and services](/Processes/Contract_for_wells_and_services) — siblings · Processes
- [Develop schedule and logistics for contracted field services](/Processes/Develop_schedule_and_logistics_for_contracted_field_services) — siblings · Processes
- [Drill exploration wells](/Processes/Drill_exploration_wells) — siblings · Processes
- [Log well](/Processes/Log_well) — siblings · Processes
- [Plug and abandon well if it does not meet minimum productivity criteria](/Processes/Plug_and_abandon_well_if_it_does_not_meet_minimum_productivity_criteria) — siblings · Processes
- [Case well](/Processes/Case_well) — siblings · Processes
- [Cement casing to formation](/Processes/Cement_casing_to_formation) — siblings · Processes
- [Perforate casing and stimulate where necessary](/Processes/Perforate_casing_and_stimulate_where_necessary) — siblings · Processes
- [Run drill stem test for productivity](/Processes/Run_drill_stem_test_for_productivity) — siblings · Processes
- [Gather and analyze data from exploration program](/Processes/Gather_and_analyze_data_from_exploration_program) — siblings · Processes
- [Obtain corporate approval to proceed](/Processes/Obtain_corporate_approval_to_proceed) — siblings · Processes
- [Establish qualifications for suppliers and ranking system](/Processes/Establish_qualifications_for_suppliers_and_ranking_system) — siblings · Processes
- [Collaborate with suppliers to identify discounts/preferred vendor status](/Processes/Collaborate_with_suppliers_to_identify_discounts%2Fpreferred_vendor_status) — siblings · Processes
- [Specify requirements, delivery criteria, performance level and proposal evaluation criteria](/Processes/Specify_requirements,_delivery_criteria,_performance_level_and_proposal_evaluation_criteria) — siblings · Processes
- [Confirm AFE (authorization for expenditure) for specific request](/Processes/Confirm_AFE_(authorization_for_expenditure)_for_specific_request) — siblings · Processes
- [Conduct solicitation for goods and services based on field requirements](/Processes/Conduct_solicitation_for_goods_and_services_based_on_field_requirements) — siblings · Processes
- [Evaluate proposals from vendors](/Processes/Evaluate_proposals_from_vendors) — siblings · Processes
- [Conduct archeological and environmental assessment along route and reroute field collection system as required](/Processes/Conduct_archeological_and_environmental_assessment_along_route_and_reroute_field_collection_system_as_required) — siblings · Processes
- [Negotiate surface right-of-way access with landowners](/Processes/Negotiate_surface_right-of-way_access_with_landowners) — siblings · Processes
- [Acquire permits for development from regulatory authorities](/Processes/Acquire_permits_for_development_from_regulatory_authorities) — siblings · Processes
- [Obtain operating permit](/Processes/Obtain_operating_permit) — siblings · Processes
- [Evaluate asset](/Processes/Evaluate_asset) — siblings · Processes
- [Measure production of oil, gas and water](/Processes/Measure_production_of_oil,_gas_and_water) — siblings · Processes
- [Establish production data management system and hydrocarbon accounting system](/Processes/Establish_production_data_management_system_and_hydrocarbon_accounting_system) — siblings · Processes
- [Measure production of hydrocarbon and produced water](/Processes/Measure_production_of_hydrocarbon_and_produced_water) — siblings · Processes
- [Measure injection of water, gas, steam, CO2, polymer](/Processes/Measure_injection_of_water,_gas,_steam,_CO2,_polymer) — siblings · Processes
- [Measure gas used for power production or flared/vented](/Processes/Measure_gas_used_for_power_production_or_flared%2Fvented) — siblings · Processes
- [Measure the chemical composition of the hydrocarbons produced](/Processes/Measure_the_chemical_composition_of_the_hydrocarbons_produced) — siblings · Processes
- [Transfer hydrocarbons produced for sale](/Processes/Transfer_hydrocarbons_produced_for_sale) — siblings · Processes
- [Define records keeping and certifications required](/Processes/Define_records_keeping_and_certifications_required) — siblings · Processes
- [Plan and manage inbound permits for materials](/Processes/Plan_and_manage_inbound_permits_for_materials) — siblings · Processes
- [Plan and manage outbound permits for materials](/Processes/Plan_and_manage_outbound_permits_for_materials) — siblings · Processes
- [Check certification to operate of transporters](/Processes/Check_certification_to_operate_of_transporters) — siblings · Processes
- [Issue transport contracts](/Processes/Issue_transport_contracts) — siblings · Processes
- [Manage materials taken to licensed off-site disposal](/Processes/Manage_materials_taken_to_licensed_off-site_disposal) — siblings · Processes
- [Submit regulatory reports for materials used and logistics](/Processes/Submit_regulatory_reports_for_materials_used_and_logistics) — siblings · Processes
- [Evaluate options for disposal of subsurface and surface assets and/or infrastructure](/Processes/Evaluate_options_for_disposal_of_subsurface_and_surface_assets_and%2For_infrastructure) — siblings · Processes
- [Evaluate options, costs and detailed plans for plug and abandon (P&A) of wells](/Processes/Evaluate_options,_costs_and_detailed_plans_for_plug_and_abandon_(P&A)_of_wells) — siblings · Processes
- [Submit detailed plans for plug and abandon (P&A) of wells and facilities and remediation of site for regulatory approval](/Processes/Submit_detailed_plans_for_plug_and_abandon_(P&A)_of_wells_and_facilities_and_remediation_of_site_for_regulatory_approval) — siblings · Processes
- [Contract for plug and abandon (P&A) of wells and facilities](/Processes/Contract_for_plug_and_abandon_(P&A)_of_wells_and_facilities) — siblings · Processes
- [Assess technology deficiencies by asset class and rank needs](/Processes/Assess_technology_deficiencies_by_asset_class_and_rank_needs) — siblings · Processes
- [Develop protocol for and conduct cost-benefit analyses](/Processes/Develop_protocol_for_and_conduct_cost-benefit_analyses) — siblings · Processes
- [Evaluate investment options based on performance and cost-benefit analysis](/Processes/Evaluate_investment_options_based_on_performance_and_cost-benefit_analysis) — siblings · Processes
- [Identify existing solutions to be leveraged](/Processes/Identify_existing_solutions_to_be_leveraged) — siblings · Processes
- [Evaluate prototype in the field and evaluate feasibility for wider deployment](/Processes/Evaluate_prototype_in_the_field_and_evaluate_feasibility_for_wider_deployment) — siblings · Processes
- [Perform hydrocarbon accounting](/Processes/Perform_hydrocarbon_accounting) — siblings · Processes
- [Record daily field production](/Processes/Record_daily_field_production) — siblings · Processes
- [Determine contract quantities of hydrocarbons sold](/Processes/Determine_contract_quantities_of_hydrocarbons_sold) — siblings · Processes
- [Value quantities sold](/Processes/Value_quantities_sold) — siblings · Processes
- [Calculate working owner and royalty owner interest](/Processes/Calculate_working_owner_and_royalty_owner_interest) — siblings · Processes
- [Distribute payments](/Processes/Distribute_payments) — siblings · Processes
- [Perform joint venture accounting](/Processes/Perform_joint_venture_accounting) — siblings · Processes
- [Record jointly controlled assets](/Processes/Record_jointly_controlled_assets) — siblings · Processes
- [Record venturer's share of expenses and income](/Processes/Record_venturer's_share_of_expenses_and_income) — siblings · Processes
- [Perform joint interest billing](/Processes/Perform_joint_interest_billing) — siblings · Processes
- [Record and track contract information](/Processes/Record_and_track_contract_information) — siblings · Processes
- [Analyze obligations to meet drilling schedules](/Processes/Analyze_obligations_to_meet_drilling_schedules) — siblings · Processes
- [Create and maintain divisions of interest for ownership](/Processes/Create_and_maintain_divisions_of_interest_for_ownership) — siblings · Processes
- [Comply with country-specific financial accounting and regulatory reporting requirements](/Processes/Comply_with_country-specific_financial_accounting_and_regulatory_reporting_requirements) — siblings · Processes
- [Facilitate public information and education](/Processes/Facilitate_public_information_and_education) — siblings · Processes
- [Establish EHS organizational structure and resources](/Processes/Establish_EHS_organizational_structure_and_resources) — siblings · Processes
- [Establish supporting agreements with local, regional and specialized for EHS support](/Processes/Establish_supporting_agreements_with_local,_regional_and_specialized_for_EHS_support) — siblings · Processes
- [Manage EHS documents and records](/Processes/Manage_EHS_documents_and_records) — siblings · Processes
- [Develop and manage EHS communications](/Processes/Develop_and_manage_EHS_communications) — siblings · Processes
- [Establish and manage the management of change (MoC) process for EHS](/Processes/Establish_and_manage_the_management_of_change_(MoC)_process_for_EHS) — siblings · Processes
- [Monitor emissions](/Processes/Monitor_emissions) — siblings · Processes
- [Implement Permit to Work (PtW) system](/Processes/Implement_Permit_to_Work_(PtW)_system) — siblings · Processes
- [Implement EHS contractor and visitor access system](/Processes/Implement_EHS_contractor_and_visitor_access_system) — siblings · Processes
- [Evaluate options, costs and detailed plans for future monitoring and land disposition](/Processes/Evaluate_options,_costs_and_detailed_plans_for_future_monitoring_and_land_disposition) — siblings · Processes

### Problems this exposes

- [unitization/pooling reallocates fractional lease interests, forcing basis re-splits the lease schedule can't track](/Problems/unitization%2Fpooling_reallocates_fractional_lease_interests,_forcing_basis_re-splits_the_lease_schedule_can't_track) — exposes problem · Problems
- [severance and ad-valorem taxes tied to lease production aren't carried on the lease-asset schedule](/Problems/severance_and_ad-valorem_taxes_tied_to_lease_production_aren't_carried_on_the_lease-asset_schedule) — exposes problem · Problems
- [joint-interest billing across working-interest owners splits leasehold cost recovery outside the ROU schedule](/Problems/joint-interest_billing_across_working-interest_owners_splits_leasehold_cost_recovery_outside_the_ROU_schedule) — exposes problem · Problems
- [depletion of leasehold mineral-interest cost basis reconciled by hand against land-improvement depreciation](/Problems/depletion_of_leasehold_mineral-interest_cost_basis_reconciled_by_hand_against_land-improvement_depreciation) — exposes problem · Problems
- [delay rentals and royalty obligations on mineral leases tracked apart from ROU-asset remeasurement](/Problems/delay_rentals_and_royalty_obligations_on_mineral_leases_tracked_apart_from_ROU-asset_remeasurement) — exposes problem · Problems
- [oil & gas mineral leases fall outside ASC 842 scope yet sit beside real-estate ROU assets, blurring the lease population](/Problems/oil_&_gas_mineral_leases_fall_outside_ASC_842_scope_yet_sit_beside_real-estate_ROU_assets,_blurring_the_lease_population) — exposes problem · Problems
- [expiring undeveloped acreage in the primary term needs leasehold impairment under successful-efforts, not on any lease schedule](/Problems/expiring_undeveloped_acreage_in_the_primary_term_needs_leasehold_impairment_under_successful-efforts,_not_on_any_lease_schedule) — exposes problem · Problems
- [asset-retirement obligations on leased wellsites re-accrued manually as lease terms and surface agreements change](/Problems/asset-retirement_obligations_on_leased_wellsites_re-accrued_manually_as_lease_terms_and_surface_agreements_change) — exposes problem · Problems
- [lease modifications and renewals trigger remeasurement that's reconciled by hand](/Problems/lease_modifications_and_renewals_trigger_remeasurement_that's_reconciled_by_hand) — exposes problem · Problems
- [land vs. improvement cost basis split inconsistently for depreciation](/Problems/land_vs._improvement_cost_basis_split_inconsistently_for_depreciation) — exposes problem · Problems
- [ASC 842 / IFRS 16 lease classification and ROU-asset schedules maintained in fragile spreadsheets](/Problems/ASC_842_%2F_IFRS_16_lease_classification_and_ROU-asset_schedules_maintained_in_fragile_spreadsheets) — exposes problem · Problems
- [embedded leases inside service contracts missed in the lease population](/Problems/embedded_leases_inside_service_contracts_missed_in_the_lease_population) — exposes problem · Problems
- [Keeping The Lease Schedule True As Contracts Change Under ASC 842](/Problems/Keeping_The_Lease_Schedule_True_As_Contracts_Change_Under_ASC_842) — exposes problem · Problems

### Automated by

- [Fixed Asset Management System](/Software/Fixed_Asset_Management_System) — automated by · Software
- [Lease Accounting System](/Software/Lease_Accounting_System) — automated by · Software
- [Generate Amortization Schedule](/Activities/Generate_Amortization_Schedule) — automated by · Activities
- [Post Depreciation Entry](/Activities/Post_Depreciation_Entry) — automated by · Activities
- [Calculate Lease Liability](/Activities/Calculate_Lease_Liability) — automated by · Activities

### Outsourced to

- [Lease Administration Provider](/CompanyTypes/Lease_Administration_Provider) — outsourced to · CompanyTypes
- [Accounting Outsourcing Firm](/CompanyTypes/Accounting_Outsourcing_Firm) — outsourced to · CompanyTypes

### Delivered by

- [Lease Accountant](/JobTypes/Lease_Accountant) — delivered by · JobTypes
- [Fixed Asset Accountant](/JobTypes/Fixed_Asset_Accountant) — delivered by · JobTypes
- [Accounting](/Departments/Accounting) — delivered by · Departments
- [Finance](/Departments/Finance) — delivered by · Departments

### Industries where this operates

- [Support Activities for Mining](/Industries/Support_Activities_for_Mining) — operates in · Industries