CAPPA Seminar - THROUGHPUT & 13th MONTH ADJUSTMENT Case Studies Part 2
Monday, June 22, 2026
Registration 8:30 am
Seminar 9:00 am – 12:00 pm
Meals provided: Light breakfast, morning coffee break.
Venue: Livingston Place Conference Centre - 2nd Floor, 222 3rd Avenue SW, Calgary AB, T2P 0B4
Registration Closes Noon, Jun 19
Course Description:
The Annual Throughput Adjustment Seminar provides participants with a structured, step-by-step approach to performing annual throughput and 13th month adjustments.
The course is designed for intermediate and senior accounting, joint venture, production accounting, and industry professionals who are learning the process or refreshing and strengthening their existing knowledge.
The seminar combines technical instruction, agreement interpretation, data analysis, calculation methodology, validation procedures, group discussion, and a demonstration of supporting software.
Course Objective:
Part 2 is an instructor-led, classroom-based walkthrough of a throughput adjustment from beginning to end.
It is not an individual computer lab, and participants are not required to bring a computer.
Working as a group, participants will apply the concepts introduced in Part 1 while examining a complete adjustment scenario. The instructor will guide the class through:
- understanding the facility and its operating history;
- identifying the relevant agreements and contractual clauses;
- gathering the required financial, volumetric, ownership, capacity, and fee data;
- validating the completeness and reliability of the source information;
- identifying functional units and determining how wells and products use the facility;
- applying the agreement methodology;
- following the ten-step throughput adjustment process;
- reviewing operating costs, prior billings, custom-user fees, excess usage, and revenue distribution;
- analyzing the calculated results and investigating unusual variances; and
- confirming that the final adjustment is understandable, valid, reproducible, and supported by the agreements and source data.
The session will include an instructor demonstration of the throughput adjustment software. The demonstration will show how facility information, agreement requirements, source data, calculation steps, validation controls, and reporting are organised within the software.
The emphasis of Part 2 is not data entry. The emphasis is learning how an experienced analyst thinks through the adjustment, asks questions, identifies risks, validates calculations, and determines whether the result is
defensible.
Participants will be encouraged to contribute observations, identify potential issues, discuss alternative interpretations, and evaluate whether the calculation accurately reflects the facility agreements and underlying data.
Facilitated Scenarios and Discussion Topics
Examples from the following adjustment types may be used during the instructor-led walkthrough and classroom discussions:
- Inlet Compressor Throughput Adjustment
- Gas Plant Throughput Adjustment with Excess Capacity
- Custom-User 13th Month Fee Adjustment
- Emulsion Throughput Calculation
- Water Disposal Throughput Adjustment
The instructor may use one primary scenario for the detailed group walkthrough and draw examples from the other scenarios to illustrate different agreement clauses, facility configurations, data issues, and calculation risks.
Take-Home Case Studies
Following the seminar, participants will receive case-study exercises that may be completed independently on their own time.
These exercises will allow participants to apply the analytical approach discussed in class while using the software and supporting course materials.
The take-home case studies are intended to reinforce:
- agreement interpretation;
- source-data validation;
- facility and functional-unit analysis;
- application of the calculation methodology;
- identification of errors and unusual results;
- validation of final calculations; and
- preparation of defensible adjustment reports.
The independent exercises are supplemental learning activities and are not completed as an individual computer lab during the classroom seminar.
Course Learning Approach
The seminar uses a progressive learning approach:
Part 1: Learn the foundation
Participants develop the terminology, agreement knowledge, and conceptual understanding required to follow the adjustment process.
Part 2: Apply the analysis as a group
Participants work through the decisions, calculations, risks, and validation procedures involved in a complete throughput adjustment.
After the seminar: Practise independently
Participants use the take-home cases and software to reinforce the methodology at their own pace.
Course Outcome
Participants will leave the seminar with a practical framework for approaching annual throughput and 13th month adjustments.
The goal is not simply to reproduce a spreadsheet calculation. The goal is to understand how the agreement, facility, data, methodology, validation controls, and final reporting work together to produce an adjustment that is accurate, understandable, and defensible.
Speaker:
Ephrem Tahan
Ephrem Tahan brings decades of experience in oil and gas accounting, with a specialized focus on production and compliance accounting. His career has been shaped by a practical understanding of how facility operations, ownership agreements, volumetrics, and expenditures intersect, and how small data gaps can create significant financial and partner issues.
Ephrem has developed a strong reputation for translating complex industry processes into clear, practical, and defensible methods. His approach combines accounting discipline, agreement interpretation, data analytics, and systems technology to help professionals better understand the “why” behind the numbers, not just the calculation itself
Price:
Members $20 plus GST
Non-members $40 plus GST
Cancellation policy:
- Full refunds will be given up to 10 days prior to the event.
- A 50% refund will be given up to 6 days prior to the event.
- Refunds will not be provided thereafter.
There is an administration fee of $20 to cancel.
Registration, however, may be transferred to another attendee without an administration fee. Please notify CAPPA of the transfer to another attendee. The original registrant would be responsible to sort the payment out offline with the new attendee.
