COPAS is a professional member association for the industry’s most knowledgeable and influential petroleum accountants. Together we grow as professionals and as people. We challenge accounting procedures in our industry, forge new paths, and set the standard for how business is done in oil and gas. Come join us where education and opportunity ...
COPAS Accounting Procedures provide for an annual adjustment of the fixed rate overhead for drilling and producing wells. COPAS Overhead Adjustment Factors and Overhead Rate Calculator View a chart of current and cumulative escalation factors:
COPAS (Council of Petroleum Accountants Societies) invites you to join a network of the oil and gas industry’s most knowledgeable and influential accounting professionals.
Access the COPAS login page to manage your petroleum accounting needs efficiently and securely.
COPAS is a non-profit professional organization that provides business and accounting solutions for the oil and gas industry. Check our FAQs to learn more.
2026 Spring Meeting Hosted by the COPAS Office and Board of Directors Skirvin Hotel One Park Avenue, Oklahoma City, OK Tuesday, April 28 – Thursday, April 30
To: COPAS Officers, Directors, Standing & Special Committee Chairpersons, Society Presidents and Council Representatives Subject: Excluded Amount Most COPAS Accounting Procedures prior to COPAS 2012 require the application of freight equalization if actual trucking charges are greater than the Excluded Amount (reference the attached Exhibit).
In accordance with COPAS’ mission to provide expertise for the oil and gas industry through the development of accounting procedures, publications and education, COPAS initiated the Accredited Petroleum Accountant® (APA®) certification program in 1996.