Professional Documents
Culture Documents
Erp Study Guide Changes
Erp Study Guide Changes
2012 ERP
Examination
Study Guide
NEW READINGS
New Readings for Hydrocarbon Resources
1.
Charlotte Wright and Rebecca Gallun. Fundamentals of Oil & Gas Accounting, 5th Edition (Tulsa, OK: PennWell, 2008).
Chapter 15 ....................Accounting for International Petroleum Operations
2.
3.
Vivek Chandra. Fundamentals of Natural Gas: An International Perspective (Tulsa, OK: PennWell Books, 2006).
Chapter 1.......................The Basics
Chapter 2......................Transport and Storage
Chapter 3 .....................Gas Usage
Chapter 4 .....................Contracts and Project Development
4.
5.
Kenneth Medlock. Impact of Shale Gas Development on Global Gas Markets (Wiley Periodicals, Inc., 2011).
(Online reading)
6.
Sally Hunt. Making Competition Work in Electricity (New York: John Wiley & Sons, Inc., 2002).
Chapter 7......................Trading Arrangements
8.
David Schlissel and Bruce Biewald. Nuclear Power Plant Construction Costs. (Online reading)
9.
Chris Grobey, John Pierce, Michael Faber and Greg Broome. Project Finance Primer for Renewable Energy and
Clean Tech Projects. (Online reading)
12. Bloomberg New Energy Finance. Global Trends in Renewable Energy Investment. (Online reading)
13. Govinda Timilsina and Ashish Shrestha. Biofuels: Markets, Targets and Impacts (The World Bank, July 2010).
(Online reading)
14. State and Trends of the Carbon Market (The World Bank, 2011). (Online reading)
William Bailey, Benoit Couet, Ashish Bhandari, Soussan Faiz, Sunaram Srinivasan and Helen Weeds. Unlocking the
Value of Real Options (Oilfield Review Winter 2003/2004). (Online reading)
24. Casualty Actuarial Society, Enterprise Risk Management Committee. Overview of Enterprise Risk Management.
(Online reading)
25. Ludwig Chincarini. The Amaranth Debacle: A Failure of Risk Measures or a Failure of Risk Management?
26. Connecticut Law Review. Risk Management and Corporate Governance: The Case of Enron. (Online reading)
NERA Economic Consulting. Lessons from the BP Deepwater Horizon Oil Spill (September 2010).
2.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates. CFTC Adopts Final Position Limit Rules at October 18
Open Meeting.
3.
Mark A. Cohen, Madeline Gottlieb, Joshua Linn, and Nathan Richardson. Deepwater Drilling: Law, Policy and
Economics of Firm Organization and Safety.
4.
Richard Morse and Gang He. The World's Greatest Coal Arbitrage: China's Coal Import Behavior and Implications for
the Global Coal Market.
5.
Ivan Diaz-Rainey, Mathias Siems and John Ashton. The Financial Regulation of European Wholesale Energy and
Environmental Markets.
6.
DELETED READINGS
Deleted Readings for Hydrocarbon Resources
1.
Charles F. Conaway. The Petroleum Industry: A Nontechnical Guide (Tulsa, OK: PennWell Books, 1999).
Chapter 2......................Petroleum Origins and Accumulation
2.
Thomas O. Miesner and William L. Leffler. Oil and Gas Pipelines in Nontechnical Language (Tulsa, OK: PennWell Books, 2006).
Chapter 1.......................How Pipelines Differ
4.
Samuel Van Vactor. Introduction to the Global Oil and Gas Pipelines Business (Tulsa, OK: PennWell Books, 2010).
Chapter 1.......................Oil and Gas Pricing
5.
James H. Gary, Glenn E. Handwerk and Mark. J Kaiser. Petroleum Refining: Technology and Economics, 5th Edition
(New York: CRC Press, 2007).
Chapter 1.......................Introduction (through section 1.8)
Chapter 14.3 ................Economics and Planning Applications
6.
Rebecca L. Busby. Natural Gas in Nontechnical Language (Tulsa, OK: PennWell Books, 1999).
Chapter 8 .....................Regulatory History of the Gas Industry
7.
Arthur J. Kidnay and William R. Parrish. Fundamentals of Natural Gas Processing (Boca Raton, FL: Taylor and Francis, 2006).
Chapter 12 ....................Transportation and Storage
8.
Michael D. Tusiani and Gordon Shearer. LNG: A Nontechnical Guide (Tulsa, OK: PennWell Books, 1999).
Chapter 1.......................The Liquefied Natural Gas Industry
Chapter 3 .....................The LNG Chain: The Project Nature of the LNG Business
Chapter 11 .....................The Economics of an LNG Project
Chris Harris. Electricity Markets: Pricing, Structures and Economics (West Sussex, England: John Wiley & Sons, 2006).
Chapter 6 .....................Power Capacity
11.
Richard Baxter. Energy Storage: A Nontechnical Guide (Tulsa, OK: PennWell Books, 2006).
Chapter 4 .....................Applications
13. Fisher Investments. Fisher Investments on Energy (Hoboken, NJ: John Wiley & Sons, 2009).
Chapter 6 .....................Alternative Energy
14. Roy L. Nersesian. Energy for the 21st Century: A Comprehensive Guide to Conventional and Alternative Sources
(Armonk, NY: M.E. Sharpe, Inc., 2007).
Chapter 3 .....................Biomass
15. Tom James and Peter Fusaro. Energy and Emissions Markets: Collision or Convergence? (Singapore. John Wiley & Sons
(Asia) Pte Ltd., 2006).
Chapter 3 .....................Green Trading Schemes
Fletcher J. Sturm. Trading Natural Gas: A Nontechnical Guide (Tulsa, OK: PennWell Books, 1997).
Chapter 4 .....................Hedging and Trading Instruments
18. Tom James. Energy Markets: Price Risk Management and Trading (Singapore: John Wiley & Sons, 2008).
Chapter 6 .....................Options Trading and Hedging Application Strategies
19. Alexander Eydeland and Krzysztof Wolyniec. Energy and Power Risk Management: New Developments in Modeling,
Pricing, and Hedging (Hoboken, NJ: John Wiley & Sons, 2003).
Chapter 8 .....................Structured Products: Fuels and Other Commodities
2.
Sidley Austin, The Dodd-Frank Acts Effect on Hedging Activities of Energy Companies and Large Energy Consumers.
3.
4.
5.
ALL Consulting Report, An Overview of Modern Shale Gas Development in the United States.
Overall the study guide was reduced by approximately 300 pages to a total of just under 2,000 pages of reading. The study guide was
also reorganized into seven sections from the eight used in 2011. Finally, the ERP Exam in 2012 will be reduced from 180 questions to 160.
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