1. 1. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-12-OIL-AND-GAS-150709.odp Peter Burgess (c) All rights reserved MDIA OIL AND GAS MAJOR SOURCE OF ENERGY
2. 2. MULTI DIMENSION IMPACT ACCOUNTING WORK-IN-PROGRESS. SLIDESET STILL IN DEVELOPMENT. UPDATES WILL BE POSTED OVER THE NEXT SEVERAL WEEKS
3. 3. OIL AND GAS There has been amazing technological progress in the oil and gas industry during the last 100 years, and this progress continues. The ENERGY from OIL AND GAS has been an important enabler of modern quality of life and standard of living. MULTI DIMENSION IMPACT ACCOUNTING
4. 4. In the OIL and GAS sector, the technology is amazingly complex and powerful. There are many steps in the chain from exploration to products that are used to generate electricity, fuel power units or vehicles. MULTI DIMENSION IMPACT ACCOUNTING
5. 5. EXPLORATION MULTI DIMENSION IMPACT ACCOUNTING
6. 6. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPEXPLORING FOR OIL AND GAS Morocco Turkey
7. 7. MULTI DIMENSION IMPACT ACCOUNTING SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOP Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun OIL EXPLORATION IN EAST AFRICA
8. 8. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOFFSHORE SEISMIC RESEARCH
9. 9. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOFFSHORE SEISMIC RESEARCH
10. 10. ONSHORE PRODUCTION MULTI DIMENSION IMPACT ACCOUNTING
11. 11. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL AND GAS PRODUCTION -1920s
12. 12. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL AND GAS PRODUCTION
13. 13. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOILFIELD PUMP
14. 14. MULTI DIMENSION IMPACT ACCOUNTING Iran Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL DRILLING RIG
15. 15. OFFSHORE PRODUCTION MULTI DIMENSION IMPACT ACCOUNTING
16. 16. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOFFSHORE OIL RIG
17. 17. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPDEEPWATER OIL RIG
18. 18. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOFFSHORE OIL AND GAS
19. 19. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPDEEPWATER OIL RIG
20. 20. OILFIELD SERVICES MULTI DIMENSION IMPACT ACCOUNTING
21. 21. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL FIELD SERVICES
22. 22. OCEAN TRANSPORTATION MULTI DIMENSION IMPACT ACCOUNTING
23. 23. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPVERY LARGE CRUDE OIL TANKER
24. 24. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPLNG TRANSPORTER
25. 25. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun LNG TERMINAL
26. 26. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOCEAN OIL TERMINAL
27. 27. PIPELINES MULTI DIMENSION IMPACT ACCOUNTING
28. 28. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL PIPELINES
29. 29. TRUCKS MULTI DIMENSION IMPACT ACCOUNTING
30. 30. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPFUEL TANKER TRUCK
31. 31. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPTANKER TRUCK
32. 32. TRAINS MULTI DIMENSION IMPACT ACCOUNTING
33. 33. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL TRAIN
34. 34. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPTANKER CAR
35. 35. TERMINAL MULTI DIMENSION IMPACT ACCOUNTING
36. 36. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL TERMINAL AND TANK FARM
37. 37. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL STORAGE TANK FARM
38. 38. REFINERIES MULTI DIMENSION IMPACT ACCOUNTING
39. 39. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL REFININGFLARING OILFIELD GAS
40. 40. POLLUTION MULTI DIMENSION IMPACT ACCOUNTING
41. 41. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPFLARING OILFIELD GAS
42. 42. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL POLLUTION IN THE NIGER DELTA
43. 43. RISK MULTI DIMENSION IMPACT ACCOUNTING
44. 44. When things go wrong They go very, very wrong! MULTI DIMENSION IMPACT ACCOUNTING
45. 45. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPBP OIL SPILL, GUL OF MEXICO
46. 46. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPEXXON VALDEZ OIL SPILL, ALASKA
47. 47. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL TRAIN DERAILMENT IN VIRGINIA
48. 48. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL TRAIN DETRAILMENT IN QUEBEC, CANADA
49. 49. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL FIRES IN KUWAIT, 1991
50. 50. MULTI DIMENSION IMPACT ACCOUNTING RISK OIL FIRE STARTED BY LIGHTNING USA 2015 Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOP
51. 51. MARKET MULTI DIMENSION IMPACT ACCOUNTING
52. 52. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCONSUMPTION vs PRICE for CRUDE OIL
53. 53. SO Energy is still the driver of almost everything that is needed for a good quality of life and high standard of living. The challenge is to use energy in a much more efficient manner! MULTI DIMENSION IMPACT ACCOUNTING
54. 54. The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil. MULTI DIMENSION IMPACT ACCOUNTING
55. 55. Follow up: Request for Feedback Getting these ideas fleshed out into a clear, simple but comprehensive structure is a big job and remains a work-in- progress. Many organizations are making progress with this, but there is no broad universal framework yet that will enable all the pieces to come together and work efficiently. I would like to get feedback from anyone and everyone to help move this initiative forward. While I have some clear concepts about much of this architecture, there are many details that I do not know enough about and need help. So, please feel free to contact me (peterbnyc@gmail.com). Please put something relevant and catchy in the subject line. MULTI DIMENSION IMPACT ACCOUNTING
56. 56. Some links and contact information: Peter Burgess peterbnyc@gmail.com Peter Burgess LinkedIn profile https://www.linkedin.com/in/peterburgess1 Link to TrueValueMetrics.org website http://www.truevaluemetrics.org/ Link to navigation for MDIA slidesets http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0200-Burgess-p3-Slidesets MULTI DIMENSION IMPACT ACCOUNTING