PASH Newsletter

May 15, 2025

Click here to RSVP for the May meeting


MEETING TO BE HELD


Saint Arnolds Brewing Company

2000 Lyons Ave

Houston, TX 77020


THURSDAY, MAY 15, 2025



Please join us for our PASH picnic with 2 CPE opportunities available


2:00 – 2:30 Check in

2:30 – 3:30 Podcast

3:30 – 4:30 Deb Retzloff, Speaker

4:30 – 5:30 Networking



EVERYONE must register. Space is limited for this month's meeting so register early! Registration will close Wednesday, May 13th at 5 pm or when maximum registration has been met.


PODCAST


With a new spin to our rich traditions of the annual PASH picnic, we will be hosting Mark LaCour and Paige Wilson of Oil and Gas Global Network (“OGGN”) to record a live podcast (yes, live!!) of Oil and Gas This Week podcast (“OGTW”) – “the show for busy oil pros who want to quickly keep their finger on the pulse of the industry”! 


OGTW podcast has been around for more than 10 years, and there are several more podcasts under the OGGN umbrella. In 2023, OGGN was selected by Corporate Vision for the Best Energy Podcast in the U.S.! 


In this podcast, Mark and Paige will provide recent oil and gas industry news and updates, and discuss the potential risks and opportunities presented by these events. Additionally, there will be networking opportunity after the events to engage with Mark and Paige!


Program Level: Basic          Delivery: Group Live


CPE Credits: 1


Prerequisites: None             Advance Prep: None


Cost/Fee: No Cost for PASH members; non-PASH members will have a cover charge of $60 per person


Field of Study: Specialized Knowledge





Speaker


The JI and Audit committees would like to present Deb Retzloff as the May speaker.


She will be discussing ‘Emerging/Recurring Issue: Produced Water Management – A Discussion in Cost Sharing Considerations for the Oil & Gas Industry’.

 

Deb retired from ExxonMobil in February 2013 after 32 years of service and is currently an independent consultant.   During her career Deb served over 25 years in joint interest accounting and auditing functions, including training development for two SAP implementations. She is also a COPAS Energy Education (CEE) instructor and developed the JIA – Joint Interest Audit course. 

 

Deb joined COPAS through the Dallas Society in 1995 and served as the Joint Interest Committee Chair for that Society until her move to Houston in 2000.  She has been an active member of PASH since that time, having served two terms on the PASH Board of Directors.  She served as PASH President in 2008-2009. Deb served on the COPAS Board of Directors beginning in 2009 and ended her 2nd term on the Board at the end of 2015. She served as COPAS President during 2014.



              Time: 3:30pm – 4:30pm             (Thursday, 5/15/25)

 

Title: Emerging/Recurring Issue: Produced Water Management – A Discussion in Cost Sharing Considerations

 

Program Level: Basic           Delivery: Group Live

CPE Credits: 1

Prerequisites: None              Advance Prep: None

Cost/Fee: No Cost

Field of Study: Accounting

 

Description: This presentation will provide an overview of why produced water management in the oil and gas industry is so important and how companies are developing solutions to problems which arise due to water scarcity in some production areas and regulatory constraints associated with fracking operations.


Learning Objective:

By the end of this presentation, you will be able to:

  1. Gain a better understanding of why produced water is such an important issue in the oil and gas industry.
  2. Gain perspective on the issues between operators and non-operators.
  3. Through group discussion arrive at an understanding of cost sharing equity for parties using produced water vs. recycled water.

 

Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregisry.org.


END OF YEAR CELEBRATION


Meetings for the 24-25 PASH year are coming to a close. Our next meeting and year-end celebration will be at Saint Arnold’s Brewing Company. We have tried to keep the meeting types and places varied this year offering some in-person lunch & dinner meetings along with virtual options. This last meeting will be no exception.


PASH will have an opportunity to interact with Oil and Gas Global Network during the recording of a podcast and Deb Retzloff will present on emerging issues, allowing for 2 hours of CPE. There will be lots of food and fun mixed with it and some great end of year raffle drawings.


HOPE TO SEE YOU THERE!


It has been my honor to be PASH president this past year. I look forward to working with the new board in the upcoming year and seeing the exciting things they will plan for us.


HAVE A GREAT SUMMER BREAK AND SEE YOU IN SEPTEMBER!


Kathy Johnston

VOTING – PASH Board of Directors


Voting for open Board of Director seats will close Monday, May 5th. If you have not voted, please make sure you get in your vote before the window closes. If you did not receive your email with voting options, please contact Karla Zawodny, karlaz.pash@gmail.com


Newly elected board members will be announced at the May 15th meeting at Saint Arnold’s Brewing Company.


PASH Golf Tournament


The PASH Golf Tournament has been postponed until October 2025, location will remain the same at Jersey Meadows Golf Club.


Watch future newsletters for the date!

Education Day


The Education Committee held its Education Day 2025 on Thursday, April 18, 2025. We want to THANK all the speakers that volunteered to share their knowledge throughout the day. Paul Parsons (Energy Training Resources, LLC), Mike Cougevan (Martindale Consultants Inc.), Steve Dudgeon (Ryan, LLC), Tedric Breed (Ryan, LLC), Jim Hoffman (UNT DSI-PDX), Jerry Haney (Stonebridge Consulting, LLC), Brad Pearson (ExxonMobil), Sarah Magruder (Savvy Oil & Gas Consulting), Dalin Error (Beacon Offshore Energy & Petroleum Comptroller Services), Ben Hickson (Martindale Consultants Inc.), Will King (KPMG), Steven Marshall (Ryan, LLC), Steve Bailey (Moss Adams), Chris Copeland (AEGIS Hedging), & Brandan McGaughey (Grant Thornton Advisors, LLC).


Following the Education Day program, the Education Committee held the annual Scholarship/Grant Award dinner. We awarded $10,500 to 10 students (Scholarships) and 6 local colleges/universities that offer oil & gas accounting courses (Grants).


Congratulations to the students that were awarded a scholarship. They were Lauren Hackett (UH-Downtown), Susan Arredondo (UH-Clear Lake), Madison Jones (Prairie View A&M), Lauren Klotzman (TAMU), Medha Shree (TAMU), Clayton Crawford (TAMU), Tavian Tomlinson (TSU), Jefry Lopez (TSU), Taylor Castillo (SFA), and Chelsea Cannady (UH-Victoria). Grants were awarded to UH-Downtown, UH-Clear Lake, Prairie View A&M, TAMU, TSU, and UH-Victoria.


Pictures from the Scholarship dinner are below:



COPAS MEETING IN ROGERS, AR

Recently, COPAS held their Spring 2025 meeting in Rogers, AR. Many from Houston attended the event. There were great speakers and networking opportunities during the week. 


We want to thank Tom Batsche for representing Houston for the last few years on the COPAS Board of Directors. His term will expire at the end of the year.


Below is a sample of the Houston attendees.

COPAS BOARD POSITION


Tom Batsche will be rolling off the COPAS Board at year end 2025. There is a limit of two board members from any one society, so that will open an opportunity for Houston to fill another seat. If you are interested in being on the COPAS Board of Directors, or know someone who would be interested, please let us know so we can get your name to the nominating committee as soon as possible.

MEMBERSHIP RENEWALS


$$$$  Don’t forget membership renewals occur automatically on August 1st. Email reminders will go out from COPAS on July 1st and will provide an opportunity to make changes to your information and payment method. $$$$  

Virtual Meeting Tips & Tricks

  • Join early to check your connection and chat with other attendees
  • Mute your microphone in the lower left corner of the Zoom screen when not speaking
  • Raise your hand using the options under the "Participants" button to request the floor
  • Utilize the "Chat" button for quick thoughts or if you don't have microphone capabilities
  • Be kind to others, embrace the process and have fun collaborating
  • First time using Zoom or want to learn more? Check out some video tutorials here.

Member Benefits & Resources

Leadership Opportunities

Looking for a chance to be more involved and expand your leadership skills? Reach out to Kathy at kjohnston@sabineoil.com to learn more.



PASH Website

Visit us at www.pashcopas.org today to learn more about the society.

  • View the latest job postings for oil and gas accounting opportunities
  • Access membership information and applications to share with colleagues


Petroleum Accountants Society of Houston Federal ID 76-0673831


COPAS Membership Discounts

Did you know that as a COPAS member you are entitled to reduced rates from several rental car companies? Use the following IDs to get discounts with:

Avis: AWD - L039224

Hertz: CDP - 1970958

National: Contract ID - ESHB51C (includes Loss Damage Waiver)

Enterprise: Customer Number - SB00001, Pin - ENT

For more savings opportunities, log in to COPAS and visit http://www.copas.org/memberbenefits


COPAS Website

For COPAS information, you can visit the website at www.copas.org or call 877-992-6727.

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Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.