Empowering Petroleum Accountants in the Permian Basin

Professional education. Peer connection. Industry impact.

Our Vision & Mission

PASPB exists to serve as the premier resource for petroleum accounting professionals in the Permian Basin. We foster excellence through education, connection, and collaboration, providing members with opportunities to develop professionally and make meaningful contributions to the energy industry.

Our mission is to:

  • Deliver relevant CPE focused on oil and gas accounting

  • Create a consistent forum for industry insight and knowledge exchange

  • Promote integrity and technical leadership in petroleum accounting

  • Support future professionals through scholarships and outreach

✔ Over 120 active members.

✔ Founded in 1954

✔ Monthly CPE Luncheons

✔ 100% Volunteer-Run

Upcoming Events:

Our History

Founded in 1954, the Petroleum Accountants Society of the Permian Basin (PASPB) was established by a group of local professionals seeking to elevate the standards of oil and gas accounting.

Today, PASPB is proud to be an affiliate of the Council of Petroleum Accountants Societies (COPAS), a nationwide organization known for developing the accounting procedures, audit protocols, and best practices used throughout the energy sector.

Our members include accountants, auditors, controllers, and consultants from across the Permian Basin, all working together to advance our industry with clarity, consistency, and professionalism.

Why Join PASPB?

✔ Monthly luncheons with CPE credits

✔ Access to COPAS updates and model procedures

✔ A peer network of 120+ local professionals

✔ Scholarship support and student engagement

✔ Strengthen your career while shaping the future of the industry.

As a charter member of COPAS (Council of Petroleum Accountants Societies), PASPB is part of a national alliance of professionals shaping how the petroleum industry accounts for joint ventures, revenue, and tax matters.

COPAS has been the backbone of oil and gas accounting standards for over 60 years. Its model form procedures, audit guidelines, and educational publications are widely adopted across the U.S. and Canada. Furthermore, PASPB members benefit directly from these evolving best practices.

Today, PASPB comprises over 120 professionals representing more than 40 companies. We meet monthly from September through May to stay ahead of industry changes, earn CPE credits, and foster the relationships that keep our basin strong.

Contact

Address for written communication
P.O. Box 1123
Midland, TX 79702

E-mail inquiries

info@paspb.com