Are you aspiring to be a mover and shaker in the oil and gas sector? Our Energy Asset Management diploma is a comprehensive program designed to equip you with specialized knowledge and practical skills essential for a successful career in the energy industry.

Dive deep into the complexities of the energy sector, mastering related contracts, leases, regulatory compliance and accounting responsibilities. Our program provides you with the foundational knowledge and skills necessary to manage and navigate the landscape of energy assets.

In this program, you will learn to:

  • apply business principles specific to energy asset management
  • navigate legal and regulatory frameworks governing the energy sector
  • conduct sophisticated management of financial and accounting tasks
  • develop strategies for effective management of land assets and contracts
  • operate within joint ventures and collaborative business arrangements
  • engage in critical decision-making processes affecting well and facility assets.

Our program emphasizes real-world application. Engage in case studies, simulations and projects reflecting current industry challenges and practices. You’ll gain practical experience that enhances your learning and prepares you for the demands of the industry.

Our industry-experienced instructors bring their depth of knowledge and practical insights to the classroom.

Upon graduation, you will be well-prepared for diverse roles in the petroleum industry, including positions in mineral land management, land contracts, surface land management, joint ventures, and various accounting and asset management roles.

The skills you gain will also open doors to opportunities within energy service companies, government entities, energy management and field operations. You may also apply your skills in the growing renewable energy field.

This program is your stepping stone to becoming a valued and influential player in the energy industry.

As an energy asset management professional, you need:

  • integrity and high ethical standards
  • math skills
  • strong communication skills
  • interpersonal, negotiation and public relations skills
  • analytical, time-management and problem-solving skills
  • organizational skills and attention to detail
  • patience
  • ability to work with little supervision
  • computer skills
  • leadership skills to interact with all functions and levels of management
  • ability to make decisions according to multiple, changing priorities under tight deadlines.

You should enjoy having clear rules and organized methods to guide activities, dealing with legal matters and working with people from all walks of life.

The opportunity to advance your education by transferring into this program or gain credit for previous postsecondary courses may be available.

There may also be opportunities to further your education once you graduate.

Learn more about program and institution transfer options.

After successfully completing this program, you’ll receive a SAIT Energy Asset Management diploma.

Download program info

Careers and opportunities

Each year, SAIT conducts a survey between February and April to determine the employment rate, salary and satisfaction of our newest SAIT alumni. 

people icon100% graduate employment rate

Find out more about our graduate employment statistics >

Our graduates may work in the following occupations. Some careers require additional experience and education.

Associated National Occupational Classification (NOC) codes: 90011, 10029, 12102, 92011.


Career counselling and support

Unsure which career path is for you? SAIT offers career planning services to help you decide your future.

You can also get started by taking our online career finder quiz, which can help you narrow down your search based on your current skills and interests.

Finally, you can also head to Alberta alis for various tools and resources, including additional quizzes and labour market information to help you narrow down a career path.


The Energy Asset Management diploma requires 60 credits (20 courses) to complete.

The program spans two years, with two semesters each year.

View classes by semester

Course Credits

This course introduces double-entry bookkeeping, including journalizing, posting to the ledgers, completing a trial balance, and preparing financial statements, and journal entries for GST.


This course presents an overview of the history and development of the Canadian legal system. Learners will apply the legal principles of business and oil and gas law to practical problems involving contracts, liability, property, business organization, and oil and gas transactions.


Professional Communication and Presentation Skills will introduce learners to the professional writing, collaboration and presentation skills needed to be successful in their chosen field. Learners will gain an understanding of the strategies and competencies required for effective communication with an emphasis on developing the interpersonal skills needed to perform as part of a high-functioning team. Coursework will require learners to work in individual and collaborative settings.

  • COMM 265

Communication Skills II is designed to provide learners with advanced business communication skills. Learners will apply business writing skills to prepare and proofread written communications, contracts, and reports. There will be a focus on collaborative work environments and digital communications. Learners will apply the skills of effective meeting management including formal and informal meetings. Course work will require learners to apply the concepts of internal/external clients and customer service within communications practices.

  • COMM 256

This course covers information technology concepts including business IT systems, internal and external internet policies. The learner will be introduced to the ethical considerations of intellectual property, information privacy and emerging business technologies with some focus on Microsoft products. The learner will apply fundamental concepts, terminology and scope of data/records management related to energy and specifically energy asset management and related software applications. Topics will include retention, archiving and governmental records management requirements.


This course will explore the origins of crude oil and natural gas through to the development, production, marketing and well abandonment cycles. The learner will gain an understanding of the role of stakeholders, economics, environmental responsibilities and Canada’s role on the world stage. The learner will be introduced to Energy Asset Management. The focus of this course is the interdisciplinary collaboration between well asset management, mineral and surface land, joint ventures and accounting (production and operations). The learner will gain an understanding of the mutual interdependencies between these non-technical disciplines and the technical disciplines such as Engineers, Geologists, Geophysicists and Landmen.


This course will introduce the learner to the major legislative and regulatory bodies within the oil and gas industry. The student will gain the knowledge to understand, complete, apply and validate the necessary agreements. Specific attention and detail will be spent on the Energy Resources Conservation Board (ERCB), as it is the front line of regulatory process in Alberta’s oil and gas industry. This course will provide the learner with a relevant and intuitive introduction into oil and gas regulation from an operational perspective.

  • EAMG 250

This course will concentrate on the asset life cycle and will get into the details of what an operations accounting department at a typical energy organization would do during each phase of the cycle. This specifically applies to the production and maintenance cycles and time is spent on production accounting and areas such as booking volumes, royalty payments, Crown royalty, royalty deductions and other related functions.

  • ACCT 352

Energy Asset Management - Pre Acquisition & Acquisition provides an overview of the required preparation involved in acquiring land as well as the decision making and work processes involved in attainment of assets. This course will assist the learner in understanding the partnerships, agreements, assessments and financial support roles that the well asset management, mineral and surface land, joint ventures and production/operations accounting disciplines play in supporting the pre-acquisition and acquisition phase of the asset management life cycle.


Energy Asset Management Drilling and Completion will introduce learners to the active phase of well development. Learners will gain a general understanding of technical field processes and how these field processes relate to stakeholders, partners, and corporations. The learners will explore the information sharing processes that support drilling and completion business process management. This course will focus on the interdisciplinary coordination of tracking, analyzing, and well monitoring activities, the land and mineral operating procedures, partnerships, as well as accounting processes. Additionally, future oil and gas drilling innovations will be explored.

  • EAMG 210

Energy Asset Management - Maintenance will examine the energy asset management interdisciplinary involvement in partnerships, leases, royalties, payments, regulatory reporting, rental reviews, and the monitoring and reporting of the ongoing activities of facilities. This course will include topics such as energy regulatory bodies and environmental impact concerns relating to the management of assets. Emphasis will be placed on the practical application of support to maintain oil and gas assets.

  • EAMG 220

The interdisciplinary capstone course develops the ability to think strategically about energy asset management. Learners will apply research, critical thinking skills, communication and presentation skills.

  • EAMG 300
  • EAMG 306
  • PROJ 399
  • EAMG 360

Energy Asset Management Production Facilities will introduce the learner to the asset life cycle phase where infrastructure is built in order to prepare and transport a quality product to market. Production Facilities represent the activities that happen above the ground and involve agreements, negotiations, as well as confirmation and fulfillment of contractual obligations. Production Facilities will emphasize compliance reporting to regulators for infrastructure development and the processes involved in recording business transactions.

  • EAMG 255
  • EAMG 305

EAMG 350 - Production introduces the learner to a wide scope of production activities. This course will focus on the interdisciplinary coherence that must occur in order to manage the changing internal and external asset life cycle factors. Production is a dynamic time and the learner will gain an understanding of changing regulatory requirements, environmental issues, ownership changes, and the processes and activities that optimize production of oil and gas. Topics will include production accounting concepts, stakeholder relations, reporting, and royalties.

  • EAMG 255

Energy Asset Management Abandonment and Relinquishment is the final asset life cycle phase and the learner will explore the processes and obligations of returning land to the pre development state and surrendering or selling mineral access rights. The learner will be introduced to the role that the well asset management, mineral and surface land, joint ventures, and production and operations accounting disciplines play in bringing assets to finalization. Environmental, business, and compliance activities will be the focus of this course.

  • EAMG 300
  • EAMG 306

This course introduces the operation of the Canadian economy. Topics include the role of government, spending and taxation, measuring economic performance, and government fiscal and monetary policy. Students will use economic principles to analyze problems in the Canadian economy. Topics to be covered include economic scarcity, demand, supply, elasticity, and perfect/imperfect competition.


Financial Decision Making will involve the practical application of financial statements and capital budgeting in solving business problems. Financial statement topics include all aspects of a firm’s financial reports and analysis of risk and key performance indicators based on the firm’s annual report. Capital budgeting topics include the time value of money and relevance of decision-making. Learners will use spreadsheet software to create, edit, and format worksheets and charts.


Oil and Gas Marketing will introduce learners to the concepts of marketing as related to the oil and gas industry. Topics will include world wide markets and their affect on Canadian markets and prices, environmental and political influences on oil and gas marketing, and intergovernmental organizations.

  • EAMG 306
  • EAMG 350

This introductory course provides an overview of human behaviour in organizations at the individual, group, and organizational level and the effect of each on organizational effectiveness. Topics include: individual differences, motivation, communication, teams, power and politics, conflict and negotiation, leadership, organizational culture, and change management.

  • MNGT 2250

Learners will be introduced to the fundamentals of project management and its application in industry. The focus of this course is to provide project management skills including planning and management of project scope, time, cost, quality, human resources, communication, risk and procurement. Emphasis is on team building and group work. Project management software will also be evaluated.



You must attain a PGPA and/or a CGPA of 2.0 or better each semester and pass the prerequisite courses to progress through the program.

To qualify for graduation, you must pass all courses, attain a CGPA of 2.0 or better and complete course requirements within the prescribed timelines.

Review our grading and progression procedure >


Explore your options!

Some courses in this program are available through Open Studies. You can complete courses via Open Studies to get a head start on your education, reduce your course load once accepted into a credentialed program, or determine which career path best suits you before you fully commit. 

You may also take courses for general interest or personal and professional development.

Admission requirements

Applicants educated in Canada

All applicants must demonstrate English language proficiency and meet the following requirements or equivalents.

  • at least 60% in Math 30-1 or 75% in Math 30-2, AND,
  • at least 60% in English Language Arts 30-1 or 75% in English Language Arts 30-2

SAIT accepts high school course equivalents for admission for applicants educated outside Alberta.

All applicants who were educated outside of Canada must demonstrate English Language proficiency and provide proof they meet the program admission requirements with an international document assessment. Find out what educational documents are accepted and assessment options.

SAIT may also accept courses completed at certain international post-secondary institutions.


Academic Upgrading

Missing an admission requirement for this program? Upgrade your prior education to help you receive admission into one of SAIT's career programs.


English language proficiency

All applicants must demonstrate English language proficiency prior to admission, including students educated in Canada.

Transfer agreements

At SAIT, we evaluate post-secondary credit you have previously earned and apply it to your SAIT credential. Explore our formal transfer agreements available for this program.

We can evaluate your prior education, even if we don't have a formal agreement in place.

Submit a transfer credit application

There are no formal transfer agreements currently in place for this program.

Transfer options for graduates

Build on the knowledge you’ve learned at SAIT. The opportunity to advance your education at an accredited post-secondary institution may be available.

🔗 Visit Transfer Alberta search tool for a full list of transfer opportunities within the province.

Available intakes

Fall 2024

Start dates:

Domestic students: Waitlisted
  • Application deadline: Extended
International students: Closed
  • Application deadline: May 29, 2024


2024/25 tuition and fees

The following costs are effective as of July 1, 2024.

Domestic students

The estimated total cost of tuition and fees for domestic students is based on the recommended course load per year. 
Year Number of semesters Tuition fees Additional fees Total per year
1 2 $9,660 $1,608 $11,268
2 2 $9,660 $1,608 $11,268
Total cost:

The estimated total cost of tuition and fees for international students is based on the recommended course load per year. 
Year Number of semesters Tuition fees Additional fees Total per year
1 2 $17,400 $1,608 $19,008
2 2 $17,400 $1,608 $19,008
Total cost:

Books and supplies are approximately $500 per full-time year.

This is a bring-your-own-device program with a standard computer hardware and software requirement. See the specific requirements on our computers and laptops page.

Find your booklist on the SAIT Bookstore's website. The booklist will be available closer to the program start date. Can’t find your program or course? The bookstore didn't receive a textbook list. Contact your program directly to determine if they’re still refining course details or if you're in luck; no textbook purchase is required this term.

Required personal protective equipment (PPE)

The industry-approved PPE you'll need will be discussed during your first few days of classes. 


Financial aid

Paying for your education may feel overwhelming, but we have resources and programs that can help, including information about payment options, student loans, grants and scholarships.

Application process

Ready to apply?

Follow our step-by-step guide to submitting a successful application.

Learn how to apply

Communication during admission

Email is the primary source of communication during the selection process. Ensure your personal email account is managed appropriately to receive our emails, files and communications. We recommend you add the macphail.students@sait.ca domain to your safe senders' list or you risk missing critical email messages.


Begin your application

Apply now using the online application portal. 

Ensure you have a valid Visa or Mastercard to pay the non-refundable application fee of $120 for domestic applicants or $150 for international applicants. 

Information sessions

Prepare for a strong start in your chosen program or get the details you need to decide your future path.

Our expert staff and faculty are ready to answer your questions and provide information about the following:

  • What sets SAIT apart
  • An introduction to the program and area of study
  • Admission requirements
  • Future career paths
  • Information on the earning potential and graduate employment rates.

Contact us

MacPhail School of Energy


International Student Advising

a view of the moutains and stream in between

Oki, Âba wathtech, Danit'ada, Tawnshi, Hello.

SAIT is located on the traditional territories of the Niitsitapi (Blackfoot) and the people of Treaty 7 which includes the Siksika, the Piikani, the Kainai, the Tsuut’ina and the Îyârhe Nakoda of Bearspaw, Chiniki and Goodstoney.

We are situated in an area the Blackfoot tribes traditionally called Moh’kinsstis, where the Bow River meets the Elbow River. We now call it the city of Calgary, which is also home to the Métis Nation of Alberta, Region 3.