At the beginning of February this year, we announced our acquisition with back-office accounting and land management firm, Associated Resources. With this new partnership underway and going strong, we are eager to deliver even more value for our clients with an expansive suite of new land administration services to choose from.
Established in Oklahoma City, OK in 1992, Associated Resources, Inc. provides customized, full-service back office support with land management, division order, and lease records services to clients active within every producing basin of the continental United States. Associated Resources– or “ARI,” for short– currently operates out of three locations in Oklahoma and Texas: Oklahoma City, Tulsa, and Houston.
ARI has a plethora of transactional accounting and land administration services to help you take control of your back office, including but not limited to:
• Joint Interest Billing
• Revenue Distribution
• Gas Balancing
• Accounts Payable and Receivable
• Software Compatibility/Conversion & Programming
• Data Entry & Custom Reports
• Regulatory and Tax Reporting (including Production and 1099)
• One-Time Project Work
• Title Review & Title Opinion Curative
• Suspense and Escheat
• Divestiture Preparation
• In-House Due Diligence for buyers and sellers
• Unitization & Pooling Preparation
• Mineral & Renewable Energy Management
Whether you look within the Division Order department or the Leasing department, every person you meet at ARI will have a story to tell, or a family member who taught them the ways of the Oil & Gas industry. Here are a few notable members of the Associated Resources team who we would like to introduce:
Vice President of Business Development & Land Administration
Mike has over 18 years of experience within the Oil & Gas industry, previously working as a Landman at Cinco Energy Management Group. During his time at Cinco, he worked in a multitude of states, counties, and basins throughout the US. Mike is a member of AAPL, HAPL, and PBLA. In 2015, he was recognized as one of Texas Best Landmen by Texas Top Producers and TIPRO. When he's not at work, Mike enjoys quality family time, college football (Go Sooners!), disc golf, and many other outdoor sports.
Land Administration Manager
Nan was first exposed to the Oil and Gas industry through her father, who was a Landman in his career. She went on to work with a large Producer in Denver before joining Associated Resources in 2004. At ARI, Nan manages staff and client work in the Lease Records and Division Order departments.
Grant has some deep family ties, with his grandfather being a geologist and an oilman. After earning his BA and MBA in Accounting, Grant began his career with IBM Business Consulting Services. After supporting several energy companies with IBM, he eventually joined Associated Resources in 2015. In his free time, Grant enjoys traveling and visiting National Parks.
Associated Resources and PetroLedger both have a long history within the Oil & Gas industry, with both companies' roots tracing back to the early 1990s. Previously, ARI had been a notable regional competitor to PetroLedger for many years, specializing in Oil & Gas accounting services, Division Orders, Lease Records, and Land Management.
When the opportunity to work with Associated Resources eventually arose, we quickly saw the potential of unifying the two companies. For PetroLedger, not only were we looking to expand our services for our clients, it was also pivotal for us to partner with someone who shared our vision to prioritize client satisfaction by actively cultivating our talent.
Through this merger, PetroLedger and Associated Resources aim to continue providing quality back-office Oil & Gas services across the Upstream and Midstream. Want to get started with our services? Email our Sales team or give our Sales line a call!
Lauren, one of our youngest team members, comes to PetroLedger shortly after obtaining her Digital Media Innovation degree from Texas State University. Armed with knowledge of digital and social media trends, Lauren brings a fresh perspective to PetroLedger’s online identity and ensures that our company reaches new clients.