Why PetroLedger is THE Choice in Regulatory Compliance Featured Image

Why PetroLedger is the Clear Choice in Regulatory Compliance

Mandy Lambright
February 14, 2024

When it comes to managing your books, trying to keep your company compliant can be a real headache. The regulations set at the state, federal, and tribal levels are constantly evolving, and trying to keep up can create complex challenges. Our team is here to help you navigate the tricky waters of regulatory compliance. There are a number of reasons why PetroLedger is the clear choice to handle all of your regulatory concerns, but we believe that one word stands out — experience.

PetroLedger’s Regulatory Team

"I think that's the difference you're going to get here. I really feel that the level of experience and knowledge in our company is going to rival or surpass a lot of other companies." - Ken McBride, Regulatory Department

Here at PetroLedger, we have over 25 years of experience in state, federal, and tribal reporting. Our team is well-versed in state royalty reporting and escheatment, and we have a deep understanding of the environmental, legal, and safety regulations that apply within the oil & gas industry. At the state level, our accountants are highly knowledgeable about the regulations and requirements for each of the 50 states, so no matter how simple or complex each state’s reporting and filing processes can be, you can feel confident that we have your regulatory compliance needs well in hand.

Many of our employees have worked in oil & gas accounting for years, or even decades, and are using that experience to help bring up young talent. Thanks to the deep well of knowledge that we have as a company, PetroLedger has developed new and exciting training programs to help ensure that our new employees are equipped with the tools that they need to provide top-quality service to each of our clients

What Our Clients Have to Say

"There's a knowledge base that far exceeds your current team. If you need help with something, there [is] always somebody else that they can go to. If it's a software migration, a conversion, a royalty owner issue, a regulatory issue — there's always a larger knowledge base that they can pull from." - Michel Alfarone, Maple Energy

PetroLedger services over 350 clients, and about 100 of those clients rely on us to handle some or all of their regulatory work. When those clients reach out with questions, concerns, or issues with their books, they can rest assured that someone in the PetroLedger community has the answers or solutions that they need. With over 100 professionals in several offices spanning across Texas and Oklahoma, working with clients across the US and in other countries, our company has a wealth of knowledge at its disposal.

We don’t think we could have said it better than our friend and client CB Rowan from Contrast Energy — "I do know when they don't know something, the answer isn't a guess. They're like, 'I've got somebody that I can call at PetroLedger, we'll go solve this problem’… So for us, it's a great help to know there's somebody that we can call to answer a complex problem that we don't have the solution for internally."

How Our Regulatory Team Can Help You

When you choose PetroLedger to handle your regulatory work, we dig deep into your filing history so that we can better understand your company and its needs and ensure that we are managing your compliance properly and providing accurate reporting from the start.

Our team is experienced in all regulatory reporting — from production volume reporting, to state severance taxes, to ONRR reporting — and we stay up to date on all the latest regulatory changes so we can simplify the process for you and protect you against audits, leaving you with more time to focus on your business. Our professionals are also fully equipped to help you with unclaimed property/escheatment and are ready and willing to walk you through the process from start to finish.

Check out the full list of our Regulatory Services here!

Do you have regulatory compliance concerns? Contact our sales team!

Mandy Lambright
Marketing Director

Mandy joined PetroLedger in September 2022 after serving for almost a decade as the Creative Director at a fine art gallery, where she honed her marketing and design skills. She graduated with a degree in Graphic Design from Abilene Christian University.