WHAT WE DO
ARE YOU KEEPING UP WITH YOUR ACCOUNTING?
With PetroLedger, you get a team of accounting veterans who understand your business and goals. You can have peace of mind knowing that your internal controls are streamlined and efficient. Your outsourced business services team will optimize your setup and get your books and processes running smoothly.
- Revenue Processing
- Transaction Services
- Accounts Payable
- Accounts Receivable
- Joint Interest Billing
- Treasury Services
- Division Order Analysis
- Records Maintenance
- Lease Operating Statements
- Quarterly and Annual Filings (all states)
- Year-end Processing
- 1099 / W-2 Processing
- Payroll Services
ARE YOU CONFIDENT IN YOUR PLANT SETTLEMENT ACCOUNTING?
GAS PLANT SETTLEMENT
PetroLedger Financial Services offers comprehensive oil and gas accounting solutions to natural gas processing plants and pipelines. From allocations and settlements to gross margin analysis, we can assist you in simplifying and optimizing your accounting processes.
- Plant Balancing
- Gross Margin Analysis
- Imbalance Management and Accounting
- Complete Reporting
LOSING TOO MUCH TIME TO DIVISION ORDERS?
When you have multiple interests in wells, whether as an Operator or as a Non-Op, maintaining your Division Orders is integral to your success. That is why The Resource Group is dedicated to ensuring our clients’ assets are properly allocated from “spud” to end-of-life. Our records maintenance and reporting will ensure any changes of interest are accurately represented in your decks, empowering you to focus on production.
- Verify interest and prepare division orders for execution
- Research, calculate and prepare division of interests for producing wells
- Research and prepare burden breakdown spreadsheets
- Review and research division order title opinions for requirements
- Obtain items needed for release of funds suspense
ARE YOUR MINERAL INTERESTS MEETING YOUR INVESTMENT STRATEGY?
MINERAL INTEREST MANAGEMENT
Whether it’s a family interest or you’re running mineral interest for several hundred partnerships, our support services can scale to meet your investment strategies and emerging growth. Our oil and gas experts know how to read and interpret each lease agreement, audit historical revenue deposits, taxes and ownership obligations to make sure you’re being accurately compensated down to the penny.
- Data Processing
- Asset Management
- Oil and Gas Asset Inventory
- Custom Royalty and Production Reporting
- Lease Royalty Summary
- Dispute Resolution
- Investment Preparation
- Transaction Closures
- Data Maintenance
- Production History Retention
- Reconciliation of Unpaid Royalties
ARE YOU IN COMPLIANCE?
Whether you have one lease or maybe thousands, PetroLedger Financial Services has your regulatory compliance needs well in hand. We have 25 plus years’ experience in state, federal and tribal reporting. From production volume reporting, to state severance taxes, to ONRR reporting (both Federal and Tribal) PetroLedger can ensure timely and accurate reporting. We have experience in state royalty reporting, escheatment, as well as an understanding of the environmental, legal, and safety regulations that apply within the Oil & Gas Industry. When you partner with PetroLedger, we take the time to understand your business and fully review your filing history, because we believe that managing compliance properly from the beginning will lead to efficiencies and cost-savings down the road.
- Severance Tax Filing (all states)
- ONRR Filing (Tribal and Federal)
- Unclaimed Property/Escheatment
- Asset Integrity
- Financial Reporting
- Working Interest, Royalty and ORRI Payment Management
- Regulatory Compliance Support
- Operational Planning
- Technical Compliance and Reporting