Minerals Management

Minerals Management

Operated and Non-Operated properties throughout the U.S.

Photo Midland, Texas by D. Kirkpatrick

I’m an oil and gas industry veteran with over 30 years of experience. I’ve used different production accounting software and ERP systems and have worked directly with software companies with past clients. For large projects, I can leverage additional industry professionals within my personal network who have a minimum of 20 years oil and gas experience and are either retired or semi-retired.

I have experience operating properties with federal and Indian interests. I’m very familiar with the current BLM standards outlined in 43 CFR 3173 (Onshore Order 3) for Site Security and Measurement, 43 CFR 3174 (Onshore Order 4) for Oil Measurement, and 43 CFR 3175 (Onshore Order 5) for Gas Measurement. I have handled regulatory reporting for the following states: CA, CO, IL, KS, MI, NM, OK, SD, ND, TX and WY.

I work with both operators and non-operators (royalty, working interest owners). I’m available to manage properties on an ongoing monthly basis or can be contracted for special projects. Some of the services available are listed below:

Operated Properties

  • Full production accounting services utilizing your software
  • Collect and manage production and sales volumes
  • Daily or weekly reporting for management
  • Perform all monthly reconciliations
  • Monthly accrual
  • Variance analysis set to your level of materiality
  • Regulatory reporting for all state, federal and Indian agencies
  • Monitor for situations that may qualify for special tax exemptions
  • Review gathering system setups
  • Verify monthly statement pricing vs contracts
  • Acquisition setups in your production accounting software
  • Continual master data management
  • Other oil and gas accounting, JIB, regulatory services available upon request

Non-Operated Properties

  • Obtain monthly volumes and verify against check stubs and state filings for accuracy
  • Attach digital scans to assets for storage and archiving
  • Review monthly sales receipts against DOI% and marketing decimals
  • Provide YE data by property
  • Calculate depletion
  • Reporting available
  • Other oil and gas accounting services available upon request

Scroll to Top