WHO WE SERVE
With the wide variety of accounting and land services we offer for the energy industry, PetroLedger proudly serves a variety of upstream and midstream oil & gas businesses.
e & p operators
PetroLedger has helped operators get back to the business of pumping oil for nearly 30 years. Serving as the E&P firm's outsourced back office, our experienced bookkeepers can manage everything from joint interest billing and division orders to payroll and state filings — all at a significant cost savings over hiring full- or part-time staff.
Do you want to reduce your administrative headaches and stay on top of your books? With PetroLedger, you can do both. Plus, our specialized bookkeeping services scale with your needs. Whether you're working five wells or 500 wells, PetroLedger gives you the freedom to spend your time on production — not paperwork.
- Revenue Processing
- Transaction Services
- Accounts Payable
- Accounts Receivable
- Joint Interest Billing
- Treasury Services
- Division Order Analysis
- Records Maintenance
- Lease Operating Statements
- Quarterly & Annual Filings (all states)
- Year-End Processing
- 1099 / W-2 Processing
- Payroll Services
Private Equity
Oil & gas bookkeeping requires specialized personnel that few private investment groups staff internally. Trusted by clients across the country, PetroLedger has helped dozens of companies navigate the ins and outs of oil & gas bookkeeping. Our experienced team oversees everything from division orders and revenue distribution to regulatory filings and compliance. And no division of interest is too complex. PetroLedger is equipped to support a variety of private equity arrangements, from individual ownership groups to partnerships and joint ventures.
- Plant Balancing
- Gross Margin Analysis
- Allocations
- Imbalance Management & Accounting
- Complete Reporting
- Forecasting
- Settlement
Family offices & Trusts
Just as equity investments and real estate have unique management considerations, so too do oil & gas assets. PetroLedger works with family offices and private trusts to provide turnkey bookkeeping for oil & gas royalties and mineral interests.
In addition to helping you understand your ownership position, PetroLedger will provide detailed reporting on your royalties, reviewing check details against each asset's production history, division order and lease agreement. From income and disbursement to taxes and record keeping, our full-service approach ensures that your family office's assets are appropriately managed in the heirs' best interest.
- Verify interest & prepare division orders for execution
- Research, calculate & prepare division of interests for producing wells
- Research & prepare burden breakdown spreadsheets
- Review & research division order title opinions for requirements
- Obtain items needed for release of funds suspense
gas plants & midstream
Many of our clients come to PetroLedger looking for assistance in maximizing and streamlining their accounting processes for oil & gas plant operations and account for gas from wellhead to tailgate.
Let our licensed accounting professionals upgrade and design custom solutions for your oil & gas management platform using the best and latest technology and software that fits your needs.
- Data Processing
- Asset Management
- Oil & Gas Asset Inventory
- Custom Royalty & Production Reporting
- Lease Royalty Summary
- Dispute Resolution
- Investment Preparation
- Transaction Closures
- Data Maintenance
- Production History Retention
- Reconciliation of Unpaid Royalties