Oil & Gas Outsourced Accounting
We’ll manage your company’s accounting functions so you can focus on finding, producing and selling oil and gas reserves.23>
Our outsourcing services include:
Revenue Accounting and Joint Interest Billing close
We maintain your DOI and NRI decks and make accurate interest-owner distributions for the sale of oil and gas products and for joint interest owner costs, plus more.
Accounts Payable close
We process all of your accounts payable, property costs and general and administrative costs, and ensure related invoices are entered accurately and timely paid.
We set up all necessary information related to acquisitions and account for any divestitures.
Financial and Operational Reporting close
We provide varied financial reports ranging from a cash-basis trial balance to audit-ready, GAAP-based financial statements.
Regulatory Reporting close
We ensure compliance with the complex local, state and federal taxes, royalty and 1099 reporting associated with your operations.
Audit Support Services close
We interact with the independent CPAs to ensure that any audit, review or compilation services and tax compliance are conducted effectively and efficiently.
Production Tax Recovery
EEPB works closely with our affiliate, Production Tax Consultants, LLC, to assist oil and gas clients realize considerable production tax savings through their unique, customized data-driven approach in the areas of marketing cost refunds, well incentives, and tax reimbursements. Learn more about these services by visiting www.productiontaxconsultants.com.