Accounting
Our experienced professionals handle all aspects of accounting related to your oil and gas minerals and royalties. We ensure accurate financial reporting, revenue tracking, cost analysis, and budgeting. With our meticulous attention to detail, you can trust that your financial records are accurate and up to date.
Producing in Paying Quantities
We closely monitor and evaluate the production levels of your wells to determine their “Producing in Paying Quantities” (PPQ) status. Our team conducts thorough analyses to ensure compliance with your lease requirements.
Pay Status
We manage the status of your wells to ensure operators are paying you promptly and correctly. Our team tracks the payment status of each well, monitors production volumes, and addresses any issues promptly. This proactive approach helps you maximize your revenue generation potential.
Lease Expiry Tracking and Renewals
We monitor lease expirations and proactively manage the renewal process with operators. Our team ensures that your leases are actively developed and if not, we work to renew the leases with best-in-class operators earning you new lease bonus revenue and continued drilling obligations. We handle negotiations and renewals to secure favorable terms and maintain continuity in the development of your minerals and royalties.
Liaising with Drillers to Promote Development and Payment
We act as a liaison between you and operators to facilitate continued development activities and assurance of royalty payments. Our team coordinates with drillers to promote efficient resource development. We ensure that your assets are developed in a manner that aligns with your lease terms.
Surface Ownership Management
We assist in managing the ownership of surface rights related to your oil and gas properties. Our team negotiates surface use agreements, right-of-way agreements, ensures compliance with existing surface agreements, monitors access rights, and handles any surface ownership-related issues that may arise.