by Chris Pettigrew | Oct 11, 2023 | Uncategorized
Non-Payment of Royalties in Oil and Gas Production: The Implications and Consequences Royalties are the lifeblood for many property owners who lease their land for oil and gas production. These payments, often stipulated in the oil and gas lease agreements, compensate...
by Chris Pettigrew | Oct 5, 2023 | Uncategorized
What is Joint Interest Billing (JIB) in Oil and Gas Accounting? Joint Interest Billing (JIB) is a fundamental aspect of accounting in the oil and gas industry. It is a process that allows operators to report joint account charges for a well or facility to the working...
