Cut Administrative and Labor Costs!

P&P Oil & Gas Solutions offers Revenue Accounting as well as Joint Interest Billing services that are designed to cut the administrative and labor costs of maintaining a permanent Accounting staff in-house.  P&P has professionals with over 50 years of Oil and Gas business process experience to deliver the right level of services tailored to meet each client’s unique needs.

?PRODUCTION ACCOUNTING SERVICES

Load Production Volumes

Perform Production/Revenue Volume Variance Analysis

REVENUE ACCOUNTING SERVICES

Record Monthly Revenue

Prepare Monthly/Royalty Distributions

Prepare Monthly Revenue Accruals

Calculate & Distribute Net Profit Interest

Perform Account Reconciliation

Option to Net Revenue Distribution against JIB Invoices

Monitor Accounts Receivable Ageing Reports

JOINT INTEREST SERVICES

Setup & Maintain JIB Schedules

Prepare Monthly Invoices to  Joint Interest Owners

Process Monthly COPAS Overhead

Prepare Monthly LOE & Capital Cost Accruals

Setup AFE’s

Enter Budget & Actual Cost Comparisons

Perform Account Reconciliation

We’re experienced in top industry Accounting Solutions!


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