If you are looking for a blend of oil and gas expertise and personal service, you have come to the right place! We offer a broad range of services for oil and gas companies.

Oil and gas producers face a number of complex accounting and tax situations unique to their industry. Complexities in the various severance tax and sales tax laws make it increasingly difficult to stay abreast of and take advantage of the various tax incentives.   

Our firm's reputation for providing quality service reflects the high standards we demand of ourselves. Our high standards, responsive service and specialized staff spell the difference between our firm and the rest.

Situation

A large oil and gas producer engaged Petroleum Accounting Consultants, PLLC to determine if they had overpaid their severance taxes and sales taxes. 

Results

After reviewing all of the oil and gas producer’s properties Petroleum Accounting Consultants, PLLC discovered they had overpaid severance taxes and sales taxes by over $600,000.   

Client Response

“We are grateful for Petroleum Accounting Consultants, PLLC’s knowledge and expertise.  Our company’s accounting department did not have the time or expertise needed to obtain the types of refunds they obtained.  Their professional staff took care of everything from identifying the wells that were due a refund to filing refund claims with the appropriate taxing authority.  Their diligence resulted in a substantial increase to our company’s bottom line due to the sizeable refund they obtain for our company”.