February 1, 2012 Petroleum Accounting Consultants files for gross production tax refunds for top ten company in the world based out of Houston, TX totaling $1,039,979. These refund claims range in time from January 1997 through June 2003. These refund claims were filed based on Oklahoma Senate Bill 841.
January 27, 2012 Petroleum Accounting Consultants files for a gross production tax rebate application with the Oklahoma Corporation Commission for Houston, TX based oil and gas operator for a well that was worked over in June 2001. PAC receives two approved form 1534s from the Oklahoma Corporation Commission and files gross production tax refund claims totaling $14,332 for Oklahoma City based oil and gas partnership. PAC also files gross production tax refund claims for large Houston, TX based oil and gas exploration company totaling $335,595. PAC continues field work at Tulsa, OK oil and gas operator.
January 26, 2012 Petroleum Accounting Consultants files form 1534 with the Oklahoma Corporation, for Tyler, TX oil and gas operator, on a well that was worked over in April 1999.
January 24, 2012 Petroleum Accounting Consultants files with the Oklahoma Tax Commission severance tax refund claims totaling $32,771.43 for Houston, TX based oil and gas operator.
January 23, 2012 Petroleum Accounting Consultants receives approved form 1534 for severance tax refund from the OCC. PAC files for severance tax refunds totaling $6,126 with the Oklahoma Tax Commission for Houston, TX based energy firm.
January 20, 2012 Petroleum Accounting Consultants files for a severance tax refund with the Oklahoma Corporation Commission for two wells operated by a top ten company in the world. PAC files for gross production tax refunds with the OTC for the same company on one well totaling $9,187.
January 18, 2012 Petroleum Accounting Consultants continues severance tax refund field work at Houston, TX top ten energy firm.
January 16, 2012 Petroleum Accounting Consultants submits Oklahoma Tax Commission form 328 for a gross production tax refund claim totaling $41,026 split between two different oil and gas operators.
January 13, 2012 Petroleum Accounting Consultants starts field work at Stillwater, OK oil and gas operator looking for severance tax refund opportunities that had been previously missed.
January 12, 2012 Petroleum Accounting Consultants receives eight OCC form 1534 approvals for gross production tax refund.
January 6, 2012 Petroleum Accounting Consultants files ten gross production tax refund applications with the Oklahoma Corporation Commission bringing the total applications for this Oklahoma City based oil and gas exploration and production company to 27 during the last three days for a company that operates only 50 wells. PAC also files Oklahoma Tax Commission form 328 for a severance tax refund for Houston, TX top ten energy firm totaling $576,292.
January 4, 2012 Petroleum Accounting Consultants files 13 severance tax refund applications for three various Oklahoma City based oil and gas operators.
December 30, 2011 Petroleum Accounting Consultants files OTC form 328 for severance tax refunds for $8,933 for Tulsa, OK oil and gas company. These refunds would have expired in 24 hours if PAC didn't file these refund claims.
December 29, 2011 With only three days remaining until Oklahoma gross production tax refunds expire for taxes paid for production from July 2009 through June 2010 Petroleum Accounting Consultants files for a gross production tax refund on one well for $474,242. PAC files for severance tax refunds totaling $1,286,999 for Oklahoma City based oil and gas operator which would have expired in just three days.
December 28, 2011 Petroleum Accounting Consultants files gross production tax refund claims with the Oklahoma Tax Commission totaling $101,360 for Tyler, TX oil and gas operator. These severance tax refunds were filed as part of Oklahoma Senate Bill 841. PAC continues field work at Tulsa, OK oil and gas partnership.
December 27, 2011 Five days until refunds from June 30, 2009 through July 2010 expire PAC files 13 forms 1534s with the Oklahoma Corporation Commission to get wells approved for a severance tax refund for four seven different oil and gas firms. PAC files oil and gas severance tax refund claims with the OTC for $1,327,610 just five days before the refunds would have expired. PAC continues field work at Tulsa, OK oil and gas partnership.
December 26, 2011 Petroleum Accounting Consultants files for a gross production tax refund for Oklahoma City based oil and gas company for $69,551 this refund would expire in six days.
December 23, 2011 Petroleum Accounting Consultants submits gross production tax refund claims to the OTC for $141,072 on form 328. These refunds were set to expired at Midnight December 31, 2011.
December 22, 2011 The Oklahoma Corporation Commission approves a form 1534 application filed by PAC for a well operated by Ardmore, OK energy firm. PAC files a severance tax refund claim totaling $108,708 based on this approval with the Oklahoma Tax Commission. PAC files for another $49,624 in Oklahoma gross production tax refund claims for Tyler, TX oil and gas company.
December 19, 2011 Petroleum Accounting Consultants sends two form 1534s to the Oklahoma Tax Commission requesting gross production tax refunds totaling $2,929 for Oklahoma City energy firm.
December 16, 2011 Petroleum Accounting Consultants files form 1534 for four different oil and gas companies requesting severance tax refunds totaling $20,199. These refunds were going to expire in 15 days.
December 15, 2011 With two weeks remaining until Oklahoma severance tax refund expire for production from July 2009 through June 2010 PAC files nine form 1534s with the Oklahoma Corporation Commission for various oil and gas firms. PAC also files for severance tax refund claims of $45,823 for various oil and gas exploration companies. PAC continues field work at Tulsa, OK oil and gas partnership.
December 13, 2011 Petroleum Accounting Consultants files for $46,931 in Oklahoma severance tax refund claims for wells operated by four different oil and gas firms.
December 12, 2011 Petroleum Accounting Consultants sends to the OTC form 328s requesting gross production tax refunds totaling $60,686. PAC starts field work to identify severance tax refund opportunities at Oklahoma City based energy firm.
December 11, 2011 Petroleum Accounting Consultants requests another $8,982 in severance tax refunds from the OTC for Houston, TX oil and gas conglomerate.
December 9, 2011 Petroleum Accounting Consultants starts field work at Oklahoma City base energy firm reviewing documents to identify gross production tax refund opportunities.
December 8, 2011 Petroleum Accounting Consultants files form 328s with the OTC for refunds of severance taxes totaling $13,035.
December 7, 2011 Petroleum Accounting Consultants submits severance tax refunds claims to the OTC for $13,261 for Tulsa, OK operator.
December 6, 2011 Petroleum Accounting Consultants concludes field work at Dallas based oil and gas firm. During field work PAC identified several wells that will qualify for an Oklahoma gross production tax refund.
December 2, 2011 Petroleum Accounting Consultants continues field work at Oklahoma City based oil and gas operator of over 40 wells. During 2005 Petroleum Accounting Consultants obtained a severance tax refund for this same client of over $80,000. PAC also files 17 gross production tax rebate applications with the Oklahoma Corporation Commission for Tyler, TX oil and gas operator. In less than two weeks after completing field work at their offices PAC has filed 35 gross production tax rebate applications. Previously this operator filed a total of eight 1534 gross production tax applications with the Oklahoma Corporation Commission and they thought they had filed everything that could be filed. Based on the information obtained during the field work portion of PAC's review PAC anticipates being able to file over 75 gross production tax refund applications.
December 1, 2011 Petroleum Accounting Consultants starts field work at Oklahoma City based oil and gas operator of over 40 wells. In 2005 PAC obtained over $100k in gross production tax refunds for this operator.
November 30, 2011 Petroleum Accounting Consultants concludes filed work at Mustang, OK oil and gas operator. During the two days of field work PAC identified several wells which will qualify for a gross production tax refund.
November 29, 2011 Petroleum Accounting Consultants starts field work reviewing well files at Mustang, OK oil and gas operator.
November 28, 2011 Petroleum Accounting Consultants files 15 severance tax refund applications with the Oklahoma Corporation Commission for Tyler, TX oil and gas firm.
November 22, 2011 Petroleum Accounting Consultants files three form 1534 gross production tax refund applications with the Oklahoma Corporation Commission for Tyler, TX oil and gas operator.
November 22, 2011 Petroleum Accounting Consultants files three form 1534 gross production tax refund applications with the Oklahoma Corporation Commission for Tyler, TX oil and gas operator.
November 17, 2011 Petroleum Accounting Consultants files one gross production tax refund application with OCC for Tyler, TX oil and gas company. Petroleum Accounting Consultants files $32,678.23 with OTC for an economically at-risk Oklahoma oil and gas company.
November 16, 2011 Petroleum Accounting Consultants concludes field work for Tyler, TX oil and gas operator. Over a day and half period PAC was able to review over 120 operated for the operator and compile documentation to file an estimated refund of over $500,000.
November 10, 2011 Petroleum Accounting Consultants files Texas tax reimbursement refund claim for $12,513.24 with the Texas Comptroller for Houston based energy firm.
November 9, 2011 Petroleum Accounting Consultants comes to an agreement with Fortune 50 oil and gas operator to process their Oklahoma gross production tax refund claims.
November 8, 2011 Petroleum Accounting Consultants starts field work for severance tax review for Oklahoma City based oil and gas operator.
November 7, 2011 Petroleum Accounting Consultants starts gross production tax refund field work for Edmond, OK based oil an gas company. PAC wraps gross production tax field work in two days for Oklahoma City based operator of over 75 wells.
November 3, 2011 Petroleum Accounting Consultants meets with new oil and gas operator regarding their revenue distribution and joint interest billing needs.
November 2, 2011 Petroleum Accounting Consultants starts review of 2010 and 2011 gross production tax incentives for Norman, OK oil and gas operator.
October 27, 2011 While attending our class on filing of Production Tax Refunds this summer Oklahoma City based Operator agrees it would be best to “put it in the hands of an expert” and engages PAC to file all past & present refunds.
October 5, 2011 Severance tax refunds filed by Petroleum Accounting Consultants for the third quarter of 2011 total $1,415,478.13.
August 23, 2011 Petroleum Accounting Consultants files 11 gross production tax rebate applications for Oklahoma City based energy firm.
August 22, 2011 Petroleum Accounting Consultants filed three severance tax refunds applications with the Oklahoma Corporation Commission for Ardmore, OK oil and gas producer. Additionally, PAC files 15 severance tax refund applications for Oklahoma City oil and gas producer.
August 19, 2011 Petroleum Accounting Consultants files two gross production tax refunds for Ardmore, OK oil and gas company. PAC receives credit memos from the Oklahoma Tax Commission totaling $26,273 for Norman, OK oil and gas company.
August 17, 2011 Gary Rowell of Petroleum Accounting Consultants attends the NAPE conference in Houston, TX. Petroleum Accounting Consultants receives Oklahoma gross production tax refund credit memos totaling $28,940.19 for three different oil and gas operators.
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