August 2011 Results

August 31, 2011 Petroleum Accounting Consultants files one gross production tax rebate application for Wichita, Kansas oil and gas company.


August 30, 2011 Petroleum Accounting Consultants files two severance tax refund applications for Oklahoma City based energy firm. PAC files gross production tax refund claims with Oklahoma Tax Commission for Chickasha, OK based energy firm in the amount of $8,882.98.

August 29, 2011 PAC files 24 gross production tax rebate applications for Oklahoma oil and gas company. PAC receives nine approved severance tax rebate applications from the OCC for an Oklahoma City based energy firm. Petroleum Accounting Consultants receives executed agreement to process Production Tax Refunds for local Dallas based Oil & Gas Operator with 50 newly acquired wells.

August 27, 2011 PAC files one severance tax refund application for an Oklahoma City oil and gas company.

August 26, 2011 Petroleum Accounting Consultants files six gross production tax rebate applications for Oklahoma City based energy firm. Petroleum Accounting Consultants receives four approved gross production tax refund applications from the Oklahoma Corporation Commission for an Oklahoma City oil and gas producer.

August 25, 2011 PAC files four severance tax refund applications for an Oklahoma based energy firm. Petroleum Accounting Consultants accepts the opportunity to process tax rebates and provide accounting services for Oil & Gas Operator located in Enid.

August 24, 2011 Petroleum Accounting Consultants files seven gross production tax rebate applications for Oklahoma oil and gas company. Petroleum Accounting Consultants files gross production tax refund claims with Oklahoma Tax Commission for Oklahoma City, OK oil and gas company in the amount of $5,769.20. Petroleum Accounting Consultants is hired by family owned Oklahoma based Oil Company and incorporated in Oklahoma to process all refunds available 1994 forward.

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.


August, 15, 2011 Petroleum Accounting Consultants continues field work at Tulsa, OK based oil and gas operator.

PAC receives credit memos from the Oklahoma Tax Commission totaling $48,480.09 for gross production tax refunds. PAC files gross production tax refund claims with the Oklahoma Tax Commission for $18,351 for Ardmore, OK based exploration and production company.  Additionally, PAC files for $17,379 in gross production tax refunds for Oklahoma City based oil and gas exploration firm.  PAC also files for $1507 in gross production tax refunds for Houston, TX oil and gas exploration and production company.

PAC receives credit memos from the Oklahoma Tax Commission totaling $26,273 for Norman, OK oil and gas company.


 

August 11, 2011 The Oklahoma Corporation Commission approves three more gross production tax refund applications filed by Petroleum Accounting Consultants. To-date PAC has received 131 gross production tax refund applications approvals during August.


August 9, 2011 Petroleum Accounting Consultants files one more severance tax refund application for Oklahoma City based operator with the Oklahoma Corporation Commission.  PAC also receives 16 more approvals from the OCC on gross production tax refund applications. PAC receives credit memos from the Oklahoma Tax Commission for $8,071.09.


August 8, 2011 Petroleum Accounting Consultants receives 54 approvals from the Oklahoma Corporation on gross production tax refund applications made on behalf of seven different oil and gas clients.


August 5, 2011 Petroleum Accounting Consultants receives 21 more approvals from the Oklahoma Corporation Commission for gross production tax refund applications.


August 4, 2011 Petroleum Accounting Consultants continues field work at Wichita, KS oil and gas company.  The Oklahoma Corporation Commission issues 34 gross production tax refund approvals on applications made by PAC.


August 3, 2011 Petroleum Accounting Consultants starts field work at Wichita, KS oil and gas operator.  PAC files three gross production tax refund applications for Oklahoma City based oil and gas operator.

Petroleum Accounting Consultants receives eight approvals from gross production tax refund applications made on enhancement wells for two Oklahoma City based oil and gas operators.


August 2, 2011 Oklahoma Corporation Commission approves eleven gross production tax refund applications filed by Petroleum Accounting Consultants.  PAC also files two more gross production tax refund applications based on enhancement projects with the Oklahoma Corporation Commission.


August 1, 2011 Petroleum Accounting Consultants files four more gross production tax refund applications with the OCC for Oklahoma City based oil and gas operator.   PAC also receives gross production tax refund checks from the Oklahoma Tax Commission for $1,512,90.


Featured Service

Gross Production Tax Refunds

Over the years we have worked with over 70 companies and recovered over $30 million in refunds for those companies. We have obtained refunds for large publicly traded companies and small privately held companies. We have been able to get a a refund of gross production taxes for every client that has retained our services.

Because of our years of experience we are able to obtain these refunds with very little of our clients' time. Based on our experience we are able to identify opportunities that in-house accountants would miss. Outsourcing your gross production tax refunds will result in a larger refund because of our years of experience. Our fees are based on a contingency fee structure so there is no fee is we are not able to recover a refund for your company. Give our office a call today to schedule your free assessment of the refunds that may be available to your company.

Click Here for More Services

Contact Us Now!


    Please check the services requested.

Testimonials

"I found their staff to be very knowledgeable and professional. Because of their knowledge of the rules and requirements, they were able to tell me which wells would qualify for relief. Many wells were eligible that I did not think would be according to my interpretation of the requirements.

I was very pleased with the outcome and the amount of refunds that I received. I look forward to a continuing relationship with Petroleum Accounting Consultants and I highly recommend their services."

Lewis A. Hembree Production Company
Lewis A. Hembree


Click Here for More Testimonials