Oil and Gas Revenue Disbursement
Petroleum Accounting Consultants uses SSI software to handle oil and gas revenue disbursements and joint interest billings. We use cloud computing to allow our office to work seemlessly with our clients. This allows our clients to have access to their accounting records 24/7. Operators simply have a copy of their revenue check stubs or purchaser statements sent to us and we enter the revenue in the system. For oil and gas purchasers they simply provide us with the volume and value infomration per well they purchased during the month and prepare the royalty owners' checks. We also handle all the necessary division of interest changes that need to be made as the oil and gas assignments are received by the purchaser.
Our clients can then either log-in and print the revenue checks themselves or we will print them and Fedex them for the client's signature or electronic funds transfer can be used to pay the owners.