Operations Accounting

Financial, Operations, Royalty & Production Accounting

Clean books.
Accurate volumes.
On‑time filings.

Accurate, timely accounting is the foundation of sound decisions for oil and gas operators. We provide reliable day-to-day, month-end, royalty, and production support for small and mid-sized producers.

Petrinex has multiple monthly deadlines. Missing them can bring costly penalties and compliance issues. We manage those timelines, so filings are accurate and submitted on time.

We keep books clean, track costs by well or property, calculate royalties correctly, and deliver clear reporting so you always know where you stand. Our work is accurate, consistent, and deadline-driven—supporting operational control, owner relationships, and financial oversight.

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How We Help

Day-to-day accounting: keeping the books current with operational transactions and cost tracking by well or property
Month-end & year-end close: completing closing entries and preparing P&L and Balance Sheet support on schedule
Operations & production accounting: producing monthly Lease Operating Statements (LOS) and allocating volumes accurately
Royalty & revenue: calculating royalties, processing revenue, and handling owner payments and distributions
Regulatory filings: managing Petrinex reporting, Gas Cost Allowance (GCA), Freehold Mineral Tax (FMT), and related filings so deadlines are met

Financial Clarity From the Ground Up

We help you maintain clean books, track costs by well or property, calculate royalties correctly, and generate clear reporting so you always know where you stand. Our approach emphasizes accuracy, consistency, deadline-driven results, and practical insight that supports operational control, owner relationships, and financial oversight.