Oil and gas accounting services
Structured procedures. Personalized service.
While Trinity follows a strict set of best practices for oil and gas accounting, the heart of our firm's success is our customized approach to clients' needs.
Service areas
Select any area below to see how our team supports it.
Your Oil and Gas Revenue Accounting Experts
Trinity brings significant experience to revenue accounting for upstream oil and gas companies. Our revenue accountants have extensive knowledge in tax compliance and the diverse requirements of revenue accounting.
Our services in this area include
- Record monthly revenue, including deductions and taxes
- Prepare monthly revenue/royalty distributions
- Option to net revenue distribution against JIB invoices
- Option to make ACH payments to owners with emailing of check detail
- File severance taxes and compliance reports (including ONRR and state royalties)
- Prepare monthly revenue accruals
- Prepare gas balancing statements
- Calculate and distribute net profit interests
- Respond to owner inquiries
- Perform account reconciliations
Looking for the complete Business Process Outsourcing (BPO) model? Explore Oil & Gas Accounting Outsourcing.
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