BACK OFFICE ADMINISTRATION FOR OIL & GAS PURCHASERS

Services

Outsourced Back Office Services For Oil And Gas Purchasers And Operators

To schedule a free consultation, please call (303) 463-8799 or fill out our contact form.

You do what you do best, and we’ll do the rest!

At ExTex, we have been providing back office outsourcing for oil and gas companies since 1998, and we are SOC compliant. Our full range of services includes administrative, financial, compliance, and land-related accounting and administrative support for oil and gas purchasers, operators, and property owners.

Well Services
Our well services for oil and gas companies include:

netting of crude oil and gas tickets
importing of electronic crude oil and gas ticket files and codes
maintaining operator leases and tank strap databases
updating monthly price bulletins and deductions
providing customer support between oil and gas purchasers and operators

Division Order Services
Our division order outsourcing services for oil and gas companies include:

developing and maintaining division of interest for operators and purchasers
issuing and processing division orders
maintaining owner pay statuses
researching and maintaining tax exemption records
suspending and releasing payments
processing unclaimed property reporting and transactions
serving as a liaison between oil and gas purchasers, operators, and owners

Title Services
Our title services for oil and gas companies include:

providing support for ownership title changes
researching owners that can’t be found
calculating division of interest (DOI)
helping resolve common title issues that are found in oil and gas properties and rights

Revenue Accounting Services
Our revenue accounting services for oil and gas companies include:

booking final monthly run ticket data and revenue transactions
calculating withholding taxes
booking revenue data to each division of interest
processing monthly payments to oil and gas owners and operators
providing revenue statements that reflect monthly statements
accurate revenue accounting, reconciliation for oil and gas companies

Tax Accounting Services
Our tax accounting services for oil and gas companies include:

preparing and reporting ONRR and BIA 2014 reports
validating tax exemptions
validating, reporting, and remitting monthly oil and gas tax reports and payments to various tax entities
validating and reporting state and federal withholdings
preparing annual 1099s and other various tax documents

ExTex – We Bring Efficiency, Experience, And Expertise To Your Operations
Since 1998, we have been bringing efficiency, experience, and expertise to the back office operations of oil and gas purchasers and operators. We can provide some or all of the services listed above for you. Just let us know what you need, and we will provide a customized back office support solution!

For more information about our outsourced back office support services for oil and gas companies, or to schedule a free consultation, please call (303) 463-8799 or fill out our contact form.

ExTex Division Order Services, LLC is located in the Denver metro area (in Golden, Colorado), and we provide back office outsourcing services for oil and gas companies across the U.S. and Canada.