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.
See related topics:
ExTex vs Other Division Order Companies
ExTex vs Accounting Firms
ExTex vs In-House Division Order Departments