Crude Oil Run Tickets

Measurement Records For Specific Oil Pickups

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

As part of our well services for oil and gas purchasers and operators, we process crude oil run tickets.

Crude Oil Run Tickets
Crude oil run tickets are field documents that record the movement of crude oil from a tank to a transporter. The tickets serve as proof that the oil was picked up, measured, and transferred.

A run ticket is created each time oil is “run” (hauled or transferred) from a storage tank.

Information On Run tickets
Run tickets chronicle the who, what, when, where, and how much of a transaction.

They typically contain information about:

• operator
• purchaser
• pickup location (property name and lease)
• tank ID or tank battery
• opening tank measurements (the amount of oil in the tank before it is offloaded)
• temperature and gravity (which impact volume)
• closing tank measurements (the amount of oil in the tank after the truck has been filled)
• where the oil went
• date and time of the run

Accuracy Matters
Because crude oil run tickets are foundational records for several processes, accuracy matters!

Run tickets allocate production volumes to each well and owner and ensure that correct royalty and working interest payments are calculated.

The tickets also provide an audit trail for state regulatory reporting, internal accounting checks, and dispute resolutions (over volume discrepancies, for example).

ExTex: Experience And Expertise With Well Services
At ExTex, we focus heavily on controls and reconciliation in our well services and division order services to ensure that errors aren’t made that will later have to be unraveled.

Accurately maintaining tank strap databases, run tickets, and monthly price bulletins helps ensure that royalty owner payments, working interest payments, applicable tax payments, and regulatory reports are accurate.

Customer Support For Run Ticket Issues
In addition to providing customer support for our clients, we can also reach out to purchasers, operators, haulers, and landowners to resolve any run ticketing issues.

About ExTex
Since 1998, we have been providing division order services and accounting services for oil and gas purchasers and operators of all sizes, from startup companies to multi-national corporations.

We are SOC compliant, and we can provide a customized back office solution for you – whether you want to outsource everything to us, or just certain tasks.

For more information about crude oil run tickets, or to schedule a free consultation, 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.

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“The outcome of switching to ExTex was better customer service and lower costs for the company.”

Bill C, VP of Marketing, Oklahoma

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