Oil & Gas Accounting

Experienced FA and PA services

Get Help With Your Accounting

Pandell’s financial and production accounting services are ideal for E&P companies that want to utilize industry professionals on a part-time basis.

Full cycle O&G Accounting on Pandell JV accounting software

Accounts Payable
- Review of invoices for accuracy, code invoices to accounts and properties and scheduling payments to vendors.
Accounting for Royalties
- Administration and payment of all royalties (including withholding taxes) and monthly lease rentals.
Bank Deposits, Reconciliations and Cheque Runs
- Save costs and drive efficiency by outsourcing your cheque runs.
Master File Maintenance - DOI's and AFE's
- Experts in Pandell JV to set up your master files and maintain them.
Revenue Accounting
- Depositing of revenue cheques. Upload of revenue vouchers. Analysis of revenue distribution and reconciliation of revenue entered to deposits.
Financial Reporting and Month End Processes
- Month end close, account balance analysis and analysis of AFE reports and Operations Reports.
Financial Statements
- Monthly preparation and analysis. Complete audit file preparation including all working papers.
Interim Controllership
- Professional financial assistance on time without the cost of hiring a full time employee. Let Pandell help you through transition.