Notice of Disclaimer: For the benefit of its members, the COPAS website provides links to the websites of advertisers. In providing these links, COPAS does not endorse or recommend any products and services. COPAS makes no representation or warranty, whether statutory, expressed or implied with respect to advertiser’s products or services, including but not limited to its condition, quality, fitness for a particular purpose, conformity to, or the merchantability of any advertised product or service. COPAS assumes no liability, whether expressed or implied, for any defect in advertiser’s products or the advertiser’s failure to adequately perform any services.
4A Energy Advisors LLC provides an experienced, COPAS knowledgeable staff for contract compliance reviews related to:
- Capital Expenditures (drilling, completion, equipping, etc.)
- Lease Operating Expenses
- Vendors/Contractors with Special Emphasis on Land Brokers
- Revenue/Production Settlements
- Midstream Operations
- International Joint Ventures
- Litigation Support
AMS-PAR conducts more than 250 contract compliance audits annually. Our goal on each engagement is to recover lost profits and provide a unique insight into your company’s commercial relationships. Whether performing a joint venture, gas plant, production allocation, or vendor review we ensure our client’s objectives are met and the project is complete. Our proprietary tools and institutional knowledge allow us to interrogate data differently, thereby uncovering more discrepancies. AMS-PAR’s extensive relationship with other companies and knowledge of their systems and accounting practices also allows us to complete engagements more efficiently.
Whether your investments are in the deep gulf, onshore, or somewhere around the globe, the AMS-PAR team has the experience to evaluate whether billings, production allocations, or revenues were properly recorded. Survey results consistently rate our staff and processes above others. Our professional staff will provide your firm the consistency and higher level of assurance that you deserve from a trusted advisor.
BRI Consulting Group, Inc. (BRI) has provided oil and gas auditing services to our energy industry clients for nearly 30 years. We work with large integrated oil and gas companies, independent producers and small investors wanting to receive assurances that their partners and suppliers are adhering to the terms of their agreements.
Our team of seasoned professionals possess a strong working knowledge of the COPAS publications and have a wide range of experience working in both the domestic and international areas. Our expertise covers the following areas of audit and other services:
Joint Ventures – Capital and Lease Operating Expenditures
Payout and Closing Statement
Revenue – Oil and Gas
Gas Plant – Revenues and Operating Expenses
Supplier/Vendor Contract Compliance
Over the past two decades, BRI International has specialized in conducting audits outside the United States. Many of these multibillion-dollar projects contain complex cost allocation systems, inventory control, withholding taxes, currency exchange and logistic issues that require a strong understanding of industry norms and practices. Over the years, our teams of international auditors have identified well over $100 million in recoveries for our clients.
Whether there is a domestic or international need, our comprehensive audit programs enable us to provide our clients with assurance that the services they have received, were invoiced under the terms of the agreements utilized to govern their relationships.
GEI is an independent, professional organization ensuring contract compliance on joint interest expenditure audits, revenue audits, gas plant and fractionator audits, vendor audits, and construction audits for clients all over the world since 1991. We also offer consulting services, internal control reviews, out-sourced accounting functions and litigation support. Our clients consist of companies in every sector of the energy business, including oil and gas exploration and development companies, royalty and overriding royalty owners, non-operating working interest owners, gas pipeline companies, and trading and transportation companies. GEI has extensive experience in complicated contract compliance revenue audits relating to settlement for and allocation of hydrocarbons, including natural gas, natural gas liquids, LNGs, and crude oil. Our experience and knowledge of joint interest expenditure auditing includes substantial knowledge of audit issues associated with drilling, completion and lease operating expenses and the chargeability of costs according to the prevailing contracts. Based on our vast experience, we are confident that we can assist companies in the energy industry with oil and gas auditing and accounting needs.
For over 30 years, as an industry leader, Joint Venture Strategic Advisors (JVSA) provides joint venture consulting services in Canada, the United States, and around the globe. JVSA works with companies in the energy industry including: oil and gas, chemicals, utilities, and power generation sectors.
We work with you to handle all aspects of your joint venture agreements to run a smooth and successful operation. We specialize in joint venture auditing (LOE and capital) and accounting, production/revenue audits, consulting and advisory services, vendor compliance using our proprietary software, dispute resolution and litigation support. Additionally, we provide assistance with agreement writing, setting up accounting programs, in-house clean-up projects, and EnergyLink dispute clean-up and much more.
Visit www.JVSA.com for more information.
Joint Venture Expense | Revenues | Royalty | Gas Plant | Payout | Deepwater | Vendor | Compliance and Management | Severance Taxes | Litigation Support | Special Projects | COPAS Consultation
Employee-owned since 1982 with more than 200+ combined years of experience, Martindale is THE specialty consulting company focused on contract compliance, litigation support, severance and ad valorem tax and regulatory reporting compliance, analysis, revenue distribution and JIB processing, and special projects in the oil and gas industry. Our strength is our people; we utilize our employees to balance experience with youthful problem-solvers. We cultivate a continuous learning environment paired with experienced leadership, resulting in long-term employees that are passionate about the work we do and the clients we serve. This produces outstanding client results and creates successful long-term relationships. Our project managers provide a continuous point-of-contact for our clients and “cradle-to-grave” updates throughout our projects.
myComplianceManager™ (myCM™) is a cloud-based compliance and audit solution built for simplicity, speed, security and collaboration. myCM offers a suite of GRC products for:
- Joint Venture Audit & Contract Compliance
- SOx Compliance
- Internal Audit
- Risk Management
- Policy Compliance & Certifications
- 3rd Party/Supplier Compliance
For COPAS professionals, the myCM Joint Venture Audit solution offers flexible features to accommodate the needs of operators, non-operators, asset managers, auditors and consultants. myCM streamlines the Information Request process so Fieldwork can be completed in less time. Automated Date Tracking enables timely audit resolution. myCM’s built-in Dashboard Analytics help our clients gain insights from past audits. For Joint Venture audits, myCM provides:
- Date Tracking for due dates
- Dashboard Analytics
- 1-Click Audit Report generation
- 100% Audit and Exception visibility
- Information Request workflow
- Exception management with Rebuttal cycles
- COPAS / PASC integration
- Partner share tracking
- Post-audit review & improvement
- $USD / local currency calculator
- Flexible reporting and data export
- Simple to setup, easy to use
- Acclaimed customer service
PCS and its predecessor firm have provided domestic and international joint venture and related review services since 1984.
PDI’s renowned Energy division delivers quality Continuing Professional Education to the energy business — training that is on target, on site and on budget. Each of our program authors/instructors is a “been there, done that” professional with outstanding industry knowledge coming from decades of industry experience. All instructors have the skills to communicate, at any level, the material your employees need to be more effective. Explore our array of programs covering Fundamentals, Petroleum Accounting, Joint Interest, Expense Side, Revenue and Tax. Find the title and delivery mode that best suits your needs.
Established in 2019, Safire Oil and Gas Consulting specializes in Severance Tax Reviews targeting exemptions, deductions, and incentive opportunities; while additionally offering our clients canned and customized Training through our online Safire University. Here at Safire, we strongly feel the solution is NOT the Severance Tax refund….The solution is finding the REASON for the refund. If the focus is only about the refund, you will never fix THE REAL PROBLEM.
Safire’s team has over 70 years combined of Industry Revenue Regulatory experience and an average of 10 years in related consulting. We draw on our vast combined experiences to deliver best in class services with a fresh approach designed to meet the needs of today’s Oil & Gas Industry. Safire is based in Houston, Texas, and is a Certified Woman Owned Small Business.
SherWare is an oil and gas accounting software company that helps operators, non-operators and joint ventures track their distributions, joint interest billings and investments.
We pride ourselves on making oil and gas accounting easy, and yes, we’ve been around a long time (more than 25 years). If we learned anything with COVID, it was that the oil and gas industry needs to be flexible.
It’s why we offer full-service migration from other platforms, let you directly import all of your data into the software, let you only add the features you actually need and do it all for one flat, monthly rate, with no surprises. There are no annual fees. We have top-notch customer support and the software is so easy to use, we could teach your kid (or grandkid, no joke!). — and we’re the only software on the market that can integrate with your QuickBooks company.
Not only do we handle everything you’d expect and oil and gas distribution software to manage, but we also allow you to directly import data into the software, have more than 300+ built-in reports, and the ability to create any custom report you can dream up. We have direct deposit for all owners, online reporting so you can go paperless and the ability to run multiple distributions at the same time. On average it takes 34 days to get a new client converted and up and running on our software, plus we give you the option to spread your investment out over monthly payments instead of all up front.
Curious if it’s a good fit for you? Check out our free demo here and see all the features and pricing for yourself.
WolfePak Software is software for the Rest of us! Operator Suite with Payroll. Fully integrated scanning also available.