Revenue Distribution

Using the source data files, professionals at Opportune process revenue in regular intervals and in accordance with industry standards.

We have the ability to:

  • Code and input quantities and values into the revenue system by month
  • Verify prices received on oil and gas contracts
  • Set up and maintain oil and gas revenue division of interest disbursement decks
  • Process data relative to revenue payment to other working interests or royalty owners
  • Reconcile and monitor revenue clearing and suspense accounts monthly
  • Prepare and file severance tax reports with the appropriate state and regulatory agencies
  • Prepare gas balancing statements
  • Provide integrated system-generated reports
  • Maintain general ledger and subsidiary ledgers
  • Process and report on a monthly schedule determined by client