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We understand the importance of accurate, timely transactional reporting. Using your 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 both production month and accounting 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
  • Receive and answer royalty and working interest owner correspondence
  • Reconcile revenue clearing and suspense accounts monthly
  • Monitor revenue suspense and generate monthly suspense ledgers
  • Prepare and file severance tax reports with the appropriate state and regulatory agencies
  • Prepare gas balancing statements
  • Provide clients with system-generated reports, such as Owners to Be Paid, Owners Not to Be Paid
  • Distribution by Well, Check Register and Suspense Ledgers
  • Respond to working interests and royalty-owner inquiries related to revenue
  • Interface with CDEX and JIBLINK to transfer and receive revenue detail by owner by property
  • Maintain general ledger and subsidiary ledgers
  • Process and report on client’s monthly schedule