Outsourced production compliance covers well-level monthly production allocation based on days produced and well tests, state production filings, conservation tax submissions, ad valorem tax processing, and federal reporting requirements such as ONRR Form 2014 and OGOR reports.
Outsourced specialists systematically cross-reference source documents, field run tickets, and meter data to ensure accurate volumetric allocations and timely regulatory filings, eliminating late fees, compliance audits, and shut-in orders from state or federal agencies.
Dedicated compliance professionals compute monthly federal royalties, generate ONRR 2014 reports, reconcile OGOR production volumes, and file directly with the Office of Natural Resources Revenue to guarantee adherence to federal lease terms.
Yes. Production accountants utilize advanced allocation tools that accommodate multi-well pads, shared facility meters, commingled streams, and complex gathering network configurations to deliver accurate well-by-well production records.