What duties are undertaken by your production accountant?

Answer:

  • Manage complex operated oil & gas properties
  • Compile and analyze field gauge reports
  • Maintain property files
  • Maintain production accounting system and property specific master file data
  • Input and process monthly volumetric data
  • Confirm third party volumetric data (fluid receipts and dispositions)
  • Provide 'volumes available' to working interest owners, third parties and client.
  • Analyze processed data prior to publishing
  • Generate pipeline forecasts (Form A/B)
  • Prepare and publish oil and gas pipeline splits based on information provided working interest owners, third parties and client.
  • Generate and submit provincial government regulatory reports (Alberta, Saskatchewan, British Columbia and Manitoba.)
  • Generate crown (provincial & federal) and non-crown royalty payments
  • Input revenue into production accounting system
  • Pre-balance receivables (purchasers) for current month
  • Monthly reconciliation of oil crown royalties
  • Respond to internal & external queries of a normal business nature
  • Manage prior period adjustments / amendments
  • Prepare an upload to your financial accounting system