Below are some of the oil and gas management services offered by KTM Management.

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Oil and Gas Accounting

• Keeping comprehensive financial books and records, adhering to industry accounting practices

• Detailed tracking of assets, liabilities, and profit and loss

• Comprehensive royalty revenue auditing

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Income & Expense Management

• Managing and collecting all income

• Managing and paying all expenses

• Distributing custom statements of all income and expenses by email to owners/partners

• Distributing net income by ACH

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Lease & Agreement Negotiating

• Negotiating and preparing oil and gas leases, farm-out and farm-in agreements, connection agreements, terminalling agreements, tariff and rate sheets, surface use agreements (drill site locations and facility sites), seismic permitting agreements, right-of-way agreements, hunting leases, and timber sale agreements

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Record Management

• Reviewing and confirming documents received in connection with leases and agreements, such as: division orders, transfer orders, divisions of interest, title opinions, unit agreements, and pooling agreements

• Collecting and maintaining accurate records of the information and data due from leases and agreements, such as: production data, drilling and completion reports, unitization information, and certificates of insurance

 

We customize our oil and gas management services to fit each client’s specific needs to achieve the utmost experience of dependability, straightforwardness, confidentiality, and transparency.