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Oil and Gas Operator Accounting
Regulatory Compliance & Owner Relations

Oil & Gas Accounting Outsourcing. Land Administration. Regulatory Compliance.

Complete Energy Industry Accounting & Land Administration Services

Valor can provide accounting and land administration services for oil & gas and energy companies, supported by professionals with decades of experience, as the full back office or one function at a time.

Oil & Gas Accounting

Fully customized, scalable suite of accounting services to help energy companies get more value out of their back office operations.

  • • Accounts Payable & Joint-Interest Billing: Complete AP processing and JIB management
  • • Revenue Accounting: Comprehensive revenue processing and optimization
  • • General Ledger: Full GL management and financial controls
  • • Financial Reporting: Custom financial statements and analytics
  • • Gas Plant Accounting: Specialized midstream accounting services
  • • Production Accounting: Detailed production revenue management
  • • Division Orders: Complete division order processing and management
  • • First Purchasers: First purchaser statement processing
  • • Treasury Services: Cash management and banking optimization

Land Administration

Expert team of professionals ready to handle all lease records, division orders and land management needs.

  • • Lease Records: Comprehensive lease management and administration
  • • Division Orders: Professional division order preparation and processing
  • • Owner Relations: Complete owner communication and service management
  • • Escheatment: Regulatory compliance for unclaimed property
  • • Title Management: Title research and curative services
  • • Contract Administration: Lease and contract lifecycle management
  • • Regulatory Filings: State and federal compliance management

Business Optimization

Seasoned professionals equipped to unlock your business's hidden potential through strategic optimization.

  • • Mergers & Acquisitions: M&A transaction support and integration
  • • Due Diligence: Comprehensive financial and operational analysis
  • • Cost Reduction: Operational efficiency and expense optimization
  • • Cash Flow Management: Working capital and liquidity optimization
  • • Financial Consolidation: Multi-entity financial management

Regulatory Compliance & Consulting

Expert staff with 25+ years experience in state, federal and tribal reporting, handling all regulatory compliance needs.

  • • Regulatory Compliance: State, federal, and tribal reporting
  • • Acquisition & Divestiture Consulting: Transaction advisory services
  • • Due Diligence: Comprehensive risk assessment and analysis
  • • Data & Analytics: Business intelligence and reporting

Why Choose Valor?

Your Software or Ours

Valor can typically work in your accounting software or on its own licenses

Proven Results

$32M+ recovered for clients with measurable outcomes

Scalability

Typically from 1 well to 10,000+ wells

Competitive Value

For small and mid-size operators, typically 30–50% less than equivalent in-house staff

Frequently Asked Questions

Valor reports $32M+ recovered for clients, typically scales from 1 well to 10,000+ wells, and can work on industry-standard oil and gas accounting software, on your license or Valor’s. Its services can include digital mapping and regulatory compliance, under SOC-certified controls, and for small and mid-size operators it can typically cost 30–50% less than equivalent in-house staff.

Valor typically handles system setup and cuts over at the start of a month. It typically ties converted balances back to the prior system’s trial balance and runs the first close in parallel or under extra review. Timelines depend on the scope and complexity of the transition.

Valor can work on industry-standard oil and gas accounting software, including OGSYS, Enertia, WolfePak, Quorum, P2 Energy, and BOLO, on your license or Valor’s. Valor’s preferred platform is typically WolfePak, and Valor typically encourages smaller operators to run on Valor’s licenses; software on Valor’s licenses is typically billed through separately.

Valor’s JIB and revenue work can include JIB coded to wells and AFEs with COPAS overhead, partner statements traced to invoices and AFEs, purchaser revenue checked for volumes, prices, and deductions, and owner statements and payments off a current deck. You typically approve disbursements and deck changes.

Valor can provide regulatory compliance for all 50 states, federal requirements, and tribal lands. Its regulatory staff have 25+ years of experience in state, federal, and tribal reporting, including Texas Railroad Commission filings.

Valor has SOC-certified controls, which are examined by independent auditors.

Oil and gas operating accounting encompasses all financial management activities for oil and gas operations, including production accounting, revenue distribution, joint interest billing, regulatory compliance, and financial reporting specific to the energy industry. Operating accounting ensures accurate tracking of costs, revenues, and ownership interests across all wells and properties.

Oil and gas accounting services include accounts payable, accounts receivable, general ledger management, production accounting, revenue accounting, joint interest billing (JIB), division order management, regulatory reporting, severance tax filing, and financial statement preparation. These services ensure compliance with industry-specific requirements and accurate financial management for energy operations.

Oil and Gas Business Solutions

Valor specializes in oil and gas accounting, oil and gas consulting, and back-office outsourcing. Valor can provide accounting outsourcing, land and lease administration, and owner relations, including accounts payable, joint interest billing, financial and production reporting, revenue distribution, regulatory compliance, and division order outsourcing. We are based in Fort Worth, Texas, with an office in Midland, Texas, catering to oil and gas operators and investors with comprehensive back-office solutions.

Outsourced Oil and Gas Accounting Solutions

Valor can serve as the oil and gas back office for operators and energy investors, including bookkeeping, revenue accounting, and general ledger accounting. Valor can process monthly revenue statements and distributions, act as the liaison between the operator and third parties, prepare and process monthly joint interest billings, and prepare and file monthly severance tax reports, state withholding remittances, and Texas Railroad Commission production reports.

Land Management and Workflow Solutions

Members of the Valor team hold highly regarded industry certifications including Certified Public Accountants (CPA) and Certified Professional Landman (CPL). Valor was founded by multi-generational oil and gas professionals who know what it takes to maintain proper well files. Valor can provide full-service lease records outsourcing: setting up and maintaining records, monthly obligation reports, digital mapping, and lease obligation and expiration reporting.

Division Orders and Owner Relations

Valor can provide owner relations outsourcing and division order maintenance and act as your division order department of record. Valor can set up and maintain pay decks and ownership records, validate owner EINs, maintain owner pay status, research owners who can’t be found, resolve revenue and JIB discrepancies, and distribute division orders and title requirements.

Regulatory Compliance and Reporting Excellence

Valor’s regulatory compliance services can cover severance tax reports, state and federal regulatory filings, and Texas Railroad Commission production reports, reducing the administrative burden on operators.

Working in Your Accounting Software

Valor typically works on industry-standard oil and gas accounting software such as OGSYS, Enertia, WolfePak, Quorum, P2 Energy, and BOLO, on your license or Valor’s, and typically handles system setup.

Guides for Small & Growing Operators

Practical, plain-language guides to the back-office questions operators actually search for — written by the team that runs these functions every day:

Questions about payments or statements that you've received? Contact Owner Relations for help.

Questions about the services we provide, contact us today!


WTI Crude Oil
$90.51
USD/bbl
Natural Gas
$3.16
USD/MMBtu
As of 2026-10-12