Revenue

Your Revenue Accounting Experts

Trinity brings significant experience to revenue accounting for upstream oil and gas companies. Our revenue accountants have extensive knowledge in tax compliance and the diverse requirements of revenue accounting. 

Our services in this area include:

  • Record monthly revenue, including deductions and taxes
  • Prepare monthly revenue/royalty distributions
    • Option to net revenue distribution against JIB invoices
    • Option to make ACH payments to owners with emailing of check detail
  • File severance taxes and compliance reports (including ONRR and state royalties)
  • Prepare monthly revenue accruals
  • Prepare gas balancing statements
  • Calculate and distribute net profit interests
  • Respond to owner inquiries
  • Perform account reconciliations