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Oil and Gas Management Services
You are here:   Oil and Gas Management  »  Oil and Gas Management Services

Oil and Gas Accounting 

  • Automated Revenue Processing
  • Comprehensive Oil and Gas Accounting
  • Ad Valorem Tax Services
  • Trust System Interface
  • Customized Reporting (Cash Flow, Asset-Level Transaction Detail, Lease Operating Statement)
  • Review, Process, Approve AFEs, and Joint Interest Billings (JIBs)
  • Depletion Calculations
  • Annual Income Tax reports

  

Risk Mitigation  

  • Regulatory Compliance Monitoring
  • SSAE/SOC-1 Audit Compliant
  • Due Diligence and Risk Analysis
  • Annual OCC Reg-9 Account Review
  • Curative Title and Ownership Research

 

Revenue Enhancement 

  • Suspended/Escheated Funds Research
  • Division Order and Title Analysis and Processing
  • Valuations
  • Consultation Services
  • Dormant Mineral Law Review and Filings

  

GIS Mapping 

  • Dedicated team focused on mapping all client properties
  • Industry activity overlays
  • Customized to client needs

  

Leasing 

  • Pro-Active Lease Marketing and Negotiation
  • Bundling of Client Acreage to enhance values and terms
  • Dedicated Lease Management Team
  • Annual attendance and participation at NAPE to market all unleased acreage

  

Oil, Gas, Mineral Sales 

  • National Oil, Gas, Mineral Brokerage services
  • Mineral and Royalty Sales Packages
  • Non-Operated Working Interests for Sale
  • Dedicated Mineral Sales Team

  

TAILORED SERVICES 

Services Tailored to Colleges and Universities, Endowments and Non-Profits 

FNC Mineral Management works with many schools and non-profits in the management of oil and gas properties and assists in facilitating the acceptance of gifts of oil and gas properties. 

 

Accepting and Processing the Gift 

Selling the Asset 

         Assist with development of gift acceptance policies 

         Verify asset meets IRS guidelines 

         Due diligence research 

         Physical inspection 

         Environmental risk study  

         Verify evidence of clear title 

         Appraisal - set value 

         Prepare materials for listing 

         Market analysis to determine listing price 

         Conduct a professional marketing campaign 

         Nationwide network of vetted buyers 

         Auctions and private sales 

         Negotiation of sale terms 

         Facilitate sale closing 

  

Contact 

For more information on Farmers National Company and our services, contact Wes Turiano at 1-888-880-8865 or WTuriano@FarmersNational.com. 

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