PetroLedger Accounting & Land

06/04/2026

The oil and gas industry operates in one of the most heavily regulated environments in business. From permitting and reporting requirements to environmental compliance and operational oversight, navigating regulations is part of everyday life.

But what happens when your operations extend onto tribal lands?

The answer is more complex than many operators realize.

Federal, state, and tribal authorities can all play a role in governing oil and gas activities, creating unique compliance challenges and regulatory considerations that can significantly impact project planning, timelines, and costs.

As tribal governments continue to expand their influence over energy development within their jurisdictions, understanding this evolving regulatory landscape is becoming increasingly important for operators, investors, and industry stakeholders alike.

In this blog, we explore:
✅ How tribal regulations intersect with federal and state requirements
✅ Emerging trends shaping energy development on tribal lands
✅ Key compliance considerations for oil and gas operators
✅ What companies should be doing now to stay ahead of regulatory changes

Keep reading here and discover what every operator should know about the changing tribal regulatory landscape: https://bit.ly/4e2o68e

06/03/2026

Running an E&P business means living in the weeds, balancing production, compliance, reporting, and growth all at once. But here’s a hard truth:
🚩 If you’re too busy managing the business to actually lead it, something has to change.

In our latest blog, we break down five critical red flags that signal it’s time to rethink how your operations are supported:
- You’re buried in accounting, reporting, and audit prep instead of focusing on production
- Key responsibilities are being handed off to team members without the right expertise
- Legacy systems are slowing you down (and costing more than they should)
- Rapid growth is outpacing your internal infrastructure
- Backlogs are creating risk, delays, and missed opportunities

These aren’t just operational headaches—they’re growth blockers.

If any of these challenges sound familiar, it may be time to step back and ask:
👉 Is your current setup helping you grow or holding you back?

Read the full blog to see where your business stands and what you can do next. https://bit.ly/4a62WoE

06/01/2026

We can't wait to see everyone at Drillers & Dealers TODAY!

If you’ll be attending, be sure to connect with Shannah Goins and Grant Sparks while you’re there — they’d love to say hello and connect with fellow industry professionals.

We’re proud not only to be in attendance but also to be a sponsor this year.

This event continues to bring together leaders across the energy industry while supporting an incredible cause, benefiting Oklahoma Children's Hospital OU Health. We’re honored to be part of an event that creates meaningful connections and makes a real impact in the community.

05/28/2026

Oil & gas doesn’t run on barrels alone — it runs on accounting precision.

Most people see the oil & gas industry as a physical value chain: drill the well, move the product, refine it, sell it.

But behind every barrel is a parallel financial operation just as complex.
From multimillion-dollar drilling programs to fuel sales at the pump, the accounting processes across this industry are not just different; they’re fundamentally distinct financial languages.

In our latest blog, we break down how accounting transforms across the three core sectors of oil and gas: https://na2.hubs.ly/H05rhJd0

05/26/2026

Texas horizontal wells don’t just test drilling programs - they test revenue expertise. 🛢️

In most producing states, forced pooling simplifies ownership and revenue allocation. Texas is different.

When horizontal wells involve unleased mineral owners, division order analysts are forced to operate in the space between statute, survey theory, database limitations, and risk tolerance.

Allocation wells, non-ratified UMIs, survey-based allocation factors, burden group constraints—these aren’t edge cases in Texas. They’re the rule. And yet, many of the toughest DOI decisions analysts make never appear in a title opinion or a software manual.

That’s why technical proficiency alone isn’t enough. Getting Texas horizontal wells right requires substantive land knowledge, an understanding of ownership nuance, and the professional judgment to recognize where policy ends and risk begins.

This blog was written to highlight those realities and to reinforce a simple truth: in Texas, division order work isn’t clerical. It’s analytical, interpretive, and foundational to getting owners paid correctly.

🔗Keep reading here: https://na2.hubs.ly/H05KLXj0

📘 Originally published in the NADOA 2025 Q4 Magazine. Written by Marsha Breazeale, M.Ed., S.M.E..

05/25/2026

We salute our fallen and give thanks for our freedom on this Memorial Day. 🇺🇸🗽

In observance of Memorial Day, our offices will be closed. We will return tomorrow, May 26, to help you with all of your energy accounting and land needs.

05/22/2026

In today’s market, portfolio optimization is moving faster than ever. Whether you’re evaluating upstream assets, renewable investments, midstream infrastructure, or retail operations, successful transactions require more than financial modeling alone.

Energy companies face a unique set of challenges during divestment and acquisition planning, including:

⚡ Aligning transaction strategy with long-term operational goals
⚡ Evaluating asset performance, reserves, and infrastructure risk
⚡ Managing regulatory and compliance considerations
⚡ Integrating data across finance, operations, and commercial teams
⚡ Identifying hidden costs and operational synergies
⚡ Preparing for post-merger integration and transition ex*****on

Without a structured approach, even promising deals can create operational disruption, missed value opportunities, or unexpected risk exposure.

That’s why early-stage analysis and planning are critical. Organizations that invest in thorough due diligence, scenario modeling, and transition readiness are better positioned to maximize deal value and accelerate successful outcomes.

📘 Download the White Paper to learn how your organization can prepare for smarter, more effective energy transactions. 👇
https://na2.hubs.ly/H05GJXH0

05/21/2026

We are looking for an experienced Oil & Gas General Ledger Accountant to join our growing team. 👀👀👀

Our General Ledger Accountants play a critical role in maintaining accurate financial records through the preparation and review of journal entries, account reconciliations, and financial statements. This position supports clients by ensuring general ledger accuracy, analyzing financial activity, and assisting with month-end close and financial reporting processes.

We are looking for a seasoned oil & gas accounting professional with hands-on experience across the full accounting lifecycle, including:
• General Ledger Accounting
• Joint Interest Billing (JIB)
• Revenue Accounting
• Month-End Close
• Financial Reporting
• Account Reconciliations

The ideal candidate will have a strong understanding of oil & gas accounting practices, GAAP principles, and how operational activity impacts the general ledger.

Candidates without direct oil & gas accounting experience will not be considered.

If you thrive in a fast-paced environment, enjoy solving complex accounting challenges, and want to work with a team focused on excellence in the energy industry, we’d love to hear from you.

Our team is full of highly experienced, talented, and dedicated professionals who value inclusion and communication while working within multiple offices and across multiple fields in the energy sector. We’re looking to grow that team with individuals who want to work in a friendly, collaborative environment and will uphold our company’s core values.

👀 Learn more about the position and apply on LinkedIn: https://na2.hubs.ly/H05Hb_B0

05/20/2026

🛢️ If you’ve been in oil & gas operations for any length of time, chances are you’re managing wells with multiple working interest owners. 🛢️

That means you're responsible for tracking and reporting joint account charges — and let’s face it, Joint Interest Billing (JIB) can get complicated fast.

That's why understanding JIB inside and out isn’t optional — it’s essential.

✅ To help you stay on top of your accounting, we’ve created a quick, practical overview that breaks down the JIB process and sets you up for success.

📘 Whether you're new to JIB or just need a refresher, this guide is built to keep your accounting accurate and your stakeholders confident.

Check it out now! 👇
https://na2.hubs.ly/H05DKXB0

Simplify Joint Interest Billing (JIB) in oil and gas operations with this essential guide. Learn how to track joint account charges, avoid common pitfalls, and discover how PetroLedger’s expert team can streamline your JIB accounting for maximum efficiency.

05/18/2026

Maintaining good communication between owners and operators is extremely important, but sometimes it is easier said than done. 📢

That's where our amazing Owner Relations team comes in to help! 🙌

Our team fields all direct inquiries from owners about their accounts, and can then direct them to the correct department, where they will have all of their needs met by our accounting and land professionals.

Learn more now! 👇
https://na2.hubs.ly/H05rhsl0