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Insurance Claims
Make
sure you recover all you are entitled to from your insurance
carrier. Make sure
you get all the necessary information from your operator so you
can file complete claims. MartiCons
has assisted many companies and individuals in filing accurate and
complete claims for property, Builder’s Risk, catastrophe, and
hurricane damages by making sure the claims include all costs
eligible to be included in the claim.
We
thoroughly review internal and external documents and expenses
generated by you as well as the property’s operator, if
applicable, to make sure all costs are
correctly classified and quantified in order to maximize your
recovery.
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Severance
Tax Analysis
Keeping
up with the latest severance tax law changes across many
jurisdictions and states can be almost impossible for companies
and individuals focused on finding and producing oil and gas
reserves. Because we
analyze severance taxes in our revenue reviews, MartiCons keeps up
to date on the latest provisions regarding rates, deductions, and
exemptions allowed.
Let
us assist you in making sure you are taking all deductions and
exemptions allowed, file for past deductions and exemptions
missed, and set up a system to ensure you pay only what you are
legally required to pay.
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Temporary
Staffing
The
experience and professionalism of MartiCons staffers is evident in
the list of special and extended projects for which our staffers have
been utilized.
-
Created
gas balancing statements and ongoing procedures;
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Conducted
internal process reviews.
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Set
up audit exception monitoring systems.
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Implemented
and revised boat and helicopter allocation procedures.
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Conducted
field inventories.
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Helped
clear audit backlogs of open audit exceptions and responses.
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Developed
procedures for ensuring payroll costs are
charged (field personnel as well as engineers and
geologists).
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Reviewed
the types of costs billed, as well as those not billed, to make
sure operators were in compliance with COPAS Accounting Procedures to
ensure that all costs which are chargeable were
billed and those costs which were not chargeable were not
billed to non-operators.
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Gas Balancing
Provisions in gas balancing agreements are as varied as
the number of agreements, and our numerous reviews over many years have allowed
us to gain a unique and extensive understanding of the different
provisions as well as the benefits and challenges of each.
MartiCons is the ideal choice to help you design a system
to monitor your gas imbalances as a non-operator, or help you
design a system to accurately and efficiently account for gas
imbalances when you are an operator.
We
have provided each service for several companies, with ongoing
referrals ensuring that we will continue to be recognized as
industry experts in the specifics and intricacies of gas
balancing.
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