With the experience Mr. Hugo gained working for Devon Energy he has developed an in-depth understanding of the oil and gas industry. Mr. Hugo has experience in the accounting and tax treatment of everything from geological and geophysical costs to lease operating expenses and everything in between.
Sean M. Hugo, CPA, PC can handle your joint interest billing and revenue disbursements for you. Our client's just email or fax us the revenue checks and monthly bills and we prepare the joint interest billing and revenue disbursements. We also provide our clients the ability to log-on to our server so they can actually print the revenue checks to disburse along with the joint interest billings.
Additionally, we are experienced in working with the MMS and state taxing authorities. We have handled everything from waterfloods to multiple well joint ventures.
In addition to doing the day to day accounting for oil and gas operators we also provide severance and sales tax review services. Since 2001 we have recovered over $20 million in severance and sales tax refunds for our clients. We provide our severance and sales tax review services on a contingency fee basis so there is no fee unless we are able to obtain a refund.
If you would like more information on how Sean M. Hugo, CPA, PC can help your oil and gas company please feel free to contact our office at 405-759-2796.