Woolery Advisory Group LLC was formed in July 2023 to provide regulatory compliance and reporting services to the oil and gas industry. Woolery specializes in an array regulatory services for a wide spectrum of oil and gas companies, including Operators and Non-Operators owning onshore and offshore assets.
Woolery seeks to deliver premier services in the areas we serve. This is done by attracting and retaining the highest quality professionals, implementing a continuous training environment, and adapting to each clients’ unique scenario and objectives while providing clear communication along the way. Woolery provides a vast range of regulatory and compliance services for Operators and Non-Operator’s owning state, Federal, and Indian leases including:
- Federal ONRR Reporting Services:
- 2014 Royalty Reporting
- Oil & Gas Operations Reports (OGOR)/Production Reporting
- Unbundling of oil and gas transportation and processing costs
- Non-arms-length valuation of Residue and NGLs under 30 CFR 1206.142
- Indian oil valuation under new Indian Oil Valuation regulations
- Compliance with the 2017 ONRR valuation Rules
- ONRR audit and compliance preparation and reporting
- Data mining requests
- Act as liaison between company and regulatory agency
- Regulatory compliance review before Federal or State audits
- State Reporting Services:
- Royalty reporting
- Production reporting
- Severance, conservation, and gross production tax reporting
- Severance tax credit and exemption recovery services
- Audit & compliance preparation and reporting
- Related Regulatory Services:
- Revenue accounting review
- Revenue workbook and allocation creation
- Federal lease interest analysis
- Production Accounting
- Gas Plant Accounting
Woolery is not a certified public accounting firm and does not offer legal advice.
