Creel & Associates
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In today's complex environment of governmental reporting, our team will ensure your reporting meets all required regulations within industry standards. Audits will always be a part of governmental reporting, but you can rely on our expertise to help your company deal with them accordingly. Increasing regulations, division orders and system limitations can complicate the gap between revenue & regulatory accounting.

We find a solution. We can reduce your liabilities by accurately reporting production and sales via customized workbooks that are unique to your inventory of assets. Our Texas team has broad experience navigating the Railroad Commission of Texas, the Texas Comptroller Agency and the General Land Office. Our experienced Federal ONRR Reporting and Compliance team can provide your company with the services that are required to stay compliant with the Office of Natural Resources Revenue.

Our Louisiana team has several years of experience in the oil and gas industry and is fluent with SONRIS, the Office of Mineral Income and the Department of Revenue's websites.
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The Office of Natural Resources Revenue (ONRR) is publishing this proposed rule to amend portions of its regulations for (1).
Disclaimer: The purpose of this article is to make you aware of certain communication from the Railroad Commission of Texas.
Disclaimer: The purpose of this article is to make you aware of certain informational communication from the Louisiana Office of.
House Bill 29 will exempt certain oil and gas wells from paying severance taxes on the product produced for up to two years, depending on the type well.
All Creel & Associates personnel are directed: to act in accordance with the highest standards of personal and professional integrity; to comply with all applicable laws, rules and regulations; and, to deter wrongdoing.
In the performance of our duties and responsibilities, we will engage in and promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships.
We strive to identify and raise potential issues before they lead to problems.
We offer production, severance tax and royalty reporting for the Federal Government, State of Louisiana and the State of Texas.
This can include the preparation and submission of the necessary reports for the previously mentioned services.
We offer support and/or handle Federal & State audits.
This will allow you to focus on the core of your business.
In addition we can conduct a cradle to grave review of your company's production accounting and regulatory accounting processes.
We also assist with Joint Venture audits to ensure your partners are properly preparing the production allocations and royalty and severance tax submissions.
Exploration and production companies are finding that correct reporting is demanded by the ONRR.
Our Federal ONRR Reporting and Compliance team can provide your company with the services that are required to stay compliant with the Office of Natural Resources Revenue (ONRR).
The Federal ONRR is a unit of the United States Department of the Interior and exercises the royalty and revenue management functions that were formerly performed by the Minerals Management Service (MMS).
The Federal ONRR reporting and ONRR compliance mission statement reads, "To collect, disburse and verify Federal and Indian energy, and other natural resource revenues on behalf of all Americans."
The increase in Federal ONRR and State Audits & Compliance activity has made bridging the gap between Federal Revenue Accounting and Regulatory Accounting a more difficult transition.
Our Federal Revenue Accounting and State staff is one of the best trained in the industry to help bridge this gap.
The Federal Revenue Accounting process has become more complex and therefore takes greater critical thinking to work through processes that have been complicated by increasing regulations, marketing arrangements, division orders or your system limitations.
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