Job Description
ROLE AND RESPONSIBILITIES
The Production Accountant is responsible for the accurate recording, allocation, reconciliation, and reporting of oil, gas, and water production volumes. This role serves as a key liaison between Production Operations, Revenue Accounting, Marketing, Engineering, and Measurement teams to ensure the integrity of production data and compliance with state and federal reporting requirements.
JOB DUTIES
Production Accounting & Reporting
• Process and maintain daily and monthly oil, gas, and water production volumes.
• Set up and maintain wells, facilities, and production reporting structures within production accounting systems.
• Develop and maintain complex production allocation networks to accurately distribute production volumes.
• Upload, validate, and maintain production data within production accounting software.
• Prepare and distribute production reports for Accounting, Operations, Marketing, and Management.
Analysis & Reconciliation
• Analyze, reconcile, and validate production data to identify and resolve volumetric discrepancies.
• Monitor and investigate variances between field production reports, purchaser statements, run tickets, and internal production systems.
• Coordinate with field personnel and production operations teams to resolve reporting issues and improve data accuracy.
Accounting Support
• Support monthly accounting close processes by providing production data for accruals, revenue distribution, and cost allocations.
Regulatory Compliance
• Prepare and submit required state and federal regulatory reports, including filings with agencies such as the Texas Railroad Commission, New Mexico Oil Conservation Division, and the Office of Natural Resources Revenue (ONRR).
• Ensure compliance with company policies and regulatory reporting requirements.
Projects & Asset Integration
• Assist with special projects, acquisitions, divestitures, and integration of new assets as needed.
SKILLS
• Strong understanding of upstream oil and gas operations, production reporting, and allocation methodologies.
• Advanced Excel skills and strong analytical abilities.
• Knowledge of regulatory reporting requirements for state and federal agencies.
• Excellent organizational, communication, and problem-solving skills.
• Ability to manage multiple priorities and meet strict reporting deadlines.
QUALIFICATIONS AND EDUCATION
• Bachelor's degree in Accounting, Finance, Energy Management, or related field preferred.
• Oil and gas production accounting experience.
PREFERRED QUALIFICATIONS
• Experience with production accounting software such as ODP/Quorum, Field Insights, Scout, ProCount, or similar systems.
• Production accounting software implementations.
ADDITIONAL NOTES
This description outlines the core responsibilities of the role but is not exhaustive. Supervisors may set additional goals aligned with PetroLedger Company values
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