VJM Global provides specialized CPA services for US oil and gas operators, ensuring IRS compliance, GAAP-aligned financials, and state-specific severance tax reporting. Our team navigates complex US energy accounting standards so you can focus on production, with client retention across all states.
Get a Free ConsultationAutomate US-specific JIB workflows with AFE tracking, COPAS compliance, and state-by-state partner allocations. Our system ensures audit-ready records for onshore/shale operations, reducing disputes under US GAAP standards.
Accurate US royalty calculations (including 1099-MISC/INT reporting), lease operating expenses, and revenue distributions compliant with Texas RRC, North Dakota DMR, and other state agency requirements.
Specializing in severance tax filings (Form 1099, W-9s), Subchapter K partnerships, and IRS Section 199A deductions. We operate across all producing states like Texas, Oklahoma, and more.
Track drilling/completion costs against AFEs with US GAAP-compliant coding. Our dashboards align with Texas Railroad Commission and API benchmarks for capital expenditure tracking.
From Permian Basin independents to Gulf Coast majors, we handle US-specific month-end closes, SOX controls, and high-volume transaction processing for E&P companies.
Optimize EPA financial assurance rules, Texas RRC bonding requirements, and asset retirement obligations (AROs) under FASB ASC 410-20. We help your books reflect CERCLA and state-specific cleanup liabilities.
The EAI International is a globally recognized group of qualified and independent accounting and tax firms, serving clients internationally. Most importantly, an EAI member can be entrusted with transparency, ethics and professionalism in the delivery of work.
Our team is trained in US GAAP and FASB standards for the oil and gas industry. We handle complex accounting tasks, including JIB audits, revenue recognition, and tax compliance, ensuring accuracy for both onshore and offshore operations.
From federal income tax (including depletion allowances) to multi-state severance tax filings, we make sure your books meet IRS and BOE requirements. We also manage 1099s for royalty owners and partners to avoid penalties.
Replace expensive in-house teams with our scalable US-based CPAs. We reduce overhead while providing real-time financial insights, AFE tracking, and month-end closes tailored to your production volume.
Your financial information is protected with encrypted systems, access controls, and SOC 2-compliant protocols. We adhere to API and PCAOB standards for handling sensitive data, such as lease agreements and partner payouts.
Beyond compliance, we analyze drilling costs, cash flow trends, and ROI per well, helping you optimize CAPEX decisions and investor reporting.
Get a single point of contact fluent in oil and gas accounting. We’re available to handle urgent JIB disputes, tax notices, or audit preparation, ensuring your operations remain uninterrupted.
Outsource your oil and gas accounting with confidence. We handle the complex financial workflows, allowing you to focus on production and growth. Here’s how our specialized accounting service works:
Book an Appointment NowWe begin with a comprehensive review of your operations. Whether you're an E&P company, midstream operator, or oilfield services provider, you can start today. Share details about your JIB structure, revenue streams, tax challenges, and reporting requirements.
Step 3: Scale with Your Growth
As your operations expand, we adjust our support to accommodate new well sites, manage multi-state tax filings, and prepare for audits. Your dedicated CPA ensures continuous compliance and financial clarity.
What our clients say about us
Outsourcing reduces overhead while providing specialized expertise in JIB, revenue distribution, and tax compliance. Our team ensures accurate, audit-ready financials so you can focus on operations and growth.
Yes, we automate JIB processes for E&P companies, tracking partner expenditures, cost allocations, and working interests while maintaining compliance with COPAS guidelines and GAAP standards.
Our team files severance taxes across all producing states, monitors rate changes, and confirms proper deductions (like transportation allowances). We prevent penalties with accurate, timely submissions.
Most transitions take 2-4 weeks. We prioritize data migration, software integration, and workflow setup with minimal disruption to your team.
Reduce compliance risks and streamline financial operations with our specialized oil and gas accounting team. Our offshore audit team provides U.S. CPA firms with seamless peak-season staffing, delivering cost savings on tax preparation, financial audits, and compliance work. Partner with CPAs who understand the energy sector's unique challenges.
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