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.
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Automate 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.
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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
By taking care of our Internal control policies and procedures, VJM Team have made sure that experience is hassle free.
Very professional approach from VJM Team, they got associated with us late in the financial year but were able to conduct an in depth audit and highlight the areas to be addressed within a short span of time. What gives us confidence is that they are available for consultation on any financial matter and are quick to find and implement the resolution
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VJM team is a thoroughly professional chartered accountants equipped with all resources and with deep understanding of GST and other contemporary arenas of corporate consultancy. Have interacted with them for various tax and corporate law related matters and found the interaction quite useful.
We are Repaibays Experts LLP. We are a new company and have just started our business in the field of AC charger installation. We have retained M/S VJM & Associates LLP; Chartered Accountants as CA for our company. They have a fairly large sized office and team and the whole environment seems professional and well organised: something which is very critical in this kind of business We wish VJM very well and am sure they are already a name to reckon with in the field of providing professional CA services !
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I hired VJM Associates and now I can completely focus on my business because I know there’s someone who is managing my accounts properly. Their team (including Khushboo and Jayant) are super supportive and friendly. I highly recommend VJM Associates. Give them a try! You won’t be disappointed
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We give full credit to VJM for streamlining our company’s GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail past the initial turbulent period when GST was launched. Our best wishes always with them !
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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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