MetroSoft SOGAS

Oil and Gas Accounting Software

Lease Operating Statements

 

 


  • No data entry required because the LOS uses expense, income, sales and production information already in the system
  • Monthly report provides information regarding any particular property
  • Reports available by both production and accounting month format
  • Ability to aggregate property information at different levels
  • Reports display both gross and company net amounts if desired
  • Excellent tool for completing regulatory filings
  • A twelve month spread of information shown on statements for cost comparisons
  • Ability to review profit/loss by property
  • System handles non-operated as well as operated leases
  • Excellent tool for tracking expenses, income and investment for properties
  • All detail maintained in history file
  • Summary profitability report available by property
  • Payout tracked at the property level or at all aggregated levels
  • Year-to-date and Inception-to-date information also provided

 

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