|
-
perform decline curve analysis, gas material balance calculations, and
discounted cash flow (DCF) analysis on properties in Texas, Kansas,
California, Utah, and other states which utilize DCF valuation methods (for
quick tour, click here);
-
prepare Oil and Gas Renditions for properties in Kansas using the Kansas
Oil and Gas Appraisal Guide method. softPetroleum AppraiserÔ
also supports DCF valuation for Kansas properties (for quick tour, click
here);
-
perform gas material balance reserves calculations for states, such as
Kansas, that use in-place reserves valuation (in-place reserves per unit
value established based on comparable reserves sales in the area) as an
alternative method of valuation.
-
prepare for and negotiate property value in states such as Texas,
Utah, and Nebraska that settle values on a property by property basis;
-
generate state-specific property tax reporting documents such as the Utah
Oil & Gas Questionnaire, Kansas Oil Assessment Rendition, Kansas Gas
Assessment Rendition, etc.;
-
generate division of interest statements to submit along with property tax
renditions; and
-
calculate property tax amounts for properties at the owner and overall
property level. Individual taxes can be calculated for each taxing
jurisdiction that the property is part of. Tract level valuation and tax
calculation can be performed for large units/leases if needed.
-
Can be used in conjunction with softPetroleum Data ScoutÔ
which extracts data used by softPetroleum AppraiserÔ
such as production, land, revenue, and expense information from customer’s
various internal systems and converts/loads it into a softPetroleum
EnterpriseÔ data layer.
-
Directly links to softProperty Tax ManagerÔ
, PSC’s general property tax administration software which is used for
rendering properties, making tax payments, and allocating payments back to
properties for accounting functions like joint interest billing.
|
