WGA works with producers, operators, processors, royalty owners and working interest owners on first sale and midstream issues.  The firm is especially well equipped to provide consulting expertise in specific business projects where there is a one-time or ongoing need to research, compile and analyze lease, field, plant or similar sales and production data to address valuation and accounting issues.

Markets and Prices – WGA locates and compiles pricing data; identifies, locates and analyzes buyers and sellers; analyzes index mechanisms, market values, market rates and histories. Read more

Sales Accounting – WGA conducts royalty, joint interest, gas plant, sales, balancing and revenue analysis projects of all types.  This includes the compilation and analysis of all types of accounting records.  WGA can conduct and respond to audits of joint interest, royalty, sales and other oil and gas revenue accounting processes and procedures.  WGA can design and perform data collection, sampling, and analytical studies from a multitude of voluminous industry records.

Regulatory Compliance – WGA assists or serves as an outsource for compliance with all types of agency regulations and reporting requirements for field and utility operations including State Royalty, MMS, and State regulatory authority reporting.  WGA represents clients in Administrative hearings related to the General Land Office, Minerals Management Service and State Royalty programs, as well as the Railroad Commission of Texas and other jurisdictional agencies in other states.  Let us know your needs and we will design and implement reporting systems and procedures that will satisfy your reporting requirements without burdening your staff or your budget.

WGA applies its research and data capabilities with in-depth knowledge of oil and natural gas regulation and market history.  Experience built on the Natural Gas Act, the Natural Gas Policy Act, The Wellhead Decontrol Act, The Cox Act and the Gas Utility Regulatory Act is supplemented with detailed knowledge of FERC Orders, CFR Title 18 Regulations, the NARUC Uniform System of Accounts, Statewide Rules, Special Rules of Practice and Procedure and Substantive Rules of the Texas Railroad Commission, and the range of State Regulatory, Royalty and Tax Agencies.

Contracts - WGA solicits, negotiates and drafts sales contracts, gathering agreements, processing agreements or other transfer agreements for oil, natural gas and natural gas liquids.  WGA assists clients in the organization and administration of complex contract files.  WGA evaluates contracts for compliance, market responsiveness and value related issues.

Oil and Gas Marketing - WGA works on an hourly fee basis to develop market contacts, issue requests for bids, evaluate sales economics, negotiate agreement terms and administer sales agreements.