Mineral rights owners typically receive monthly royalty payments when a company extracts oil or gas from wells on their property. The payments usually are a fixed percentage of the market value of the oil or gas or the proceeds from selling it. Disagreements over royalties are common in the energy industry.
In some cases, disputes are honest misunderstandings which can be resolved by an expert eye of an accountant or an attorney. In other cases, and all too frequently, royalty audits can reveal that oil and gas drilling companies are using transactions between affiliated companies, deductions for the costs of transportation, processing and marketing to drive down the amount of royalty mineral owners are entitled to.
The Gelber audit team is led by Herb Warner, who has a CPA and has more than 30 years of experience in auditing energy firms, and includes energy attorneys, engineers, and analysts expert at compiling production and financial data. The team understands royalties and knows how to find underpayments to landowners.
More from Gelber & Associates
Big moves today in the gas markets as January NYMEX is trading near $5.45/MMBtu this morning, surging from yesterday’s $5.06 close and marking the highest prompt-month print since 2022.
The January NYMEX is trading near $4.95/MMBtu after a choppy storage day. The contract pushed above $5.00 early this morning, then slid toward $4.89 on the EIA print before stabilizing and drifting back to the $4.95 handle, all after yesterday’s $4.99 close.
Headlines in energy markets news media have been circulating about a relatively normal winter approaching, however G&A has identified a particular pattern that could mean colder tempera tures in December.
European natural gas storage is in a solid position but behind the exceptional pace of recent years. As of early August, EU storage stands near 70% full, well below the ~90% reached at this time in 2024 and 2023.
According to the National Weather Service, the May‑June‑July temperature outlook favors above normal heat across most of the United States for this upcoming summer.
