Revenue Recovery Audits
Are you certain your company is collecting every dollar of revenue it’s owed? YES Energy combines land and technical expertise to compare ownership records against production and revenue data, identifying missed or inaccurate payments before Alberta’s statute of limitations closes the door on recovery.
What We Review
- Accurate Well Revenue Collection — bridging the gap between Land and Accounting on royalty receivables for non-operated wells
- Trespass Issues — identifying and researching potential trespass on Structured Rights and Zonal dispositions
- Road Use Collection — ensuring third-party road use billing is occurring and tracked properly in your land systems
Why Timing Matters
Alberta’s statute of limitation laws mean revenue recovery audits are most effective when done regularly — and are essential at the onset of any A&D activity, before opportunities to recover missed revenue expire.
Frequently Asked Questions
What is a revenue recovery audit?
A revenue recovery audit compares land ownership records against production and revenue data to identify missed or inaccurate royalty payments.
Why does timing matter for revenue recovery audits?
Alberta’s statute of limitation laws mean recovery opportunities expire, so audits are most effective when done regularly and especially at the onset of any A&D activity.
What specific issues do revenue recovery audits catch?
Common findings include inaccurate well revenue collection on non-operated wells, undetected trespass on structured rights or zonal dispositions, and uncollected road use billing.