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Maximize Profitability and Reduce Taxes with Shiv Om's Expert Services

Discover how Shiv Om can help you enhance your profitability without extra costs through a series of tax incentives and exemptions. Our services include the reduction of severance tax liabilities, royalty burdens, and monthly PPC calculations. Utilizing our state-of-the-art software, we can access essential revenue and production data from the RRC. We specialize in valuable tax incentive projects, including various exemptions for inactive wells and co-production scenarios. Our commitment to confidentiality ensures your data remains secure. Experience substantial refunds and reduced future liabilities with us.

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Maximize Profitability and Reduce Taxes with Shiv Om's Expert Services

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Presentation Transcript

  1. Services Offered Increased Profitability at No Cost • Reduction of Severance Tax Liabilities • Reduction of Royalty Burden • Monthly Calculation of PPC • Tax Exemption Refund Calculation

  2. Tax Incentives RRC Rule 101 Tax Incentive Project • Types of Incentive Projects: • High Cost Gas Exemption • Two Year Inactive Well Exemption • Three Year Inactive Well Exemption • Co-Production Well Exemption • Incremental Production Well Exemption (EOR)

  3. Tax Incentive Project • The Shiv Om Advantage • In house, state of the art, designed software allows us to access state revenue and RRC production data • Ability to extract all lease production data by producer by field • Ability to extract revenue reported to State by producer as far back as 1989

  4. Project Benefits • Substantial refund • Reduce future tax liability • Increase economic reserves • Increase selling value • Extend payout for Type 5 wells

  5. Confidentiality • Confidentiality is a part of our agreement with the client • Upon termination of contract, all data is purged from our system

  6. Why Shiv Om ??? Additional benefits !!! • All videotapes belong to client • All flow diagrams belong to client & • Shiv Om provides free training to client • Shiv Om shares legal expense Only Shiv Om provides above services !!

  7. States Serviced States serviced by Shiv Om

  8. Our Clients • Amoco Production Company (now BP America) • Anadarko Petroleum Corporation • Atlantic Richfield Company (now BP America) • BP America • Burlington Resources (now ConocoPhillips) • Chesapeake Operating, Inc. • Chevron, Inc. • Conoco, Inc. (now ConocoPhillips) • Exxon Corporation (now Exxon Mobil Corporation) • Four Star Oil & Gas Company (now Chevron) • Hess Corporation • Hilcorp Energy Company • Kerr-McGee Corporation (now Anadarko) • Mobil E & P Company (now Exxon Mobil Corporation) • Oxy Permian Ltd. • Penn Resources, Inc. • Phillips Corporation (now ConocoPhillips) • Pure Resources, Inc. (now Chevron) • Shell Western E&P Inc. • Texaco, Inc. (now Chevron) • Triad Energy Corporation • Union Oil Company of California (now Chevron)

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