shutterstock_1528404953 Green.png

Joint Venture Audit

What We Do.

 

Energy companies in North America and internationally can benefit from the joint venture, vendor compliance and internal auditing services provided by JVSA.

Our experienced auditors can help with:

A Manager presenting data and analytics to a conference room with a Director, an Associate and Senior Associate.
  • Capital expenditures

  • Operating expenses

  • Production

  • Revenue

  • Royalties

  • Equalizations and 13th-month adjustments

  • Service fees and fee income

  • Gas plant allocation and measurement

  • Gulf of Mexico

  • Offshore – Other North America and International

  • Construction projects

  • Chemical Plants

  • Pipeline construction

  • Change of Operator

  • Vendor Audit and Compliance

  • International Auditing

The above list contains the most common areas we have encountered. If you require assistance with something that does not appear here, please don't hesitate to contact us. We will be glad to provide you with a solution that works for you.

What Clients Say About Us.

Having worked with the JVSA team in recent years, I cannot recommend their group enough. I was highly impressed by every auditor assigned to our case to know the specialized joint venture agreements and requirements within, seemingly better than our operator. I also appreciated how they approached communication with our company when going through our first JV audit. They helped us understand their processes first but also gave us insight into the challenges and resistance that could be faced by the operator. In knowing where challenges could be faced before engaging in the audit, we were able to tailor our communication that best served all parties involved. In my line of work on the financial reporting side, it is uncommon to ever “enjoy working with auditors,” but whenever those are highly qualified auditors working on your behalf, like the JVSA team, it does become the reality.