Purchase oil or condensate at the well head, arrange transportation, assist in preparation of the Authorizations to Transport Forms (P4), generate Run Statement Reports, prepare and send out Division of Interest for revenue disbursements, pay severance taxes, maintain related data base records.
Truth Resources, as a First Purchaser of crude oil and/or gas, will arrange the transportation necessary to deliver your production to the best market. Our back office support staff goes out of their way to meet our customer’s needs. We provide all First Purchaser Services including:
Transportation Authorizations to Transport Pipeline nominations and scheduling Division Orders Revenue Distributions Gas Disbursements Severance Tax