Oil and Gas Asset Management

Catoico Resource Management LP will provide a customized approach to managing your oil and gas mineral rights and interests. We are dedicated to personally overseeing the daily operations and administration of your interests, providing comprehensive asset management in the oil and gas industry. From oil and gas asset management to gas and oil royalty management, our clients can rely on us for all their needs. Our services include but are not limited to:

  • Receiving and depositing production checks;
  • Monitoring each property for missing and/or suspended production payments, and collecting payments;
  • Reviewing, verifying and signing division orders;
  • Reviewing, verifying and paying appropriate property taxes;
  • Negotiating oil and gas leases, farmouts and joint operating agreements, exploration and production agreements;
  • Collecting lease bonuses and damage payments;
  • Reviewing and executing working interest operating agreement and unit agreements;
  • Reviewing and payment of joint interest billing (JIB) statements on working interest;
  • Satisfying title-curative requirements and issues to ensure proper payment of revenues;
  • Maintaining, securing and storing documents and files;
  • Negotiating the purchase or sale of mineral interests;
  • Reviewing annually all oil and gas properties including comparing income and expenses, production rates and price of oil and gas products, and identifying properties having net losses and determination of cause.