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Aries Operating LP is an oil and gas
operating company. The company operations cover the full range
of operating activities including production, drilling, accounting and land
activities. Aries operates in the Permian Basin, Mid-Continent, Kansas,
Colorado, Louisiana and the Gulf Coast.
Production Engineering
- Production - The company seeks to maximize well
productivity by stimulation, recompletions, and general well maintenance.
- Reservoir and production studies to determine
maximum well productivity.
- Drilling - AFE design, drilling and well
supervision.
Oil and Gas Accounting
- Revenue - revenue distribution (working, royalty
owners, NPI and others), A/P management.
- Expense - Joint Interest Billing, A/R
management.
- Financial Statements - applying oil and gas
standards (GAAP), the company generates balance sheets, income statements
and other financial statements for investors and clients.
- OGSYS is used as the basic accounting software.
- Management of bank relations, hedges and other
debt instruments.
- Cash flow projections and monitoring.
Land
- Title opinion and due diligence.
- Compliance with state regulations.
- Division orders.
- Litigation support.
- Land record maintenance.
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