
Valor Blog
Welcome to the Valor Blog where we strive to provide you with both the basics and the latest insights in the oil and gas industry. Whether you are a seasoned industry professional or just getting started, our blog page is designed to provide you with the information you need to succeed. From exploring the benefits of mineral management solutions and operator outsourcing, to the latest in oil and gas technology, we cover a wide range of topics that are relevant and timely.
Recent Posts
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JIB and accounting outsourcing benefits
For oil and gas companies, managing revenue accounting can be a complex and time-consuming task. From tracking production and sales to calculating royalties and taxes, there are many aspects of revenue accounting that require expertise and attention to detail. That’s why many oil and gas companies and individuals are turning to outsourcing as a solution […] READ MORE
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How ad valorem taxes impact mineral owners
Ad valorem taxes are a type of tax that is levied on the value of a product or property. This tax is calculated as a percentage of the assessed value of the item being taxed. Ad valorem taxes are commonly used to raise revenue for local governments and are typically based on the value of […] READ MORE
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The Life Cycle of a Barrel of Oil {Infographic}
Oil is an integral part of our daily lives, however, getting the end products we use on a daily basis doesn’t happen overnight. Here we take a look at the life cycle of a barrel of oil. From underground reservoirs to refineries to the products we use daily, oil is a key component in making […] READ MORE
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What is Joint Interest Billing (JIB) in oil and gas accounting?
Joint Interest Billing (JIB) is an accounting system that is unique to the oil and gas industry. Due to the complex nature of this industry, it’s common for multiple parties to invest in a single drilling project. Each shareholder in the joint venture has distinct privileges and obligations. A JIB statement is used to allocate […] READ MORE
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Benefits of utilizing a mineral management platform
If you own mineral rights, you know the importance of efficiently managing your assets. The oil and gas industry can be complex and time-consuming, and without proper organization, it can be easy to miss out on valuable opportunities. That’s where a mineral management platform comes in. Here are some of the benefits of using an […] READ MORE
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Tax preparation tips for mineral owners and managers
If you’re a mineral or royalty owner, tax preparation can be a complex and challenging process. But with the right strategies and team in place, you can make tax season much easier to manage. In this blog post, we’ll provide some tax preparation tips for mineral and royalty owners, and discuss how partnering with a […] READ MORE