Welcome to the inVestor Oil and Gas Accounting System (VOGAS) portion of the Oil
and Gas Data Site.
VOGAS is a user-friendly oil and gas accounting software system which was
developed for interest owners and investors with numerous oil and gas properties. The
oil and gas investor software, which is an abbreviated system without the
accounting function, is configured for those with fewer properties. With the full
accounting function, the owner/investor can verify the income or billed expense
amounts from operators and producers; record these amounts in the property history;
and produce Income Statements (Profit and Loss), and Balance Sheets showing assets
and liabilities. The abbreviated system, even without the accounting function, still
provides ample property history information that is needed for taxes and property
analysis.
The system will operate in most window environments including powerful servers.
The Microsoft SQL database will accommodate both a single PC user or a network system
with thousands of leases.
What sets VOGAS apart are the options for entering information which are: (1) CDEX
electronic revenue which provides the revenue or expense (future feature) line item
entry and/or totals by property/lease for review against check information; (2) a screen that
functions as a ten-key calculator to summarizes revenue by property/lease and computes
the interest owner amounts; and (3) a traditional method for entering line item
revenue and expense amounts.
Some other VOGAS features are: (1) three methods for entering revenue; (2) a traditional
method for entering expenses with a future XML/CSV feature; (3) a database with lease
information such as legal description, state, county, type ownership, etc; (4) a lease
history by month and year for important fields such as oil and gas income, production
tax, deductions, operating expense, leasehold, and etc; (5) an accounting
system for
oil and gas related entries and traditional journal entries with multiple
accounting periods and multiple entities (companies, partnerships) with roll-up into one
company.
For information on how VOGAS can help you, click Contact in the menu.