Royalty is the payment made to the legal owner of a property, patent, copyrighted work or franchise by those who wish to make use of it for the purposes of generating revenue or other such desirable activities. In most cases, royalties are designed to compensate the owner for the asset's use, and are legally binding. It is often expressed as a percentage of the revenues obtained from the owner’s property.
Managing and tracking royalty by yourself or through your accountant can be time consuming. Many also rely on outdated systems which can’t fit in today’s royalty models and processes. Therefore, it is advisable to outsource your royalty management because it requires in accounting, reporting, taxation, due diligence and complex lease offer evaluation.
BVS is built with professionals that understand the complexities involved with royalty, overriding royalty and mineral management. We serve individuals and institution with basic oil and gas royalty management solutions. We will take out the guesswork that consume most of your time and manage it more effectively than ever through our team of experienced professionals.
BVS will add value to you by managing your royalty more effectively using our basic-based oil and gas royalty management process solutions. We offer first class royalty management to our clients and ensure their satisfaction. We prioritize the needs of our clients and offers sensible and flexible solutions to your royalty management difficulties.
BVS’ team of experienced professionals will work closely with clients to provide solutions that address the royalty management challenges. This includes an insight into the following:
Review of monthly production volumes and prices to ensure maximum income
Timely monitoring of operator remittance
Calculation of outbound royalty payments due to talent, third party content owners and other participants.
Streamline the management of your oil and gas portfolio
Improve efficiency of oil and gas management services
BVS’ team always put you first in everything we do and make sure we provide you with the best solutions that will transform your organization. With us, your interest will receive the attention they deserve.