Aries Energy LLC Home

 

Aries Operating LP is  an oil and gas operating company. The company operates all of its own wells and operates wells for others on contract basis.  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, Michigan 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.
 
  • Title opinion and due diligence.

  • Compliance with state regulations.

  • Division orders.

  • Litigation support.

  • Land record maintenance.

 

Aries Energy LLC · 1301 McKinney, Suite 3350 · Houston, Texas 77010
713-759-1981 (Tel) · 713-759-0360 (Fax) · e-mail: rhollo@aries-operating.com