Since 1988, USDataLibrary has been providing State of Texas marketing intelligence software to the oil and gas industry. The USDataLibrary.com software has been designed specifically for the marketing and tax departments in the energy industry. USDataLibrary.com provides the technological solution for the energy industry in contract negotiations, wellhead price confirmations, tax preparations, and regulatory filing confirmations.

Energy Marketing

Unique to the industry, USDataLibrary.com combines multiple data sources into a single report and query format with the inclusion of Texas RRC data, Texas Comptroller data, Nymex crude oil and natural gas Futures, as well as crude oil purchaser WTI postings. The strategic advantage by using the USDataLibrary.com software and data allows the user instant access to index comparisons, as well as wellhead comparisons of multiple leases and their prices, in a single report format. No longer will a USDataLibrary.com user need to maintain separate WTI posting records or Nymex benchmark prices. USDataLibrary.com maintains these for the user, thus reducing the user’s valuable research time.

Ad Valorem Tax

USDataLibrary.com is a tool by which to assure accurate Texas Ad Valorem taxation at fair market pricing. A USDataLibrary.com report is one tool by which a Royalty Owner or a Working Interest Owner can use to verify or contest Ad Valorem valuations on mineral interests. At the touch of the mouse, USDataLibrary.com produces an annual sales report for each lease in Texas which can be used in the analysis of taxation pursuant to the Texas Property Tax Code Sec. 23.175. Oil and Gas Interest. No longer will tax preparers need to assimilate internal pricing data and external comparison data. The USDataLibrary.com report produces the annual pricing data required for annual Ad Valorem tax preparations and can be used as one component of those required for annual tax evaluations.

Severance Tax

The USDataLibrary.com software produces check reports utilized by Texas Severance Tax departments for verification of filings and accuracy of filings with the Texas Comptroller. The expense of overpayment of taxes is a critical strategic issue that must be addressed by every energy company. USDataLibrary.com software is one tool to address this strategic issue.

Crude Oil Posting Bulletin Library

USDataLibrary.com maintains the Crude Oil Posting Bulletin Library dating back to the 1950s. This the largest and most comprehensive historical Crude Oil Posting Bulletin Library available for research to the energy industry. The Library includes records from as far back as 1958 and includes prices from 106 different companies. The Crude Oil Bulletin Posting Library includes oil bulletins for such unique oil pricing from the 1970s as Lower Tier Oil, High Tier Oil, Stripper Oil, and other historical crude pricing parameters.