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JOY KELLY 309 McCue Road Apt# 18 w Houston, TX 77056 w (C):987-654-3210Email:
joykelly2@sbcglobal.net
Summary of Qualifications
Oil and gas energy industry
experience with expertise in gas revenue accounting, gas marketing, gas
pipelines, gas storage, gas processing plants, gas gathering systems, ngl
revenue accounting, joint interest accounting and gas plant accounting.
Analytical decision maker with excellent problem-solving skills. Recognized for
ability to think independently, for individual and team productivity.
Experience
J-W ENERGY COMPANY Longview,
Texas
Senior Gas Accountant - J-W Gathering Co.
& J-W Pipeline Co. Aug
2004 to Jan 2011
w Responsible for Cohort
Energy's monthly revenue accounting and revenue distribution of $30.5M per
month for 355 wells in Denton, Wise, Johnson, Smith & Hill counties using
Enertia software.
w Prepare Denton Creek
Gathering System allocation, producer settlements, monthly revenue distribution
to Cohort Energy W.I. & royalty owners, and monthly income statement.
w Prepare Sweetwater Gas
Plant allocation, producer revenue settlements, invoice NGL liquid sales to
Alliances Gas Products, residue gas sales to
Energy Transfer Fuel, compressor fuel sales to Devon Energy, residue gas
sales to New Mexico Natural Gas, producer and plant imbalance statements,
monthly revenue distribution to Cohort Energy W.I. & royalty owners and
monthly plant income statements.
w Prepare Grandview
Gathering System allocation, Cohort Energy revenue distribution to W.I. &
royalty owners & monthly income statement.
w Prepare Angel Hill
Gathering System allocation, Cohort Energy revenue distribution to W.I. &
royalty owners & monthly income statement.
w Prepare Tyler Gas Plant
allocation, producer settlements, NGL sales and monthly revenue distribution to
Cohort Energy.
w Prepare Maynard
Gathering System allocation, revenue distribution and monthly income statement.
w Prepare monthly Texas
Severance Taxes and submit for payment.
w Prepare & submit
Texas Railroad Commission Monthly PR Reports.
w Prepare Texas RRC
Monthly Report for Gas Processing Plants and DOE EIA-816 Monthly Natural Gas
Plant Liquids Reports.
w Prepare and submit DOE
EIA 64-A Annual Report of Origin of Natural Gas Liquids Production.
w Prepare and invoice
producers and shippers for various gathering, processing and treating fees and
record entries in the general ledger.
w Provide meter
statements, gas settlement statements and answer all producer/purchaser
inquiries and questions.
w Prepare monthly,
quarterly and annual internal financial statements and reporting packages.
Accomplishments...implemented the use of Merrick Systems for four gas gathering
systems and two gas processing plant allocations.
HUNT OIL COMPANY Dallas,
Texas
Senior Gas Revenue Accountant - Contract
Consultant Atlas Project July
2002 to Aug 2004
w Responsible for recording revenues on
operated & non-operated onshore properties and gas plants in Texas using
Artesia accounting system.
w Record Fairway Plant, Moore Station and
Sandtrap revenues on percent of proceeds properties.
w Record the Nustar J.V. Benedum and Wilshire
Plants revenues on Hunt Oil owned properties.
w Record high level revenue accruals of
approx. $10.5M per month.
w Responsible for reconciling related
accounts receivable, owner payables, transportation payables, and assigned
balance sheet accounts.
w Analyze and reconcile G/L pipeline
imbalances and proper imbalances with actual pipeline statements and gas
balancing statements.
w Analyze volumes and prices and report
findings to management.
w Explanation and analysis of any owner
inquiries related to owner payments.
w Responsible for analyzing and explaining
estimate to actual variances and prior period adjustments.
w Payment of state royalties in Texas,
Louisiana, Alabama, Oklahoma, Montana and New Mexico.
w Prepared MMS OGOR report for State of New
Mexico and monthly state production reporting.
w Use Artesia Data for monthly revenue accounting
distribution and royalty settlements to W.I. and R.I. owners.
w Prepare monthly account reconciliation’s
for all related revenue distribution transactions.
w Analysis and explanation of all owner
related inquiries related to owners revenue settlements.
Accomplishments...identified and
recouped 15 months of state royalty producer over payments to GLO &
University of Texas Lands System.
COAST ENERGY GROUP Houston,
Texas
Senior Business Analyst - Gas Processing
& Business Development Jan
2000 to June 2002
w Evaluation of gas processing markets and
the supply/demand fundamentals in markets including establishment of necessary
databases and supply modeling.
w Duties included the scheduling of producers
PTR/PVR on ANR, Columbia, HIOS, Transco and Tennessee Pipelines.
w Analysis & scheduling of Transco P/L
daily receipt nominations versus delivery volumes.
w Preparation of invoices and settlement
statements to producers for gas processed at ten gas processing plants - (Cow
Island, Calumet, Grand Chenier, Eunice, Patterson, Pelican, Yscloskey, Cameron
Meadows, Bluewater and Toca Plants.)
w Prepared month end JE's and monthly gross
margin for gas processing and the Toca Plant ownership business units.
w Prepared marketing invoices and remittance
statements for Denver gas marketing group.
w Prepared monthly closing JE's and gross
margin estimate for marketing business unit.
w Reconcile pipeline imbalances,
actualization of nominated volumes.
w Assist volume accounting with volume
discrepancies.
Accomplishments...identified and recouped 12 months of pipeline imbalances from
producers.
CORPUS CHRISTI NATURAL GAS CO. - a
subsidiary of Tejas Gas & Shell Pipeline Corp. Houston,
Texas
Senior Gas Marketing Accountant Dec
1995 to Jan 2000
w Preparation of Altra's GMS 4.1 marketing
invoices and remittance statements for 3rd party on & off system purchases
and sales by CCGM, National Energy & Trade, LLC (agent for CCGM) and the
Dallas northeast marketing group.
w Preparation of Gregory Gas Plant
allocation, State of Texas severance tax report, invoice monthly NGL sales and
monthly residue gas sales.
w Prepared Gregory plant gross margin
statement & revenue and cost of sales JE estimate.
w Marketing accounts receivable collections
and reconciliations, accounts payable settlements & reconciliations.
w Prepare transportation invoices and
remittances for HPL, Lonestar and Tufco pipelines.
w Worked extensively with contract
administration, gas marketers, traders, scheduling and transportation on issues
concerning monthly term and spot marketing gas deals.
Accomplishments...collected over $2 million in outstanding A/R dating back to
January 1997.
NUSTAR JOINT VENTURE - a Nuevo Liquids &
TriStar Gas J.V. Houston,
Texas
Senior Gas Plant Accountant - Benedum &
Wilshire Gas Plants 1995
to 1996
w Responsible for the monthly preparation of
the Benedum Plant and Wilshire Gas Plant Allocations.
w Prepared producers revenue settlements,
capital & expense AFE's, fixed assets analysis & inventory, gas
balancing, accounts payable, monthly joint interest billing statements to plant
owners and monthly State of Texas severance tax reports.
w Invoice NGL sales. 3rd party gas sales on
EPNG and NNG P/L.
w Gas purchases, billing statements. G/L
account analysis & reconciliation.
w Financial statement preparation for a $25
million annual joint venture in Reagan & Upton County, Texas.
Accomplishments...implemented use of plant allocation system from spreadsheets.
AMERICAN OIL & GAS CORP. - a
subsidiary of KN Energy Inc. Houston,
Texas
Senior Gas Marketing Accountant 1994
to 1995
w Responsibilities include the preparation of
KN Marketing, L.P. (formerly Anthem Energy) spot market gas sales of approx.
$7.5 million per month.
w Westar Transmission Co. transportation
invoicing of approx. $575,000 per month including intercompany, third party
billings and gas sales invoices on American P/L. Additional duties include
special projects for the Assistant Controller. Monthly weighted average sales
price calculations for spot market sales.
w Settle monthly on system and off system gas
purchases, calculate volume/price adjustments, prepare plant allocations,
purchase accrual entries, reconciliation of gas purchases to detail volumetric
purchase statements.
w Calculation of monthly weighted average
cost of gas for Westar Transmission Co., an intrastate gas utility, and Anthem
Energy Co., L.P.
w Reconciliation of wacog to AOG consolidated
monthly financial statements.
w Worked with contract administration on
monthly purchases and sales, the release of producer/purchaser suspense
payments. Participated in the monthly
cash flow requirements meetings.
w Settlement of monthly royalties to UT Board
of Regents and Texas General Land Office for a $539 million per year gas
gathering, gas processing, gas storage & transportation, natural gas and
NGL marketing company.
Accomplishments...resolved over $3 million in disputed balances with several major
purchases dating back to 1989.
DORCHESTER GAS CORPORATION Houston,
Texas
Gas Plant Accounting Supervisor - Dorchester
Gas Processing Co. June
1982 to Dec 1994
w Supervised a staff of 4 accountants in the
monthly preparation of seven gas plant allocations, journal voucher entries,
accounts payable and receivable reconciliation, joint interest billing
statements to Sterling & Woodlawn plant owners, monthly State of Texas
severance tax reports, monthly plant income statements for a $1 billion per
year gas processing, exploration & producing and NGL liquids terminal
company.
w Special duties included the training of
staff, directing system analyst in the design and implementation of a complete
gas plant allocation system for seven operated gas processing plants and three
outside operated plants. (Sterling, Woodlawn, Cargray, Ho
er, Texon, Canadian
and Nueces Plants)
w Assisted the Vice President of Production
in the preparation of the gas reserve study for the Annual Report to
Stockholders and 10K Report with the net NGL barrels of production for all nine
gas plants.
w Prepared the Annual Certificates of
Compliance and Annual Application for Pipeline Permits in the State of Texas
for four subsidiary companies, including the detailed gathering system maps for
all six operated gas plants.
Accomplishments...developed completely automated gas plant allocation systems for
7 gas processing plants which resulted in recouping over $1 million in producer
payments.
Education
University of Houston Houston,
Texas
Bachelor of Science Degree in Accounting and
Finance
Technical Summary
Expertise use includes software
applications of WolfPak, Bolo, Merrick Systems, Enertia Software, Altra's GMS
4.1, Windows XP Professional, Microsoft Office XP 2002, AS400/ARTESIA
Accounting, HORIZON Accounting, Excel, Word, PowerPoint, Lotus, Great Plains
Accounting, Oracle, Lawson Accounting , Platinum Accounting software and gas
plant economic modeling programs.
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