- This event has passed.
Crude Calculations: Navigating Compliance in Unclaimed Property for Oil & Gas
August 27, 2025 @ 2:00 pm – 3:00 pm EDT
Oil and gas organizations face many complex state and local requirements. Among these, unclaimed property reporting obligations are frequently misunderstood. The most significant unclaimed property issue for E&P companies is the reporting of royalty payments. The industry is witnessing an increase in False Claims Act cases involving royalty payment escheat compliance, and other unclaimed property issues. Therefore, maintaining a process that accurately addresses all property types, including royalties, is imperative. More states are auditing oil and gas companies for unclaimed property purposes, including Texas, Oklahoma, Colorado, and Louisiana.
Do you know whether you have a filing obligation in these or other states? Are you aware of these states’ enforcement actions against noncompliant companies via self-audits or direct examinations? Join our webcast to hear from BDO Unclaimed Property leaders and gain valuable insights into compliance best practices and recent enforcement trends.
Learning Objectives
- Recall general unclaimed property principles and compliance requirements.
- Identify three best practices for maintaining unclaimed property compliance.
- Describe “current to pay” statutes and how they impact your unclaimed property reporting process.
- Explain the considerations given to determining what date is used in determining when royalty obligations become reportable (dormant).
CPE Information
Delivery: This webcast will be delivered via the BDO Online CPE Network
Prerequisites: None
Advanced Prep: None
Program Level: Basic
Information about CPE Eligibility
To receive CPE credit for participation in a BDO webcast program, you must respond to the occasional polls that appear throughout the program and be in attendance for a minimum of 50 minutes. You will receive an email notification following the program if you completed the necessary polls and qualified for CPE credit. This email will include instructions on how to access your CPE certificate.
Please Note: Per BDO USA’s CPE Compliance policy, CPE will not be issued for programs that fail to comply with the NASBA Standards, or to individuals who do not meet the attendance requirements. For example, a professional attending a webcast must respond to at least 3 polls per CPE credit.
For questions regarding CPE credit, please contact [email protected].
