Crest Operating Company

The company operations cover the full range of oil and gas operating activities including production, drilling, accounting and land activities.  Operations are in the Permian Basin, Mid-Continent, Kansas, Colorado, Louisiana and the Gulf Coast.

In addition to operating its own properties the company operates for others as a contract operator providing the following services:

Production Engineering

  • Production maximization – stimulation, recompletions, and general efficient well maintenance.
  • 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.


Oil companies (majors and independents)
Energy banks
Pension funds
Private investors
Investment banks
Names and references will be provided upon request.