Midstream assets are some of the most complex properties to value for property tax purposes. Since they are directly tied to the oil & gas reserves they service, no two properties are exactly alike. With our extensive history in valuing the exact oil & gas reserves these systems service, we understand the areas of obsolescence that may exist as the largest provider of property tax services in the midstream industry on a national level. We represent over 400,000 miles of pipeline nationwide and save our clients millions of dollars in tax using a valuation approach specific to the midstream industry. By spending time in the field inspecting site locations and visiting with field personnel we ensure that our clients only pay their fair share of property tax. Our relationships with local assessors and appraisers span decades in this area.

At the beginning of the year, our team will request pertinent information that is crucial for the aggressive filing of renditions for your personal property and the analysis of real property. Strategy begins with good information.

Once we’ve received all of the facts on your properties allowing us to perform appraisals, we begin the process of reviewing notices of value as they are issued by the local jurisdictions to determine cases of over-valuation.

In cases of over-valuation, KE Andrews will reach out to local assessors and appraisers to aggressively negotiate both informally, and formerly at board hearings in cases where an informal agreement can’t be reached.

After values are finalized, we provide annual reports for accrual purposes, and we begin to process your tax bills for payment as they come. We integrate with your accounting systems and also have the ability to pay your physical property tax bills.