The purpose of this research was to gather some empirical evidence and to analyze the management determinants among the relation of corruption, accountability, and performance of Indonesia oil and gas industry. Due to its strategic role in government revenue and Indonesian development, oil and gas should be managed efficiently, effectively, and in an accountable manner. Past implementation has witnessed that oil and gas industry faced many problems such as corruption, lack of accountability, and nonperforming. The scope of the research is focused on production sharing contract between government and commercial oil and gas companies. Beside agency cost, information asymmetry and contracting theory in the industry could decrease government income from oil and gas sector. The research object is accounting choice, controlling, corruption, accountability, and performance variables.