Industry

What is a vendor contract compliance audit in the oil and gas industry?  The oil and gas industry is unique in that a significant portion of operations are performed by third-party vendors—often far from company headquarters and direct management. This creates both operational and financial risks to a company’s performance.

Unclaimed property reporting has strict reporting deadlines and failure to report could result in penalties and interest. These deadlines vary by state, and it is important to adhere to the reporting requirements for each state. Texas has a fast-approaching deadline of July 1st for all unclaimed property reporting. Have you

EQT acquired Olympus Energy for $1.8 billion. Olympus owns 90,000 net acres in southwest PA, adjacent to EQT’s existing Marcellus portfolio, with net production of 500 MMCFD, 165 gross Marcellus drilling locations; and 60 gross locations in the Utica. Stonepeak purchased a 46.3% stake in Repsol’s NM and TX solar

We’re proud to be featured in Energy Business Review for our long-standing commitment to excellence in the oil and gas industry. This feature highlights the unique strengths that have positioned Martindale Consultants as a trusted advisor to energy companies across the country. From our founding in 1982 to our current

The Council of Petroleum Accountants Societies has released its annual economic factors for 2025, including a 6.3% overhead adjustment factor, effective April 1, 2025. What are COPAS Economic Factors and why are they important? The Council of Petroleum Accountants Societies (COPAS) model form accounting procedures reference multiple adjustments or “factors”

The State of Wyoming requires all oil and gas producers to annually file Gross Products (Ad Valorem) tax, which is an Ad valorem property tax based on a taxable value of the previous year’s production. The Gross Products tax is primarily used to fund local school districts (K-12 education) and