Industry

Right-Sizing Your Accounting System: What to Consider Before Making a Switch

An accounting system should make it easier to compile financial information, gain insights into day-to-day operations, and prepare the reports necessary to make informed decisions. As companies evolve, the systems that once worked well all too often become the tethers which hold them back.  Organic growth, acquisitions, increasing transaction volumes, new reporting requirements, and

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Identifying Hidden Costs in Vendor Contracts

Vendor contracts are the foundation of many operations in the oil and gas industry. From drilling and completion services to transportation, equipment rentals, fuel supply, and maintenance, operators rely on contractual agreements to establish pricing, define scope and responsibilities, and manage expectations throughout the life of a project.  While

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Closeup on business man in suite organizing papers on a desk.

Choosing the Right Fee Structure for Your Severance Tax Review

Every dollar matters in the oil and gas industry, especially when it comes to severance taxes. Depending on the state, taxes can represent a significant operating expense, and even minor calculation errors or overlooked opportunities can have meaningful financial implications over time. As regulations evolve

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