Industry

Revenue accounting in oil and gas is where operational reality meets financial consequence. Every barrel produced, every ownership change, every pricing adjustment eventually flows through revenue systems. When those systems are accurate, they quietly support the business. When they are

In the oil and gas industry, contracts play a central role in how projects are executed and how money moves. Operators rely on suppliers for a multitude of services, from drilling and transportation to maintenance and field services, and each of those relationships is governed by detailed agreements that

Oklahoma’s passage of Senate Bill 227 introduces a targeted—but important—update to property tax treatment within the oil and gas sector. The key change: SB 227 expands the property tax exemption for oil and gas production equipment to now include flowlines

The 2026 Oil & Gas State Reporting (OGSR) Conference is officially in the books, and what an impactful few days it was in Oklahoma City.  From February 8–10 at the exceptional OKANA Resort & Indoor Waterpark, Martindale Consultants welcomed 150 attendees, vendors, and

Accurate royalty and revenue payments are foundational to trust and financial stability in the oil and gas industry. When payments are incorrect or delayed, the consequences can be significant, including strained owner relationships, audit exposure, regulatory risk, and financial loss. Given

The oil and gas industry presents unique financial and operational challenges. With revenue streams that vary by contract terms, complex ownership structures, and constantly changing regulatory demands, energy companies face a level of accounting complexity few other sectors experience.  Choosing