Successfully managing an oil and gas business in today’s competitive environment requires more dedicated time and resources on core business issues and rapidly reacting to market opportunities and challenges.
While every business is different, the standardization of industry accounting processes and reporting, and outsourcing these activities, can lead to greater efficiencies, cost savings, and a higher-quality product.
EKS&H provides comprehensive outsourced accounting services to many oil and gas companies with offices and operations in the U.S. and around the world. Our services include:
- General ledger
- Accounts payable
- Accounts receivable
- Joint interest billing
- Revenue distribution
- Property transactions
The EKS&H Advantage
EKS&H’s outsourced accounting solutions are uniquely effective for the oil and gas industry because we offer:
- Extensive accounting, finance, and transaction experience specifically in the industry.
- Audit-tested internal controls and risk-mitigating segregation of duties.
- Proven effective systems and document and refined processes — rather than individual knowledge.
- Industry-leading, state-of-the-art technology that provides 24-hour Internet access to all information and reports.
- Team cohesion; the EKS&H oil and gas accounting solutions team has worked together for more than 15 years.
- Scalability that allows instantaneous expansion or contraction with your business cycle.