Why Outsourcing Your General Ledger and Financial Reporting Makes Sense
The oil and gas industry operates in one of the most complex financial and regulatory environments in the world. From volatile commodity prices to stringent reporting requirements, accounting functions can quickly overwhelm internal teams and divert leadership's attention away from critical business decisions.
Whether you’re a small E&P operator preparing to drill your first well or a large company managing thousands of producing assets, our General Ledger team brings deep oil and gas expertise to support your back-office accounting, so you can stay focused on operations. We’ve partnered with a wide range of clients – from independent operators and private equity-backed teams to publicly traded energy companies.
By Outsourcing Your General Ledger and Financial Reporting to Our Team, You Gain:
1. Cost Savings & Flexibility
Avoid the expense of hiring, training, and retaining a full in-house accounting staff. Our scalable solutions allow you to adjust support as your business grows or shifts. We can plug and play where you need it.
2. Deep Industry Expertise
Oil and gas accounting isn’t a generic, one-size-fits-all field. It requires specialized knowledge of joint interest billing, revenue distribution, depletion, depreciation, and regulatory reporting requirements. Our team has extensive industry experience and has helped hundreds of operators over the years.
3. Accuracy, Compliance & Risk Reduction
We keep pace with changing regulations and provide strong internal controls, ensuring your financials are accurate, audit-ready, and GAAP compliant—reducing risk for your company.
4. Advanced Technology & Reporting Tools
Gain access to leading accounting platforms, automation tools, and real-time financial reports without the burden of maintaining them yourself.
5. Strategic Focus on Core Operations
Free your leadership team from back-office burdens and allow them to focus on the core business of exploration, production, growth initiatives, and optimizing operations.
The Advantage
We’re not just a back-office vendor. We’re a strategic partner who brings clarity, compliance, and confidence to your financial operations.
We offer a wide range of services — including (but certainly not limited to) accounting, land administration, regulatory compliance, software and data conversion, consulting, owner relations and one-time project work — and we can tailor those services to meet your needs. Do you need someone to handle your entire back-office? We’ve got you covered. Do you just need someone to manage your division orders or lease records? We have people for that. Are you looking to switch software, but don’t know where to start? Our Professional Services Team is ready to help. Or maybe it’s 1099 season and you don’t have the time or energy to deal with it. We do!
Are you ready to partner with us? Give us a call today!
Shannah has 30 years of oil and gas experience. She’s been with the company over 18 years in various roles related to client services and has touched all Accounting functions. She served as Client Account Manager for many different clients over the years. She was then promoted to Director of Client Success and worked with potential clients to scope new services and onboard them into monthly Operations. She moved back into Operations last year and served as Director managing the AP/JIB and GL departments. After being promoted to VP, she is now managing the Accounting department which spans multiple offices and includes Revenue, AP/JIB, General Ledger, Financial Reporting, Regulatory Reporting and Treasury.
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