E&P Estimating for Accrued Revenue and Related Expenses
By Andy Griffin, CPA, Supervisor and Keith A. Arner, CPA, CVA, Partner In the world of oil and gas, we know that production cash receipts and income tend to lag a month or two (or sometimes three) behind when the […] Read More
What's This Asset Retirement Obligation I Keep Hearing About?
By Andy Griffin, CPA, Supervisor and Keith A. Arner, CPA, CVA, Partner As we’ve described previously, one of the components of “getting back in the game” for small independent E&P companies is producing financial statements that are compliant with Generally Accepted Accounting […] Read More
Get Back in the Game: E&P Financial Reporting
Financial statements are often required for E&P companies to obtain financing or enter into credit facilities. This blog post is the first in a series to identify common reporting questions for oil & gas accounting. Read More