Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

In IFP Technologies (Canada) Inc v EnCana Midstream and Marketing, 2022 ABKB 807, the Court considered for the first time how to perform an accounting of profits from an oil and gas working interest ...

Oil and gas acquisitions are complex, and the magnitude of complexity escalates with the size of the deal. Complex transactions in this industry can trigger accounting and reporting issues that may ...

HOUSTON--(BUSINESS WIRE)--Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced the release of OGsys On Demand, a cloud-based oil and gas ...

Oil & Gas Accountant (U.S., corporate/onshore office). Typical base pay per year ranges from the low $60,000s to low $160,000s depending on experience, with bonuses commonly 5%–25% of base. Figures ...

Major U.S.-based oil and gas companies such as ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries than in the U.S., according to a new report.

Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, Reuters reported on Dec. 12. The decline, down to about 410 billion rubles ($5.17 billion), is ...