As we head into the fourth quarter, it’s time to start thinking ahead to end-of-the-year tax responsibilities. Corporations in the United States that utilize contractors and vendors need to start filing a Form-1099 for each business collaborator. Before filing, it’s a good idea to review your data and make sure all filings are accurate. Depending…
4 Best Practices for Oil Production Allocation
As valuable team members, production accountants handle vast amounts of data derived from oil wells and gas lines. Company leaders then use this collected data to determine an entire operation’s overall production. However, since this data comes from a wide variety of sources and industry experts use different allocation techniques for different cases analysis can…
Data Analytics: What Does the Oil and Gas Industry Stand to Gain?
Big data and data analytics are changing the game for nearly every industry, and oil and gas is no different. Although some are resistant to change, some experts argue the only thing holding them back is they resist cultural change — in other words, an attitude of “if it isn’t broken, don’t fix it.” What this means,…
Value Global Managing Principals Talk Company History and Passion
Value Global is known for enterprise services and custom, client-centric IT solutions. Founded on a consulting background, experts continue to offer innovative approaches to client services. Those at Value Global balance clients large and small on a variety of projects. Their solutions encompass managed and support services to keep users operating efficiently and business leaders…
P2 ASCEND Conference
Discover the ways to streamline efficiency in production and reduce costs! P2 ASCEND will be hosted in San Antonio from Nov. 13-15, 2017. Learn how those in the oil and gas industry are achieving a competitive edge and becoming more successful using the P2 Oil & Gas Platform. With more than 500 oil and gas…
Oil and Gas Industry Leaders Leverage New Tech
Terms like “the cloud,” “big data,” “analytics,” and “the Internet of Things (IoT)” are making news, and insiders mention we’re in a new digital revolution. Why? Simply put, advanced technology developments are giving company leaders new levels of visibility, access, and efficiencies with their businesses and customers — and many are taking full advantage. Big…
