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Oil & Gas Accounting 101 – Accounts

Oil & Gas accounting isn’t that difficult to understand. Accounting is accounting, so the first step in learning oil & gas accounting is to understand accounting. Accounts The basic element in accounting is an account. Accounts are how transactions are grouped and collected. For instance, Cash could be an account. This account could represent a […]

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New technology may change fracking debate

New technology may change the face of hydraulic fracturing – and it couldn’t come at a better time. Amidst heated debates across the country regarding hydraulic fracturing, waterless hydraulic fracturing claims to offer oil and gas companies an alternative to traditional hydraulic fracturing that is environmentally friendly and cost-effective. GasFrac, a Calgary-based company, is paving […]

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