Midstream

The midstream energy industry has unique opportunities and challenges exclusive to this segment. The number of areas that have experienced evolutionary changes in this industry is staggering—acreage dedications, rights-of-way, revenue contracts, joint venture formations with upstream partners or joint operations with processors, interconnections, build-to-suit leases, midstream water and wastewater matters, and more. These and many other aspects of the midstream space are unique and complex.

Our large midstream energy teams understand the nuances of the industry. We serve hundreds of midstream clients that include midstream marketing and trading, oil and gas gathering, large crude oil pipelines with intrastate operations, natural gas processing, blending operations, biogas gathering and marketing, traditional infrastructure, terminaling and storage of petrochemical and refined products. Our teams that work on midstream companies are dedicated to this specific segment of the energy industry and have deep experience to serve you.

We speak your language. Our familiarity with this industry provides an immediate benefit. We also have extensive experience and relationships with the investors and private equity groups that exclusively serve the midstream industry. Our roots run very deep not just in energy as a whole, but also in the individual segments within energy.

What Makes Weaver Different?

• Dedicated audit/tax planning for efficient engagements, minimizing requests to your staff and providing a high level of partner interaction
• Consistent industry teams that understand your business, industry and market conditions
• Involvement in oil and gas organizations - we have a vast network and focus on referrals
• Global, full service offerings for the energy space
• Consultative approach, not just compliance-driven
• Boots on the ground, with a large presence in the communities we serve
• Private equity focus: investor confidence, deadline-driven, efficiency
• Commitment to staff development with specialized training on the energy side

How Can Weaver Help You?

State & Local Tax Services

• Tax overpayment recovery and audit defense
• Sales and use tax consulting and compliance
• Property tax consulting and compliance
• Income and franchise tax consulting and compliance
• Compliance automation, outsourcing and co-sourcing
• Corporate relocation services
• Motor fuels and excise tax

International Tax Services 

• U.S. investment overseas
• Foreign tax
• Expatriate and global mobility services
• Foreign investment in U.S.

Federal Tax Services and Strategic Planning

• Private client services
• Business tax services
• Tax M&A and due diligence
• R&D tax credits
• Federal and state tax credit reviews (oil & gas)
• Strategic tax planning
  • Carried interest analysis 
  • Tangible vs. intangible (goodwill, contracts) tax implications
  • M&A purchase price allocation guidance 
  • Institutional and foreign investor structuring 
  • Rate arbitrate transactional analysis (ordinary vs. capital gains) 
  • Focus on management team tax implications and planning 
  • Life-cycle focused tax strategy (acquisition, operational, disposition) 

Assurance and Advisory Services

• Financial statement audits, reviews and compilations
• Agreed-upon procedures
• Pre-IPO consulting
• Risk management and internal audit
• Environmental, Social and Governance (ESG) reporting
• Energy and fuels compliance
• Cybersecurity and IT consulting
• Digital oilfield process automation and data analytics
• Technical accounting
• Outsourced accounting
• Valuation and transaction due diligence service
• M&A Rule 3-05, Carveout and SPAC services