Upstream

With offices from Houston to Dallas to Midland to Fort Worth, we serve more than 1,000 traditional upstream clients, from smaller independents to multinational energy giants. We offer in-depth knowledge of E&P issues, a deep bench of professionals experienced across the full spectrum of energy interests, and a broad and deep understanding of your business. Our teams are particularly experienced in serving private-equity-sponsored oil and gas companies.

We are deeply familiar with the issues you face, from uncertain credit markets to frequent legislative and tax changes, consolidation, regulatory and environmental oversight, health and safety concerns, data security, and other areas of potential risk.

• 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

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
  • Property by property recapture analysis
  • 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