Oilfield Services

Oilfield services companies must master the unpredictable market forces of the larger oil and gas industry, at the same time dealing with the technical complexities of modern manufacturing and the challenges of a service industry. All of these challenges become even more complex as the energy transition accelerates.

Weaver can help. Whether your company is a multi-billion dollar international operation, a private-equity-funded startup, or a family-owned business, we understand what it takes to serve you effectively. Our clients range from drilling and completion companies to equipment manufacturers and distributors to support service companies for oil and gas wells. Major support services that our clients provide include preparing wells for production, transportation, and maintaining and enhancing the output of producing wells.

Quality, timely service; ongoing, candid communication; and active partner engagement — Weaver has built its reputation on these core principles. You can trust us to be there when you need answers and to deliver on time.

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 
  • 263A calculation and structuring
  • Multi-state income/franchise planning
  • 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