Oil, Gas & Energy Services
Audit, Tax & Advisory for Upstream, Midstream, Downstream & Oilfield Services
30+ Years Serving the Energy Sector
From the wellhead to the pump, R&C Global professionals have been supporting oil, gas, and energy companies for over 30 years. We understand the financial complexity of the energy sector — joint interest accounting, production revenue, depletion, ARO obligations, commodity price volatility, and an evolving regulatory environment.
Our energy practice serves upstream exploration and production companies, midstream operators, downstream refiners and distributors, oilfield services companies, and power and utilities providers — across the US and internationally.
Energy Services
Financial Statement Audits
Independent audits with deep understanding of energy-specific accounting — full-cost versus successful-efforts method, joint interest billing, production revenue recognition, oil and gas reserve disclosures, and asset retirement obligation (ARO) accounting.
TPRM for Energy
Energy companies rely on complex contractor and vendor networks. Our TPRM-certified team assesses vendor and contractor controls, reviews compliance with BSEE, PHMSA, and other regulatory frameworks, and provides documented risk management programs for operators and midstream providers.
Oil & Gas Tax Planning
Specialized energy tax advisory including: intangible drilling cost (IDC) deductions, percentage and cost depletion optimization, Section 199A QBI for pass-through energy companies, joint venture tax compliance, state severance tax, international tax for foreign energy operations, and like-kind exchange planning.
ESG Advisory
We help energy companies build ESG frameworks addressing regulatory expectations (SEC climate disclosure, EU taxonomy), stakeholder reporting requirements, and operational metrics — including emissions accounting, scope 1/2/3 analysis, and sustainability reporting.
Joint Interest Audits
We perform working interest owner and operator audits — verifying joint interest billings, production allocations, and overhead charges on behalf of non-operating interest owners.
Outsourced CFO & CAAS
Interim and ongoing financial leadership for oilfield services companies, independent E&P operators, and midstream entities that need senior-level financial oversight and reporting without the cost of a full-time hire.
Energy Entities We Serve
➤ Upstream Exploration & Production (E&P) Companies
➤ Midstream Pipeline, Gathering & Processing Operators
➤ Downstream Refiners and Distributors
➤ Oilfield Services Companies
➤ Power Generation and Utilities
➤ Renewable Energy Developers and Operators
➤ Petroleum Retailers and Fuel Distributors
➤ Energy Private Equity Portfolio Companies
