We understand the oil and gas industry
At MaloneBailey, LLP we understand the complexities of the oil and gas industry and the numerous challenges you face. Your audit, accounting and tax requirements should not be a distraction to the focus of your core business. Our seasoned professionals provide specialized SEC-regulated audit, private audit and tax services to upstream, midstream and downstream companies. Our client base includes drilling, exploration and production, refining and marketing, gas marketing and distribution companies.
At MaloneBailey, LLP, we understand the accounting and reporting implications for oil and gas companies including:
- SEC Rule SX 4-10 Full Cost Accounting
- ASC 932 (formerly FAS 19) Successful Efforts Accounting
- ASC 805 (formerly FAS 141(R)) Purchase AccountingProduction Revenue and Royalty Accounting
- Joint Venture Accounting and Joint Interest Billings
- Depletion, Depreciation and Amortization
- ASC 410 (formerly FAS 143) Asset Retirement Obligations and Environmental Issues
- Reserve Report and ASC 360 (formerly FAS 144) Analysis
- ASC 932 (formerly FAS 69) Oil and Gas Reporting Disclosures
- Multi-Currency Accounting and Reporting
- Production Imbalances
- Debt and Equity Financing Arrangements
- ASC 815 (formerly FAS 133) Derivative Accounting
The team at MaloneBailey is professional, courteous and responsive to our accounting and financial reporting needs as a publicly traded company.
Mike Aldridge, EVP & CFP
Saratoga Resources, Inc. (NYSE MKT: SARA)
Our Oil and Gas clients range from start-up exploration and development companies to operating production companies with over half a billion in properties and make up 25% of our client base. Whether you are an operator or non-operator, gas vs. oil focused or domestic vs. international company, we understand your business and can provide you the expertise you need.