Oil & Gas
Whether you explore, drill, trade or market petroleum or natural gas, your profitability is closely tied to the industry. Operational nuances and unique tax situations impact each oil and gas company and investor. So, clients rely on us to manage bookkeeping and back-office processes, recommend tax strategies and provide insights to drive success.
Baker Tilly’s team consists of professionals with sophisticated tax expertise, dedicated accounting and analytics and digital solutions experience within the oil and gas industry. With more than 35 years of experience, we help clients innovate to survive the never-ending changing economic conditions.
But, our advantage is based on more than technical excellence. Our seasoned industry leaders work closely with clients to provide strategic answers that drive success.
Baker Tilly has five offices throughout Texas, including Houston, Dallas and Austin with 500+ staff, and we continue to grow. Our oil and gas practice is based in Texas to ensure we provide specialized, local service. Our team has decades of experience assisting publicly traded and privately held companies. We focus on serving upstream and midstream companies and helping families/family offices navigate their oil and gas wealth objectives.
Recent regulatory changes have provided significant tax savings opportunities for the oil and gas industry, in addition to some changes that could negatively impact those who don’t plan ahead. It’s important to map a strategic tax plan now to capture tax savings and minimize the negative impacts of lost tax breaks.Wesley Middleton, Managing Partner, CPA