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IRS Announces 2019 Marginal Well Credit

Natural gas well owners holding an operating interest in a qualified marginal well during 2019 are eligible to claim a credit of $0.08 per qualified MCF

Natural Gas Rig Count Declines in Major Basins

Natural gas rig count is often viewed as an indicator of future gas production. An increase in rigs leads to an increase in the amount of wells from which

The Future of your Business - Natural Resources and Construction

Post-Covid-19: Where does my organization go from here? You don’t have to look far to see the impact of the COVID-19 pandemic on the workplace. The

What do I do after I receive my Paycheck Protection Program (PPP) Funds?

You have gone through the process of applying with your bank for the Paycheck Protection Program (PPP) and you’ve been approved. Now, what should

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Postcard from the AADE 2020 Operators Forum

On February 13, the American Association of Drilling Engineers (AADE) hosted its annual Operators Forum at the Pittsburgh Airport Marriott, with speakers

California Utility Crisis Could Reshape Regulatory Environment

California’s recent fire crisis has the potential to shape the regulatory and business landscape of one of the largest energy markets in America.

Land Easements under ASC 842 and Practical Expedients

In January of 2018, the FASB amended its leases standard to be a more encompassing standard for all leases and replace the variability in the way that

Diversified Gas and Oil Accesses $200M of Capital in “First-of-its-Kind” Securitization

Diversified Gas and Oil PLC, which operates over 7,500 conventional natural gas and crude oil wells in Pennsylvania, West Virginia, and Ohio, recently

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Sustained Low Natural Gas Prices Causing Industry to Examine Long-Term Profitability

Chevron Corporation announced last week that it would be writing down the value of its oil and gas assets by more than $10 billion. The company said the

Electric Vehicles and Their Effect on the Oil and Gas Industry

“Nowadays 70% of oil production is used for transportation: the world produces about 80 million barrels a day globally, and about 60 million barrels

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