Oil & Gas Tax & Accounting Services

Walker & Associates specializes in Oil & Gas services, working with both operating companies and individuals on accounting, tax preparation, planning, and strategies. The Oil & Gas industry is known for its industry-specific challenges and compliance needs. Our extensive experience and proficiencies in the Oil & Gas industry allow us to provide a variety of levels of service in the areas of exploration, drilling, production, and development, well-by-well accounting, and the related tax strategies.

The different levels of service allow us to either manage your Oil & Gas accounting or assist you in navigating the industry from the operational side to the management of minority interests. Roughly two decades ago, Bret and a software engineer, whom Bret befriended during his time at Texas A&M, developed an Oil & Gas software that we utilize to report and track working interest for hundreds of wells spanning across a number of clients.

Because of this, we have records going back 15 years that can show a specific client’s breakdown on year-to-date totals for revenue, expenses, production, drilling, maintenance, workovers, and more for each individual well the client holds interest in. This allows us to examine and help predict trends in the Oil & Gas industry from a bird’s-eye view.

Maximize Your Potential with Year-Round Tax Planning

Don’t limit your tax strategies to just tax season. Walker and Associates CPAs help you make smart financial decisions that positively impact your business year-round. Schedule a free consultation to discuss your business tax strategy today and take advantage of proactive planning that drives growth and savings.