Oil and Gas Executives: Don’t Overlook Lease Accounting Complexities

Oil and Gas Executives: Don’t Overlook Lease Accounting Complexities

EisnerAmper

The global COVID-19 pandemic has disrupted the energy industry. Declining demand for oil and gas has led companies to reduce overall oil production and supply, resulting in historic impacts on the market as oil prices dropped to below zero, their lowest to date. The overall depletion in revenue and low…

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Author Profile
VP of Accounting -

Jennifer Booth is the VP of Accounting at LeaseQuery, a purpose-built, CPA-approved lease accounting software solution for the most comprehensive regulatory reform in 40 years. For more information, visit LeaseQuery.com.

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Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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