Serving Businesses
in the Dallas/Ft. Worth Metroplex

Oil & Gas Blog

February 18 2017
What New Regulations Mean

While the oil and gas industry is largely in favor of a new executive order from President Trump, there are new regulation that come with it. Oil and gas companies will have to familiarize themselves with these regulations accordingly. In a new article for Oil & Gas Journal, Washington editor Nick Snow reports on the

February 11 2017
Disclosure Rule Repealed

On the campaign trail, President Trump spoke of rolling back regulations. It turns out this is good news for the oil and gas industry. Congress has just repealed the disclosure rule for oil and gas companies. This rule was part of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. Written by the Securities

February 03 2017
Can a Cost Segregation Study Benefit Your Business?

Could your oil and gas company benefit from a cost segregation study? In a new article from Accounting Today, authors Eric Gould and Matthew Jaimes address the topic of cost segregation, and how new tax laws are favorable. Gould and Jaimes explain that business owners who have constructed, acquired or remodeled their real estate assets

January 28 2017
Women in the Oil and Gas Industry

In a new article from Rigzone, author Valerie Jones looks at the role of women in the oil and gas industry. Jones examines data from an employee study, and interviews female executives in the industry. What employer attributes were ranked most important in the Rigzone study? Here are the top five: Manages business with integrity

January 21 2017
The “Silo Factor” and Process Safety Management

What is the “silo factor,” exactly? According to Conrad Ellison, “The silo factor occurs when departments/functions/groups within an organization don’t share information or knowledge with others in the same organization.” Ellison, who is interviewed in Downstream Today, is a process engineering and process safety expert. The silo factor can have a negative impact on businesses

January 14 2017
Hiring Increases Have Begun

The Bureau of Labor Statistics reports that the number of U.S. workers employed in the oil and gas extraction industry has begun to increase, after hitting a five-year low in July. “Oil companies are starting to hire back workers as they add rigs to the shale patch in North America to take advantage of oil

January 07 2017
BLM Changes Permit Process

The Bureau of Land Management (BLM) has announced that its permitting processes will be completely online, in an effort to streamline operations and increase efficiency. This includes Applications for Permit to Drill (APDs) and Notices of Staking. The BLM has been working toward this goal of 100% online permitting gradually, and full implementation is now

December 29 2016
Soft Skills in the Oil and Gas Industry

In the oil and gas industry, sometimes the focus is more on the technical skill set than the interpersonal skills – also known as soft skills. Rigzone’s Valerie Jones has some insight on the need for these skills in the oil and gas industry in a new article, with an accompanying video. These are the

December 21 2016
OSHA Final Rule

OSHA has issued a final rule regarding record-keeping of workplace illnesses and injuries. The final rule’s amendments clarify employers’ obligations, but they do not add any additional compliance requirements. The final rule reads, “The duty to record an injury or illness continues for as long as the employer must keep records of the recordable injury

December 16 2016
Classification: Employees or Contractors

Are your workers independent contractors or employees? If you classify them incorrectly, you could be in for some costly headaches and compliance issues. Rigzone has a few tips for distinguishing the two classifications: Right to Control – “Employees” are told by their employer when, where and how their job is to be done. “Contractors” may