Oil & Gas
From volatile commodity prices and regulatory changes to compliance issues related to business structures and joint venture agreements, those in the oil and gas business have much to consider. And because there are many challenges unique to the oil and gas industries, you need advisors who comprehend the specific opportunities and dilemmas you face each day. BKD can help.
We monitor proposed changes in federal and state laws and emerging industry trends to provide oil and gas clients tax, audit and consulting services tailored to their specific needs. By having a clear understanding of your business, BKD can help with domestic and international tax requirements, including business structuring solutions and tax services to reduce or defer taxes and increase cash flow.
We also can offer consulting solutions based on our thorough knowledge of the industry's dynamic environment and the controls needed for companies to effectively manage risk, while achieving their business objectives and sustaining a competitive advantage. As a member of Praxity, AISBL, a global alliance of firms, we provide energy professionals with local expertise in the countries where they operate. The Praxity Energy & Mining working group has more than 50 partners representing 30 firms in 23 countries.
With more than 400 clients in the energy field, you'll gain the peace of mind that comes from advisors versed in the industry. BKD works with exploration and production, midstream and downstream companies, as well as crude and natural gas marketers and oilfield services. Our solutions for oil and gas clients include:
- Financial Statement Audits
- U.S. GAAP
- IFRS
- Tax Planning & Compliance
- Federal and state income taxes
- Transfer pricing
- International tax compliance & planning
- State and local sales and property taxes
- Federal, state and local incentives and special credit planning
- Research and development credit studies
- Section 199 studies
- Cost segregation studies
- Risk Management Services
- Entity risk management
- Process reviews
- Internal audit
- IT audit
- Sarbanes-Oxley
- Emergency response
- Contract Audits
- Supplier audits
- Construction audits
- Joint venture audits
- Service-level agreement audits (for shared services)
- Forensic & Valuation Services
- Business valuation
- Strategic insolvency and bankruptcy services
- Fraud prevention and investigations
- Litigation support and computer forensics
- Compliance with anti-corruption & bribery laws
- Technology Services
- Business requirements analysis
- Software implementation and support
Selina Wilbur
Blake Randolph
- Pedernales Electric Cooperative, Inc.
- US KingKing
- Enbridge Energy Company, Inc.
- Enbridge Energy Company, Inc.
- Motiva Enterprises LLC
- AmREIT
- Enbridge Energy Company, Inc.
“Pedernales Electric Cooperative, Inc. became a client of BKD several years ago after moving from a Big 4 firm. We have been very happy with the professionalism and expertise they provide for the annual audit and tax returns. Continuity of staff is important to us. We have worked with the same friendly and knowledgeable staff the last several years which increases the efficiency of each audit and tax return. Their expertise in the industry has been invaluable to us”
— Monica Williams,
Accounting Coordinator
Pedernales Electric Cooperative, Inc.
Johnson City, Texas
"Thanks to BKD, we were able to resolve a very complex international tax issue, as well as an oil and gas transaction. We are counting on BKD to continue to meet our growing needs."
— Lisa Anderson,
Controller
US KingKing
Bentonville, Arkansas
"BKD was very well-organized and well-documented throughout the internal control review process. Our consultant was a pleasure to work with and provided high-quality work that saved our company a significant amount of man-hours."
— Terry Register,
Information Technology Manager – Compliance and Enterprise Applications
Enbridge Energy Company, Inc.
Houston, Texas
“BKD was able to assist us with streamlining our process and reducing the number of key controls throughout the IT organization, which resulted in substantial administrative cost savings.”
“BKD leverages their firm’s internal resources well. Their breadth of knowledge and analytical and critical thinking skills allowed them to assist us in getting answers quickly to enable us to make decisions. They were fantastic to work with.”
— Kris Gordon,
Strategic Alliance Manager for Pipeline Operations
Enbridge Energy Company, Inc.
Houston, Texas
“When selecting a firm, BKD’s knowledge and experience made them the firm best-suited for our needs. Their high staff quality and professional manner as well as their desire to meet and exceed expectations epitomizes great customer service.”
— Linda Larson,
Director of Internal Auditing
Motiva Enterprises LLC
Houston, Texas
“When we were looking for a firm to assist with SOX compliance, a colleague highly referred us to BKD. They were able to help us determine how SOX would affect us and what steps we needed to take in order to be compliant. We enjoyed working with the personable and knowledgeable staff at BKD throughout the process.”
— Brett Treadwell,
Managing Vice President - Finance
AmREIT
Houston, Texas
“BKD has done a great job in providing their services to us. They have continuously provided quality consultants that understand our business and seamlessly integrate into our organization. They also provide us with valuable knowledge and insight on current industry trends and best practices.”
— Noor Kaissi,
Manager, Sarbanes - Oxley Act of 2002 Compliance
Enbridge Energy Company, Inc.
Houston, Texas
























