Accounting for the oil and gas industry isn’t for the faint of heart. You must possess a deep breadth of knowledge about contemporary financial techniques and how they apply to the energy industry. In this article, we’ll touch on the following: The concept of best practices The fundamentals of oil and gas accounting The key […]
Insights
Experience driven insights covering industry trends, best practices, and lessons learned.
Acacia Exploration Partners – Outsourcing Land Administration
A HIGH-ACHIEVING CULTURE. Founded in 2018, Acacia Exploration Partners, LLC is a private oil and gas operating company engaged in the acquisition, development and production of oil and natural gas. The company culture is based on the premise of striving for extreme efficiency, and a disciplined approach to growth with the ultimate vision of exploiting […]
7 Tips to Improve Your IT Infrastructure Management
The amount of planning and organization that goes into creating a sustainable environment for your business’s technology cannot be overstated. Creating an effective IT infrastructure environment is not only tricky work, but it also requires deep technical and administrative know-how. Moreover, sound IT infrastructure management is not a “set it and forget it” arrangement — […]
7 Reasons Back-Office Outsourcing is the Ideal Strategy
A lot of work goes into cultivating a successful business. Unfortunately, many of those processes — such as human resources and information technology — have nothing to do with the actual product or service you’re delivering. When you hire a top-tier back-office outsourcing firm, professionals handle all of those essential administrative tasks on your behalf. In […]
7 Top Tips When Shopping for Outsourced IT Services
Many small and medium-sized businesses can’t afford to hire full-time information technology staff. However, with effective IT outsourcing services, your company can benefit from a full-scale IT department while also lowering costs. But since not all IT firms are created equal, you must know how to choose a provider that’s best for your needs today […]
Employee Spotlight of the Month – Kristin Sweezy
EAG 1Source’ December Employee Spotlight of the Month….Kristin Sweezy! With over 10 years of experience in all areas of accounting, Kristin brings her expertise of Revenue Accounting, Accounts Payable, Production Allocations, Regulatory Reporting and assisting with Audits for both Onshore and Offshore properties to EAG. What are 3 words you would use to describe EAG? Teamwork Dynamic Rewarding What’s been one […]
How to Create an IT Disaster Recovery Plan
Threatening IT issues can happen when your company least expects it, and although these issues may not be statistically likely to occur, it doesn’t mean you’re protected indefinitely. In a world that’s increasingly driven by impressive technology stacks, your business must have a robust IT disaster recovery plan if it hopes to survive a physical […]
Understanding the 4 Types of Data Analytics
Companies increasingly grapple with how to handle the sheer amount of information they can collect from customers and business partners. Data analytics helps them sort, parse, and convert raw data into key performance indicators (KPIs) and actionable business intelligence. The methods by which we analyze data can be sorted into four core categories. These four […]
How Data Analytics Will Improve Your Business
Data is everywhere. It’s constantly collected, analyzed, and used by businesses of every shape, size, and description. However, not all data is created equal. As a business owner, you must determine the essential key performance indicators (KPIs) that will help you grow. That’s the end goal of data analytics: To drill down through the crust […]
EAG is Winner of 2020 GRIT Award for Best Energy Workplace
ALLY by Pink Petro Announces EAG as Winner of the 2020 GRIT Award for Best Energy Workplaces Ally is the leading industry resource for diverse talent, careers, and culture honors women, teams, businesses and male allies who are making a difference in energy. This year has called for GRIT like never before, amid a global […]
Spotlight of the Month – Ron Cawthon
EAG 1Source Employee Spotlight for the month of October…Ron Cawthon! He has been with EAG 1Source for over a year serving as Sr. Data Architect with over 25 years of experience in Technology, IT Management, Data, and Software Management. Read on to find out what he does in his free time and his proudest moment […]
How Business Process Outsourcing Can Take Your Company to the Next Level
No matter the size, every business eventually reaches the point where they must decide whether to remain at the status-quo or change directions if they want to continue being successful. With business process outsourcing, your company can pursue a more focused and strategic course of action that helps you take the right steps forward. In […]