Oil and Gas Back Office Outsourcing
Effective January 1, 2009 Opportune acquired PetroAcct, L.P. (PetroAcct) a leading provider of back office transaction recording, processing and reporting, land administration and production allocation and reporting outsourcing services to the oil and gas industry. PetroAcct was formed in January 1999 in Houston, Texas., With fluctuations in oil and gas prices and the never-ending restructuring of companies through mergers and acquisitions, outsourcing has become an attractive alternative to the traditional in-house transactional processing and reporting.
PetroAcct operates on the leading software system in the Oil & Gas Industry and is licensed to use this software for outsourcing services. Since this system is designed specifically for Oil & Gas use, it is able to handle various methods of importing and exporting client data — data entry, spreadsheets, or electronic data transfers. Our clients have access to their data 24 hours a day, 7 days a week through secured and dedicated connectivity.
Benefits of Outsourcing
- Access to highly skilled back-office staff.
- Proven processes and increased quality of results.
- Predictable costs for budgeting.
- Reduced headcount and benefits obligations.
- Right-sized staffing levels based on business volume.
- Enables clients to focus on strategic activities such as land acquisition, exploration, and production.
- Reduced information technology implementation and maintenance costs and complexity.
Reasons to Entrust Your Back-Office Functions to PetroAcct
- Over 240 person years of back-office experience in the oil and gas industry.
- Broad set of services covering most of your back-office needs.
- Utilize leading industry software providing you quality reports, reliability, and accurate data.
- Access to your information 24 hours a day, 7 days a week through secure and dedicated connectivity.
- Flexible operating models - we can tailor our solutions to your needs.
- We have been in business for 11 years and serve 150+ companies.
- Support clients with operations in the United States and internationally.
- Focused on continuous improvement.