Overhead Allocation & Forecasting Enhance Oil & Gas Efficiencies

The days of growth (and debt) at all costs to maximize shareholder returns through an asset sale or public exit (IPO) is giving way to a focus on reducing costs, maximizing free cash flow, deleveraging balance sheets, and optimizing operations. Therefore, reducing general and administrative (G&A) and associated overhead expenses that align with this new reality is now more important than ever.

Opportune Outsourcing has significant experience in the design, implementation, and back-testing of equitable G&A overhead cost allocation methodologies between sponsor and portfolio funds or companies.

Below is an example of the value-add we routinely provide clients:

In today’s dynamic oil and gas industry, companies need a partner that can deliver comprehensive, tailored, and affordable outsourcing solutions. Our perspective is derived from advising both start-up and established (public and private) companies to determine the most appropriate business processes and resources necessary to operate as efficiently as possible.


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OUTSOURCING FUELS THE FUTURE OF OIL & GAS

Opportune Partner Carl Wimberley explains why Opportune Outsourcing solutions enhance back-office efficiencies.

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Opportune is the largest provider of back-office accounting and land administration services in the U.S., accounting for approximately 50,000 wellbores and over 150 entities. We have both a fully staffed back-office and at a cost that makes sense for operators, non-operators, and investors—between 20%-45%—looking to lower their G&A and associated overhead expenses and enhance efficiencies through the back-office, procurement, and infrastructure.


TO LEARN MORE ABOUT OUR OIL & GAS OUTSOURCING SOLUTIONS, CLICK TO DOWNLOAD OUR PDF BROCHURE

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CONTACT US TODAY AND WE WILL INITIATE THE INTRODUCTION TO OUR TEAM TO ASSESS YOUR REQUIREMENTS.

Carl Wimberley

PartnerOpportune LLP

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