Oil and gas company land departments must manage increasing volumes of land data from which they must derive intelligence. Leading companies streamline the integration of land assets, have efficient land services functions, and generate business insight from land data.
This publication provides an analysis of SEC comment letters issued to registrants across the energy and mining value chain, including exploration and production, midstream, downstream, drillers, oilfield services, and integrated energy companies.
Transportation and logistics (T&L) companies in the US are being impacted by the shale energy revolution. The T&L industry is essential to the movement of people and equipment to the shale fields, and the transportation of shale oil and gas from the fields to processing plants. This paper highlights the implications of shale energy for different segments of the T&L industry.
To support the demand for shale gas production, oil and gas companies are developing thousands of horizontal drilling and hydraulic fracturing well sites, posing a challenge to existing business models. Engineering and construction and oil and gas companies are reviewing the value chain to find new ways to meet the demand.
US and international accounting standards setters are getting closer to completing their overhaul of lease accounting. They are taking this action in response to long-standing criticism that today’s financial statements do not adequately portray the economic substance of lease arrangements. This issue of PwC’s The Bit summarizes the proposed guidance and explains how it is likely to change key financial reporting metrics.
The proposal by US and international accounting standard setters to overhaul lease accounting likely will have far-reaching impacts for most companies. Watch this installment of the Energy executive webcast series to learn about how the new proposal will impact the energy industry.
Energy sector company audit committee members can use this PwC document to benchmark selected accounting policies with industry practices, identify trends for significant accounting estimates, and facilitate discussion on certain aspects of energy industry practice.
On August 22, 2012, the SEC approved a final rule requiring certain issuers to publicly disclose their use of conflict minerals [tantalum, tin, tungsten, and gold] and whether those minerals originated in the Democratic Republic of the Congo ("DRC") or adjoining countries (“covered countries”). This Dataline looks at the key provisions of the final rule. Also included is a supplement on frequently asked questions on conflict minerals.