Industry

Martindale Recognized by Energy Business Review

We’re proud to be featured in Energy Business Review for our long-standing commitment to excellence in the oil and gas industry. This feature highlights the unique strengths that have positioned Martindale Consultants as a trusted advisor to energy companies across the country. From our founding in 1982 to our current

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COPAS Announces 6.3% Overhead Adjustment Factor Effective April 1, 2025

The Council of Petroleum Accountants Societies has released its annual economic factors for 2025, including a 6.3% overhead adjustment factor, effective April 1, 2025. What are COPAS Economic Factors and why are they important? The Council of Petroleum Accountants Societies (COPAS) model form accounting procedures reference multiple adjustments or “factors”

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Wyoming Gross Products Tax Extension Deadline

The State of Wyoming requires all oil and gas producers to annually file Gross Products (Ad Valorem) tax, which is an Ad valorem property tax based on a taxable value of the previous year’s production. The Gross Products tax is primarily used to fund local school districts (K-12 education) and

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Industry News: First Quarter 2025

Canadian Natural Resources will own 100% of the Athabasca Oil Sands Project after acquiring Shell’s 10% interest in exchange for a 10% interest in the Scotford Upgrader and Quest Carbon Capture and Storage facilities. Canadian Natural adds 31,000 BBLD of production and retains an 80% working interest in the CCS

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30 Years with Martindale

30 years. Every time I think about my tenure with Martindale Consultants and my time in the oil and gas industry, it still amazes me how much both have changed over the years. When Pat Martindale hired me in February 1995, I knew very little about the oil and gas

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Industry News: Fourth Quarter 2024

Diamondback Energy and Kinetik Holdings increased their ownership stakes in the Permian Basin to the Gulf Coast 800-mile EPIC Crude pipeline. Each partner owns 27.5% of the 600,000-BBLD system. United Arab Emirates clean energy giant Masdar acquired Saeta Yield for $1.4 billion. The deal includes 538 MW of wind assets

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