EAG 1Source Receives SOC 1 & 2 – Type I Certifications
Houston, TX November 15, 2019 – EAG 1Source, a specialized consulting firm devoted exclusively to upstream and midstream business and technology services, today announced that they have successfully completed a System and Organization Controls (SOC) 1® and 2® Type I Audit examinations for their Managed IT and Accounting System. EAG 1Source retained international CPA and business advisory firm, […]
Elizabeth Gerbel Featured in Houston Public Media
Congrats to our CEO, Elizabeth Gerbel on being featured in NPR Houston Public Media! Check out what she had to say on oil prices going negative again and the key things to watch for. Click link to read more –> https://bit.ly/2Z6FUKC #HoustonPublicMedia #NPR #oilandgas #energy #oilprices #EAGServices #EAG1Source #oilandgasindustry #oilmarket
New Client Alert!
We’ve had a record month signing up new EAG 1Source clients! One of our newest clients is a Houston-based startup, full-service midstream company. The CFO reached out to EAG 1Source via a recommendation from his private equity firm. The company had previously been outsourcing their IT and G&A accounting. They were looking for help around their office move and providing more robust […]
1Source New Project Alert
EAG 1Source recently started a new Technology Outsourcing & Services project with an E&P company located in Fort Worth, Texas. The company currently operates in the Anadarko Basin in Texas and Oklahoma. The company acquired assets that contains roughly 3,500 wells and 20,000 land agreements. This is a very large asset with associated field and […]
E.A.G. Business Holdings Incorporated (“EAG”) Engages Deloitte & Touche LLP to perform SOC 1 Examination Services.
Deloitte & Touche LLP (“Deloitte”) has been selected as EAG’s preferred firm for SOC 1 examination services. Houston, Texas – April 25, 2022: E.A.G. Business Holdings, Incorporated (“EAG”), a privately held oil and gas consulting and outsourcing organization, announced that they have engaged Deloitte & Touche LLP (“Deloitte”) to perform Service Organization Control (“SOC”) 1 […]
How Reporting Architecture Can Improve with Back-Office Outsourcing
As technology becomes more powerful and more accessible, our expectations of its abilities grow in equal measure. The power of pure number-crunching and the reports generated from Big Data reflect such assumptions. However, all of these advancements are for naught if your company struggles to build a reporting architecture that makes your information usable. Thankfully, […]
What You Didn’t Know About Land Administration in the Oil & Gas Industry
The land administration department of your average oil and gas company manages the crucial back-office functions for the firm’s exploration and production efforts. This critical work involves all manner of land asset care, including negotiating agreements, maintaining leases and contracts, analyzing their production and profitability, and more. In this article, we will discuss: The three […]
How Back-Office 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 back-office outsourcing, your company can pursue a more focused and strategic course of action that helps you take the right steps forward. In this […]
What you Should Know About Oil & Gas Accounting
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 […]
How EAG Transformed A Company’s Land Department
EAG’s Application Management and Support team is providing key technical and functional application expertise to a client whose Land department recently underwent a major digital transformation. This private, midland based E&P company started operations in 2015 and has a growth strategy of acquiring and developing conventional and unconventional oil properties in the Permian Basin. The […]