Case Study: ExTex Replaced An In-House Division Order Management Team

Streamlined Operations, Reduced Costs, And Less Exposure

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Client
Our client is a mid-size oil and gas purchaser that primarily works in Colorado and Wyoming.

Background
Oil and gas purchasers often have to build and manage large back office teams that might include revenue accountants, lease accountants, regulatory accountants, division order analysts and techs, admin support, and other specialized staff.

Challenge
Our client, who is a large oil and gas purchaser, faced exactly this challenge. At the time, they had an entire back office setup, were leasing a large office space, and had more than a dozen employees. They wanted to outsource their division order management and tasks in order to improve efficiency, lower costs, and reduce their exposure and risk.

Solution
Our client outsourced all of their revenue accounting and division order management to ExTex.

Outcomes
By outsourcing to ExTex, our client was able to:

• release its office space and save on the monthly rent
• reduce their division order staff from more than a dozen employees to just 1-2 key people who serve as points of contact for the ExTex team
• transfer their potential financial, legal, and regulatory exposure to ExTex

Read Other ExTex Case Studies
ExTex Gave An Oil And Gas Operator More Control And Flexibility
ExTex Delivered Ground-Up Services For A Startup Oil And Gas Purchaser
ExTex Provided Support When An Oil And Gas Operator Acquired A Competitor

For more information about ExTex, or to talk about how we can help your company, please call (303) 463-8799 or fill out our contact form.

ExTex Division Order Services, LLC is located in the Denver metro area (in Golden, Colorado), and we provide back office outsourcing services for oil and gas companies across the U.S. and Canada.