Oilfield Factoring

How Oilfield Factoring Works

Oilfield factoring is a financial transaction in which water haulers, rig movers, hotshots, roustabouts, welders, and more sell their invoices to a third-party factoring company. Texas and North Dakota factoring companies then collect payment on these invoices from your customers. Factoring is also known as “accounts receivable financing.” One of the biggest reasons oilfield service…

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Oilfield Invoice Factoring

Oilfield Factoring: The Benefits of Water Hauling in the Oilfield Industry

In the oilfield industry, water hauling has become a very prevalent and lucrative profession throughout the United States. For trucking professionals seeking a water hauling position, it’s important to consider the following benefits specific to this oilfield service opportunity. Generous Wages Water haulers can expect to make $20 or more per hour, even with little…

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Blockchain in the Oilfield

The Blockchain Revolution Ask a hundred people about the potential impact of blockchain technology on the oil and gas industry and there are likely to be a hundred different answers. To some, blockchain is a massively disruptive technology that represents the wave of the future. Others view it as little more than an interesting novelty.…

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Shale Oil’s Big Pipeline Problem

It’s an odd time to be a shale oil producer. On the surface, it appears the stage should be set for production in the Permian and other U.S. basins to surge into a premier market position. After a period of massive global oversupply that sent crude prices tumbling and left the industry in a troubling…

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State of the North Dakota Oilfield

[cherry_row] [cherry_col size_md=”12″] The last several years in North Dakota’s Bakken Formation have been tumultuous to say the least. From an explosive growth in shale oil drilling that quickly turned the area into the United States’ 2nd largest oil producer, to a market collapse in 2014 that saw dozens of producers go bankrupt and oilfield…

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Finding Funding for Your Oilfield Venture

It’s no secret that the oil and gas industry can be a tremendous moneymaking opportunity, but breaking into the industry presents serious challenges. In particular, many industry neophytes struggle to attain the proper financing to get a project off the ground. For newcomers in search of oilfield financing, the last few years have brought mixed…

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The Future of Oil Infrastructure

When word reached the frozen, snow-covered Standing Rock Indian Reservation that the Army Corps of Engineers had ruled against the Dakota Access Pipeline, the throngs of protesters erupted into cheers. However, it didn’t take long for the gathered crowds – a mingling of Native American tribe members and other supporters from across the country –…

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The Complicated Relationship of Native Americans and Oil

Today professionals in the oil and gas industry often find their business proposals sparking intense debates within Native American tribes. Although tribal governments may welcome the additional revenues and jobs productive wells and pipelines bring, many Native Americans harbor lingering concerns about permanent impacts upon pristine landscapes. Those concerns are only bolstered by environmental groups…

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The Bust of Boomtown, USA

In the rolling, muted prairies that surround the town of Williston, North Dakota, the signs of decline are impossible to miss. Cranes, dozers and all manner of heavy machinery sit idle. Massive oil rigs stand all but abandoned, looming over the landscape like towering memorials to a bygone age. In town, businesses that sprang up…

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Optimism in the Bakken Dickinson N. D.

Optimism in the Bakken Dickinson N. D. A great hometown welcome from the business community of Dickinson N. D. was extended to exhibitors and patrons for the 2015 Bakken Oil Products and Service Show this year. Despite the declining oil prices, many successful Bakken companies came to present the latest in oilfield technology and services.…

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INTEGRITY OILFIELD FACTORING ESTABLISHES A DALLAS TX PRESENCE COVERING THE OKLAHOMA & TEXAS OILFIELDS.

Grand View, ID – November 17th, 2014 – Integrity Factoring & Consulting, Inc., one of the leading providers of factoring services in the oilfield service industry, announces the expansion of its presence into the Oklahoma & Texas oilfields. The newest addition to the Integrity Oilfield Factoring team is George Alexander, who is a native to…

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INTEGRITY OILFIELD FACTORING ESTABLISHES PRESENCE IN THE DEVONIAN (OHIO), MARCELLUS & UTICA OIL & GAS FIELDS.

Grand View, ID – September 22nd, 2014 – Integrity Factoring & Consulting, Inc., one of the leading providers of factoring services in the oilfield service industry & gas-field service industry, announces the expansion of its presence into the Devanian (Ohio), Marcellus & Utica oil & gas fields. The newest addition to the Integrity Oilfield Factoring…

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Integrity Factoring attending the 2014 OOGA OILFIELD EXPO and Technical Conference.

PR Newswire GRAND VIEW, Idaho, Dec. 2, 2014 Integrity Factoring will be attending the 2014 OOGA OILFIELD EXPO and Technical Conference. Kevin Gillespie, Integrity’s Senior Vice President of Business Development will be attending the show and offering their premier, personalized cash flow solutions for oil & gas service companies working in the Devonian, Marcellus & Utica…

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