We Protect Your Corporate Heartbeat®
 

1-866­-448-3936
America's Commercial Collection Agency
HOME
ABOUT
SERVICES
INDUSTRIES
PAY A BILL
PROSPECTIVE CLIENTS
3 Reasons for Slow Payers
Accounts Receivable Turnover
Aging Accounts Receivable
Collecting Commercial Debt
Collection Consultants
Commercial Collection Company
Commercial Debt Recovery
Contingency Debt Collection
Credit Industry Groups
Debt Recovery
Early Warning Signs
Professional Debt Collection
Small Business Debt Collection
Testimonials
Third Party Debt Collection
Types of Commercial Debtors
US Collection Agencies
Accounts Receivable Training
AR Outsourcing
Bad Debt
Business Collection Agency
Commercial AR
Commercial Debt
Consumer Debt
Credit Collection
Credit Risk Management
Credit Seminars
Debt Collection
International Debt Collection
Nationwide Debt Collection
Online Collection Services
Small Business
Accounts Receivable Consulting
Advertising and Media
B2B Debt Collection
Business Debt
Commercial Credit
Construction
Consumer Debt Collection
Credit Card
Equipment Rental
Foreign Debt
Industrial Supplies
Insurance
Law Firms
Oil and Gas
Trucking-Transportation
10 Day Final Demand
AAB Free Rate Quote
Accounrts Receivable as an Asset
Accounts Receivable Analysis
Agreement Downloader
AR Assignment
Canada Collections
Collection Agency FAQs
Credit Resources
Debt Collection Services
Free Consultation
Glossary
National Debt Collection
Overseas Negotiations
Private Collection Agency
Request a Quote
Risk Mitigation
What is a Collection Agency?
WEST
MID WEST
SOUTH WEST
NORTH EAST
SOUTH EAST
Alaska
California
Colorado
Hawaii
Idaho
Montana
Nevada
Oregon
Utah
Washington
Wyoming
Illinois
Indiana
Iowa
Kansas
Michigan
Minnesota
Missouri
Nebraska
North Dakota
Ohio
South Dakota
Wisconsin
Arizona
New Mexico
Oklahoma
Texas
Connecticut
Delaware
Maine
Maryland
Massachusetts
New Hampshire
New Jersey
New York
Pennsylvania
Rhode Island
Vermont
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
West Virginia

Oil and Gas Debt Collection



Account Adjustment Bureau or AAB provides the Oil and Gas industry with commercial debt collection. Oil and Gas debt collection is a specialized area of commercial collections with unique recovery logistics. Oilfield contracts can literally be done on a napkin with little forethought about exit terms in a contract. We run into this scenario more often than you think when doing an oil and gas debt collection.

Oil and gas debt collection also has to contend with self-employed debtors or debtor companies that are constantly on the move. Oil rigs can move hundreds of miles in a few days. A debtor company key employee gets a better offer and accounts payable goes to the back burner. Business moves fast in the oil patch and when a debtor stalls or disappears, it is time to place the account for oil and gas debt collection.

Oil and Gas Debt Collection Tools



Oil and gas debt collection requires a skilled commercial collector. Often a debtor company may be expecting monies from a receivable, payment on a project milestone or settlement. Most agencies would accept a promise to pay and then pray the money comes in per their oral contract. AAB goes a step further and secures the payment with tools like an irrevocable direction to pay or an assignment. AAB secures payment whenever we can when we do an oil and gas debt collection.

The biggest tool for oil and gas debt collection is information. AAB is a member with all the major consumer and commercial credit bureaus. We also subscribe to numerous other information data source, which cuts down the time locating the debtor principals. Knowledge is power and leverage in an oil and gas debt collection.

Oil and Gas Debt Collection Outsourcing



With the transient nature of the smaller scale oil and gas industry, outsourcing your debt collection may be your best solution. AAB has early out programs where we monitor your accounts receivable and follow up on accounts that are tardy. Basically we make sure your money comes in faster and reduce bad debt write offs at a lower cost than the rates charged for a standard oil and gas debt collection.

Whatever your specific collection needs, AAB has the right solution. Discuss your needs today with an AAB collection professional or schedule a free consultation on our oil and gas debt collection.
Free Rate Quote
Account Adjustment Bureau, Inc. BBB Business Review
Member of International Association of Commercial Collectors
ACA InternationalInsured for your Protection
Serving you since 1973