Texas Oil & Gas Debt Collection For Overdue Accounts: Recovery Service Expands

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Southwest Recovery Services (SWRS) announced the expansion of its debt collection services as more Texas oil and gas companies face short-term cash flow risks associated with declining activity in late 2025.

More information is available at https://www.swrecovery.com/industries/oil-and-gas-collections/.

The U.S. Energy Information Administration (EIA) expects Brent crude oil prices to average $59 per barrel at the end of the fourth quarter of 2025, down from $68 per barrel in August, citing significant builds in global oil inventories.

Texas’s energy sector operates on a massive scale, creating a high volume of financial transactions and accounts receivable. In 2024, daily oil production averaged 5.7 million barrels, and even with moderated energy prices, the industry contributed $24.8 billion in state taxes and royalties in the recently concluded fiscal year 2025. This immense level of economic activity inherently increases the complexity and potential for payment delays and disputes.

In response to the current market dynamics, SWRS has adopted a proactive strategy to recover outstanding payments from delinquent clients.

“Due to volatile market conditions, oil and gas companies can find themselves in these situations,” explains a spokesperson for the company. “Oil and gas often require bigger price moves to balance their supply and demand markets. Delayed or nonexistent payments can skew their ability to keep up with market demands.”

Businesses in Texas must act within a specific timeframe to pursue outstanding payments. State law sets a four-year statute of limitations for debt collection, after which legal options may expire. Prompt action is necessary for companies to protect their legal rights and improve repayment chances.

Southwest Recovery Services approaches debt collection methodically. The company creates a specific work process for each client based on an analysis of their accounts. A dedicated collection team then manages each account directly. Clients do not pay upfront fees and are only charged if funds are successfully recovered. This payment model allows businesses with financial strain to pursue resolution for overdue accounts without incurring additional costs.

The company’s recovery process uses direct communication and established collection methods. All activities are conducted in compliance with local, state, and federal laws, including the Fair Debt Collection Practices Act. This focus on compliance helps protect the client’s reputation.

Creditors in the oil and gas sector may use industry-specific legal instruments, such as mineral liens. SWRS conducts pre-legal reviews and can pursue legal action where appropriate.

“As a recognized leader in receivables management, we understand the volatility and uncertainty of the oil and gas industry,” the spokesperson continued. “We deliver strong recovery results on accounts that become 90 days past due or beyond. Our extensive experience in the energy sector enables us to achieve cost-effective and maximum recoveries.”

Southwest Recovery Services is an inbound and outbound debt collection agency headed by Steven Dietz, specializing in accounts receivable management and revenue cycle solutions. With over 20 years of experience, SWRS delivers ethical, compliant, and effective recovery across multiple industries.

For more information on the company’s services, visit https://www.swrecovery.com/

Company: Southwest Recovery Services City: Addison Address: 16200 Addison Road Suite 260 Website: https://www.swrecovery.com/