The oil business is likely to grow even more dependent on brainy OFS firms.

ECONOMIST: Oil firms you have never heard of are booming

Each big OFS firm has different strengths, and plenty of smaller ones occupy specialised niches.

ECONOMIST: Oil firms you have never heard of are booming

Any OFS company that can shave a few days off that time will be in the money.

ECONOMIST: Oil firms you have never heard of are booming

Based on current market conditions, OFS expects first-lien loans will have interest rates ranging from 4.75-8% over LIBOR.

FORBES: Orchard First Source BDC prints $100M IPO; loan book averages 8.41%

OFS, which stands for Orchard First Source, will operate as a business-development corporation focused on middle-market-debt investments, and to a lesser extent, equity investments.

FORBES: Orchard First Source BDC prints $100M IPO; loan book averages 8.41%

This can sometimes involve a limited sharing of risk between national and OFS firms, just as in a regular joint venture between oil companies.

ECONOMIST: Oil firms you have never heard of are booming

The Tigers agreed to terms on one-year contracts with RHP Luis Marte, LHP Casey Crosby, INFs Dixon Machado, Hernan Perez and Danny Worth, and OFs Quintin Berry and Avisail Garcia.

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This is a guest post from K. Sean Packard, CPA, who is Director of Tax at OFS. He specializes in tax planning and the preparation of tax returns for pro athletes.

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The OFS firms have helped them to do so.

ECONOMIST: Oil firms you have never heard of are booming

It has also left the oil firms hostage to the availability of increasingly expensive and sought-after services, from advanced drilling to deepwater rigs, which a dwindling number of OFS firms can provide.

ECONOMIST: Oil firms you have never heard of are booming

This gave OFS firms space to grow.

ECONOMIST: Oil firms you have never heard of are booming