- EVALUATION REPORTS
- RESERVE STUDIES
- RESERVOIR ENGINEERING
- LOG ANALYSIS
- SECONDARY RECOVERY PROGRAMS
- EVALUATION OF DRILLING PROSPECTS
- DEVELOPMENT PROGRAMS
- PROPERTY OPERATION & MANAGEMENT
SERVICES
The firm offers the following professional services:
EVALUATION REPORTS
Estimation of future cash flow from oil and gas properties, based on study of geological and engineering data. Essential for financing, consideration of purchases and sales and other management decisions. Estimates of Fair Market Value developed for legal cases and estate, inheritance and gift tax declarations.
RESERVE STUDIES
Estimates of total recoverable reserves of gas, oil, condensate and/or plant products, producing, cased off and undrilled, with or without projections of rate of recovery. Used as tax accounting basis, in reports to government agencies, for study of feasibility of pipeline or plant construction and other management decisions.
RESERVOIR ENGINEERING
Comprehensive analysis of reservoir performance based on application of fundamental physical laws. Used to predict future recoveries and rates of recovery under different operating methods, to plan optimum development requirements and to determine the most profitable methods of secondary recovery.
LOG ANALYSIS
Quantitative analyses of well logs for evaluation of productive possibilities and estimation of hydrocarbon reserves.
SECONDARY RECOVERY PROGRAMS
Analysis of engineering and economic feasibility of various recovery methods. Program planning, design and supervision of installation. Supervision of operation and continuous analysis of performance.
EVALUATION OF DRILLING PROSPECTS
Study of geological merit of proposed drilling ventures and estimation of potential financial return.
DEVELOPMENT PROGRAMS
Study of optimum drilling locations. Recommendations on drilling, logging, coring, testing, casing and completion programs.
PROPERTY OPERATION & MANAGEMENT
Supervision of client’s personnel or direct employment of all operating labor. Approval of invoices for payment by client or direct payment of all accounts. Preparation of joint billing statements and collection and disbursement of funds for working and royalty interests. Planning and supervision of remedial work. Preparation and filing of regulatory agency reports.