FAQs

The process of preparing year-end SEC reserve reporting is typically well underway at this time for many companies, We can assist you in the preparation in every aspect from start to finish including a SEC report that is prepared by a registered Professional Engineer.

If you are in the process of starting a new company and need help in the evaluation of potential acquisitions, help in setting-up software, or general consultation we can help.

If you are a more established organization we are also available for short term work for quarterly or year-end reserves as needed.

The below are a few FAQ's that we intend to expound on in the NEWS section of this website. Contact us at anytime for your questions,

Q. What economic evaluation software does your company use?

A. We primarily use Aries by Landmark, but also can use PHDwin by TRC Consultants  if required for specific projects.

Q. Can you provide data for our evaluation?

A. We can make use of all the data available to you and supplement it with data obtained from public sources. Publicly sourced data may include governmental completion and production data as well as data we purchase from IHS. 

Q. I have some mineral interests. Can you give me reserve numbers that I can take to the bank?

A. Maybe. It depends on the current development of your mineral interests as well as the development in the area surrounding your mineral interests.

For a definition of reserves, reserves and resources you can look at  

 https://www.spe.org/industry/docs/PRMS_Guidelines_Nov2011.pdf  

or contact us for information.