How to Find Reservoir Engineering and Economic Evaluation Firms for Oil and Gas Projects
Knowing what type of expertise to look for is the first step in finding the right firm to perform reservoir engineering and economic evaluations. Oil and gas projects need experienced engineers who know reservoir performance, production forecasting, reserves analysis, risk assessment, and project economics, not just general consulting support
A good place to start is to find firms with verifiable experience in reservoir engineering support, economic evaluations, resource and reserves studies, and regulatory or expert testimony services.
At Lonquist, you will find our capabilities listed as reservoir studies, field development planning, asset evaluations, acquisition due diligence, owner or royalty support, and more.
Our team can evaluate the technical and financial aspects of a project and critically look at the production data, estimate the recoverable resources, evaluate development options, and come up with clear economic models to help owners, operators, investors, and legal teams make sound decisions.
Additionally, we have experience with many types of projects, including conventional oil and gas assets, depleted reservoir storage, mineral and royalty evaluations, and regulatory issues.
Lonquist does more than just perform technical calculations; we also help you make confident, logically sound decisions about your oil and gas project.
