The operating question
A Permian Basin focused non-operated working interest owner needed a reserve study across its 72 wells to secure $18 million in financing with its bank. The study had to stand up to the bank’s review while capturing the full value of the field.
The engineering work
- PDP declines forecast from each well’s actual production history
- Actual lease operating statement (LOS) costs used in the economics, rather than assumed costs
- Upside opportunities identified across the asset base
The action plan
We combined the producing forecasts, actual costs and upside into a reserve case grounded in real performance — maximizing value while keeping the reserves defensible.
The verified result
The 72-well reserve study supported the owner’s $18 million financing with its bank.
