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Economic Evaluation

Oil & Gas Reserve Report Preparation

Primarily utilizing Aries, standard petroleum economic evaluations are performed quickly and with accuracy. We pride ourselves in efficient database structuring and management, as well as straightforward descriptions of complex scenario analyses. Our team is comfortable interfacing directly with a wide variety of auditors and financial institutions.

Mineral Asset Appraisals

Appropriate for mineral owners, such as individuals, trusts, or businesses; property specific assessment/valuation that includes formal documentation for use in buying/selling, tax implications, and estate planning.

Acquisition & Divestiture Valuations

Streamlined examination of data room contents allows our team to evaluate asset packages within the reduced timeframe of acquisition projects. Additionally, due to our experience in this area, we are fully equipped to assist your team in generating content to be included in divestiture packages.

resource eval

Resource

Appraisals

Focus Area Analytics & Statistics

As complex as utilizing Machine Learning techniques or as simple as creating scatter plots, we can quickly organize, visualize, and assess your data in order to make sound business decisions. Our proprietary database of well information compliments your internal data for the development of statistically sound type wells in your area of interest!

Productions Planning/Forecasting

Starting at the individual well level, we forecast production for your entire asset with clearly defined error bars and assumptions, including developed and future properties. Necessary for surface equipment design, appropriate midstream sizing, hedge book development, and asset planning.

Rate Transient Analysis

Applicable to producing wells, we utilize RTA in order to identify flow regimes, estimate drainage area, identify most-likely rock properties, and develop probabilistic models of estimated ultimate recovery to support decline curve analysis.

economic app

Project 

Management

Comprehensive Asset Planning

Ayers Petroleum provides all services and consultation for any or all phases of a project. We take a holistic approach to asset development and scheduling including all departments such as Land, Regulatory, Drilling and Completions, Midstream, and Finance.

Optimization of Business Strategy

Experience in connecting clients and assets with various financial institutions such as private equity firms, banks, and experienced management teams.

Extensive Network of Qualified Consultants

Established relationships with experienced professionals in geology, geophysics, drilling engineering, completions engineering, production engineering, facilities engineering, operations management, and civil engineering. (see my partners)

project man
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software

PHDWin

ComboCurve

Landmark Aries

Whitson+

IHS Harmony

TIBCO Spotfire

Pod2 Validator

QGIS

our partners

cliental

We are committed to the following clients and accepting new clients. 

Penhill Resources

Project Area Type Well

Production Dashboarding & Analytics 

our services

Ayers Petroleum Consulting is a team that can provide accurate and efficient results. We cover a variety of services:

 

Subsurface Consulting

Asset Evaluations

Rate Transient Analysis

Production Management

Artificial Lift Optimization

 

Oil & Gas Appraisals

Reserve Reports

Fair Market Value Mineral Appraisal

 

Appalachian Base Horizontal Well Database

Marcellus, Utica, & Burket Shale Plays​

Monthly Update to Subscribers

Production & EUR Forecasts

clients

Project Area Type Well

Production Dashboarding & Analytics 

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