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Inventory & Reserves Management

Services

Accurately defining and managing corporate drilling inventory and reserves is of critical importance to all E&P companies regardless of size.  Through the sophisticated approach of Speers Edge and in-house proprietary software, entire corporate inventories are accurately ranked based on a user-defined economic tiering system.

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Our rigorous non-biased, statistical approach ensures consistent representation of all plays within the corporate portfolio through implementing probabilistic, risked based modelling.  

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Speers Edge institutes an innovative approach to inventory and reserves management through the integration of both booked and unbooked locations into a single, user-friendly, analytical tool.  Detailed analysis can be conducted by all stakeholders throughout the corporation simply with our user defined variables inputs.

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Inventory Analysis

Define entire corporate drilling inventories and manage both booked and unbooked locations with accurate representations and analysis associated with:

 

  • Capital Estimates

  • Commodity Price Sensitivities

  • Geologic Risk

  • Probabilistic Defined Type Curve

  • Value Based Location Designation

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Corporate Modelling

Systematic modelling of corporate growth scenarios through comprehensive investigation, research relating to key variables and attributes including:

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  • Base Decline Forecasts

  • Opex Estimates

  • Capex Estimates

  • Growth Production Forecasting

  • Projection Duration Forecasting

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Year-End Reserves

Increasing both 1P and 2P valuations by providing exhaustive technical evidence and interpretations to 3rd party reserve auditors pertaining to:

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  • Capital Estimates and Analogs

  • Development Schedules

  • Play Specific Maps

  • Type Curves Analogs

  • Volumetric & Recovery Estimates

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