Extreme Petroleum Technology, Inc.     

Petroleum Engineers

  Property Evaluation
 

 

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Extreme has experience performing property evaluations for various clients in the banking and investment industry on oil and gas properties in Wyoming, Montana, and North Dakota. Many of these evaluations have been on coalbed methane properties in the Powder River Basin, including the Wyodak, Canyon, Cook, Wall, and Big George coals.

We use an in-house economics model to calculate cash flows based on the decline of existing production, or by using volumetric techniques to calculate reserves in-place where no production exists, and and base production performance on nearby existing production declines.

Cash flow projections are based on individual wells and summarized to represent the entire property. Reserve reports are provided which explain the calculations and evaluations.

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Copyright © 2004 Extreme Petroleum Technology, Inc.
Last modified: 05/07/04