Independent Reserves Reporting


Independent reserves reporting is crucial for upstream corporate governance, compliance disclosures, and capital fundraising. Asset managers need to rely on third-party engineers who are objective, independent, technically qualified, and credible. Our team has extensive experience in preparing in-house and third-party reserves reports for public and private companies, and our reports are trusted by large multinational financial institutions, as well as local and regional ones.

What sets us apart at RED is our responsiveness and transparency. We work closely with our clients to generate high-quality reserves reports that meet critical deadlines, and we document our results in a thorough manner that allows recipients to fully understand how our estimates were prepared.

Our engineers are recognized experts in the industry, having been accepted into membership and elected to leadership positions in the Society of Petroleum Evaluation Engineers (SPEE). We hold petroleum engineering licenses in Texas and Pennsylvania, have chaired the SPEE's "Annual Survey of Parameters Used in Property Evaluation," and are currently co-authoring SPEE's Monograph 5, "The Practical Application of Type Well Profiles."


Steve Hendrickson

Steve Hendrickson

President of Ralph E. Davis Associates
John Beaird

John Beaird

Vice President of Ralph E. Davis Associates
John Harris

John Harris

Managing Director

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When you choose Opportune, you gain access to seasoned professionals who not only listen to your needs, but who will work hand in hand with you to achieve established goals. With a sense of urgency and a can-do mindset, we focus on taking the steps necessary to create a higher impact and achieve maximum results for your organization.

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