Oil & Gas Reserve Estimates


At Opportune, we specialize in optimizing your oil and gas reserve estimation processes for accurate and actionable results. Our tailored approach focuses on understanding the intricacies of your assets, assessing your current methodologies, and equipping your team with the necessary tools and expertise to enhance your reserve estimation capabilities. Partner with us to unlock the full potential of your reserves, maximizing value and minimizing risk.

Data Analysis

By leveraging advanced analytics, a wealth of information becomes accessible through the interpretation of complex data sets, identifying patterns and trends. Accurate data analysis is paramount in forecasting production volumes, enhancing operational decision-making, and ultimately maximizing asset value.

Advanced Analytics

With advanced analytics, comprehensive interpretation of intricate data sets becomes feasible, uncovering valuable patterns and trends. These insights are pivotal in optimizing production strategies and enhancing operational efficiencies.

By integrating advanced analytics into your reserve estimation processes, you gain a powerful toolset for more accurate forecasting. This translates into more reliable future production profiles and informed decision-making.

Advanced analytics can increase recovery rates by up to 30%, significantly boosting asset value.

Employing advanced analytics ensures that each data point is utilized to its full potential, ultimately aiding in identifying opportunities and mitigating risks. Leverage these capabilities to achieve greater precision and more robust reserve estimates, thereby securing a competitive edge in the industry.

Pattern Identification

Harnessing advanced data analytics enables precise pattern identification and trend discovery, offering deeper insights into petroleum production and reservoir performance.

  • Trend Analysis: Detecting historical and emerging trends for better forecasting.
  • Anomaly Detection: Identifying outliers and irregularities that could impact operations.
  • Correlation Mapping: Establishing relationships between different operational parameters.
  • Predictive Modeling: Anticipating future production outcomes based on historical data.

Identifying patterns ensures a more accurate and reliable reserve estimate. Companies can optimize workflows and make informed strategic decisions by understanding these patterns.

Reserve Modeling

Our reserve modeling process integrates comprehensive, data-driven algorithms tailored to specific asset characteristics. By leveraging advanced computational techniques, we ensure each model reflects your reservoir's unique geological and operational parameters, maximizing accuracy in predicting future production profiles.

Incorporating cutting-edge tools like probabilistic modeling and decline curve analysis, we provide robust simulations that can withstand scrutiny from both technical and economic perspectives. This meticulous approach allows for the creation of high-fidelity models that facilitate informed decision-making and resource optimization, ultimately enhancing the value and longevity of your reserves.

Tailored Models

Our reserve models are customized to correspond with your unique assets and operational parameters, maximizing predictive accuracy and reliability.

  • Asset-Specific Design: Models are tailored to reflect your assets' distinct geological and operational characteristics.
  • Advanced Computations: Utilize sophisticated computational techniques to achieve high-fidelity simulations.
  • Probabilistic Analysis: Incorporate probabilistic methods to account for uncertainties and improve forecast reliability.
  • Decline Curve Analysis: Employ decline curve analysis to provide nuanced insight into production trends.

These customized models meticulously account for all variables and uncertainties. This approach enhances decision-making, resource management, and, ultimately, the economic value of your reserves.


Proven Reserves & Cumulative Production

Understanding your proven reserves and cumulative production is essential for effective reserve estimation and asset management.

  • Proven Reserves Assessment: Evaluate your proven reserves to determine their size, quality, and economic viability.
  • Cumulative Production Analysis: Analyze historical production data to assess reservoir performance and optimize production strategies.

By incorporating proven reserves and cumulative production data into our reserve estimation processes, we provide a comprehensive view of your asset's potential, enabling informed decision-making and strategic planning.


Texas & New Mexico Resources

Our expertise extends to the rich oil and gas resources of Texas and New Mexico, two of the most prolific producing regions in the United States.

  • Texas Oil & Gas Consulting: Provide specialized consulting services for oil and gas companies operating in Texas, leveraging our deep understanding of the region's geology and regulatory environment.
  • New Mexico Oil & Gas Consulting: Offer tailored consulting solutions for oil and gas operators in New Mexico, utilizing our extensive experience in the state's diverse geological formations and production techniques.

Whether operating in the Permian Basin, the Eagle Ford Shale, or any other basin in Texas, New Mexico, or beyond, our team has the expertise and local knowledge to support your reserve estimation and optimization efforts.

Risk Assessment & Regulatory Compliance

Understanding uncertainties and complying with industry regulations are critical for reserve estimation and asset management.

  • Risk Assessment: Identify and quantify risks associated with reserve estimation, including geological uncertainties, operational challenges, and market fluctuations.
  • Regulatory Compliance: Ensure compliance with industry regulations and reporting standards, minimizing regulatory risks and ensuring transparency and accountability.

By conducting thorough risk assessments and adhering to regulatory requirements, we help mitigate potential challenges and safeguard the integrity of your reserve estimates. This enables you to make informed decisions and achieve long-term success in the crude oil and natural gas industry.

Let us help you elevate your reserve estimation practices and unlock the full potential of your crude oil and natural gas assets. Contact us today to learn more about how we can support your business objectives and drive sustainable growth.