Engineering Services
Our services are extensive, including SEC and PRMS reserves evaluations, economic forecasting, analytical modeling, fair market values, integrated field studies, reservoir engineering, site inspection, subsurface mineral evaluation, restructuring and operating support, fugitive GHG well-head emission insight, and litigation support.
Greenhouse Gas Emissions
Verde Analytics provides a wide variety of Greenhouse Gas focused services including independent GHG emission estimates, assurance audits (reasonable or limited opinions, and reviews), well-site fugitive leak inspection, reconition, and mitigation, forensic engineering, and Carbon Credit analyses.
Decades Serving the Energy Industry
Our staff has consulted to major integrated energy companies, independent oil and gas producers, Carbon Credit marketplace participants, government agencies, banks, private equity firms, venture capitalists, and attorney groups. Annual reserve reports, performed by our engineers, for our client's public filings, are accepted by the U.S. Securities and Exchange Commission, and economic projections for asset evaluation or reserve-based financing are accepted by financial intitutions worldwide. Our staff has completed contracts for Domestic and International Governmental Agencies.
Furthermore, our engineers have significant experience in fugitive GHG emission analytics, GHG emission measurement protocols, and Carbon Credit reviews including assessment of Additionality and Permanence.
Our Professionals
Our professional engineers are licensed by the Texas Board of Professional Engineers and Land Surveyors, and all have decades of industry experience completing complex and challenging assignments.
Engineering
Our engineers possess considerable experience in applying reservoir and field analysis techniques, including the routinely applied performance trend extrapolations, material balance, and secondary recovery forecasting procedures. We apply these methods when other more extensive and time consuming approaches are not economically or technically justified. When needed, we use full-scale numerical reservoir simulation models, probabilistic models, and nodal analysis software to answer complex questions. Our engineers provide expertise in commodity production forecasting for subsurface accumulations of hydrocarbons, brine, and valued in situ minerals.
Greenhouse Gas
Our engineers have experience in analyzing and measuring fugitive methane release from orphaned, inactive, and marginal producing oil and gas wells. Furthermore, we have experience in creating protocols for determing the amount of CO2e attributable to fugitive emission mitigation and marginal well plugging. Our capabilities include Scope 1, Scope 2, and Scope 3 Greenhouse Gas emission recognition, and construction of numerical engineering models tailored to specific situations, such as gas processing facility GHG emission. We also provide review of carbon credits to analyze the additionality and permanence of the credit basis.
Analytics
Our analysts collect and compile pertinent information to support practical, data-driven foundations for the approach we take in economic forecasting, analytical modeling and field operating expectations. The goal is to arrive at reasonable conclusions by answering questions about historical industry activities and time-sensitive trends currently impacting the oil and gas business. The insights derived from those answers reflect both a high-level understanding of the business and the practical limitations that exist. The resulting judgments and business metrics are then applied to our client's forward looking projects.
