PetroTel can conduct resource assessments and reserves audits that meet SPE PRMS standards. We are also well versed with regional reserve classification systems.
PetroTel will conduct a review of available geologic, geophysical, petrophysical, engineering and economic data for each asset. Hydrocarbon-in-place and risked recoverable resources will be calculated based on the most likely scenarios after mapping and petrophysical exercises. Analysis of project capital and operating expenditures will be carried out for each concession as per available data. Financial valuation can be determined incorporating development of the asset resources.