Oil & Gas Appraisals

  • Evaluations of Oil and Gas Properties
  • Leasing costs adjacent to production trends and the current off-setting activity by other operators
  • Determine Current Production and Decline Curves (build type curves for all reservoirs)
  • Hydrocarbon Phase Windows definition  (Oil-Natural Gas Liquids-Natural Gas).   Economic window definition to current commodity markets.
  • Determine Original Oil and Gas in Place (OOIP) vs. remaining recoverable hydrocarbons and economics of development or finding fees in new prospects.

Improve the Return on Investment and Rate of Return from Oil and Gas Properties and Working interests of Clients

Independent Engineering and LOE for Oil and Gas Properties.

Legacy Oil Investments has extensive experience in the evaluation of Oil and Gas Properties (Producing & Associated).   Our appraisers are excellent evaluators  with current state and federal regulations.  We have a good relationship with regulatory agencies like the Oklahoma Corporation Commission, and any new regulatory information and drilling procedures for the Mid-continent Arena, specifically New Mexico & Oklahoma.   Geologic analysis determines fair market value of properties, we look for valuation of the properties.  The engineering team works in conjunction with the Geosciences Department to evaluate the rock properties and determine the best way to extract hydrocarbons from the reservoir.
 

Woodford Thin Analogy

Example Woodford Prospect

The appraisal of oil and gas properties can be challenging, requiring the expertise of geologist, engineers and others with oil field industry experience.  Oil and gas appraisers have a unique set of skills that cover a wide range of knowledge in geology, engineering, finance and appraisal activities and procedure.   The Legacy team is made up of degreed professionals that can work in concert to develop "Blue Chip" prospects and analysis.

 

Legacy Oil appraisers have specialized experience in mineral development including geologic formations, field operations well permitting, lease documents, development plans, production forecasts, capital and operating expenditures.  

Current production, CAPEX, and a keep or exit strategy based on pricing and the current oil business models with a base ROR of 30%  or greater. 


Our oil and gas appraisal teams have been used for a broad range of purposes: 

  • Oil and gas royalty interests
  • Acquisition and divestiture
  • Estate planning
  • Field evaluation
  • Debt and equity financing
  • State and Federal Regulatory Compliance and Testimony
  • Drilling Operations 


 


Woodford Analogy Prospect 

Offering Independent Appraisals

Legacy Oil has expert witnesses to provide testimony as part of oil  property settlements and litigation procedures.

Additionally, Legacy has seasoned witnesses in front of County District Courts, and the Oklahoma Corporation Commission (OCC).

We also provide assistance in reviewing proposed leases to help assure the most favorable terms.

Independent Appraisals

Legacy Oil has expert witnesses to provide testimony as part of oil  property settlements and litigation procedures.

Additionally, Legacy has seasoned witnesses in front of County District Courts, and the Oklahoma Corporation Commission (OCC).

We also provide assistance in reviewing proposed leases to help assure the most favorable terms.