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.
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
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.