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Oil and Gas Economic Appraisals

An economic appraisal is an estimation of the expected future value that will accrue during the operating life of a specific oil and gas property. The tools, which will be utilized by the energy consultant, include Financial Statements, Lease Operating Statements, historical pricing trends of commodities and the experience and intuition of the person performing the appraisal. Financial analysis of Lease Operating Statements is a requisite tool in the valuation of the oil and gas assets being studied. Lease Operating Statements provide the energy professional with the historical facts germane to the day-to-day operation and management of the oil and gas assets. The diversified experience of the oil field professionals in Gleason Engineering enables them to quickly identify the those expense items which are necessary to the efficient operation of the wells being appraised.

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