Oil and Gas Appraisals
Oil and gas appraisals are becoming more and more valuable as a result of recent developments in the world-wide oil and gas arena. These developments have had a dramatic effect on the domestic market, making oil and gas appraisals even more necessary. Prospective oil & gas properties have experienced renewed interest while producing properties have realized unprecedented prices, causing both operators and royalty participants to benefit from oil and gas appraisals. With on-going domestic exploration affecting properties that until now have had little interest or activity, oil and gas appraisals make more sense now than ever before.
An oil and gas appraisal helps those that quite often hold a royalty interest in a producing property with little knowledge of the oil & gas industry. These owners are usually at the mercy of the entity in charge of extracting the oil and gas. An oil and gas appraisal assists an estate settlement resulting from death, divorce or future planning, which often include royalty interests. An oil and gas appraisal properly values these sub-surface interests, which is often a difficult task.
O’Connor & Associates has a broad range of oil and gas appraisal skills that include oil & gas properties. Our range of experience in oil and gas appraisals includes the ability to value producing, probable non-producing, and undiscovered properties within the lower-48 states. Our multi-faceted approach to oil and gas appraisals includes discounted cash flow analysis, sales comparison analysis and cost/replacement methods. We are up to date in the latest oil and gas appraisal methods and procedures through the attendance of continuing education programs through such nationally-accredited institutions as the University of Tulsa. Our contacts with experts in the oil and gas industry such as Gustavson Associates (a nationally recognized oil & gas consulting firm) assure us access to a wide range of oil and gas appraisal partners, should the need arise.
Call us for a professional oil and gas appraisal of your needs. We are confident that we will more than meet your high standards for accuracy, reliability and knowledgeable service.
To obtain a quote or further information for a Oil and Gas Appraisals, contact Joe Provenzano or Carl Thornton at 713-375-4300, 1-800-856-7325 x 4300, or fill out our online form.
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