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Services
Three Peaks Engineering provides a wide range of petroleum reservoir engineering services. We utilize ARIESTM software for reserve forecasting and economic analysis. Our services include:
• Estimation and classification of petroleum reserves and resources using:
- Volumetric calculations
- Material balance methods
- Decline curve analysis
- Log analysis
- Analog performance data
• Forecasting of production, prices, expenses and cash flow to determine net present value
• Economic evaluation and sensitivity analysis for:
- Reserve reports and updates
- Acquisitions and divestitures
- Bank loan reports
- Tax and estate plans
- Drilling prospects (including risk analysis)
- Equity determinations
- Secondary recovery projects
• Analysis of vertical and horizontal well performance to optimize well density, completion methods, and stimulation techniques
• Study of field performance to identify workover candidates, recompletion potential, and development and exploratory drilling potential
• Evaluation of AFE submittals, lease requests, farmout requests, purchase proposals, unitization plans, and pooling proposals
• Generation of type curves based on well performance
• Generation of structure and isopach maps to calculate reservoir volumes