Sproule has a 65-year legacy of driving value for clients through independent, expert technical and commercial analysis that helps professionals in the oil and gas sector make better business decisions - decisions that build sustainable prosperity from resource assets.
Sproule are anchored by deep geoscience and engineering expertise and a strong commercial understanding of energy markets and policy requirements. the company helps exploration and production companies, financial institutions and governments minimize risk and optimize business decisions. From accurately characterizing subsurface opportunities, to increasing shareholder confidence through independent economic evaluations of oil and gas reserves, to providing regulatory policy guidance to support economic growth, Sproule are helping clients build sustainable value. Their advisory services support development planning and investment opportunities. Sproule also offers courses designed for energy professionals, enabling organizations to build scale and capacity.
A reserves evaluation is the basis of understanding reserves volumes. It entails estimating commercially and technically recoverable volumes of petroleum from an asset with known accumulations of oil and gas. Sproule’s consultants have extensive experience with classifying reserves reflecting the uncertainty range of a given asset according to accepted industry standards, such as SPE-PRMS, COGEH or SEC. Sproule’s independent reserves certification consultancy team is respected and recognized as among the most authoritative in the industry by IOCs, NOCs, Independents, financial players and regulatory authorities.
Whether securing financing for development plans or finding the right investment opportunity, Sproule’s independent experts have an established track record in advising organizations on mergers and acquisitions, technical due diligence and fair market valuations.
Using the latest technologies and techniques, Sproule experts can help you transform opportunities into cost-effective production. Their professionals can address the most pressing geoscience and engineering challenges facing decision-makers today. Services include:
- Petrophysical Interpretations
- Static Geological Modelling
- Geostatistical Analysis
- Dynamic Reservoir Modelling/Simulation
- Resource Play Assessment
- Exploration & Basin Assessment
- Gas Storage Screening & Optimization
- Surface Network & Facilities Optimization
Reducing capital costs and optimizing returns in a low commodity cycle can be challenging for many operators. Sproule's qualified, experienced and independent, geoscientists, engineers, land and accounting professionals provide turnkey asset management services that can help. Services include:
- Oil and Gas Asset Management
- Land Management
- Operational Due Diligence
- Liability Management Rating (LMR) Advisory
- Field Operations
- Abandonment & Reclamation
- Accounting Administration