Reserves & Resources Reporting

The success of a company depends upon the outcome of its decision-making. Companies engaged in the oil & gas industry make decisions in part based on the advice of their subject matter experts and, when it comes to monetizing reserves and resources, those subject matter experts must be well-versed in the appropriate evaluation procedures and reporting guidelines/rules. Management needs to understand the range of uncertainty associated with project-based decision-making in order to efficiently manage their asset portfolio. It is necessary that the advice provided to management be free from bias and able to withstand technical scrutiny.

Keystone acknowledges the trust management places in, and the honesty expected of, an objective reserves and resources report.

The Keystone report will present a summary of findings by a Qualified Reserves Evaluator which may include independent estimates of a client’s petroleum initially in-place, Reserves and/or Resources quantities, production forecasts, associated cash flow analyses, geological/petrophysical interpretation, development options, and other information pertinent to the client’s decision-making process.