As a petroleum consulting firm, CG&A reviews and evaluates hundreds of thousands of oil and gas properties on an annual basis worth billions of dollars. Our clients include oil and gas companies, financial institutions, midstream/pipeline companies and individual investors. With diversified experience in oil and gas producing properties throughout North America and around the globe, CG&A’s proficient team of reservoir engineers and geologists integrate geological, geophysical, engineering and economic data to produce high-quality reserve estimates and economic forecasts.
Cawley, Gillespie and Associates, Inc.
Capabilities
Engineering
- Texas Professional Engineering Firm (F-693)
- Talented staff of Petroleum Engineers, Geologists, Technical Analysts, Economists, and Software Developers
- Ability to pool resources from each office to prepare the best team for your project
- Access to third-party experts and services for special projects
- Deep experience in SEC, SPE-PRMS and COGEH reporting
- Direct relationship with key SEC auditors
- Regularly attend data rooms and assist clients with acquisitions and/or divestitures
- Approached by all major banks, key regional banks, and private equity firms
- Putting our clients first, since 1961
Geoscience
- Analyzing wireline logs, mud & drilling logs, cores & core data
- Subsurface interpretation and mapping
- Structure, isopach and pore volume maps
- Stratigraphic and structural cross-sections
- Lithologic interpretation and facies distribution
- Seismic interpretation and mapping
- Reservoir characterization & geostatistical analysis
- Volumetric reserves estimation
- Basin and/or field geological studies
- Unconventional reservoirs (coalbed, shale, tight sand, heavy oil)
Economics
- Economic evaluation of petroleum properties
- Report preparation for sales, acquisitions, mergers, estate & financing obligations
- Fair market value determinations
- Stock exchange filings (e.g. SEC filings & IPO evaluations, Canadian NI 51-101)
- Probabilistic evaluations
- Product pricing and hedging sensitivities
- Commercial parameter estimations through LOS, plant product statements and check stub analysis
Reserve Reporting
- Classifying and quantifying reserves & resources, and determining associated net present value.
- Reporting can be a formal certified CGA reserve report or an audit letter commenting on the merit’s of other work
- CGA does the heavy lifting… data gathering, organization, filtering and analysis
- Aries or PhDWin database build out from scratch or modifying existing database
- CGA reports are prepared in accordance with the most appropriate industry reserves and resources guidelines…
- SPE-PRMS – 2007 Petroleum Resources Management System (PRMS) approved by the Society of Petroleum Engineers (SPE)
- SEC – U.S. Securities and Exchange Commission (SEC) Regulation S-X Rule 4-10(a)
- COGEH NI 51-101 – Canadian Oil and Gas Evaluation Handbook (COGEH), as prepared by SPEE (Calgary Chapter) and Canadian Institute of Mining, Metallurgy & Petroleum (Petroleum Society)
Acquisitions & Divestitures
- Travel to data room and gather pertinent details from the seller’s technical staff
- Prepare detailed data requests for critical data not supplied
- Provide early commentary to our clients on project viability and evaluation plans
- Prepare an independent reserves and economics evaluation, with varying levels of effort
- Full-scale evaluation with extensive geosciences and engineering efforts
- Scaled-down evaluation, auditing seller work product for reasonableness
- As needed, dive deeper to look for missed opportunities (find value) or to risk overcalled or aggressive components
- Prepare sensitivity evaluations as per client requirements
- Pricing and escalation sensitivities
- Probabilistic reserve estimations
- Re-schedules of capital expenditure timing
- Assist client with bid price and due diligence as needed
Resource Studies
- CG&A regularly prepares volume-oriented field studies and basin analyses for investors and midstream clients
- Our midstream clients include owners of pipelines, gathering systems and processing plants
- Our expert technicians can investigate and determine the appropriate producing wells feeding a gathering system to allow for proper base volume modeling
- We often assist with Joint Ventures, working with the producer and the gatherer to assess volumes and proper valuation metrics
- We study localized regions or entire basins for clients that want to understand drilling trends, average well type curves, economic break-even analysis, and future volumes.
- We can deliver a flexible and user-friendly volume model in spreadsheet form that will allow you to easily adjust drilling schedules, type curves and apply risk factors
Strategic Energy Procurement
As energy markets grow more complex and volatile, procurement must go beyond cost, it must be strategic, risk-adjusted, and value-driven.
CG&A integrates its expert reservoir engineers, geoscientists, and power professionals with best-in-class power partners to deliver the necessary expertise, innovative strategies, and results-driven solutions across the energy sector.
By integrating exclusive data, in-house expertise, and strategic power partnerships, we craft tailored, risk-adjusted procurement strategies that mitigate operational, regulatory, and market volatility to drive resilience and long-term value.
In collaboration with our power partners, we deliver:
- Load monetization & demand response
- Tax & tariff optimization
- Economic modeling & advanced budgeting
- Hedging solutions & data-driven energy analytics
