Environmental, Resource, and

Sustainability Consulting and Contracting

Since 1990

Clearwater Group 1990-2017 Copyright

​​​​​Clearwater Group


East Bay Office: (Main Office)
229 Tewksbury Avenue
Point Richmond, CA 94801 USA


North Bay Office:

777 Grand Avenue; Suite 205

San Rafael, CA 94901 USA

CONTACTS:

Main Number: +1.510-307-9943

Fax: 510-232-2823


Olivia P. Jacobs

Mobile:     +1.510-590-1099
Email:
oj@clearwatergroup.com

James A. Jacobs

Mobile: +1.510-590-1098 
Email:
jjacobs@clearwatergroup.com 


Clearwater Group performs appraisals for oil and gas royalty interests, production operations, acreage and resources, for valuation and estate planning purposes. In addition to the production declines and production rates, the issue of environmental liability and well destruction are important to assess prior to the production purchase.  Below is a general scope of work that might be performed during an oil and gas field evaluation:


TYPICAL SCOPE OF WORK
Develop a site history;


Develop a full inventory of all production, as well as royalty payments to others, based on the seller’s information and County or State records, as available.  

Determine production decline curves based on operator records and field production averages;

Determine the general condition of the facilities and property by a site inspection;

Develop cost ranges for environmental liabilities, such as oil leakage near production equipment or pipelines, if present;

Determine cost ranges for well abandonment, if needed; and

Determine value of production based on 3 different valuation methods and prepare a report with the findings.


BACKGROUND

The Auger Group, Inc. dba Clearwater Group performs oil and gas lease appraisal, cost allocation studies, due diligence, and other evaluations. The firm was incorporated in California in 1990 with offices in Point Richmond, California and San Rafael, California.

Figure above,: By unknown US Government employee - U.S. EPA. Assessment of the Potential Impacts of Hydraulic Fracturing for Oil and Gas on Drinking Water Resources (External Review Draft). U.S. Environmental Protection Agency, Washington, DC, EPA/600/R-15/047, 2015., Public Domain, https://commons.wikimedia.org/w/index.php?curid=40718645