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Nordmeyer Inc. is the successor to Frazier & Nordmeyer Inc., a 25 year old company providing Production Engineering Services to the Petroleum Industry.
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Experience has shown that approximately 20% to 30% of oil and gas wells are
not producing to their potential.
The majority of these wells are economically viable candidates for intervention.
Current Energy Prices:
Bloomberg.com
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| What do we do? |
- Determine which oil and gas wells are not producing to their potential.
- Develop economically attractive intervention procedure to restore well to produce at potential.
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| How do we do it? |
- Review well files, drilling and work over reports, logs, pressure transient analysis,
production history, production tests, reservoir pressure history.
- Analyze data.
- Prepare and present report of under-performing well(s).
- Suggest diagnostic test(s) and logs to define uncertain data.
- Forecast future production with effects of under performance removed.
- Forecast risk weighted cash flow.
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| How do we get paid? |
- Consulting Hourly Rate only.
- Percentage of value of incremental production only.
- Combination of Consulting Hourly Rate + Percentage of value of incremental production.
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