Volumetric Analysis

Volumetric Analysis is an independent verification of production volumes. The verification process is comprised of a triple verification procedure utilizing PCI developed formulas and processes. Data gathering includes all production and test data from the producer, royalty owner, state and federal sources. The analysis is performed on a per well basis calculated daily. Historical audits encompass the current year analysis and the three (3) proceeding years of production. The volumetric analysis provides the foundation for determining the value of a well's performance. In addition, the analysis identifies any milling or incongruous data and provides the basis for establishing trend analysis. Historical audits provide an in-depth view of the well's health and performance over a longer period of time thereby increasing the accuracy of the database and projection models.

The Volumetric Analysis is an independent verification of production volumes. The verification process is comprised of a triple verification procedure utilizing PCI developed formulas and processes. Data gathering includes all production and test data from the producer, royalty owner, state and federal sources. The analysis is performed on a per well basis calculated daily. Historical audits encompass the current year analysis and the three (3) proceeding years of production. The volumetric analysis provides the foundation for determining the value of a well's performance. In addition, the analysis identifies any missing or incongruous data and provides the basis for establishing trend analysis. Historical audits provide an in-depth view of the well's health and performance over a longer period of time thereby increasing the accuracy of the database and projection models.