Expertise that Goes Further

Economic Model Construction and Advisory for the Oil & Gas Company operating in UKNS

Construct an economic model that reflects technical inputs, fiscal terms and cash flows to value the oil & gas asset and assist in analysis and decision-making.


Cross Border Fields Development Study

Two giant oil fields that straddle the international border of Iraq and Kuwait and had been developed separately. In 2019, ERCE was appointed to outline the technical and legal mechanisms for the clients to develop and invest in these oilfields.


Static Model Build of Complex Brownfield, Offshore Australia

ERCE built a static model of the Wandoo oil field in offshore north-western Australia to incorporate new infill wells


Geosteering Extended Reach Wells in Thin Oil Columns

Geosteer four new extended reach lateral boreholes within the producing Wandoo oil field, offshore north-western Australia


Oil and Gas


From the world’s most challenging environments to game-changing insights – we continue to energise projects in more than 50 countries and counting.

Reserves and Resources

Trust Built on Decades of Experience

Over 40 years of global experience and technical expertise have made our Reserves and Resource reports a benchmark for international disclosure.

We are trusted by everyone from Reserve Bank Lenders to Portfolio Managers to objectively asses the value of activities.


  • Annual and/or Public Reserves and Resources reporting
  • Competent Person reporting
  • Bond Issues
  • Reserves Based Lending
  • Portfolio Management
  • Emissions Auditing
  • CCS SRMS Auditing
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Commercial Services

Timely Information Supporting Critical Decisions

We deliver integrated analysis from our geoscience and engineering teams, combined with financial insights of our specialist economists.

This allows us to provide trusted answers under tight timelines. We are here to add value and secure futures.


  • M&A support
  • Independent Audit and Evaluation of Reserves and Resources
  • Asset Valuation
  • Scenario Planning & Cash Flow Analysis
  • Fair Market Valuation
  • Defence Documents
  • Facilities and Decommissioning assessment
  • Decarbonisation
  • Sensitivity Modelling of Market Conditions
  • Economic Modelling & Fiscal Expertise
  • Reserves Based Lending
  • Conceptual Field Planning & Cost Estimation
  • Emissions Advisory

Expert Services

Expert from the Field to the Courtroom

Our outstanding reputation as an independent Expert is based upon our ability to combine in depth technical and commercial evaluation, with industry and procedural knowledge, and on-the-stand experience that is second to none.

Our informed opinion is relied upon by Governments, Courts, Arbitration Panels, and some of the world’s largest energy companies, to enable them to move forward with confidence.


  • Unitisation & Redetermination
  • Expert Witness in Arbitration
    and Court Proceedings
  • Advisory for Unitisation
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Technical Services

Studies That Go Above and Beyond

Our technical and economic expertise is borne from challenges unearthed with every project, innovative technology, or new business idea. Our diverse team draws from what we know, while being open to the expanding possibilities of fresh ideas.

Our goal is to extract the greatest value and the brightest future possible.


  • Static & Dynamic Modelling
  • Seismic Interpretation
  • Depth conversion
  • Rock Physics
  • Integrated regional basin analysis
  • Structural & kinematic modelling
  • Fracture modelling
  • Petrophysics
  • Integrated well analysis/correlation studies
  • Well test analysis
  • Field development planning and development scenarios
  • Economic modelling
  • Facilities and cost estimation
  • Decommissioning
  • Data rooms
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Oil and Gas Analytics

Our Insights into the Energy Sector and the Trends Driving the Market

As we all know, the energy sector is a constantly evolving industry and prices are ever-changing. To keep you in the picture, we regularly review oil and gas prices and watch the global macro indicators that influence these trends.

We frequently update our in-house oil price decks and review oil price assumptions presented by other petroleum consultants and analysts. These are reported in our quarterly oil price review which is available for download.