These new wells have vastly different production curves and reserve estimates compared to established sand formations. From the Eagle Fords Shale in Texas to Pennsylvania's Marcellus Shale, our engineers and appraisers specialize in both new and established production across the U.S.
Hydraulic fracturing techniques allow for production from huge reserves previously untapped. Many of the new shale formations have impressive short-term production compared to the age-old production in fields like the Permian Basin where secondary and tertiary carbon dioxide and water flooding techniques are utilized.
At Capitol Appraisal Group, our petroleum engineers and geologists consistently provide spot-on appraisals for all manner of oil and gas recovery.