Announcing a unique collaboration to assist financial institutions with operating oil and gas assets

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Eureka Energy Advisors and H.J. Gruy and Associates, Inc., recognized energy industry providers, have launched a synergistic oil and natural gas operations group, functioning as an integrated team. The partnership was created to provide the essential support needed to operate and manage economically distressed assets until a favorable divestiture is achieved.

Scalability and adaptability are built into the group’s established, multi-step process to address assets of varying size and scope.  Once a specific project is identified, a customized strategy and procedural plan are tailored for the asset.

Together, this association provides all the necessary skills, resources, and experience to implement a successful and beneficial program to operate and manage oil and natural gas properties until a divestiture is completed.

Eureka Energy Advisors provides project management expertise in multidisciplinary field operations and strategy development including drilling, well control, completions, workovers, production, safety and administration, and environmental.

H.J. Gruy and Associates provides SEC and PRMS reserves evaluations, economic forecasting, analytical modeling, integrated field studies, reservoir engineering, geology, geophysics, LiDAR, and petrophysical analysis. 

Eureka Energy Advisors and H.J. Gruy and Associates, Inc. are registered engineering firms.

Contact us for more information about how we can help you navigate the operations-to-divestment path.

 

Taking over Operations?

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What happens if you are a banker or private equity investor, and you find yourself
in possession of oil and natural gas properties? What if you are the operator? The
prospect of taking over operations should not be the nightmare keeping you
awake at night.

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Considerations When Deciding to Shut-in O&G Wells

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Multiple aspects should be considered when deciding to shut in production.

Given the current industry conditions, many operators are facing the tough decision of whether to shut in their wells. There are many things to consider when deciding which wells to shut in, what measures can be implemented if I shut in the wells, and what procedures do I follow when I am ready to bring the wells back to production.

Check out this white paper from Holli Cramm, P.E.

Eureka Energy Advisors Expands Its O&G Offerings

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Eureka Energy Advisors LLC was formed late spring of 2019, focused on providing Subject Matter Expertise to a select client base.

A year later, Eureka Energy Advisors is now able to extend its services to the greater Oil & Gas industry as a fully insured and registered Professional Engineering firm in the state of Texas.

Eureka Energy Advisors know operators are crowded by a fast-paced business environment and cramped by narrow margins. We know today’s major service providers have shifted to a “menu driven, play-book solution” type strategy that has become the industry standard.

For the operator who can benefit from strategic application of Subject Matter Expertise without the expense of the full-time head count, the Eureka Energy Advisors team encompasses the capabilities of execution of upstream development projects to Brownfield production optimization through to the end of life of the reservoir.

For a more specialized engagement, Eureka Energy Advisors offers technical help to effectively address those situations that aren’t normal, ordinary, or “play book”. Our staff has decades of experience finding answers to tough questions that don’t fit the industry standard and aren’t on the drop-down menu because our SME’s have decades of “hands on” experience acquired at the wellhead covering drilling, completions, frac/well stimulation, modeling, and well control, to name a few. Providing uncommon experience for the resolution of unplanned events is one of the strengths of the firm.

Engaging technical expertise when you need it, and only when you need it, can be a huge competitive advantage over companies carrying headcount to address the occasional operational challenge.

If you need assistance or just want a different perspective, give Eureka Energy Advisors a call.

Carl J. Cramm, P.E.
President – Eureka Energy Advisors

24Hr contact – 832-817-7582
[email protected]