Evaluate production
Review production history, well age, downtime, and decline behavior. Select comparisons that account for geology, spacing, and depletion.
For mineral & royalty owners
Get a reservoir engineer’s assessment of the income, development assumptions, and uncertainties behind your interest’s value.
Start with the location and a few details. Scope, fee, and availability are agreed before work begins.
The first review
For owners with an offer in hand who want to understand what the number is assuming.
We confirm the properties, records, work, and fee with you first. Submitting an inquiry does not create an engagement or a charge.
For eligible, focused reviews after complete documents and an agreed scope and fee. Availability and delivery timing are confirmed before you commit.
Modeled cash-flow value is not a guaranteed sale price or a title opinion. Complex records or additional properties may require a broader scope.
The engineering method
Appropriate analogs, realistic forecasts, and visible assumptions make an assessment useful. The report explains the technical choices and the limits of the evidence.
Review production history, well age, downtime, and decline behavior. Select comparisons that account for geology, spacing, and depletion.
Keep producing income distinct from potential development. Show timing and other assumptions without treating future drilling as certain.
Compare the offer with stated scenarios. Explain the sensitivities, records needed, and questions worth resolving before you decide.
A judgment you can examine
Our fictional sample shows how using analogs with comparable depletion exposure changes a development scenario. Every input and calculation is available to inspect.

Experience across major U.S. producing basins.
The engineer behind the review
Founder & Reservoir Engineer
More than a decade in reservoir engineering, from a major operator to private-equity-backed energy investment.
Wally spent seven years at ConocoPhillips, one of the largest publicly traded U.S. exploration and production (E&P) companies. He then spent four years as Reservoir Engineering Manager at private-equity-backed UpCurve Energy.
At Phoenician Royalties, that experience informs the questions behind an owner’s decision: which wells support the forecast, how spacing and depletion affect performance, and what future development would need to occur.
Other review needs
Multiple properties, more detailed development scenarios, or a wider decision. We agree the analysis and fee around your records and objectives.
Request a custom scope ↗Technical diligence questions, organized records, and comparisons of buyer proposals. Availability, responsibilities, and any outside specialists are agreed separately.
Discuss transaction support ↗Start with what you know
Exact acreage, an ownership decimal, and technical forecasts are not required for this first step.
This form does not accept documents. Keep tax IDs, banking details, account numbers, and confidential records out of the summary.