Bayphase

Established in 1986, we work for International Oil Companies, National Oil Companies, Banks, and others involved in Oil and Gas Investment. Our primary focus is the development of reserves determinations and valuations for oil, non-associated gas and gas condensate fields, the implementation of integrated geological and reservoir modelling of oil and gas field performance and field development planning.  

Much of this work is done on an INDEPENDENT  basis which means we can provide a view of these crucial areas that is not influenced by ownership or other commercial  interests. This is a very important consideration when seeking to raise finance or to perform some other commercial transaction associated with an oil and gas property.

In carrying out our reserves determinations we tend to adopt the Petroleum Resource Management System; that said we have fully familiarity with rules set by various stock exchanges around the world and unusually for a western consultancy we have an intimate knowledge of the reserves classification code adopted by the countries of the Former Soviet Union. 

In carrying out our work we often deploy our team of geophysicists, geologists, reservoir engineers, facilities engineers and economists in an integrated team to perform a reserves determination, construct a field development plan or implement a study; see our Oil and Gas Consultancy site for further details.

In addition we sell a range of reports designed to assist those involved in oil and gas exploration and exploitation; see our Oil and Gas Reports site for further information. 

Also we are currently making our NetCo$ter in-house cost estimating system more widely available through a staged commercialisation process see our Oil and Gas Costs site for further information.

Bayphase strives to deliver fully quality assured products in all of its business areas and is an ISO 9001 registered firm