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{{Infobox company
'''Gaffney, Cline & Associates''' (GaffneyCline) is a petroleum consulting company headquartered in Alton, the United Kingdom, with offices in London, Houston, Singapore, Buenos Aires, Sydney and Moscow.
|name = GaffneyCline
|parent = [[Baker Hughes]]
|foundation = 1962
|industry = Energy
|services =
* Resource assessment & development
* Policy & commercial advice
* Gas & LNG
* Refining & petrochemicals
* Carbon management & energy transition
| hq_location_city = [[London]]
| hq_location_country = [[United Kingdom]]
|num_employees = 100+
|homepage = {{URL|www.gaffneycline.com}}
}}


'''GaffneyCline''' is a global consultancy in the energy sector, providing techno-commercial advice to clients that include energy producers, financial institutions, governments, etc. GaffneyCline is an independent wholly-owned subsidiary of [[Baker Hughes]].
⚫
GaffneyCline was founded in 1962. Since 2008, it has been a subsidiary of [[Baker Hughes]].<ref name=oilvoice170408>

⚫
One of the notable functions of GaffneyCline, along with similar petroleum industry consultants such as [[DeGolyer and MacNaughton]], [[Netherland, Sewell]], [[RPS-APA]] and [[Ryder Scott]], is to provide third-party verification and/or valuation of oil and natural gas reserves - typically 1P [[proven reserves]], but also 2P probable reserves and 3P possible reserves - for company [[annual report]]s and [[SEC filing]] 20-F.<ref>Michael D. Tusiani, Gordon Shearer ''LNG: A Nontechnical Guide'' 2007 p313 "Producers dedicate specific natural gas reserves that are certified by an internationally recognized third party, such as DeGolyer and MacNaughton, GaffneyCline, or Netherland-Sewell."</ref> In addition to commercial and technical studies in the oil and gas sector, GaffneyCline has expertise in Carbon Management, more specifically [[CCUS]], [[hydrogen]], carbon intensity estimation and abatement.

== History ==
Peter Gaffney and Ben Cline, both petroleum engineers working in oil and gas in South America, found they both shared a dream to have their own consultancy. They believed that the oil and gas industry could benefit from independent technical and management expertise, such as suggestions on how to improve production, where to drill and how to be more efficient. In 1962 they founded Gaffney, Cline & Associates (GaffneyCline) in Trinidad, establishing offices in Houston, London, Singapore, Buenos Aires, Sydney and Russia.{{cn|date=February 2024}}

In the mid 1960s, GaffneyCline expanded into the United Kingdom with a view to use the rapidly developing North Sea as a springboard for growth. Further expansion in Singapore would follow in the late 1960s to capitalize on growth in crucial Asia Pacific markets (particularly Indonesia), which had become focus investment areas for major and independent oil companies. The late 1970s would see GaffneyCline increase market penetration throughout the Americas and internationally in every major hydrocarbon region around the world.

⚫
Since 2008, GaffneyCline has been a subsidiary of [[Baker Hughes]].<ref name=oilvoice170408>
{{cite news
{{cite news
|url= http://www.oilvoice.com/n/Baker_Hughes_Acquires_Gaffney_Cline_Associates_and_GeoMechanics_International/ab5e7dc6.aspx
|url= http://www.oilvoice.com/n/Baker_Hughes_Acquires_Gaffney_Cline_Associates_and_GeoMechanics_International/ab5e7dc6.aspx
Line 10: Line 34:
</ref>
</ref>


== Awards ==
⚫
One of the notable functions of GaffneyCline, along with similar petroleum industry consultants such as [[DeGolyer and MacNaughton]], [[Netherland, Sewell]], [[RPS-APA]] and [[Ryder Scott]], is to provide third-party verification and/or valuation of oil and natural gas reserves - typically 1P [[proven reserves]], but also 2P probable reserves and 3P possible reserves - for company [[annual report]]s and [[SEC filing]] 20-F.<ref>Michael D. Tusiani, Gordon Shearer ''LNG: A Nontechnical Guide'' 2007 p313 "Producers dedicate specific natural gas reserves that are certified by an internationally recognized third party, such as DeGolyer and MacNaughton, GaffneyCline, or Netherland-Sewell."</ref> In addition to commercial and technical studies in the oil and gas sector, GaffneyCline has expertise in Carbon Management, more specifically [[CCUS]], [[hydrogen]], carbon intensity estimation and abatement.
* Queen's Award for Export Achievement 1993<ref>{{cite news |date=April 21, 1993 |title=The Queen's Awards: The companies who made the achievements |url=https://www.independent.co.uk/news/business/the-queen-s-awards-the-companies-who-made-the-achievements-1456462.html |access-date=February 20, 2023}}</ref>
* [[The_Queen%27s_Award_for_Enterprise:_International_Trade_(Export)_(2001)|Queen's Award for Export Achievement 2001]]


== See also ==
== See also ==
Line 17: Line 43:
==References==
==References==
{{Reflist}}
{{Reflist}}

== External links ==
*[https://www.gaffneycline.com/ Company's website]


{{Authority control}}
{{Authority control}}


{{DEFAULTSORT:Gaffney, Cline and Associates}}
{{DEFAULTSORT:Gaffney, Cline and Associates}}
[[Category:Energy consultancies]]
[[Category:Design companies established in 1962]]
[[Category:Design companies established in 1962]]
[[Category:Energy companies established in 1962]]
[[Category:Energy companies established in 1962]]
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[[Category:Petroleum industry]]
[[Category:Petroleum industry]]
[[Category:Consulting firms of the United Kingdom]]
[[Category:Consulting firms of the United Kingdom]]
[[Category:Research and analysis firms]]
[[Category:Research and analysis firms of the United Kingdom]]
[[Category:Research and analysis firms of the United Kingdom]]



{{petroleum-company-stub}}
{{petroleum-company-stub}}

Latest revision as of 14:12, 26 May 2024

GaffneyCline
IndustryEnergy
Founded1962
Headquarters
London
,
United Kingdom
Services
  • Resource assessment & development
  • Policy & commercial advice
  • Gas & LNG
  • Refining & petrochemicals
  • Carbon management & energy transition
Number of employees
100+
ParentBaker Hughes
Websitewww.gaffneycline.com

GaffneyCline is a global consultancy in the energy sector, providing techno-commercial advice to clients that include energy producers, financial institutions, governments, etc. GaffneyCline is an independent wholly-owned subsidiary of Baker Hughes.

One of the notable functions of GaffneyCline, along with similar petroleum industry consultants such as DeGolyer and MacNaughton, Netherland, Sewell, RPS-APA and Ryder Scott, is to provide third-party verification and/or valuation of oil and natural gas reserves - typically 1P proven reserves, but also 2P probable reserves and 3P possible reserves - for company annual reports and SEC filing 20-F.[1] In addition to commercial and technical studies in the oil and gas sector, GaffneyCline has expertise in Carbon Management, more specifically CCUS, hydrogen, carbon intensity estimation and abatement.

History

[edit]

Peter Gaffney and Ben Cline, both petroleum engineers working in oil and gas in South America, found they both shared a dream to have their own consultancy. They believed that the oil and gas industry could benefit from independent technical and management expertise, such as suggestions on how to improve production, where to drill and how to be more efficient. In 1962 they founded Gaffney, Cline & Associates (GaffneyCline) in Trinidad, establishing offices in Houston, London, Singapore, Buenos Aires, Sydney and Russia.[citation needed]

In the mid 1960s, GaffneyCline expanded into the United Kingdom with a view to use the rapidly developing North Sea as a springboard for growth. Further expansion in Singapore would follow in the late 1960s to capitalize on growth in crucial Asia Pacific markets (particularly Indonesia), which had become focus investment areas for major and independent oil companies. The late 1970s would see GaffneyCline increase market penetration throughout the Americas and internationally in every major hydrocarbon region around the world.

Since 2008, GaffneyCline has been a subsidiary of Baker Hughes.[2]

Awards

[edit]

See also

[edit]

References

[edit]
  1. ^ Michael D. Tusiani, Gordon Shearer LNG: A Nontechnical Guide 2007 p313 "Producers dedicate specific natural gas reserves that are certified by an internationally recognized third party, such as DeGolyer and MacNaughton, GaffneyCline, or Netherland-Sewell."
  2. ^ "Baker Hughes Acquires Gaffney, Cline & Associates and GeoMechanics International". OilVoice. 2008-04-17. Retrieved 2011-02-19.
  3. ^ "The Queen's Awards: The companies who made the achievements". April 21, 1993. Retrieved February 20, 2023.
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