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Gaffney, Cline & Associates

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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 Russia.

GaffneyCline was founded in 1962. Since 2008, it has been a subsidiary of Baker Hughes.[1]

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.[2] In addition to commercial and technical studies in the oil and gas sector, GaffneyCline has practice areas in Gas/LNG, Value Assurance and Carbon Management. The GaffneyCline carbon management program quantifies carbon intensity of reserves and resources and certifies carbon emission reductions for oil and gas activities.

See also

References

  1. ^ "Baker Hughes Acquires Gaffney, Cline & Associates and GeoMechanics International". OilVoice. 2008-04-17. Retrieved 2011-02-19.
  2. ^ 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."