Services
PEA’s services cluster in three progressive domains: optimizing recovery and economics of remaining production in existing fields, planning for and executing decommissioning, and evaluating and capturing new opportunities.
✔ Optimization
Make the most of what you have
Maintain and expand
contract reservoir engineering dept.
reserves and economics
acquisitions
Improve*
operational efficiencies
artificial lift opportunities
reservoir optimization
G&P costs
Minimize collateral costs
emissions
water
biodiversity
breaches, blowouts
✔ Decommissioning
Plan for and optimize end-of-life
When and how much
full-scope cost estimates
cash flow planning
carbon credits for plugging
How best and cheapest
risk assessment
plugging design
monitoring
prioritization
efficiency
Coordination with regulators, government, and civil society
✔ New Opportunities
Explore new uses of the same fields, same skills
Strategic review of new plays
energy storage
geothermal
CCS
hydrogen
lithium
renewables
Prospect development
technical feasibility
economic feasibility
regulatory, legal feasibility
project siting
* PEA will work on optimization of existing fields, but we will not accept projects related to significant new sources of hydrocarbons such as prospect evaluation, new field development, or shale drilling.
✔
Engineering, Geologic, and Financial Analysis
Thorough and circumspect project-based analysis. We’ll support your operation, acquisition or audit with independent analysis of reserves, cash flows, decommissioning costs. We provide expert and independent results.
✔
Research and Advisory
Research and advice on themes, trends, and issues facing the oil industry from local to international scale. We support strategic planning and policy making by understanding and explaining the large-scale reality and trajectory of the industry.
✔
Project management
In-house team member or manager. We can serve as a member or manager of in-house teams to provide part-time expertise such as a reservoir engineering or reserves manager to younger staff and to executive leadership. We can also coordinate teams of in-house and other third-party experts to execute a project to the client’s specifications.
Speaking and Education
Trainings for the oil industry such as Petroleum Economics offered by AAPL and Decline Curve Analysis offered through Saga Wisdom
Less specialized trainings such as Petroleum Engineering for Non-Technical Professionals and “Subsurface Engineering for Managers” previously offered through Texas Christian University both of which offer a survey of the most important scientific and technical aspects of oil and gas to assist non-technical professionals to engage with the oil industry
Conferences such as Carbon Expo and Orphan & Idle Wells California
Webinars such as Private Pain, Public Blame, and New Growth and 101 Uses for a Dead Well
Professional society luncheons, such as an SPE Distinguished Lecture on Economic Surprises of Late-life Production
Our Commitment to Net Zero
28 December 18, 2023
Purvis Energy Advisors began talking publicly about the needs and opportunities of the energy transition in 2019, and the trajectory of my conviction has continued as others were catching on. Today, it is encouraging to see that most major reservoir engineering consultancies and many new ones are advertising services to support the transition presumably because clients are asking for them.
Meanwhile, I and others in our firm have continued to research and deepen our understanding of the issues – and the solutions – beyond the insights of a news feed. Now we are taking the next step to engage the transition.
PEA will no longer offer consulting services that significantly contribute to the increase in oil and gas supply. Specifically, we will not consult on exploration or development of new fields nor on re-development of existing fields unless those projects are owned and controlled by historically disadvantaged communities or countries. We will honor our commitments to existing clients with a one-year transition, performing our work to the very best of our ability and assisting them to find other consultants to perform that kind of work in the future.
Instead, PEA will focus our efforts on helping companies, NGOs, and policymakers to decarbonize and manage the decline and decommissioning of existing fields, to resolve litigated questions that do not result in new supply, and to advance new forms of energy from the subsurface. For example, we will continue to offer our expertise in reserve analyses, acquisition and divestiture, and rehabilitation of existing production. We will continue to provide expert opinions in contested settings and continue to provide research and education that empowers oil companies for new lines of business.
In all of our analyses and consistent with our standards as a registered professional engineering firm, we will continue to uphold our commitment to excellence and independence in all of our work without regard to our personal commitments to change.
What is more, PEA will effective immediately minimize and offset all our scope 1 and 2 emissions. We will reduce travel, minimize emissions of travel, prefer low-emissions products in purchasing decisions, and purchase high-quality offsets for remaining emissions.
We do not prescribe the same stance for others, much less offer judgment to those with different perspectives and convictions. Not all our advisors have made the same commitment as I have, but I have come to terms with – and now stake my career on – the conviction that opportunities exist for petroleum engineers in a world working simultaneously and vigorously toward both greater energy and lower emissions.
Dwayne Purvis, P.E.
December 18, 2023