Jun 18, 2020   SOURCE: BusinessWire

Strategic Alliance between Graves & Co. Consulting and Signa Engineering

Graves & Co. Consulting (www.gravesconsulting.us) is a reservoir engineering and geological consulting firm. We are pleased to announce the creation of a strategic alliance with Signa Engineering (www.signa.net) providing unparalleled engineering and consulting capacity and expertise.

Graves’ collaboration with Signa, the premier drilling and production engineering and analytics firm, expands Graves’ capacity to evaluate assets beyond oil and gas reserves to include hard assets such as production facilities, gathering systems, pipelines, and drilling, fracking and completion equipment, as well as a more granular analysis of anticipated costs of developing reserves. The combination provides an advantage to our clients who require a thorough, independent understanding of asset value performed economically and efficiently.

Both firms have extensive experience providing expert witness testimony and distressed asset valuation support for restructuring and bankruptcy situations, and in support of litigation. Signa is especially proficient in designing, drilling and completing managed pressure and extended reach drilling, providing onsite supervision and the analysis of production practices, and has testified extensively about correct practices and procedures. Graves’ management team has provided technical assistance and advisory services to banks, trustees, creditor committees, and restructuring firms in evaluating oil and gas properties and in developing strategies to restructure and turn around distressed assets.

Signa Engineering and Graves & Co. Consulting teams have broad experience performing M&A due diligence on a variety of oil and gas properties of all sizes, production operations analyses and environmental reviews. This alliance will enhance our clients’ understanding of the true value of assets, provide analysis that promotes good decision making, and ensure success.

Graves & Co. Consulting is a registered professional reservoir engineering firm conceived on the premise that Knowledge + Experience = Value, and the belief that reliable, trustworthy oil and gas reserves evaluations shouldn’t cost an arm and a leg. Clients interested in significant cost-savings utilize our engineering and geological services on an outsourced basis – we’re there when they need us and not when they don’t. We help our clients save money at a time when the pressure is on like never before to cut costs and boost the bottom line.