Bayphase is an International Oil and Gas Consultancy established in 1986.

For over 30 years they have assisted their Clients in making their Key Technical and Financial Decisions. Their primary focus is:

Resource Auditing and Valuation; they cover:

All types of hydrocarbon properties including: exploration, development and production licenses

Oil, non-associated gas, gas condensate, heavy oil, oil sands and shale gas

Their experience has included these standards and stock exchanges:

The Petroleum Resources Management System(PRMS)

Securities and Exchange Commission (United States)

The London Stock Exchange

The Alternative Investment Market

The Johannesburg Stock Exchange

Their reports have been used to assist their Clients in these operations and transactions:

Verification of internal resource estimates

Stock Exchange vending processes

Reserve Base Lending

Equity backed commercial loans

Acquisitions

Divestments

Cost Auditing and Estimation; they cover:

Verification of internal cost estimates

Auditing of project expenditures on behalf of Stake Holders including minority partners, banks and Governments

Independent cost estimates

Risk of cost overun

Field Development Plans (FDPs); they cover:

Development of feasibility, conceptual and detailed level FDPs

Auditing of FDPs

Subsurface, surface and integrated FDPs

FDP risk assessment including technical, cost and schedule

Reservoir Modelling; they cover:

Oil, non-associated gas and gas condensate fields

Sandstone and carbonate reservoirs

Small through to super giant fields

Integrated geological and reservoir engineering models

Industry Leading Software - PETREL and Eclipse

They offer bespoke solutions delivered by an experienced team; a key element of their offering is their ability to audit work carried out by third parties in any of these areas. Auditing is a tool used by their Clients to ensure such work has been carried out to acceptable standards.

They have also developed reports and data sets on key oil and gas countries.