Rose & Associates • 4203 Yoakum Blvd., Suite 320 • Houston, TX 77006 • Tel 713.528.8422 • Fax 713.528.8428 • Email

Transferring E & P Risk Assessment Expertise

Instruction • Software Tools • Practical Consultation

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Welcome to Rose & Associates

We specialize in helping E & P companies design, implement and sustain risk analysis systems for enhanced predictive and financial performance. Utilizing our world-class, unique and entertaining instruction, our efficient software tools and practical consultation, companies can consistently deliver on their portfolio promises.

The core of our implementation services feature.

  • Instruction of innovative, hands-on education and training courses and workshops. To match the client's needs, we have courses that focus on exploration, development and a hybrid of exploration and development.
  • Software Tools covering play, prospect and portfolio analyses, as well as a Consortium-derived software to systematically analyze seismic amplitudes for subsequent risk analysis. Our most recent software addition allows for the probabilistic evaluation of unconventional resources with an integrated performance, cost, and economic model that captures the range of project uncertainty for different development scenarios. We market these software modules to help our clients maintain efficiency, consistency and integrity in the assessment process;
  • Practical Consultation with management and staff on their most challenging and intriguing plays, prospects and development projects. Not only to provide unbiased characterization of the resource potential given success, and their probability of various success states, but also provide clear valuation models for monetary transactions. After drilling or project execution, we can assist with subsequent performance tracking of predictions with actual results and advise on techniques to reduce bias in other inputs to the cash flow model (such as production and cost forecasting through time). Other services include independent baseline, probabilistic play and prospect evaluations for acquisition and divestment efforts. In 2005 we began to provide comprehensive audits of company exploration assessment processes, tools and skill sets. We also can provide expert testimony for litigation involving risk and resource analysis leading to valuation of prospects beneath disputed acreage.

Scores of companies around the world have sponsored our courses. Professional associations such as the AAPG, Houston Geological Society, Gulf Coast Association of Geological Societies, Indonesian Petroleum Association and SPE frequently sponsor our open-enrollment courses. As a result, thousands of E&P professionals now understand the power of a consistent risk analysis methodology in achieving predictable and profitable management of their exploration & development portfolios.