Sproule ERCE helps energy companies and financial stakeholders make better decisions by integrating technical, commercial, and operational expertise. Our team provides authoritative analysis for asset valuation, regulatory reporting, portfolio optimization, and capital allocation—ensuring clients understand value drivers and manage risk for long-term profitability.  

Sproule ERCE is headquartered in Calgary and has offices in Denver, Mexico City, The Hague, London, Kuala Lumpur, and Perth.

Overview of services

Evaluations
A reserves evaluation is the basis of understanding reserves volumes. It entails estimating commercially and technically recoverable volumes of petroleum from an asset with known accumulations of oil and gas. Sproule’s consultants have extensive experience with classifying reserves reflecting the uncertainty range of a given asset according to accepted industry standards, such as SPE-PRMS, COGEH or SEC. Sproule’s independent reserves certification consultancy team is respected and recognized as among the most authoritative in the industry by IOCs, NOCs, Independents, financial players and regulatory authorities.

Strategic Advisory
Whether securing financing for development plans or finding the right investment opportunity, Sproule’s independent experts have an established track record in advising organizations on mergers and acquisitions, technical due diligence and fair market valuations.

Reservoir Characterization
Using the latest technologies and techniques, Sproule experts can help you transform opportunities into cost-effective production. Their professionals can address the most pressing geoscience and engineering challenges facing decision-makers today. Services include:

Geophysical Interpretations

• Petrophysical Interpretations
• Static Geological Modelling
• Geostatistical Analysis
• Dynamic Reservoir Modelling/Simulation
• Resource Play Assessment
• Exploration & Basin Assessment
• Gas Storage Screening & Optimization
• Surface Network & Facilities Optimization

Asset Management
Reducing capital costs and optimizing returns in a low commodity cycle can be challenging for many operators. Sproule's qualified, experienced and independent, geoscientists, engineers, land and accounting professionals provide turnkey asset management services that can help. Services include:

• Oil and Gas Asset Management
• Land Management
• Operational Due Diligence
• Liability Management Rating (LMR) Advisory
• Field Operations
• Abandonment & Reclamation
• Accounting Administration

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