Gaffney, Cline & Associates

Gaffney, Cline & Associates is a petroleum consulting company headquartered in Alton, the United Kingdom, with offices in London, Houston, Moscow, Buenos Aires, Singapore, Almaty, and Sydney.

Gaffney, Cline & Associates was founded in 1962. Since 2008, it is a subsidiary of Baker Hughes.[1]

One of the notable functions of Gaffney Cline, along with similar petroleum industry consultants such as DeGolyer and MacNaughton, Netherland, Sewell, RPS-APA and Ryder Scott, is to provide third party verification and/or valuation of oil and natural gas reserves - typically 1P proven reserves, but also 2P probable reserves and 3P possible reserves - for company annual reports and SEC filing 20-F.[2]

See also

References

  1. ^ "Baker Hughes Acquires Gaffney, Cline & Associates and GeoMechanics International". OilVoice. 2008-04-17. http://www.oilvoice.com/n/Baker_Hughes_Acquires_Gaffney_Cline_Associates_and_GeoMechanics_International/ab5e7dc6.aspx. Retrieved 2011-02-19. 
  2. ^ Michael D. Tusiani, Gordon Shearer LNG: A Nontechnical Guide 2007 p313 "Producers dedicate specific natural gas reserves that are certified by an internationally recognized third party, such as DeGolyer and MacNaughton, Gaffney Cline, or Netherland-Sewell."