Gaffney, Cline & Associates

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

GaffneyCline was founded in 1962. Since 2008, it has been a subsidiary of Baker Hughes.[1]

One of the notable functions of GaffneyCline, along with similar petroleum industry consultants such as DeGolyer and MacNaughton, , 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] In addition to commercial and technical studies in the oil and gas sector, GaffneyCline has practice areas in Gas/LNG, Value Assurance and Carbon Management. The GaffneyCline carbon management program quantifies carbon intensity of reserves and resources and certifies carbon emission reductions for oil and gas activities.

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References[]

  1. ^ "Baker Hughes Acquires Gaffney, Cline & Associates and GeoMechanics International". OilVoice. 2008-04-17. 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, GaffneyCline, or Netherland-Sewell."

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