Oil and gas Valuation & Geological Consulting

HCS can provide oil and gas valuations for our clients many needs that include tax support, valuations for trusts, wills and estate plans and litigation support.  Valuations of investments for Roth IRA transfers, private portfolio investments and whether to lease or sell property are also commonly done by our firm.  With our employees  10+ years of experience completing over 20-30 valuations a year, HCS is confident that we can meet the needs of the client.  Both Jessica and Josh are associate members of the International Institute of Mineral Appraisers.

HCS has valued properties (in no particular order) in the Marcellus, Utica, Haynesville, Bakken, Antrim, Eagleford, Woodford, Barnett, Motney and Niobrara.  We have valued properties (in no particular order) in the following states: Texas, Pennsylvania, Ohio, West Virginia, Oklahoma, California, Colorado, Kansas, Illinois, North Dakota, South Dakota, Montana, Louisiana, Maryland and New York.

HCS assists estate administrators with the management of the oil and gas properties associated with major estates across the United States.  This service includes leasing negotiations, review of royalties for errors, as well as yearly reporting to shareholders.  This service is provided on an hourly or fixed monthly cost.

At the request of our estate and legal clients, HCS has created an open market system of vetted buyers for the sale of oil and gas properties.  First, HCS values the property, and the seller agrees to a minimum sale price for the property.  Then, a sales package is created for the property in order to advertise it to the buyers.  The market for the property is open for a month, and as many as twenty-one (21) buyers participate in a bidding market for the offered property.  The buyer with the highest offer is selected to buy the property.  This brings competition and benefits to the seller in what is often a market that favors the buyers.  In HCS's process, the seller has no out-of-pocket expenses, and all fees that are paid to HCS are based on the sales price.  Please contact HCS for detailed information and an engagement if you or your clients could benefit from this service.

Mr. Hickman has been previously qualified as an expert witness in Federal Court and the states of Ohio, Pennsylvania, and West Virginia.  Topics include the value of oil & gas, general oil and gas practices, leasing matters, stray gas investigation, and geotechnical issues.  HCS maintains a network of oil and gas experts in engineering, hydrology, stray gas investigation, geochemistry, and field operations so we can assemble the right team for your client's needs.  Please contact us for a list of previous experience.

Hickman Consulting Services, LLC, finds, contracts, and manages technical experts for legal work across the United States.  HCS has existing connections and/or contracts with the following disciplines:

• Petroleum Engineer
• Reservoir Engineer
• Drilling Supervisor
• Operations Geologist
• Geochecmical Expert
• Gas Storage Engineer
• Gas Storage Regulatory

Additional expert disciplines can be found and contracted as needed by our legal clients.  Our arrangement saves the legal team time and resources by providing a single point of contact to manage a team of experts as well as a single point of billing.  HCS offers additional value by coordinating data sharing, managing schedules, and providing technical support for retired experts

If there is project you'd like to discuss with HCS staff, please reach out by email using the button below or give us a call by using the phone number at the top of the page.  We would be happy to discuss your needs.