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Miller and Lents, Ltd. provides services to domestic and international clients, with a significant portion of their business coming from clients operating in Russia. In addition to evaluations for clients operating in Russia, Miller and Lents, Ltd. has performed evaluations for clients in the United
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In 1948, J. R. Butler and Martin Miller formed an oil and gas consulting partnership known as J. R. Butler and
Company. Max Lents, who was not a partner at the beginning of J. R. Butler and Company, was considered as an original founding partner when he joined the firm a year later. The company
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Miller and Lents, Ltd. prepares reserves estimates by applying both SEC and SPE-PRMS standards. These estimates include the assessment of developed and undeveloped reserves and classification according to Proved, Probable, Possible, Contingent, and
Prospective Resources definitions.
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Steiber was a
Petroleum Engineer with Miller and Lents, Ltd. from 1974 to 2004. He made significant contributions to the field of Petroleum Engineering and the practice of Oil and Gas Well log analysis. In his paper “The Distribution of Shale in Sandstones and its Effect upon
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Distribution which aids in describing the permeability of heterogeneous reservoirs and provides a “better match with actual field performance when applied to cycling operations in gas condensate reservoirs.”
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In addition to founding Miller and Lents, Ltd., Max Lents and Martin Miller made significant contributions to the field of petroleum engineering. They introduced the Miller-Lents
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In 1976, the name of the firm was changed to its current name, Miller and Lents, Ltd. after J. R. Butler exchanged his interest in Butler, Miller and Lents, Ltd.
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They also evaluate relevant economic parameters and creates financial reports for the United States
Securities and Exchange Commission (SEC), the
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241:,” co-authored by E.C. Thomas in 1975, he introduced the Thomas-Steiber Diagram which is still commonly used for log analysis today.
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studies, structural studies, stratigraphic studies, subsurface mapping, field development studies, and reservoir characterization.
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485:"Lithuania: Tethys Oil reports disappointing results from Skomantai-1 well on the Gargzdai licence onshore Lithuania"
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certifications, audits, and independent evaluations. They prepare evaluations according to the standards of the
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States, Azerbaijan, Israel, Kazakhstan, the United
Kingdom, Australia, and Lithuania, among others.
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is a petroleum consulting company based in
Houston, Texas. The firm provides services including
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In 1970 its name was changed to Butler, Miller and Lents, Ltd., at which time it became a
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465:. Vol. 98, no. 8. PennWell Corporation. Oil & Gas Journal. 21 February 2000
310:"Russia intends to save users of mineral resources from dependence on foreign auditors"
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154:(AIM); cash flow projections; forecasts of future prices; and estimates of
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336:"XTO Energy Increases Reserves by 23%, Replaces 401% of 2008 Production"
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and the
Petroleum Resources Management System (PRMS) published by the
415:"Kazakhstan's KMG EP announces new discovery in Rozhkovskoye field"
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The
Distribution of Shale in Sandstones and its Effect on Porosity
259:"Miller and Lents, Ltd.: Private Company Information - Bloomberg"
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529:. United States.: Society of Professional Well Log Analysts Inc.
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The Senior Vice
Presidents are Leslie Fallon and Gary Knapp.
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In addition, they perform petrophysical analyses such as
362:"SOCAR proven gas reserves increase more than 2.5 times"
491:. energy 365 Limited. energy-pedia news. 5 August 2012
316:(in Russian). Tass Russian News Agency. 13 August 2014
437:"BG Group Boosts Reserves to 2.7Bboe in Santos Basin"
514:. Petroleum Recovery Research Center. pp. 5–20.
389:"Drilling firm to pursue water, gas, oil projects"
510:Smith, James T.; Cobb, William M. (17 Dec 1997).
368:(in Russian). Trend News Agency. 5 September 2014
562:Research and analysis firms of the United States
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98:United States Securities and Exchange Commission
200:name then changed to Butler, Miller and Lents.
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121:The Chairman of the Board is Robert Oberst.
439:. DHI Group, Inc. Rigzone. 2 November 2010
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290:. The Society of Petroleum Engineers. JPT
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166:They perform geologic studies including:
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552:American companies established in 1948
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557:Consulting firms established in 1948
342:. Oil and Gas Investor. 2 March 2009
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182:analysis and core analysis studies.
525:Thomas, E.C.; Stieber, S.J (1975).
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417:. Oil&Gas Eurasia. 14 May 2014
387:Udasin, Sharon (10 January 2017).
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205:Subchapter S Corporation
90:Miller and Mochen, Ltd.
83:independent evaluations
79:reserves certifications
62:Senior Vice Presidents:
58:(Chairman of the Board)
28:Miller and Mochen, Ltd.
459:"Moves and Promotions"
219:M. Miller and M. Lents
18:Miller and Lents, Ltd.
567:Petroleum engineering
148:London Stock Exchange
128:Consulting activities
489:www.energy-pedia.com
340:Oil and Gas Investor
133:Reserves evaluations
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186:Areas of operation
117:Board of directors
112:Current operations
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263:www.bloomberg.com
214:Notable employees
156:Fair Market Value
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41:Headquarters
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288:www.spe.org
541:Categories
245:References
69:Gary Knapp
52:Key people
142:Economics
366:Trend.Az
239:Porosity
94:reserves
76:Services
33:Industry
294:16 June
195:History
168:seismic
162:Geology
108:(SPE).
100:(SEC)
81:audits
495:4 May
469:3 May
443:4 May
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372:4 May
346:4 May
320:3 May
268:4 May
497:2017
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180:log
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