In the oil and gas industry, accurate crude valuation is a cornerstone of profitability. Without a thorough understanding of the value of the crude being extracted and refined, companies risk leaving significant money on the table. At Candor Technical, we specialize in providing businesses with comprehensive crude valuation services that enable them to optimize their financial outcomes.
Crude oil is not a homogeneous product—it varies in quality, density, and sulfur content, all of which impact its value. Refiners often prefer specific types of crude for particular processes, and having a clear understanding of the quality of the crude you possess can result in better pricing and more profitable deals.
Moreover, our services extend to well netback maximization, which refers to the actual profit made from producing and selling crude oil after deducting costs such as transportation, refining, and taxes. By helping our clients better understand their crude’s value and manage the costs associated with its production, we unlock higher profits and ensure operational efficiency.
Accurate crude valuation not only improves immediate financial performance but also informs better long-term decision-making regarding production strategies, refining investments, and market positioning. At Candor Technical, we help our clients gain this critical edge, positioning them for sustained profitability in a competitive market.