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The Oil & Gas Asset Clearinghouse Work Values

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Daily Duties at The Oil & Gas Asset Clearinghouse:

I used petroleum engineering procedures and techniques honed by experience to determine reasonable market values for managing sellers' expectations, i.e. to keep optimistic sellers realistic in arriving at their minimum bids. I was present at live auctions to monitor bids and to assist with immediate negotiations to sell properties for which bidding did not reach undisclosed minimum bids. Evaluation procedures consisted of reviewing historical oil and gas production histories and property characteristics to project future annual production volumes. Estimates of future product prices, expenses and capital costs were integrated with volume projections to project future cash flows. An extensive writeup of each evaluation result covered a selling property's positive and negative characteristics, as well as the economic metrics of discounted future cash flow value, first month's estimated cash flow, months of payout for discounted cash flow and $/equivalent barrel of reserves. Risked values for non-producing and undeveloped properties were added to values for currently producing properties.


What they like about The Oil & Gas Asset Clearinghouse:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.


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Information about The Oil & Gas Asset Clearinghouse


Company Rank: Not Available

Average length of employment : 2 years

Average salary of employees: $175,000

These are some of the questions we asked our climbers about their experiences with The Oil & Gas Asset Clearinghouse:

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Were your performance expectations clearly communicated?

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Were you recognized for meeting or exceeding expectations?

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Did you feel like your personal contribution was important?

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Was your career path clearly outlined and discussed?

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I would recommend this as a place of employment.
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I believe in the purpose of this organization.
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I would work for this organization again.
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I feel employees are fairly compensated.
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