Prator Bett, L.L.C. is a petroleum engineering consulting company providing reservoir-engineering services to its clients. Prator Bett, L.L.C. was founded in 1999 and is located in Houston, Texas, the international energy capital. Prator Bett, L.L.C. specializes in economic evaluations for year-end reporting purposes, oil and gas acquisitions and divestitures, estate planning, field studies and budgeting.
The managing partners of Prator Bett, L.L.C., M. Drayton Prator, III, and Thomas G. Bett, together have over 42 years of consulting experience. Mr. Prator and Mr. Bett established the company as a high quality petroleum consulting firm. Prator Bett, L.L.C. provides its service mostly to small to mid-size oil and gas companies, both public and private, by evaluating oil and gas properties in almost every producing basin in the United States and in several basins worldwide.
The evaluation of oil and gas properties usually consists of an assessment of the remaining oil and gas reserves and an estimate of the future cash-flow net to the evaluated interest. The goal of Prator Bett, L.L.C. is to grow modestly in the future and to provide high quality service using experienced engineers at a reasonable cost.