Oil & Gas

The economic impact of Oil & Gas facilities on industries and other infrastructure institutions requires relevant experience to properly appraise their value.

The Oil & Gas industry has intricate connections to our social, political and economic environment. Oil & Gas assets such as refineries and natural gas distribution systems are large, complex, income-producing properties that face the volatility of commodity-based markets as well as continuous environmental pressures. They have direct and indirect impact on the nation’s macro-economic performance and growth.

Our company’s team of ASA-accredited appraisal professionals is armed with the experience and knowledge needed to value the assets in the Oil & Gas industry. Furthermore, our appraisal team understands a complete range of valuation methods to ensure accuracy and relevance to the valuation needs of the industry.

evcValuation’s power plant valuation services include in-depth knowledge of these factors:

Regional Refined Product Markets
Global Crude Oil Markets
Construction Capital Costs
Supply/Demand Market Conditions
Environmental/Regulatory Issues (past, present and future)
Expected levels of industry returns on investment
Age/Life Relationships of equipment
Operating Characteristics of new and old facilities
External Operating Characteristics effecting plant operations
Commodity price projections
Levels of operating expenses and required capital investments

evcValuation is experienced in the valuation of many midstream and downstream industrial facilities, including oil refineries; refined product terminals (bulk storage facilities); and natural gas processing, transportation and distribution systems throughout the United States. Our knowledge of the Oil & Gas industry in conjunction with engineering backgrounds, enables us to deliver valuations that go beyond the surface, providing comprehensive and insightful valuation services.

What Our Clients Say

We have used evcValuation on multiple power generation plants throughout the United States with respect to ad valorem property tax disputes. The dedicated professionals at evcValuation go to great lengths to ensure their reports are both thorough and accurate. To achieve this, they dig deeper and pull back layers that many would simply gloss over…

Dan Zazzali
Partner
McCarter & English LLP

We’ve worked with evcValuation for several years on property tax disputes that’s reached a state-level appeal board. The team is well qualified for dealing with power plants and power market specifics. They understand differences across technologies and markets and how to account for these in their work. The specific property they’ve advised us on has a host of complexities, and I’ve been impressed with evc’s thoughtful approach and ability to tackle these issues. They work efficiently and have always responded to any questions or concerns we’ve had promptly. Kevin and his team provide a solid product and they’re at the top of our list of people to call for property tax disputes.

Jonathan Beach
Jonathan Beach
Principal
Rockland Capital

We have used evcValuation on several projects in Oklahoma, ranging from railroads to renewable energy properties. Kevin Reilly’s testimony was instrumental in achieving success in the landmark Oklahoma wind case, Kingfisher Wind, LLC v. Wehmuller, 2022 OK 83, 521 P.3d 786. Kevin’s team at evc is top-notch. They are thoughtful, thorough, and prompt with their work and communication with the attorneys and the client. We look forward to working with them in the future.

Jay Dobson
Jay Dobson
Partner
Elias, Books, Brown & Nelson

I’ve partnered with Kevin Reilly and evcValuation on some of the most complex valuation assignments in the country, including nuclear power plants, cogeneration facilities, wind and solar farms, battery storage sites, and more. In every instance, evcValuation brings an unparallelled level of expertise and integrity to the table.

What makes Kevin such a powerful and credible witness isn’t just his knowledge or meticulous preparation—it’s that he is never an advocate for his client. He is an advocate for the right value. Commitment to objectivity is evcValuation’s “secret sauce” and why juries and judges find them so credible. Kevin’s objectivity allows him to maintain an even demeanor in deposition or on the witness stand under the most rigorous examination.

When it comes to valuation of complex properties, evcValuation is the best in the business. There are a number of appraisers who write excellent reports, and there are several who tell a good story. evcValuation is one of the very few who do both. Their work is consistently thorough, defensible, and rooted in a deep understanding of appraisal theory, the subject property, and the market. When the stakes are high, you need the best in your corner, which is why evcValuation is our first call.

Raymond Gray
Raymond Gray
Founding Partner of Gray Winston & Hart, PLLC