NITEC conducted a detailed evaluation of this complex gas storage field with oil production. The field was a faulted anticline resulting in partial compartmentalization impacting the communication from two portions of the gas bubble and the downslope oil leg. The valuation was dependent on confirming well productivity/deliverability rates and increased oil production with the storage expansion. NITEC was able to identify key areas of uncertainty regarding the production claims as well as regulatory issues that were used in the client’s valuation model.