Miller and Lents
- Company typePrivate
- Founded1948
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Miller and Lents does
Miller and Lents, Ltd. is a privately held oil and gas consulting firm headquartered in Houston, Texas, founded in 1948. The firm provides upstream consulting services focused on reservoir evaluation, reserves and resources estimation, and SEC regulatory compliance for oil and gas exploration and production companies globally. Its core product set includes bespoke upstream consulting engagements, monthly SEC first-day-of-the-month pricing data for WTI Front Month, Brent Spot, and Henry Hub benchmarks, and educational/compliance resources documenting SPE-PRMS reserves estimation standards (including the 2007 vs. 2018 comparison). Pricing is not publicly disclosed; engagements are customized to project scope and client requirements, consistent with a professional services revenue model. The firm relies on a sales-led go-to-market, with business development driven by direct expert engagement, industry reputation, and a content-marketing funnel built around free SEC pricing updates and SPE-PRMS guidance distributed via a monthly email newsletter and the corporate website.
Miller and Lents firmographics
Firmographics- Name
- Miller and Lents
- Legal name
- Miller and Lents, Ltd.
- Website
- https://millerandlents.com
- Company type
- Private
- Founded year
- 1948
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Miller and Lents is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Miller and Lents business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Revenue model
- Consulting Services: Professional consulting engagements for oil and gas upstream analysis, reservoir evaluation, and SEC regulatory compliance services for clients in the energy sector.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Miller and Lents product offering
Product offeringCore offering
Miller and Lents provides upstream oil and gas consulting services focused on independent reservoir evaluation, petroleum engineering advisory, and SEC regulatory compliance support for exploration and production clients. Complementing its consulting work, the firm publishes monthly SEC first-day-of-the-month price benchmarks (WTI, Brent, Henry Hub) and educational resources on reserves estimation following SPE-PRMS standards. Engagements are project-scoped and delivered directly by the firm's Houston-based experts.
Product overview
Miller and Lents is a traditional oil and gas consulting firm offering upstream consulting and reservoir evaluation services since 1948. The company does not operate a software platform but provides professional consulting services, SEC price reporting data, and educational resources on petroleum reserves estimation following SPE-PRMS standards. Their core offerings include upstream consulting, monthly SEC price data reports, and technical guidance documentation on reserves estimation methodologies.
Differentiator
Problem solved
Functional benefit
Products and services
- Upstream Oil and Gas Consulting Services Independent upstream consulting engagements providing reservoir evaluation, petroleum engineering advisory, and SEC compliance support for oil and gas exploration and production clients worldwide.
- SEC First-Day-of-the-Month Price Data Monthly estimates of SEC first-day-of-the-month prices including WTI Front Month, Brent Spot, and Henry Hub benchmarks, supporting SEC regulatory compliance and oil and gas reporting.
Companies that use Miller and Lents
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Miller and Lents technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Miller and Lents partnerships and signals
Strategic signalScale indicators2 records
Expansion highlights3 records
Miller and Lents competitors and assessment
Company assessmentDirect peers
- Netherland, Sewell & Associates: Dallas-based independent petroleum engineering firm specializing in reserves evaluation and reservoir studies for SEC/SPE-PRMS reporting — a near-direct functional overlap with Miller and Lents' core reservoir-evaluation practice.
- Ryder Scott Company: Houston-headquartered reserves auditor providing independent reserve estimates and SEC-compliant reporting for E&P clients globally — directly competes with Miller and Lents in the same independent-reserves niche.
- DeGolyer & MacNaughton: Long-established Dallas-based petroleum consulting firm offering reservoir evaluation, reserves audits, and geoscience studies — directly comparable to Miller and Lents in scope, client type, and historical positioning.
- Sproule: Calgary-based independent reserves and resource evaluation consultancy serving E&P companies on SEC/National Instrument 51-101 reserves reporting — direct peer in independent reserves advisory with North American upstream overlap.
- Gaffney, Cline & Associates: Global oil and gas advisory firm providing independent reserves audits, reservoir engineering, and transaction support — comparable in offering a boutique, expert-led independent advisory model to upstream clients.
Emerging players
- Bayphase: Independent reserves auditor focused on listed-rule reserves reporting (PRMS/SEC); a smaller, growing peer competing for the same independent-reserves mandates as Miller and Lents.
- AGR (Aker Solutions): Energy consultancy and reservoir management firm providing independent reservoir studies and drilling/well engineering support to operators — adjacent peer with overlapping upstream consulting offerings.
Broad incumbents
- S&P Global Commodity Insights (incl. IHS Markit heritage): Large-scale energy research, data, and advisory platform serving E&P, financial, and policy clients — overlaps with Miller and Lents in upstream benchmarking data and reserves/commercial advisory, though at much broader scope.
- Wood Mackenzie: Global energy research and consultancy covering upstream asset evaluation, reserves/commercial due diligence, and sector forecasting — a scaled competitor adjacent to Miller and Lents' advisory work.
- RPS Group (RWE/Tetra Tech heritage): Diversified energy and environmental consulting firm providing subsurface, reserves, and energy-transition advisory to E&P and infrastructure clients — broader scope but overlapping independent advisory work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Miller and Lents social profiles
Digital presenceMiller and Lents financial estimates
Financial estimateRevenue estimate
Valuation estimate
Miller and Lents leadership team
Management profileNumber of profiles
Profiles1 record
Miller and Lents funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Miller and Lents M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Miller and Lents
What does Miller and Lents do?
Miller and Lents provides upstream oil and gas consulting services focused on independent reservoir evaluation, petroleum engineering advisory, and SEC regulatory compliance support for exploration and production clients. Complementing its consulting work, the firm publishes monthly SEC first-day-of-the-month price benchmarks (WTI, Brent, Henry Hub) and educational resources on reserves estimation following SPE-PRMS standards. Engagements are project-scoped and delivered directly by the firm's Houston-based experts.
Is Miller and Lents a public or private company?
Miller and Lents is a private company. It is classified as management employee owned and is currently operating.
When was Miller and Lents founded?
Miller and Lents was founded in 1948. It employs 11 to 50 people.
Where is Miller and Lents based?
Miller and Lents is headquartered in Houston, United States, in the North America region.
How does Miller and Lents make money?
One revenue line is on record: consulting Services.
Who are Miller and Lents's main competitors?
Direct peers on record are Netherland, Sewell & Associates, Ryder Scott Company, DeGolyer & MacNaughton, Sproule and Gaffney, Cline & Associates. Emerging players are Bayphase and AGR (Aker Solutions). Broad incumbents are S&P Global Commodity Insights (incl. IHS Markit heritage), Wood Mackenzie and RPS Group (RWE/Tetra Tech heritage).
Does Miller and Lents have an API?
No public API is recorded for Miller and Lents.