Hite & Associates

What Hite & Associates does

Hite & Associates, Inc. (H&A) is a privately held petroleum engineering and business advisory consulting firm founded in 1997 and headquartered in downtown Houston, Texas. The firm operates as a professional services boutique serving the oil and gas industry, with a client base spanning major oil companies, independents, pipelines, royalty owners, trusts, foundations, private investors, banks, and other consulting firms on both domestic and international engagements. Four named personnel lead the practice: founder and President George C. Hite P.E., Vice President Judy D. Hite, Office Administrator Carol A. Callahan, and Senior Consultant Jim Ogletree, supported by additional engineering and support staff in a 1-10 employee organization.

H&A delivers six integrated consulting service lines: Reservoir Engineering/Special Projects (reserve estimation, production profiles, cash flow forecasts, year-end reserve reports, field and reservoir studies, and due diligence for midstream/downstream investments); Economic Evaluations (reserve reports, fair market value opinions, M&A cash flow projections, divestiture packages, estate valuations, and bank financing analyses executed in Aries and PHDWin economic software); Mineral Owner Leasing and Management (monitoring of drilling and production operations, auditing of royalty payments, lease amendment negotiations, and dispute mediation for estates in excess of 500,000 acres); Gas Storage Engineering (inventory verification, reservoir simulation, operational audits, downhole diagnostics, and withdrawal/injectivity testing for natural gas storage facilities); Business Advice (corporate planning, deal structures, prospect review, due diligence, divestitures, and representation of non-operating working interests); and Litigation Support/Dispute Resolution (expert testimony in bankruptcy, drainage, failure to develop, bad faith pooling, and improper royalty payment cases).

The firm monetizes through hourly professional-services billing, explicitly stating in its litigation support practice that compensation is not contingent on case outcomes, positioning H&A as an independent third-party opinion provider. Its go-to-market is direct relationship-based business development with no digital marketing infrastructure beyond a basic website contact form, and it collaborates with peer consulting firms on large asset-team projects that exceed in-house capacity. The firm is bootstrapped and family-controlled, with no external investors, parent company, or funding rounds disclosed, and holds no patents, no formal certifications, and no public awards in the source data.

Name

Hite & Associates

Legal name

Hite & Associates, Inc.

Website

https://hiteinc.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

Hite & Associates, Inc. is a privately held, Houston-based petroleum engineering and business advisory consulting firm founded in 1997, serving major oil companies, independents, royalty owners, banks, and trusts across domestic and international engagements through six integrated practice areas.

Ownership category

akta.pro rank

Product category

Petroleum Engineering Consulting

NAICS

Engineering Services (54133), Management Consulting Services (54161), Other Scientific and Technical Consulting Services (541690)

SIC

Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389), Services-Engineering Services (8711), Services-Management Consulting Services (8742)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industries

Mineral Rights, Leasing & Land Management (EUALAAAB), Litigation & Dispute Valuation (damages, shareholder disputes) (FSAEAHAI)

Keywords

• Petroleum engineering consulting
• Reservoir engineering services
• Economic evaluations oil gas
• Mineral owner management
• Litigation support petroleum

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Petroleum Engineering Consulting Services: Professional consulting services provided to oil and gas industry clients including reservoir engineering, economic evaluations, mineral owner management, gas storage engineering, business advice, and litigation support. Services are billed primarily on an hourly basis for independent third-party opinions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Hite & Associates, Inc. is a petroleum engineering and business advisory consulting firm located in Houston, Texas that provides six integrated service lines to the oil and gas industry: Reservoir Engineering/Special Projects, Economic Evaluations, Mineral Owner Leasing and Management, Gas Storage Engineering, Business Advice, and Litigation Support/Dispute Resolution. Services include reserve estimation, cash flow forecasts, fair market value opinions, royalty auditing, lease negotiations, gas storage reservoir simulation, corporate planning, deal structures, and expert testimony for bankruptcy, drainage, royalty, and pooling disputes.

Product overview

Hite & Associates, Inc. (H&A) is a petroleum engineering and business advisory consulting firm offering a unified portfolio of six integrated consulting services to the oil and gas industry. The core service cluster includes Reservoir Engineering/Special Projects (providing reserve estimation, production profiles, and cash flow forecasts), Economic Evaluations (using Aries and PHDWin software for reserve reports, fair market value opinions, and M&A projections), Mineral Owner Leasing and Management (royalty auditing and lease negotiations), Gas Storage Engineering (reservoir simulation and operational audits for storage facilities), Business Advice (corporate planning, deal structures, and divestitures), and Litigation Support/Dispute Resolution (expert testimony and mediation for drainage, royalty disputes, and bad faith pooling cases). These services are designed to work together, with reserve estimations and economic evaluations forming the technical foundation for investment decisions, property transactions, and dispute resolution.

Differentiator

Problem solved

Functional benefit

Products and services

• Reservoir Engineering/Special Projects Reserve estimation with production profiles and cash flow forecasts, company year-end reserve reports, field and reservoir studies, supply studies for gathering systems, pipelines and gas processing plants, and due diligence for midstream/downstream investment projects. Targeted at oil and gas operators requiring technical reservoir and production analysis.
• Economic Evaluations Economic evaluations including reserve reports, fair market value opinions, merger and acquisition cash flow projections, divestiture packages, estate valuations, and bank financing, performed using Aries and PHDWin economic software. Targeted at oil and gas operators, banks, private investors, and estate administrators.
• Mineral Owner Leasing and Management Monitoring drilling and production operations, auditing royalty payments, projecting future royalty payments, negotiating lease amendments, and mediating disputes for mineral interest owners. Includes management of mineral estates exceeding 500,000 acres and negotiation of 3-D seismic activity. Targeted at royalty owners, trusts, foundations, and private investors.
• Gas Storage Engineering Reservoir engineering services for natural gas storage facilities including inventory verification, reservoir simulation, operational audits, downhole diagnostics, and withdrawal/injectivity testing. Targeted at pipeline operators and natural gas storage facility owners.
• Business Advice Corporate planning, deal structures, prospect review, engineering operations, due diligence, divestitures, representation of non-operating working interests, property sales and acquisitions, and financing of oil and gas interests. Targeted at oil and gas operators, private investors, and working/royalty interest owners.
• Litigation Support/Dispute Resolution Expert testimony in bankruptcy, drainage, failure to develop, bad faith pooling and improper royalty payments; unbiased engineering analysis for case valuation; mediation, arbitration and litigation support. Billed at hourly rate for independent third-party opinions, not compensated depending on case outcome. Targeted at legal counsel, courts, and parties to oil and gas disputes.

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• W.D. Von Gonten & Co. Houston-based petroleum engineering and geoscience consulting firm specializing in reservoir studies and reserve evaluations for oil and gas operators, comparable in technical focus to H&A.
• Miller and Lents, Ltd. Houston petroleum engineering consulting firm offering reservoir evaluation, reserve reporting, and economic analyses to E&P companies, banks, and legal clients, mirroring H&A's core service set.
• Lee Keeling & Associates: Oklahoma-based petroleum engineering consultancy with a particular specialty in natural gas storage reservoir engineering, directly competitive with H&A's gas storage engineering service line.
• Cawley, Gillespie & Associates: Texas-based petroleum engineering consultancy providing reserve estimates, economic evaluations, and expert testimony for litigation, overlapping with H&A's reservoir and litigation support practices.
• DeGolyer & MacNaughton: Long-established Dallas petroleum consulting firm delivering reservoir engineering, reserve reports, and expert witness services to oil and gas operators globally, directly comparable in service mix to H&A.
• Netherland, Sewell & Associates: Dallas-based reservoir engineering and geoscience consulting firm providing reserve reports, economic evaluations, and reservoir studies that closely overlap H&A's reservoir and economic evaluation services.
• Ryder Scott Company: Houston-based petroleum engineering consulting firm offering reserve audits, reservoir engineering, and economic evaluations to the same oil and gas client base as H&A, with substantially larger headcount.

Emerging players

• Energy Advisors Group: Boutique petroleum engineering and management consulting firm offering reserve audits and advisory services to upstream operators, providing direct head-to-head competition for smaller H&A-style engagements.
• Haas Engineering: Specialized natural gas storage consulting firm providing reservoir simulation and operational audits, overlapping with H&A's gas storage engineering service but on a narrower scope.

Regional players

• Sproule (now part of DCC Energy): Calgary-based upstream reserves and reservoir consulting firm serving a similar oil and gas client base with reserve reports and evaluations, primarily competing with H&A on cross-border North American engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hite & Associates