Who we are
Wert-Berater, Inc. has prepared independent feasibility studies for lenders, certified development companies, and federal agencies since 1998 — more than four thousand engagements representing $40.2 billion in evaluated project value across all fifty states and international assignments. Our fiduciary duty runs to the lender and the agency, never to the sponsor’s optimism: fees are fixed, quoted up front, never contingent on findings, and a determination is never changed under pressure.
What we do
Oilfield-services feasibility is rig-count arithmetic disciplined by contract quality: the active drilling and completion activity within the service radius, the operator relationships and master service agreements behind the revenue assumption, utilization and day-rate or stage-rate economics by service line, and the equipment reinvestment cycle that consumes apparent margin. The category's cyclicality is modeled honestly, with coverage tested at activity levels below the current count.
How we do it
The analysis uses basin rig and completion counts, service-pricing surveys, customer-concentration review, and equipment cost and life data. The model presents revenue by service line with utilization sensitivity as the controlling stress case.
How we can help you
Oil, gas, and heavy-industrial projects reach us through conventional and institutional lending most commonly, with USDA B&I applicable to qualifying rural energy and processing assets and SBA programs serving owner-operator support businesses; each study is prepared to the corresponding compliance standard, with environmental and regulatory conditions precedent stated plainly. The firm's energy and fuel-infrastructure record spans travel centers, fuel terminals-adjacent retail, and industrial projects nationwide, prepared with the same fully linked models and stress discipline as every Wert-Berater engagement.
How to engage us
Standard delivery is 10 to 15 business days from complete project data. Rush delivery for deals already in underwriting is accepted case by case for an additional fixed fee, quoted up front and committed in writing. Engagements are typically initiated by the borrower, with lender or CDC confirmation obtained before work begins — institutions differ, so confirm the procedure with your lending contact.