Ryder Scott Company is a petroleum consulting firm based in Houston, Texas, United States.[1] The firm independently estimates oil and gas reserves, future production profiles and cashflow economics, including discounted net present values.[citation needed] It assess oil reserves and evaluates oil and gas properties.[2]
The company was founded in Bradford, Pennsylvania on July 1, 1937,[3] by Harry M. Ryder, a prominent petroleum engineer,[4] who died in 1954.[5] and David Scott, Jr.
In 1967, Ryder Scott acquired Robert W. Harrison & Co., moved to Houston and transitioned from waterflood design to evaluation engineering, which is the core business of Ryder Scott.[6]