2016 - 2019
Principal Economist

Subject matter expert on:
-Carbon charges and border adjustments
-Global fiscal terms
-Asset valuations

2016 - 2019
Petroleum Economist

Traditional Petroleum Economics​​

At Ryder Scott, I evaluate commercial oil and gas properties for NOCs, IOCs and independent producers across the globe for the purpose of reserve audits, economic and sensitivity evaluations, and review of fiscal terms and contracts.  I am skilled with preparation of economic projections using deterministic, probabilistic, and advanced statistical methods. 

As the lead economist Ryder Scott assigns to IOC clients, I regularly oversee the interpretation of operating agreements and contracts, the construction of complex excel based financial modeling, and project cash flows.  Furthermore, I am often called upon to interpret and issue opinion letters as to the bookability of reserves where differing opinions exist.  I am knowledgeable in the application of both SEC and SPE-PRMS reserves guidelines. 

​A couple of the more exciting traditional projects I have contributed to included advising an NOC as to the development of new fiscal and economic terms, including evaluation of cash flows and profitability metrics for multiple operating and economic scenarios.  The final product was used to prepare the terms of reference and the fiscal letter sent to bidders in the tender of a major Persian Gulf gas field.  Additionally I was the Economic Analyst as part of a team tasked with technical evaluation of IOC tender bids to operate another major Persian Gulf oil field.

Advanced Analytics 

​Upon recognizing the immense benefit analytics could bring to internal workflows and to our clients, I started the Ryder Scott Advanced Statistical Methods Initiative, where I began working to develop internal tools, process, and guidelines for incorporating analytics based forecasts into the standard unconventional assets workflow. To get everyone aligned in the new methodologies, I authored a multi-session course including workshops for engineers to educate and inform them of the impact of these methodologies in decision making and reserves assignment.

Because of my efforts in advanced analytics, Ryder Scott now uses advanced statistical methodology to forecast future production, identify key drivers of production and profitability in unconventional plays, and book reserves. In fact, when clients began viewing my work and presentations, Ryder Scott obtained numerous contracts where the primary focus of the work is analytics. 

One of the key analytics projects I led was the evaluation and bench-marking of performance of a major independent operator in the United States Williston Basin.  I performed months-long deep analytic analysis of the assets, operator, competitors, and production.  Subsequent results were used to provide recommendations to the senior management and executives regarding better field development and frac completions practices to increase the expected future cash flow.

2013 - 2014
Production Analyst

As a production analyst, I managed and resolved oil and gas reporting variances for Chesapeake’s Weatherford and Elk City field offices.  This diligence resulted in more than $4 million of oil and gas recovery in one year. 

Always interested in increasing efficiency and accuracy, I designed new reporting and analysis procedures for Production Services and Chesapeake Energy Marketing Inc. (CEMI) which saves Chesapeake approximately 1,500 labor hours per year compared to the previous system.  In addition, new process designs in the federal interest reporting procedures reduced the required analysis labor hours by an astounding 95%.

Within the southern mid-continent region of the department of reservoir engineering, I developed a Microsoft Excel-based well economic valuation model.  This allowed engineers and non-engineers alike to quickly and roughly assess the expected production and value of a well given a variety of ownership, engineering, and economic factors.  The value of the program was in that it quickly narrowed the proposals that needed to be more carefully modeled in ARIES Petroleum Economic and Reserves Software.

2013
Process and Design Analyst

In only a few months at Fiber Pad, I designed and implemented improved reporting procedures in the quality assurance department.  This resulted in 2,000 saved labor hours per year, making it easier and more cost-effective for Fiber Pad to comply with ISO 9001 and AS 9100 certification requirements. 

Working with Fiber Pad's President and CEO, I created financial indicators and dashboards allowing executives to more quickly view FPI’s manufacturing performance compared to internal and industry benchmarks.  Executives were thus able to more quickly assess and implement workflow alterations.

2010 - 2013
Senior Research Analyst

While at Triarii Scientific, I worked within the following subsidiaries:

EMB Energy, Inc

EMB Energy Inc. worked toward the commercial development and marketing of an economically viable electromechanical battery technology which would meet electric power grid challenges.  As part of the EMB team, I immediately began managing and directing a team of interns with engineering and business backgrounds who gathered market research.  After the preliminary market data was compiled, I directed research in the application of bulk energy storage technologies to solar and wind electric production smoothing, utility scale electric tariff structure leveraging, and future power grid challenge solutions.  The subsequent results gained the attention of Sandia National Laboratories and were presented at the “Electrical Energy Storage – Applications and Technologies” conference of 2011 in San Diego, California.  Through the conference presentation, EMB Energy gained international exposure and contacts needed to continue its development.

I also developed EMB Energy’s Tariff Pricing Database.  The analysis program was used to price electricity and adjust energy demand curves for more than 600 large industrial tariffs structures covering the continental United States.  The analysis program enabled the value of bulk energy storage to be quantified from ambiguous and abstract benefits, thus making a powerful sales tool.

After co-authoring the EMB Energy business plan, which included scientific explanations for investors and risk factors analysis, discussion opened with potential investors and stakeholders.  Collaborative efforts with owners and managers of wind and solar generation resulted in in-depth analysis of the bulk energy storage technology value to the renewable energy sector.

TriCAP, Inc.

TriCAP, Inc. was created to develop a national woody biomass feedstock resource center for use in biofuels generation.  As part of the start-up effort, I led research into invasive woody biomass geographic location and density, biomass contracting and harvesting costs.  The information was compiled and used to quantify the extent of the market, opportunity, and expected profitability, providing a more detailed perspective for executives and Investors.

This work was used to develop pro forma financial statement and budgets.  Fortunately I was able to identify potential problem areas and expenses that had been overlooked by previous analysts. Collaborating with executives, the business plans were altered to increase future profitability and sustainability.

I authored the TriCAP business plan given to every prospective investor group.  This business plan gained attention of a Fortune 100 company, opening discussions that TriCAP executives had long sought.

US Biomass, Inc.

US Biomass sought to bring a processing solution to market which transformed traditionally uneconomical biomass into viable commoditized fuel and chemical products.  As part of the development team, I researched fly ash and biomass ash use and regulation in cement production, environmental regulations regarding biomass ash, and utility use of biomass fuels.

After authoring the business summary, opportunity and challenge materials, I developed and delivered US Biomass overview presentations to potential investors.  As part of the business development team, I organized and maintained discussion with a global coal briquette company, prepared market analysis and strategic planning for possible future operations.  This opened one of the most valuable communication pathways and advantageous partnerships to US Biomass.