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Field Development, Planning and Forecasting

Calgary, Alberta, Canada
March 29, 2019

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Vadim Savenkov, P.Eng.

Calgary AB


Senior Reservoir Engineer

Focus Pursuit Grit

Results driven an Oil and Gas Professional who thrives in fast-paced environments focusing on meaningful targets. Extensive international experience in field development, modeling and forecasting while continually improving business operations. Bringing to the company the unique combination of reservoir engineering skills and strong analytical background to contribute in assets value maximization.

Professional Skills

Field Development Data Analysis Economic Evaluations

Reservoir Studies Production Optimization Reserves Assessments

Adaptability Critical Thinking Multi-Disciplinary Competence

Professional Experience


Senior Petroleum Engineer

Led reservoir studies to improve carbonate reservoir development plans creating highly profitable business opportunities with minimal risk

Enhanced well productivity over 20% implementing a water flood by building integrated numerical models including a simulation of multistage fractures in low permeability environments.

Improved field recovery over 12% by creating alternative depletion strategies through history matching the performance of a producing multi-stage fractured horizontal wells.

CONOCOPHILLIPS, Calgary, AB 2012-2017

Senior Reservoir Engineer

Managed joint venture stage gated large scale projects of over 300Mbbls/day of gross production. Focused on field development planning, well performance analyzing and monitoring, corporate reserves assessments and reporting, project coordination, production forecasting, depletion scenarios, acquisitions and divestitures evaluations and reservoir studies

Increased pad production 10% over 1 year by recommending on optimization opportunities including artificial lift conversions timing, pressure management, re-completions and alternative drilling locations.

Generated cost savings over $5MM by prioritizing cost areas and initiating asset benchmarking between operated and non-operated asset analyses to support major capital project final investment decisions.

Improved reservoir performance to maximize value by coordinating and executing simulation studies consisting of steam ramp-up, recovery factor, solvent co-injection and well spacing.

Ensured project performance is fully understood by positive stakeholder’s engagement and preparation of materials for management committee meetings.

Increased proved reserves by 20% over 5 years by conducting qualitative and quantitative interpretation and analysis of large scale field data. Maintained accuracy and integrity of the corporate reserves and resources.

Generated project savings over $10MM by delivering first batch of 2017 tubing deployed flow control devices designs for production optimization.

SPROULE, Calgary, AB 2005-2012

Partner, Senior Reservoir Engineer

Championed integrated reservoir studies and reserves evaluations of conventional and unconventional reservoirs to support field development planning for major clients like Exxon Mobil, YPF S.A., PDVSA, Lukoil, Petro-Kazakhstan, Encana, Enbridge and Suncor

Validated field development scenarios by building and executing simulation studies to impact all phases of green and brown oil and gas field developments oil. Led integrated field reviews and economic evaluations for various types of reservoirs in Canada and the US.

Increased asset value over 30% by conducting development options screening and valuations. Pioneered reserves evaluations for Western Canadian resource plays.

Maximized oil recovery over 10% in carbonate and heavy oil reservoirs by carrying out reservoir studies for multiple enhanced oil recovery schemes including CO2/WAG, CSS and polymer floods.

Improved business development process by planning, budgeting, and preparation of proposal requests for consulting projects.

Initiated changes in project development by engaging functional team members and presenting reliable development strategies for informed decision making.

Mentored junior engineers by providing development opportunities and helping them to become a valuable part of the team.

Gazprom-Neft, Noyabrsk, Russia 2003-2005

Field Development Manager

Managed subsurface team of reservoir engineers and geo-scientists. Created field development, optimization and appraisal plans for large pools. Acquired and maintained regulatory permits and subsurface licenses. Led production forecasts driven by well, reservoir and facilities constraints

Directed operations and recommended on production optimization by managing cross-functional team and organizing inter-disciplinary integration of field and well data.

Supervised integrated field reviews to improve water flood efficiency by leading team to create development plans for brown and green fields.

Arbitrated regulatory permits and subsurface licenses by collaborating and negotiating with government officials.

Boosted production performance over 50% by facilitating the successful drilling of 1,000 horizontal wells and sidetracks.


Master of Business Administration (MBA), Management, Hagan School of Business, New Rochelle, New York, USA

Bachelor of Science (BSc), Petroleum Engineering, Gubkin State University of Oil and Gas, Moscow, Russia

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