Sr Reservoir Engineer
Resume:
J. Michael Alderman
Sugar Land, TX *****
acy3sq@r.postjobfree.com 713-***-**** www.linkedin.com/in/jmichaelalderman
Senior Reservoir Engineer
Conventional & Unconventional Maximize Value
Report supportable reserves, conventional or unconventional, to management or external customers, while maximizing value through coordination with operations, marketing, and production departments.
Adapt easily to new software. Self-motivated professional, team-oriented, detailed but mindful of big picture.
Areas of expertise:
Forecasting Volumetric and Material Balance Software Adaptable
Auditable Reserves & Economics Marketing Strategic Planning
Professional Experience
EP ENERGY LLC, FORMERLY EL PASO EXPL. & PROD, Houston, TX 2008 2016
Sr Reservoir Engineer Evaluation
Evaluated, analyzed and reported to management and third-party auditors Unconventional Reserves of Eagle Ford, Wolfcamp (formation in the Permian Basin) and Haynesville under SEC rules for annual financial reporting using ARIES database. Had responsibilities with reporting conventional reserves in onshore and offshore Louisiana and Texas. Earlier I reported reserves in Brazil and Egypt.
Developed pricing model, easily understood and applied to reserve software, maximizing margin value. Model approved by Reserve Board and used by all regions.
Coordinated with all departments to implement reporting practices, increasing revenue and minimizing operating and production costs.
Developed Type Curves through volumetric reserve calculations, decline analysis through Fekete software, and probability studies, supporting reserves through RTA and reserve simulation.
Hold monthly surveillance meetings with associated production and reservoir engineers to stimulate discussions on maximizing production and hold annual field reviews which include same professionals but include the field superintendent and operators and a chemical marketer in an effort to maximize production.
Attend micro-seismic presentation by vendor to assess well spacing and 3-D seismic presentations to assess continuity of the reserves.
Develop studies to design completions such as lateral length and number of stages in order to minimize drill cost to production levels
J. Michael Alderman acy3sq@r.postjobfree.com Page Two
ENERFIN RESOURCES COMPANY, Houston, TX 1997 2008
Manager, Gas Marketing and Trading 2006 2008
Negotiated all sale, processing, and transportation agreements for natural gas, NGLs, crude, and condensate to maximize profitability on existing gathering systems in Oklahoma, Texas, California, and Oregon. Executed optimal strategy plan to market the gas, oil or NGLs in new areas of business.
Performed due diligence on sale, processed and transportation agreements for pipeline assets, and determined commercial profitability of obtaining assets, ensuring no hidden liabilities, full knowledge of current profit drivers to develop a model to improve margin.
Analyzed future price and basis risk, developed and implemented strategies to minimize risk behind gathering assets.
Developed financial models and risk management tools, improving profitability.
ENERFIN RESOURCES COMPANY (Continued)
Manager, Contract and Commercial 1997 2006
Managed all commercial transactions for 500+ contracts involving 400 producers across 600 receipt points. Executed monthly sale of residue gas, and purchase of fuel gas for gas gathering systems in Oklahoma, California and North Texas.
Negotiated processing, transportation, and gas sale contracts, maximizing profitability on several gathering systems in Oklahoma, Texas, California, and Oregon.
Developed strategies, improving profitability through analysis, models, imbalance monitoring and risk management tools.
Conducted contract due diligence and system transition for purchased assets, guaranteeing contract requirements properly upheld.
Education
Masters in Business Administration (MBA), University of St. Thomas, Houston, TX
Bachelor of Science (BS), Petroleum Engineering, Louisiana Tech University, Ruston, LA
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