Charles Hager Email & Phone Number

Consulting Expert in the areas of:Hydraulic Fracturing / Frac PacksGeoMechanic ModelsReservoir Engineering / SimulationPTA / RTALab Core Testing / IntegrationNodal AnalysisDecline Curves, Economics, and Reserves

United States

Providing the best in Hydraulic Fracturing Analysis (DFIT, MiniFracs, Post ISIP decline) and Simulation with highly detailed GeoMechanic Modeling, a Proprietary Synthetic Shear Wave Generation, along with Reservoir Analysis (PTA, RTA) and Simulations.Integrated with Petrophysics and Laboratory Associates to bring unique experiences and skill sets for breaking paradigms and identifying new opportunities.Key Projects Include:- Analyzed and build the reservoir and stimulation models, built the business plan of a Wolfcamp/Bone Springs play in Pecos county. Study Included Economic Evaluations, Reserves, and Completions plan.- For both the Marcellus and Utica/Point Pleasant, integrated and History Matched production using both CMG and Eclipse reservoir simulators with detailed frac proppant gridding. Introduced Stress Dependent Permeability while Integrating >500 cores with Pulse Decay and Pressure Decay Perms.- Identified a 30% increase in Utica/Point Pleasant production from improving proppant size distribution.- Identified a 25% increase in Marcellus production from changing current slickwater to hybrid fracs.- Study incorporated Economics, RTA (Harmony), PTA (PanSystem), and Nodal Analyses.

Houston, Texas Area

Managed and Advised Reservoir and Completions work, plus integrating Petrophysics and Lab tests for the UK and Mexico arenas. Coordinated all project management, performed key study deliverables, and presented client results.Key Projects Include:-Identified a 6x production upside from PTA and reservoir simulation, integrated with Core testing for UKOG's “Gatwick Gusher” in SE England.- Stimulation redesigns in Mexico's Burgos Basin generated 2x production over the previous top well with <50% gel and <50% water volumes. Changing from a Crosslink fluid to a Linear and XL hybrid design which reduced excessive frac height for a surgical placement.

Midland, Texas

Managed and performed the integration of reservoir engineering (simulation, PTA, core testing), along with hydraulic fracturing (analysis, modeling, design), on-site field operations, economic evaluations, project planning, and mentoring of staff.Key Projects Include:-Redesigned Woodford horizontal well completions resulted in over three times (3.5x) the productivity, as compared to the standard slick-water fracturing design. Results verified with dozens of gas & water chemical tracers, as well as a 2-month shut-in PTA pressure buildup test of a 30-stage lateral.-Identified key barrier in the Mississippi Lime in Oklahoma. Stimulations initiated above this zone grew up, while Stimulations initiated below this zone grew down. Led to an understanding of the trend.

Denver, Colorado, United States

• Developed over 100 horizontal wells in the Bakken/Three Forks of North Dakota and Montana.• Led the Reservoir Engineering, Stimulations, Artificial Lift and Reserves evaluation and design work. • Company entered bankruptcy due to the dramatic drop in oil prices during 2015.

Houston, Texas, United States

Technical Advisor under Dr. Mike Smith on key field studies requested by clients both domestically and internationally, onshore and offshore, conventional and unconventional, Geothermal, and CCUS. Stimplan expert user, and software trainer.Generated technical advancements to Stimplan and provided user improvements. Taught classes and workshops.Key Projects Include:-Chevron’s Deepwater GOM Jack and St. Malo projects: Only Consultant of 4 companies that matched both MiniFrac’s and Fracs with 1 unified Model. Recommended 2 Frac Boats per stage to increase production and reduce well count. Adoption saved over $125MM per well. Jan-2006 and Nov-2010.- Successfully designed and placed the 1st Frac Pack for Statoil in the North Sea, Statfjord Field April-2009.- Evaluated and advised on Petrobras’ first Three SubSalt Discovery Wells, Offshore Brazil Oct-2009.-Generated the prospect through Reservoir Simulation, Designed and Placed a Successful Fracture Stimulation and Completion in Offshore Tunisia Miskar Chalk resulting in a 35mmcfd Gas Well. Results confirmed with Shut-In PTA pressure buildup test. (for British Gas)- Performed early analysis and design work for Oman’s Amin and Lower Ghudun Discoveries for Petronas-Simulated the CO2 Injection Modeling for Battelle’s industry groundbreaking CCUS projects. (Rose Run, Mt. Simon, and Copper Ridge Formations)-Modeled and Improved Ormat’s Brawley Geothermal Water Cycling Field in California.Additional Projects Include:Unconventional Horizontal Wells -Eagleford, Barnett, Codell/Niobrara, Cotton Valley, Bossier, Marcellus, Utica/Point Pleasant, Bakken, Montney-Canada, Vaca Muerta, Monterrey, Woodbine, et al.Offshore -Davey Jones, Laffitte, Blackbeard –Deepwater GOM: Offshore Newfoundland: Offshore NigeriaOnshore -Gulf coast, S. Texas: Loma de la Mina, Argentina: Rio Neuquin and Marinziero, Argentina: Devonian Shales, NE BC: Tierra del Fuego, Chile: Uinta Basin, Utah: Cardium, Alberta: Risha, Jordan

Denver, Colorado, United States

Hired, managed and mentored 23 reservoir engineers, petrophysicists, and technologists through 4 corporate divisions. Drove the identification and implementation of company growth through a systematic study of existing fields. Oversaw the economics, reserves, budgeting, and planning for the company portfolio.- Net daily production increased from 115MMcfde to 325MMcfde, while PDP and PUD booked reserves increased from 0.4Tscfe to 1.1Tscfe during a 4 year period.- Identified development or acquisition opportunities which led to an increase in TBI’s share price from $12.75/share to $48.00/share when purchased by Encana. This resulted in a market cap increase from $400 million to $2.2 billion in less than five years with a minor rise in natural gas prices.- Oversaw Yearly Reserves, Economics, Capital Budgeting, and overall Corporate Planning for guidance.- Increased capital spending from $47MM/yr to over $286MM/yr while staying within cash flow.Key Projects Include:- Evaluated Matador and Stellarton Acquisitions which added ~325Bscfe of PDP reserves.- Mimm’s Creek Field: Increased gas production from 6 MMcfd to >70 MMcfd in 4 years. Full-field reservoir simulation and hydraulic fracture stimulation matching supported infill wells in the low permeability Bossier Sandstone (0.001-0.009mD). Down spaced from 160 acres to 20 acres and increased reserves from 39 Bscf to 195 Bscf.- East Roanoke Field: Identified offset vertical well in LA that resulted in >20MMscfd exploitation development.-Andy’s Mesa Field, Paradox Basin: increased from 3 MMcfde to 40 MMcfde from the full-field reservoir study that showed infill and frac stimulation opportunities. Grew reserves from 25 Bcf to over 125 Bcf.- White River Dome Field: Increased production from 6 MMcfde to 33 MMcfde in 2 years on a fracture stimulated coal play at a depth range of 6500’-8000’. Believed to be the deepest economical coal play in the world.

Houston, Texas, United States

Performed reservoir engineering simulations, production optimization studies, well testing, hydraulic hydraulic fracturing, and built development programs for key fields throughout the international arena. This included India (Tapti), Trinidad (Ausprey), China (Xian Xi), and offshore Venezuela.Assisted domestic offices with training and support.Key Projects Include:- Offshore Trinidad: Reservoir engineer for the discovery, testing, evaluation, and development of the ~800Bscf Ausprey field, the largest gas find in (EOG) history. Designed and analyzed modified isochronal PTA test for 32mmcfd discovery well, modeled in Eclipse and designed the 5-well depletion plan. The field produced at ~150 MMscfd with excess capacity.- Offshore India: Led the reservoir evaluation and full field simulation of the complex Tapti Field. This project incorporated Eclipse, Petrel, and PanSystem for the development of a 6.5Tscf Gas Field. Utilized Full-field Earth modeling for over 20 Reservoirs with varying fault blocks, water contacts, and aquifer strengths in a fluvial environment. Identified an egregious tubing restriction which increased production from 8mmcfd to 52mmcfd offshore.- Western China: Reinterpreted a lower permeability Xian XI reservoir in Sechuan Basin, which resulted in the largest fracture stimulations ever pumped in China at the time. Designed and placed (on location) the first ~1 MMlbs Bauxite fracs in China. Pumped at >70bpm and 12,000 psi, which made >18mmscfd vertical gas wells.- Ran Well and Project Economics, Annual Reserves bookings, and Budgeting Well Development and Forecasting.

Houston, Texas And Tulsa, Oklahoma, United States

Last 5 years spent in Amoco's Research Center handling consulting requests while learning Hydraulic Fracturing, PTA, RTA, Reservoir Simulation, Nodal Analysis, and Artificial Lift from the Industry's top experts. This position focused on studying fields across all business units throughout the world.Worked over 100 technical studies in the areas of hydraulic fracturing, PTA / RTA, and reservoir simulation. Key Projects Include:-International: Russia, Trinidad, Columbia, Jordan, Canada foothills, Mexico, Ecuador, North Sea, Norway, China, Venezuela, Romania, and Algeria. -Domestic: Deepwater GOM Fracpacks, Whitney Canyon/Carter Creek, Barnett Shale, Cotton-Valley Trends and Reefs, Bossier Shale, Wamsutter, Antrim Shale, Piceance Basin, Moxa Arch- Almond, Bravo Dome CO2, Arkoma and Anadarko Basins, Oklahoma, and Louisiana projects.- Integrated fracturing and reservoir simulation in South Texas, Muy Grande field. After predicting a large production increase from PTA and reservoir simulation modeling, designed and placed a 200Mlbs Bauxite stimulation at 12 bpm and 13,000 psi surface treating pressure. Production increased from 6 MMcfd to 32 MMcfd.

Position focused on Production and Operations in the West Texas Midland Basin. Position included Identifying and Implementing Workovers, Step-Rate Tests, Injection Conformance, Stimulations, Economics, Budgeting, and Artificial Lift optimization.