Paul Lundy

Paul Lundy Email and Phone Number

Co-Founder, EarthBridge Energy: Consultant - Strategy and FP&A, Petroleum Economics, Business Development, Field Development Studies @ EarthBridge Energy LLC
Paul Lundy's Location
Greater Houston, United States, United States
Paul Lundy's Contact Details
About Paul Lundy

I love to drive business performance for energy assets. I added an additional $400 MM to the Eagle Ford Asset NPV. I’m skilled at coordinating different technical functions to produce integrated packages, such as Field Development Planning or M&A analysis. I evaluate the benefits of projects from standalone to corporate. I’ve developed processes that save time while focusing teams on understanding the uncertainties and consequences of their decisions.* Built and led teams to successful completion of projects, adding $400MM in value to Eagle Ford asset NPV.* Achieved goals by providing clear direction and motivating teams to bring ideas forward. * Ensure communication and information flow across disparate functions, both locally and internationally.* By reaching out to and discussing operations with Eagle Ford competitors, accelerated our appraisal program by some 12 months.* Developed a well design process, 30% faster turnaround than prior results* Improved efficiencies by introducing processes such as integrated field development planning, acquisition candidate screening, and real time production and reservoir surveillance and analysis workflows. * Feedback Included: "Probably save me 2 hours a week as it stands” “70-80% of my time is spent looking for data, these workflows do it all for me” “I really like the alarming philosophy and management by exception”* Developed and maintained customer relationships to optimize solutions and developbusiness / partnerships.* Worked closely with sales to improve their chances of success. Helped one team meet 100% of their sales target for the year by presenting the technical arguments for applying the technology.Specific strengths include:* Having fun!* Team Building and Leadership* Strong Presentation Skills (Voted best presenter at an internal company event)* New Ventures/M&A and Business Development advice* Change Leadership* Field Development Planning (onshore, offshore, conventional and unconventional)* Reservoir Engineering (Simulation, Waterflooding, Classical Analysis)* Production Engineering (Optimization, Gas Lift/ESP’s, Nodal Analysis)* Petroleum Economics (Concessionary and PSA's) and Portfolio Optimization* Workflow Development and Implementation* ID of Current State and Future Optimization * P&L Control / Understanding of Financial Statements* Microsoft: Advanced in Excel, Word and PowerPoint* Documentation and Report Writing* Framing, Risk Analysis, Decision Trees, Monte Carlo application* Strategic Planning/Advice

Paul Lundy's Current Company Details
EarthBridge Energy LLC

Earthbridge Energy Llc

View
Co-Founder, EarthBridge Energy: Consultant - Strategy and FP&A, Petroleum Economics, Business Development, Field Development Studies
Paul Lundy Work Experience Details
  • Earthbridge Energy Llc
    Co-Founder, Earthbridge Energy Llc, A Geothermal Development Company
    Earthbridge Energy Llc Apr 2020 - Present
    Working hard with superb colleagues to bring Geothermal Energy to the world. A bit of everything, from economic modeling, making presentations, writing business plans, talking to numerous people (potential clients, investors, and yes, competitors). The future is closer than you think.
    View
  • Greenfield Midstream
    Consultant - Strategy And Fp&A
    Greenfield Midstream Jul 2021 - Present
    Creating business and financial models to allow fast decisions. Analyzing cash flows under numerous scenarios. Adding increased flexibility to models, resulting in numerous scenarios being run in minutes than hours. Added Monte Carlo to the models to allow even greater understanding of the decision outcomes. Yes, I'm doing this and EarthBridge at the same time. The financial modelling and Excel skillsets are very transferable.
    View
  • Offering Oilfield Management And Value Creation
    Seeking Petroleum Engineering Management, Technical Management, New Ventures/M&A, Consulting Roles
    Offering Oilfield Management And Value Creation Oct 2019 - Present
    • Record of team creation, leadership and career development planning• Highly proficient at creating Integrated Field Development Plans, coordinating input from numerous sources• Recognized for economic modelling and financial analysis• Highly skilled reservoir engineer and reservoir manager, managed many projects• Analyzed numerous M&A opportunities, some to completion• Project Manager, small to complex, remote or local• Direct experience in the realities of Change Management, especially due to technology transformations• Focused on value creation, optimizing production and reserves enhancements to improve NPV• Strategic approach to business realities of onshore and onshore developments• Strong understanding of conventional and unconventional business and development requirements• Expert in creating workflows that consolidate necessary information to enable faster and more confident decisions, and utilizing these in a "real time" context• Expert in customer relationships• Powerful analytical capabilities• Very robust presentation skills, up to and including C level• Strong user of Microsoft products, especially Excel, PowerPoint and Word• Have performed the majority of petroleum engineering requirements; built numerous reservoir, network and single well models• Creative, adaptive and flexible: seeks alternative ways to address issues, always find a solution
  • Bw Energy
    Petroleum Economist
    Bw Energy Mar 2022 - May 2023
    Oslo, No
    Petroleum Economist. Providing rapid feedback to operations to assist in decision making. Worked on numerous M&A opportunities, providing all round commercial, strategic and development options.
    View
  • Vaalco
    New Ventures Manager / Business Development Reservoir Engineer / Field Development Coordinator
    Vaalco May 2015 - Sep 2019
    Houston, Tx, Us
    * Analyzed numerous M&A candidates from both technical and economic perspectives. Presented findings to board and C Suite. Acquired additional equity, divested a small non-strategic asset. * Planned and coordinated a Value of Information workshop to derive the value of performing seismic over the Gabonese assets. The survey was approved.* Planned and coordinated a Strategic Field Development Framing Workshop to help focus on optimal future development options for the Etame field. * Wrote a Request for Information document that explained all the issues facing the asset, and sent to tendering companies to help them develop proposals for consideration (see above).* Created a Field Development Plan for the Equatorial Guinea asset. Coordinated input from Facilities, Drilling, G&G, etc. Derived all production profiles for various scenarios. Completed all economic runs. Created cumulative probability/value curves. As VAALCO is a small company with limited software applications all this was done in Excel. Consolidated with accounting to help with decisions regarding portfolio.* Solely created investor presentation for Equatorial Guinea asset, presented to potential development partners.* Built a Monte Carlo model in an Excel Spreadsheet to determine the potential range of NPV values to enter an area with very limited technical data.* Helped with input to investor presentations for current producing assets .* Convinced one skeptical manager to allow me to use a process I had developed to frame options, and used it regarding a corroding subsea export line. We had captured all the knowns, uncertainties, alternatives, risks, consequences, created mitigation plans and action items with completion date, all on one document. The manager admitted it had saved time, clarified the situation and was transparent to all the team involved.The board decided the team was no longer needed. I had two job offers in international companies before the pandemic saw them both withdrawn
    View
  • Statoil
    Eagle Ford Subsurface Manager
    Statoil Jul 2011 - Aug 2014
    Stavanger, Rogaland, No
    Built a team of G&G, reservoir & production engineers (from 4 to 18 professionals) to develop the Eagle Ford asset. Managed both short and long term planning and forecasting. Created team structure and strategy, built competencies, ensured internal interfaces were strong & effective. Measurably improved the original development profile by adding infill wells. Worked with drilling group to change completions design thus improving EUR and economics by a considerable amount (25% increment). Made contact with competitors to share information and learning so as to accelerate our development plans. Mentored younger team members in both technical and soft skills.* By increasing well count and discussing development techniques with competitors, increased NPV by some $400MM* Derived a workflow and created a template with all inputs for well planning. The template was used to track progress and allowed all stakeholders to see at a glance how any plans were progressing. This allowed us to rapidly chase up laggards or switch wells in the program. Estimated to improved efficiency by some 30%.* Had 5 wells designed ahead on the rig at any time* Created and held an introduction to Petroleum Economic course * Built a close working relationship with my counterpart in the JV. This resulted in a far closer relationship with team members during both partner meetings or for information requests etc.* Assisted and advised the specialist networks to ensure learnings were shared amongst all assets* Accountable for all team assessments, training and development plans. Held regular meetings to discuss progress. The Statoil system included upward feedback, so my own performance was partly decided by my team. Left as I was not going to move my family to Austin. I had a job offer as a Production Manager, the oil crash saw the position withdrawn.
    View
  • Schlumberger
    Consulting Manager, Ne Basin Usa - North America Consulting Manager
    Schlumberger Mar 2009 - Jul 2011
    Houston, Texas, Us
    Moved to Pittsburgh integrating a remote consulting office into the larger Schlumberger culture, e.g. well services, well logging, due to the growth of the Marcellus shale. Developed and enacted medium term plans, added a Data Services (log analyst) function, and brought in more operationally focused skills such as well placement and completion expertise to complement our already strong sub-surface skills. Strengthened both the P&L and business focus for the team. Designed and delivered presentations to clients (technical to executive level) to attract work, then communicated objectives to the technical group to ensure completion. The key is to understand the client needs so that a solution can be designed that satisfies it. Sometimes the client is not aware that there is a need or that a solution exists.* During this tenure also acted as North America Consulting Manger. Created tools to help understand gaps in competencies and use these to understand how performance could be improved * Made improvements to the Pittsburgh's team's understanding of company policies due to an upcoming audit. The VP Consulting praised me for these efforts as the team passed the audit.Due to the rise of unconventional development, was headhunted. Was offered to speak to various major companies, Statoil seemed to be the best fit. Basically, an offer I couldn't refuse
    View
  • Schlumberger
    Principal Reservoir Engineer / Project Coordinator
    Schlumberger May 2007 - Mar 2009
    Houston, Texas, Us
    Visited potential clients to discuss the risk/reward model and then evaluated project potential (technical and cash flow risks) before recommending to executive level whether to proceed or not. Worked closely with BD Manager to grow the business. During this time managed to convince senior management to hold a strategy workshop to identify how we may help the business segment have a stronger understanding of our core competencies to improve project success. Built and managed a remote sub-surface team to evaluate a steam flood opportunity in Canada.* Built a screening tool that helped to rapidly evaluate potential projects. This tool took our general business model, but allowed easy manipulation (WI percentages, time of involvement etc). This allowed us to screen a potential project in 2 to 5 days. This was considerably faster than the previous assessment process which involved building bespoke models, and took anywhere between 20-30 days. * Built a tool that randomly selected well profiles from an area of interest. By creating a drilling program (number of rigs, time between spud to spud etc) a probabilistic profile of scenarios was created. These were input to the screening tool to help with evaluations* Audited a Schlumberger operated field on behalf of the owner to ensure processes were being adhered to and opportunities were being properly evaluated. Learned enough about the operation that I went back later to improve a workflow (below)* The owner was asking us to develop faster. I visited the asset to determine the current state of the information workflow, from field to user. Once understood I created a different way of recording and sending information so that the user had the data in 50% of the time. In essence this was achieved without changing any of the system hardware or software.* Whilst doing the above also recorded various issues with instruments recording incorrect information and hazardous safety issues in the field for correction.
    View
  • Schlumberger
    Senior Solutions Engineer - Real Time Workflow Design And Execution
    Schlumberger Apr 2003 - May 2007
    Houston, Texas, Us
    This was a very interesting position and something I have become very passionate about. I was developing real time workflows and strategies to create commercial applications for Schlumberger that would meet the business needs of customers producing assets. Was awarded one patent for designing a tool to identify current and future state of a workflow and the potential gaps that needed to be eliminated or improved. Worked very closely with the end users to guide and influence them to adopt the new processes as part of the change management program. As a joint venture with a major operating company, I would honestly say that at the end of this project our understanding of real time workflows (or Digital Oilfield) was one of the most advanced in the industry at that time.* The workflows followed a simple "Surveillance (see it)", "Analysis (understand the issue and how to remediate)" and "Decision" philosophy. The objective was to allow faster and better decision making.* Created alarms that allowed users to work by exception* Alarms were generated by percentage difference, defined amount or following a statistical analysis off a data trend* Added a Watch list to allow the user to "park" a potential issue for reminder at a later date* Automated KPI's in real time* Helped create a Waterflood Workflow for testing in the Analysis stage of the project* Documented all learnings and wrote a use case to better understand the philosophy of the project* Wrote user instructions for the surveillance screens* "Wired up" one of my old classical reservoir engineering spreadsheets (fractional flow analysis) to the real time data. An optimization engine was included to quickly estimate reservoir parameters subject to certain constraints. This was used to demonstrate the feasibility of automating analytical work and using the information to make faster decisions.
    View
  • Schlumberger
    Senior Reservoir Engineer / Team Lead
    Schlumberger Feb 2001 - Apr 2003
    Houston, Texas, Us
    Lead reservoir engineer for first North Sea field rejuvenation project. Performed all PVT, SCAL, Simulation. Team lead for numerous reservoir studies, including gas field development and many waterflood studies. Performed advanced studies using the Eclipse simulator. Used Prosper for single well studies, MBAL and GAP as needed. OFM used to quicker well performance analysis.* Worked very closely with the Aberdeen Risk/Reward group. Went to visit potential clients to present Field Development options where Schlumberger would take some risk.* Helped Intelligent Completion sales teams achieve 100% of their targets. Modeled the impact of accelerating reserves by implementing an IC, then presented to clients. Showed basic NPV's of results, showing benefits far outweighed the costs of the device.PRIOR EXPERIENCE: UK (Aberdeen) and Australia (Perth)Reservoir Engineering: * As part of due diligence I re-arranged the scheduling of future drilling targets and increased the reserves by 1 mmbbls whilst reducing the number of planned wells by 2. This saved $50MM (money of the day). * Created numerous spreadsheets to help analyze reservoir performance and/or make future forecasts. These included P/Z and Havlena-Odeh, Fractional Flow Curve matching, Stiles and Dykstra-Parsons, Pressure Transient Analysis and Profile Generation for Field Development Planning.* In the non-op position regularly contacted partners to negotiate voting that was in line with our viewpoints.Production Engineering: * Wrote procedures to facilitate offshore Scale Squeeze programs. * Built numerous Nodal Analysis models and connected them to Network Models to optimize well performance (ESP and Gas Lift).* Worked on numerous M&A projects to understand reserves, future rates and economic value.As part of my initial training, worked offshore on a North Sea Production Platform. This has proved very valuable in my subsequent career, giving me a strong foundation in field operations and facilities.
    View

Paul Lundy Skills

Well Testing Economics Reservoir Management Reservoir Engineering Petroleum Engineering Reserves Field Development Operations Management Geology Stimulation Drilling Completion Onshore Offshore Drilling Gas Energy Industry Petroleum Team Leadership Directional Drilling Team Management Pipelines Business Strategy Communication Skills Project Management Business Development Teamwork Onshore Operations

Paul Lundy Education Details

  • University Of Sussex
    University Of Sussex
    Mathematics And Physics

Frequently Asked Questions about Paul Lundy

What company does Paul Lundy work for?

Paul Lundy works for Earthbridge Energy Llc

What is Paul Lundy's role at the current company?

Paul Lundy's current role is Co-Founder, EarthBridge Energy: Consultant - Strategy and FP&A, Petroleum Economics, Business Development, Field Development Studies.

What is Paul Lundy's email address?

Paul Lundy's email address is pl****@****ail.com

What is Paul Lundy's direct phone number?

Paul Lundy's direct phone number is +141259*****

What schools did Paul Lundy attend?

Paul Lundy attended University Of Sussex.

What skills is Paul Lundy known for?

Paul Lundy has skills like Well Testing, Economics, Reservoir Management, Reservoir Engineering, Petroleum Engineering, Reserves, Field Development, Operations Management, Geology, Stimulation, Drilling, Completion.

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.