Adam Block
- Role
- Reservoir Engineer at Ovintiv
- Location
- Louisville, CO, US
- LinkedIn followers
- 500 followers
Experience
Reservoir Engineer
Feb 2020 — Present · Denver, CO, US
Reservoir Engineer – Permian Reservoir Characterization April 2021 – Present • Designed the asset team’s innovation strategy, including ideation and prioritization frameworks for disruptive and sustaining innovations • Increased future oil production expectations by 5% per well by orchestrating interdisciplinary projects focused on improving well performance • Improved the accuracy of the Permian development team’s production prediction tool by 10% by redesigning the machine learning and multivariate regression algorithms Reservoir Engineer – Permian Development February 2020 – April 2021 • Added over $300M in incremental 20% discounted cash, both via accelerated revenue and reduced well cost, by spearheading an initiative to extend the standard lateral length in the Permian Basin • Designed the largest development in the organization to date, expected to return over $60M in 20% discounted cash over the 50-year projected life of the development, accounting for 25% of the program’s annual budget and production volumes • Created the investment decision-making framework and process that is now used to assess all multimillion-dollar investment decisions across the asset
Education
Harvard Business School Online
CORe (Credential of Readiness), Business Analytics, Economics for Managers, and Financial Accounting
The University of Chicago Booth School of Business
Master of Business Administration - MBA
University of Wyoming
Bachelor of Science (B.S.), Energy Systems Engineering
2011 — 2016
University of Wyoming
Bachelor of Science (B.S.), Mechanical Engineering
2011 — 2016
University of Wyoming
Pre-Medicine/Pre-Medical Studies
2011 — 2016
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