Adam Block

Role
Reservoir Engineer at Ovintiv
Location
Louisville, CO, US
LinkedIn followers
500 followers

Experience

  1. Reservoir Engineer

    Ovintiv

    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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Adam Block — Reservoir Engineer at Ovintiv in Louisville, CO, US | Unifers