Karl Eubanks

About Karl Eubanks

As an Executive Reservoir Engineering & Asset Optimization Leader, I have 20+ years of experience maximizing value across offshore and onshore portfolios through forecasting excellence, field optimization, and board-level decision support. I am also well versed in data-driven decision making, power BI analytics, and economic remodeling. It is my passion to drive cross-functional alignment between engineering, finance, and leadership. Key Achievements Include: Governed and optimized energy portfolios ranging from $60M to $3B+, providing forecasting, reserves, and economic insight that directly informed board and partner capital allocation decisions Led SEC and bank reserves audits with Ryder Scott and NSAI across multi-asset portfolios exceeding $500M–$1B, consistently delivering clean audits, transparent documentation, and audit-ready controls Recognized for forecasting accuracy and field optimization expertise, translating complex reservoir and production data into clear, executive-level presentations used for strategic planning and investment decisions Modernized production and reserves reporting through Power BI and workflow automation, reducing reporting cycles by ~40%, improving data integrity, and driving cross-functional alignment between engineering, finance, and leadershipContact me through this profile if you wish to connect.

Experience

1. Engineering Manager

   Red Hawk

   Jan 2023 — Present

   Provide executive ownership of SEC reserves governance, partnering with NSAI to deliver audit-ready disclosures, defend reserve positions, and ensure confidence in public and partner-facing reporting. Lead technical evaluation of acquisition and divestiture opportunities, integrating reserves, production forecasts, and economics to support disciplined portfolio growth and capital deployment. Drive enterprise-wide production forecasting and economic modeling, supplying clear, decision-ready insights that inform board updates, capital allocation, and long-range planning. Hold direct accountability for the company’s share of ~$70M in operated and non-operated assets, balancing technical rigor, financial performance, and risk management. Serve as a trusted technical advisor to executive leadership, translating complex reservoir and production data into concise narratives that support strategic and financial decision-making. Re-engineered AFE and JIB review processes, standardizing economic assumptions and significantly improving approval speed, consistency, and cross-functional alignment.

Education

• Louisiana State University

  Bachelor of Science, Petroleum Engineering