Maria Isabel Vargas

About Maria Isabel Vargas

As an energy director and manager, I have 20+ years of experience in oil and gas corporate planning, financial planning and analysis, and joint ventures management. I have successfully worked on business plan strategies, project economics, risk evaluations and uncertainty analysis, portfolio analysis, budget management and joint ventures negotiations. I have managed investments budgets between $100 to $300 MM annually, and I lead a team of 16 employees under my supervision and reported to the General Manager when I was in Colombia. I am an enthusiastic leader with a passion for team building, empowering people and innovations. I have consistently demonstrated my ability to reach goals, manage challenges and uncertainties under different economic environments.

Experience

1. Director of Planning International Exploration

   Oxy

   Jul 2019 — Present · Houston, TX, US

   Lead the Planning and Economics for the International Exploration team, managing the business plan and portfolio with operations in 7 different countries, exploration inventory and risked economics to support the growth and reserves replacement strategy. Achievements: • Developed the 5 Year Plan model including commitment and discretionary activity to support future project and exploration capital allocation.• Developed a prospect inventory visualization tool for each Business Unit to facilitate the planning process and prospect rankings.• Performed the risked economic evaluation of new prospective areas in several countries to support the acquisition and/or negotiation of new leases.

Education

• Universidad de Los Andes

  Postgraduate Degree, Corporate Management

  2013 — 2014

• EAFIT

  Postgraduate Degree, Finance, General

  2000 — 2002

• Universidad Industrial de Santander

  Bachelor of Engineering - BE, Industrial Engineering

  1992 — 1997

• Rice University

  Master of Engineering Management and Leadership (MEML), Engineering and Leadership