Colton Steelman
Engineering Technician at Vess Oil Corporation- Claim this Profile
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Bio
Credentials
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Drilling & Completion with Workover Supplement - Surface Stack
CUDD WELL CONTROL -
ESP Technology & Operation
Baker Hughes
Experience
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Vess Oil Corporation
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United States
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Oil and Gas
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1 - 100 Employee
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Engineering Technician
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May 2016 - Present
• Provide engineering oversight on day-to-day operations in Texas, with a focus on East Texas • Build, review, and propose field optimization plans based around production and expenses (workovers, waterfloods, lift conversions, treatment programs, personnel, etc.) • Prepare and distribute various engineering reports, bid materials, board presentations and approval memos to management and partners • Create and assist with the evaluation of potential acquisitions and divestitures using various methodologies (asset and individual well analysis, reserves, discounted cash flow analysis, etc.) • Maintain historical and forecast commodity reports used for hedging decisions • Prepare and submit operating expenses, investments, revenue, and cost assumptions for year-end reserve reports • Monitor and track production performance and expenditure goals set forth by management (OPEX, CAPEX, revenue, project cost assumptions, etc.) • Design rod pumps and ESPs for conversion projects • Optimize artificial lift methods including rod pump, ESP, and gas lift – engineering solutions, researching vendors, economics (investment/ ROI), coordination with field personnel, etc. • Emergency Response Coordinator for all Vess operated assets in Texas • Responsible for the filing and execution of several state and federal regulatory requirements including those from the EPA, TCEQ and RRC Show less
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Energy & Exploration Partners
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Dallas/Fort Worth Area
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Engineering Analyst
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Nov 2014 - Dec 2015
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LEAM Drilling Systems Inc./ Phoenix
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Midland-Odessa Area
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MWD Engineer
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Feb 2013 - Sep 2014
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Patterson-UTI Drilling/ Norton Energy Drilling
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Midland-Odessa Area
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Floorhand
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May 2012 - Feb 2013
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Education
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Penn State World Campus
Energy and Sustainability Policy -
Texas Tech University
Business Administration and Management, General