Joe Versfelt
Exploration Manager at Capricorn Energy PLC- Claim this Profile
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English Native or bilingual proficiency
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French Professional working proficiency
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Portuguese Native or bilingual proficiency
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Spanish Professional working proficiency
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Bio
John Ardill
While we have not worked closely together, I've had the pleasure of meeting Joe over 10 years ago at IPTC and since then reconnecting at several industry events and conferences over the years. He has broad industry experience and a deep knowledge of geology & geophysics with experience in a broad range of basin settings around the world.
David Monk
I worked with Joe for many years while he was in Apache's office in Cairo as Exploration Manager overseeing the exploration and development of assets in the Western Desert. As Director of Geophysics for the company, I found that Joe was always ready to listen to the science and push the envelope of technology in seismic acquisition and processing. His efforts led to some spectacular success for the company. He was able to deal with the bureaucracy of corporate management and the national government in Egypt in a way that allowed development beyond what was expected, using science that was new to the region.
John Ardill
While we have not worked closely together, I've had the pleasure of meeting Joe over 10 years ago at IPTC and since then reconnecting at several industry events and conferences over the years. He has broad industry experience and a deep knowledge of geology & geophysics with experience in a broad range of basin settings around the world.
David Monk
I worked with Joe for many years while he was in Apache's office in Cairo as Exploration Manager overseeing the exploration and development of assets in the Western Desert. As Director of Geophysics for the company, I found that Joe was always ready to listen to the science and push the envelope of technology in seismic acquisition and processing. His efforts led to some spectacular success for the company. He was able to deal with the bureaucracy of corporate management and the national government in Egypt in a way that allowed development beyond what was expected, using science that was new to the region.
John Ardill
While we have not worked closely together, I've had the pleasure of meeting Joe over 10 years ago at IPTC and since then reconnecting at several industry events and conferences over the years. He has broad industry experience and a deep knowledge of geology & geophysics with experience in a broad range of basin settings around the world.
David Monk
I worked with Joe for many years while he was in Apache's office in Cairo as Exploration Manager overseeing the exploration and development of assets in the Western Desert. As Director of Geophysics for the company, I found that Joe was always ready to listen to the science and push the envelope of technology in seismic acquisition and processing. His efforts led to some spectacular success for the company. He was able to deal with the bureaucracy of corporate management and the national government in Egypt in a way that allowed development beyond what was expected, using science that was new to the region.
John Ardill
While we have not worked closely together, I've had the pleasure of meeting Joe over 10 years ago at IPTC and since then reconnecting at several industry events and conferences over the years. He has broad industry experience and a deep knowledge of geology & geophysics with experience in a broad range of basin settings around the world.
David Monk
I worked with Joe for many years while he was in Apache's office in Cairo as Exploration Manager overseeing the exploration and development of assets in the Western Desert. As Director of Geophysics for the company, I found that Joe was always ready to listen to the science and push the envelope of technology in seismic acquisition and processing. His efforts led to some spectacular success for the company. He was able to deal with the bureaucracy of corporate management and the national government in Egypt in a way that allowed development beyond what was expected, using science that was new to the region.
Credentials
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AAPG Certified Petroleum Geologist
American Association of Petroleum Geologists (AAPG)Jan, 1997- Nov, 2024
Experience
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Capricorn Energy PLC
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United Kingdom
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Oil and Gas
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100 - 200 Employee
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Exploration Manager
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Sep 2021 - Present
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V-Global Exploration LLC
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Houston
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Director
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Apr 2020 - Sep 2021
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Apache Corporation
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Oil and Gas
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700 & Above Employee
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Region Exploration Manager - Egypt
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Jun 2012 - Apr 2020
• Managed exploration staff activity and development of 50 people (44 Egyptians & 6 expats)• Developed first-ever Broadband high-channel count 3D seismic acquisition project in Egypt; led internal and regulator strategy engagement, tender and contracting process, and project execution (2017-2020).• Grew quality Egypt acreage by over 40% and added 18 new field development leases.• Managed drilling of up to 24 wells per year, using 3 rigs. • Managed 12-15 contract tenders with EGPC and contractors annually.• Negotiated 7 exploration concession extensions with regulator EGPC and oversaw New Ventures.• Managed multi-million dollar capital and G&A budgets annually. Show less
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Region Exploration Manager - Argentina
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Jun 2010 - Jun 2012
• Led 12 staff (8 Argentines & 4 expats) and managed New Ventures activities (farm-ins, bid rounds). • Drilling the first Latin American horizontal multi-stage frac unconventional shale well.• Grew unconventional shale play (Vaca Muerta, Los Molles) and continually evaluated new shale plays.• Drilled 6 to 8 exploration wells per year (2 rigs), and assessed play viability through reentry-fracs legacy vertical wells, 10-15 per year.• Managed Provincial licensing authorities for incremental investment/work plans pre and post government seizure of Repsol stake in YPF. Show less
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EP ENERGY
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United States
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Oil and Gas
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700 & Above Employee
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International Exploration Manager
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Nov 2004 - May 2010
• Co-developed and convinced board to accept a new E&P strategy across 10 countries. • Increased International Exploration inventory 300% in net acreage terms, and grew net risked resource potential terms by 50% in 3 years. • Built new G&G team and grew it staff by 150% between 2006 and 2008. • Advanced material drilling campaigns with 14 high-impact wells over 3 years and achieved an exploratory success rate of 25%. • Led entry into Egypt and developed the Egypt program risk diversification plan. • Developed and managed Egyptian and Brazilian exploration program development and execution. Show less
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Oxy
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United States
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Oil and Gas
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700 & Above Employee
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Senior Geologist
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May 2002 - Nov 2004
• Focused on West African development (Angola, Cameroon, Equatorial Guinea, Mauritania, Guinea Bissau, Guinea Conakry). • Additionally worked on new venture development in Brazil. • Focused on West African development (Angola, Cameroon, Equatorial Guinea, Mauritania, Guinea Bissau, Guinea Conakry). • Additionally worked on new venture development in Brazil.
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Senior Geophysicist
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Apr 2001 - May 2002
• Performed 3D seismic interpretation and mapping, drilling, new ventures in Congo Brazzaville, Brazil • Performed 3D seismic interpretation and mapping, drilling, new ventures in Congo Brazzaville, Brazil
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Senior Geologist
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Oct 1997 - Apr 2001
• Performed seismic interpretation and mapping, log anlaysis, drilling, reserves, new ventures in Colombia, Venezuela, Cameroon, Equatorial Guinea, Eritrea, Brazil, India, Vietnam, Portugal • Performed seismic interpretation and mapping, log anlaysis, drilling, reserves, new ventures in Colombia, Venezuela, Cameroon, Equatorial Guinea, Eritrea, Brazil, India, Vietnam, Portugal
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Texaco
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Oil and Gas
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700 & Above Employee
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Geophysicist
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May 1988 - Oct 1997
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Education
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The University of Texas at Austin
Exec. M.B.A., Business -
Duke University
MS Geology & Geophysics, Geophysics -
The University of Texas at Austin
B.A., Geology
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