Mike Giuliani
Sr. Petroleum Engineer at InterAct PMTI- Claim this Profile
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Bio
Experience
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InterAct PMTI
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United States
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Services for Renewable Energy
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1 - 100 Employee
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Sr. Petroleum Engineer
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Jul 2015 - Present
Consulting engineer with 30+ years experience in project management, workovers, drilling, completions, artificial lift and lease op cost optimization. Consulting engineer with 30+ years experience in project management, workovers, drilling, completions, artificial lift and lease op cost optimization.
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Orchard Production Services; Orchard E & P
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Ventura, CA
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Engineering Manager
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Jul 2012 - Jul 2015
Engineering Manager for both companies. Managed our rig & rentals business on nearly full time basis, with some shared responsibility in OEPs acquisition & development efforts. Led Orchard Production Services, LLC to a very successful first year as a standalone well service and rental business with an 84% rig utilization rate (2 rigs) and profits inclusive of G&A of $710,000 (27% margin). Engineering Manager for both companies. Managed our rig & rentals business on nearly full time basis, with some shared responsibility in OEPs acquisition & development efforts. Led Orchard Production Services, LLC to a very successful first year as a standalone well service and rental business with an 84% rig utilization rate (2 rigs) and profits inclusive of G&A of $710,000 (27% margin).
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Orchard Petroleum
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Ventura, CA
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Engineering Manager
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Oct 2008 - Jul 2012
Responsible for budgeting, planning, reserves and sub-surface field operations with help of one engineer and a rig superintendent. Also obtained contractor’s license to allow formation of Orchard Production Services, a wholly owned subsidiary of Orchard Petroleum, to work rigs and services for outside operators when not in use on company owned properties. Entity established new cashflow stream while reducing property LOE by shifting labor burden to the new company. Made significant contributions in the creation of $33.5 MM in asset value (sales value of S. Belridge Field). Reduced well completion costs by $500M or 31% by moving away from conventional bridge plug & perf. fracture stimulation strategy to Halliburton’s coiled-tubing technique. Drilling and workover program increased production at S. Belridge by 125% (474 BOEPD in 2008 to 1066 BOEPD in 2011) while reducing op costs over that same time period by 5% ($4,953M in 2008 to $4,704M in 2011) despite a 76% increase in the well count (29 in 2008 to 51 in 2011) and 70% increase in field labor & benefits costs ($880M in 2008 to $1,497M in 2011). EBITDA increased from $339M in 2008 to $8,720M in 2011.
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Freeport-McMoRan Oil & Gas
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Oil and Gas
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200 - 300 Employee
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Production Manager
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Aug 2006 - Oct 2008
Following third re-organization in 3 years, assumed role as Production Manager for select Los Angeles properties: San Vicente, Packard & Inglewood. New structure had Production Group responsible for maintaining PDP production, co-responsible with Reservoir Engineering for planning & budgeting of expense and capital workover projects. Drilling responsible for execution of all workovers. Directed 7 member engineering staff in the planning and execution of $9MM annual workover program that effectively mitigated annual field decline rates. Spearheaded optimization effort that reduced well failure frequency from 0.81 to 0.50 Failures/Well/Year ($2.5MM annual savings).
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Production Manager
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Apr 2005 - Aug 2006
Production Manager for select Los Angeles properties: San Vicente, Packard, Paxton, Jefferson, Murphy & 4th Ave Drillsites, Saticoy and Oxnard oil fields (21 employees). Only manager in company functioning in dual role as Production Engineer (for Las Cienegas Drillsites only). Primarily responsible for production and expense budgets, co-responsible for capital budgets with the Exploitation staff. Identified and executed a 30 well workover program at Las Cienegas that increased production from 1100 BOPD to over 1400 BOPD at a cost of $2.5MM.
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Exploitation Manager
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Apr 2004 - Apr 2005
Exploitation Manager for all LA Basin properties: Inglewood, Packard, San Vicente & Montebello (15,000 BOEPD). Responsible for supervision of 11 member technical team that developed and successfully executed annual $120MM capital and $65MM expense budgets.
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Project Manager
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Sep 2003 - Apr 2004
Project Manager for Inglewood Deep development project; at the time touted as the brightest prospect in the company with potential to add 100 MMBOE in reserves. Guided engineering, drilling and operations personal in drilling the first well on time, under budget with an initial 30 day production rate of 750 BOEPD.
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Plains Resources
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Los Angeles, CA
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Asset Manager
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Sep 1997 - Sep 2003
Asset Manager for the Packard & San Vicente Drillsites; technical team included a geologist, reservoir engineer and myself functioning in dual role as production engineer. Responsible for development and execution of all production, expense and capital budgets. Stewarded all facets of engineering and operations including a very successful 50 well development drilling program. Annual capital budgets ranged between $5MM and $40MM. Asset Manager for the Packard & San Vicente Drillsites; technical team included a geologist, reservoir engineer and myself functioning in dual role as production engineer. Responsible for development and execution of all production, expense and capital budgets. Stewarded all facets of engineering and operations including a very successful 50 well development drilling program. Annual capital budgets ranged between $5MM and $40MM.
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Stocker Resources
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Los Angeles, CA
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Senior Petroleum Engineer
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Feb 1991 - Sep 1997
Senior Petroleum Engineer for the Packard & San Vicente Drillsites; one man show in the early years, later teamed with a geologist and reservoir engineer. Proposed, engineered and directed a 7 well $3.4MM redrill program at the San Vicente Drillsite which increased production by 1200 BOEPD. Senior Petroleum Engineer for the Packard & San Vicente Drillsites; one man show in the early years, later teamed with a geologist and reservoir engineer. Proposed, engineered and directed a 7 well $3.4MM redrill program at the San Vicente Drillsite which increased production by 1200 BOEPD.
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Chevon USA
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Bakersfield, CA
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Project Reservoir Engineer
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Oct 1989 - Feb 1991
Project Reservoir Engineer for several Kern River steamfloods. Duties included heat management, preparation of technical reports supporting large capital steamflood expansions and waste water coordinator. Significantly enhanced cash flow through recommendations to reduce steam rates and shut-in post steam waterfloods. Also prepared AFE and technical report justifying $5MM streamflood expansion project on the Monte Cristo No. 2 lease. The project was very successful effectively doubling oil production from 1300 BOPD to 2600 BOPD. Waste water study led to increase in disposal capacity necessary to support all of Kern River’s steamdrive expansion programs.
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Production Engineer
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Aug 1987 - Oct 1989
Worked as a Production Engineer for the Packard, Broadway and Garey Drillsites located in Los Angeles. Initiated and executed successful workover programs consisting of acid treatments, well recompletions, and artificial lift enhancements. Directed successful string of workovers that increased production in a 6 month period in 1989 by 900 BOEPD. One of the first employees to receive a cash award in recognition of this achievement.
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Production Engineer
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Dec 1984 - Aug 1987
Production engineer for several onshore fields in Ventura. Proposed and supervised a wide variety of wellwork with high success rate.
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Education
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University of Tulsa
Bachelor of Science (BS), Petroleum Engineering