Ty Soukup, M.S., P.E.
Fund Manager at Audaciter- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
Justin Lisowski, PE
During my time working with Ty, he displayed key characteristics of a high performing engineer and employee. Ty entered the role without an abundance of reservoir engineering experience and by applying his impressive personal drive and desire to learn, he came up to speed rapidly and was quickly demonstrating and applying a robust skill set, comparable to tenured senior level engineer. Ty regularly put in extra hours required to complete projects or tasks with ambitious timelines and highly technical workflows. To accompany his work results, Ty is exceptionally diligent in his organization of work and documentation of methodology allowing him to effectively communicate his results and present them in a defendable manner. During my time working with Ty, he maintained a can-do attitude and work approach, displaying resiliency when subjected to a multitude of project evolutions and his results oriented approach and drive has never wavered. To complement his technical skillset, Ty was a genuine pleasure to work and interact with. He has a great team attitude and is always willing to aid other members of team beyond his day-to-day responsibilities.
Matt Notter
I have been involved in various business ventures with Ty going back over 6 years. He is consistently the most-driven, organized, and mindful colleague I have worked with. Ty is the type of person who can run with a project and see it through to the end with accuracy and professionalism. He is a significant asset to everyone he works with.
Justin Lisowski, PE
During my time working with Ty, he displayed key characteristics of a high performing engineer and employee. Ty entered the role without an abundance of reservoir engineering experience and by applying his impressive personal drive and desire to learn, he came up to speed rapidly and was quickly demonstrating and applying a robust skill set, comparable to tenured senior level engineer. Ty regularly put in extra hours required to complete projects or tasks with ambitious timelines and highly technical workflows. To accompany his work results, Ty is exceptionally diligent in his organization of work and documentation of methodology allowing him to effectively communicate his results and present them in a defendable manner. During my time working with Ty, he maintained a can-do attitude and work approach, displaying resiliency when subjected to a multitude of project evolutions and his results oriented approach and drive has never wavered. To complement his technical skillset, Ty was a genuine pleasure to work and interact with. He has a great team attitude and is always willing to aid other members of team beyond his day-to-day responsibilities.
Matt Notter
I have been involved in various business ventures with Ty going back over 6 years. He is consistently the most-driven, organized, and mindful colleague I have worked with. Ty is the type of person who can run with a project and see it through to the end with accuracy and professionalism. He is a significant asset to everyone he works with.
Justin Lisowski, PE
During my time working with Ty, he displayed key characteristics of a high performing engineer and employee. Ty entered the role without an abundance of reservoir engineering experience and by applying his impressive personal drive and desire to learn, he came up to speed rapidly and was quickly demonstrating and applying a robust skill set, comparable to tenured senior level engineer. Ty regularly put in extra hours required to complete projects or tasks with ambitious timelines and highly technical workflows. To accompany his work results, Ty is exceptionally diligent in his organization of work and documentation of methodology allowing him to effectively communicate his results and present them in a defendable manner. During my time working with Ty, he maintained a can-do attitude and work approach, displaying resiliency when subjected to a multitude of project evolutions and his results oriented approach and drive has never wavered. To complement his technical skillset, Ty was a genuine pleasure to work and interact with. He has a great team attitude and is always willing to aid other members of team beyond his day-to-day responsibilities.
Matt Notter
I have been involved in various business ventures with Ty going back over 6 years. He is consistently the most-driven, organized, and mindful colleague I have worked with. Ty is the type of person who can run with a project and see it through to the end with accuracy and professionalism. He is a significant asset to everyone he works with.
Justin Lisowski, PE
During my time working with Ty, he displayed key characteristics of a high performing engineer and employee. Ty entered the role without an abundance of reservoir engineering experience and by applying his impressive personal drive and desire to learn, he came up to speed rapidly and was quickly demonstrating and applying a robust skill set, comparable to tenured senior level engineer. Ty regularly put in extra hours required to complete projects or tasks with ambitious timelines and highly technical workflows. To accompany his work results, Ty is exceptionally diligent in his organization of work and documentation of methodology allowing him to effectively communicate his results and present them in a defendable manner. During my time working with Ty, he maintained a can-do attitude and work approach, displaying resiliency when subjected to a multitude of project evolutions and his results oriented approach and drive has never wavered. To complement his technical skillset, Ty was a genuine pleasure to work and interact with. He has a great team attitude and is always willing to aid other members of team beyond his day-to-day responsibilities.
Matt Notter
I have been involved in various business ventures with Ty going back over 6 years. He is consistently the most-driven, organized, and mindful colleague I have worked with. Ty is the type of person who can run with a project and see it through to the end with accuracy and professionalism. He is a significant asset to everyone he works with.
Credentials
-
Professional Engineer
State of Wyoming
Experience
-
Audaciter
-
United States
-
Financial Services
-
1 - 100 Employee
-
Fund Manager
-
Aug 2022 - Present
Co-Manager of Diversified Income Fund Co-Manager of Diversified Income Fund
-
-
-
-
Sr. Consulting Engineer
-
Jun 2022 - Present
Consulting engineer and project manager for upstream oil and gas clients. Consulting and project manager duties include hydraulic modeling, fresh and produced water gathering system design, SPCC development and certification and managing the design and construction of saltwater disposal facilities. Consulting engineer and project manager for upstream oil and gas clients. Consulting and project manager duties include hydraulic modeling, fresh and produced water gathering system design, SPCC development and certification and managing the design and construction of saltwater disposal facilities.
-
-
-
-
Managing Partner
-
Jan 2011 - Present
Alternative asset investing including real estate, distressed assets and startups. Alternative asset investing including real estate, distressed assets and startups.
-
-
-
Oxy
-
United States
-
Oil and Gas
-
700 & Above Employee
-
Sr. Facilities and Water Engineer
-
Apr 2019 - Jun 2022
Engineer responsible for the design, construction and optimization of industrial facilities including operating and maintaining over 200 miles of 20-inch, high pressure freshwater delivery infrastructure, multiple saltwater disposal facilities and produced water gathering lines. Developed AFEs, MOCs, PFDs, P&IDs, cost estimates, BOMs, automation cause and effects and managed facility construction projects. Participated in PHAs, PSSRs, pre-startup walkthroughs and commissioning activities. Prepared economics, long-range planning and feasibility studies and presented to upper-level management. • Designed and project managed the development of a new 15,000 bpd saltwater disposal facility • Created a water balance model for automating frac water delivery planning in the PRB using Synergi Water• Developed, calibrated and maintained a full-field DJ Basin frac delivery hydraulic model in Synergi Water
-
-
-
Great Western Petroleum, LLC
-
United States
-
Oil and Gas
-
1 - 100 Employee
-
Reservoir Engineer
-
May 2018 - Apr 2019
Asset engineer responsible for production surveillance on approximately 100 horizontal and 200+ vertical wells, type curve development, acquisitions and divestitures and quarterly reserves. Asset engineer responsible for production surveillance on approximately 100 horizontal and 200+ vertical wells, type curve development, acquisitions and divestitures and quarterly reserves.
-
-
-
Devon Energy
-
United States
-
Oil and Gas
-
700 & Above Employee
-
Production Engineer
-
May 2017 - May 2018
Field-based engineer responsible for safe, compliant and optimized operation of 34 facilities, 52 salt water disposal and water flood wells and associated pipeline infrastructure. Developed MOCs, PFDs, P&IDs, cost estimates, BOMs and automation cause and effects for facility projects. Designed automated system for managing pressure and flow in gathering system.• Collaborated daily with production foreman, lease operators, construction, electrical, automation and EHS team members to execute projects safely and timely.• On-site engineer responsible for workover, wireline, coil and acidizing projects.• Developed SOPs and standards to ensure consistent and efficient operation and maintenance of assets.• Implemented mechanical integrity and periodic maintenance programs resulting in decreased compliance risk and downtime.• Optimized gathering and disposal systems, yielding $30,000/day in LOE savings.
-
-
-
-
Consulting Engineer
-
Apr 2016 - May 2017
Led operational due diligence for equity-backed oil and gas startup and prepared development plans for acquisition analyses. • Delivered development plans and sensitivities to management team and presented to private equity partners. • Created an integrated drilling, completions and water balance tool to quickly adjust full-field development plans. Led operational due diligence for equity-backed oil and gas startup and prepared development plans for acquisition analyses. • Delivered development plans and sensitivities to management team and presented to private equity partners. • Created an integrated drilling, completions and water balance tool to quickly adjust full-field development plans.
-
-
-
Encana Corporation
-
Canada
-
Oil and Gas
-
700 & Above Employee
-
Development and Reservoir Engineer
-
Jan 2014 - Mar 2016
Directed engineering tasks required for successful evaluation of emerging play. Managed development schedule, operating costs and capital expenditure budgets, long-range plans, funding approvals, outlooks and lookbacks and quarterly reviews for operated and non-operated assets. Led continuous strategic interaction with planning, finance, operations, land, environmental health and safety and presented to executive level management. •Conducted economic sensitivities, discounted cashflow analyses and design of experiment evaluations, necessary for thorough evaluation of all elements of emerging asset; progressed asset to next step of stage gate review process, ultimately tabled until oil price recovery. •Modeled 3 phase fluid flow, using rate transient, numerical and probabilistic techniques, yielding enhanced type curves and statistically improved estimated ultimate recoveries.•Developed Spotfire analytics dashboard to monitor drilling, completions and production performance for operated and non-operated assets, enabling automated monthly reporting, saving countless hours of multiple team members’ time over doing this process manually. •Established, piloted and completed 1st internal Canadian and US year-end reserves for asset, resulting in TMS asset chosen as company model to be used for subsequent years of internal reserves procedures, effectively eliminating need for outsourced reserves consulting. •Communicated asset feasibility and team recommendations to CEO and executives for executive level asset retention or divestiture decision making process.
-
-
Drilling Engineer
-
Sep 2013 - Jan 2014
Executed horizontal drilling program. Prepared drilling, casing, cement and mud programs. Obtained regulatory approvals. Spent 7 – 10 days at rig site, overseeing rig crew and ensuring proper execution of programs. •Set 2 spud to rig release basin records by testing new bit technology, optimizing mud system and drafting hole cleaning standard operating procedures (SOPs).
-
-
Facilities/Water Systems Engineer
-
Apr 2012 - Sep 2013
Managed operations at 4 central facilities, 9 salt water disposal (SWD) injection facilities and all associated pipe and pipeline infrastructure, including supervising 7 field team members and 8 subcontractors. Ensured compliance with state and federal regulations, including air compliance testing and associated equipment repairs and upgrades. Designed new facilities and power systems, using industry and company design standards. •Designed natural gas power plants to use waste gas, saving hundreds of thousands per year in diesel costs.•Reclaimed $1.3M annually in operating costs by drafting operation and maintenance manuals for all facilities and transferring accountability to field team. •Optimized water treatment systems and realized 12% improvement at no added cost.•Designed and executed Lean / Six Sigma sludge dewatering certification project, pilot testing dewatering technology, saving hundreds of tons of trucking in-situ water and associated operating costs each month.•Championed environmental health and safety program (EH&S) culture and improved field team accountability, leading to improved morale, safer working environments and increased facility uptime.
-
-
Environmental Health and Safety Engineering Technologist
-
Nov 2010 - Mar 2012
Conducted FLIR inspections of wellheads, piping, tanks, separators and combustors and proactively developed cost effective repairs. Ensured compliance with Environmental Protection Agency (EPA) spill prevention control and countermeasure (SPCC) and storm water management regulations. Advised regarding disaster recovery and business continuity planning, taking proactive approach to safety and viability of operations in event of emergency, including training team members.•Overhauled SPCC program by drafting and maintaining 50+ plans internally, in addition to working closely with operations teams to facilitate necessary improvements and repairs. •Received verbal and manger-to-manager recognition from operations team for outstanding facilitation of asset EH&S.
-
-
-
Trihydro Corporation
-
United States
-
Environmental Services
-
300 - 400 Employee
-
Civil Engineer
-
Jun 2008 - Nov 2010
Engineered numerous fluid piping systems and storage vessels for petrochemical clients. Developed cost estimates, construction bid quantities and engineering plan drawings as well as supervised construction of those projects. Ensured compliance and completed EPA, Department of Environmental Quality (DEQ) and United States Army Corps of Engineers (ACOE) permits, drafted health and safety plans and served as site health and safety officer.•Designed and modeled technical infrastructure and drafted storm water management plan for former refinery / EPA Resource Conservation and Recovery Act (RCRA) site, approved and adopted by city council for business park development.•Allowed for massive refinery expansion project by designing wastewater and storm water infrastructure.
-
-
Education
-
2007 - 2008
University of Wyoming
M.S., Civil Engineering - Water Resources -
2004 - 2007
University of Wyoming
Minor, Business Administration -
2002 - 2007
University of Wyoming
B.S., Civil Engineering
Community
