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Recent Projects
Kearl Oil Sands Project, Wood Buffalo, Alberta, Canada
 
Imperial
Oil / Esso
Background:
Kearl Oil Sands is located in northern Alberta,
Canada. The unconventional resource of over 5 billion barrels of oil is
developed by open-pit mining of the bitumen and sand mixture using
extremely large excavators, Caterpillar 979F trucks, crushers, and slurry
mixers. The over $7 billion project is challenged due to the heavy
mechanical nature of the excavation and processing resulting in mechanical
wear and on-going required maintenance to keep equipment running.
Also,
since the location is very remote and operations are 24 hours, 7 days a week,
crews need to be flown-in from Edmonton and Calgary by daily chartered
flights and shift rotations are typically 20 days on-site and 20 days off. There
are 4 crew shifts that are required to hand-off between day and night
shifts, as well as rotations off and on-site. Contracted labor rates are
typically 5x higher due to the challenging work environment.
Additionally,
because the bitumen-like petroleum resource is quite viscous, diluent or lighter
petroleum products are required to be imported and blended with the mined
product which results in the Kearl grade crude.
Since it is a blend of both heavy and light petroleum grades, it is often
referred to as a dumbbell crude. Kearl is
exported via pipeline to Edmonton and Hardisty, Alberta. Next to Imperial’s
Strathcona Refinery is the Edmonton rail terminal
which can load trains of 100 to 120 rail cars per train (about 210,000
barrels per day). Kearl crude exports via
pipeline or unit trains to the continental U.S. or other parts of Canada.
Due to logistical constraints as well as its crude assay, Kearl is often sold at a discount to other crudes.
 
  
 
Global
Technology Advisor: Implemented $8.2M in hard
benefits over 5 years (25 people) in initial pilot project by creating
benefits case and plan for replacing paper-based warehouse processes with
an enterprise-based system improving materials handling (track and trace,
kitting and staging, site stores, open bins, space optimization), labor
productivity, controls (inventory management, quality and shelf-life),
vendor returns and repairs. Focused on project management and alignment of
different cross-functional stakeholders in order to achieve results. Organized
business-line support to launch SAP Extended Warehouse Management and
Neptune Systems digital mobile platform with Cognex/iOS mobile hardware.
Trading
Advisor: Developed tool, analysis, and
strategy to target key refiners across the globe that could accept Kearl crude based on refinery pet coking and sulfur
capabilities. The Kearl grade crude has a unique
assay or chemical composition which limited number of refineries prefer.
New markets for Kearl that were identified
included one refinery in the U.K. and a number of refineries in China.
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Baytown
Refinery, Chemical, and Olefins Complex | Channelview Laydown Yard | Mont Belvieu Plastics Plant | Beaumont Refinery, Chemical,
and Lubes Complex | Baton Rouge Refinery, Chemical, Polyolefins, Plastics,
and Lubes Complex – Texas and Louisiana
ExxonMobil
 
 
Global
Technology Advisor: With over half a dozen
warehouses supporting various plants at the ExxonMobil Baytown complex and
Beaumont complex in Texas, a centralized single hub warehouse was
established in order to become more efficient with providing sites required
materials in a timely and effective manner. A new warehouse facility was
leased and developed into the Texas Logistics Center at 500B Ameriport Pkwy, Baytown, TX to service material needs
to the Baytown and Beaumont facilities from this single location.
Warehousing best practices were implemented with newly developed long-range
bar coded racks and bins.
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Alaska
North Slope (ANS) – Prudhoe Bay and Point Thomson to Valdez, Alaska (TAPS)
– Alyeska
ExxonMobil
Trading
Advisor: Constructed trading tools for
Alaska North Slope (ANS) crude arbs to expand marketing opportunities to
the Asian refining market.
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California
Buena Vista and Midway-Sunset – San Joaquin Valley (SJV)
ExxonMobil
 
Trading
Advisor: Completed a detailed study
covering the West Coast crude markets stretching from Washington State to Southern
California covering main population centers of Puget Sound, Portland, San
Francisco, and the Los Angeles basins. Recommended daily crude price and
published oil price bulletins to the public so commercial counter-parties
can pull the daily prices for buying ExxonMobil California produced crudes
for their refining systems. ( http://crd.exxonmobil.com )
Controlled movement of crude into inventory at Southwest Terminal,
Torrance, CA supporting traders, schedulers, and planned refining runs.
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Heritage,
Harmony, and Hondo Offshore Oil Platforms – Santa Ynez Unit (SYU) – Las
Flores Canyon Plant, California and Port Hueneme, California
ExxonMobil
 
Global
Technology Advisor: Inspected Global Supply
Chain operations at Port Hueneme, CA and Las Flores Canyon, CA supporting
the Santa Ynez Unit (SYU) facilities including three offshore platforms off
the coast of Santa Barbara county.
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Heidelberg
Ultra Deep-Water Gulf of Mexico Floating Truss Spar (Green Canyon Blocks
859, 860, 903, 904, 948)
    
Anadarko
Operated JV with Cobalt, Eni, Equinor (formerly
Statoil), ExxonMobil, Freeport-McMoRan (formerly Apache), Marubeni
Commercial
Advisor: Executed a series of
commercial agreements as lead negotiator for offshore Gulf of Mexico crude
oil transit from JV operated platform (Heidelberg; 200 to 400 M barrels
total oil) to Louisiana and Texas markets via third-party pipelines.
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Oseberg and
Dagny field traded for Sygna, Statfjord
Řst, and Snorre fields
– Norwegian Continental Shelf
Equinor
(formerly Statoil) Operated, JV with Total, ExxonMobil
 
Commercial
Advisor: Wrote marketing pitch /
teaser, set-up non-disclosure agreements (NDAs), and maintained data room
for potential buyers. Resulted in a swap of interests in the Norwegian
Continental Shelf between Total and ExxonMobil.
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Kashagan, Kalamkas, Kairan, and Aktoty fields – North Caspian Sea, Kazakhstan
 
 
Eni
Operated JV with KazMunayGaz, CNPC (formerly
ConocoPhillips), ExxonMobil, Inpex, Royal Dutch
Shell, Total
 
Commercial
Advisor: Presented to joint venture
(JV) partner executives (Eni, Shell, Total, and ConocoPhillips) key fiscal
terms and how changes to timing of Kashagan
project start-up impacted expected cash flows ($10B+ interest and ~38B
oil). Wrote marketing pitch / teaser, set-up non-disclosure agreements, and
maintained data room for potential buyers to comprehend project's
subsurface, facilities, and access to global markets. Acted as an active
listener during engagements.
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Tempa Rossa, Gorgoglione concession
– Basilicata region, Southern Italy
Total
Operated JV with Mitsui, Royal Dutch Shell, ExxonMobil (exit)
 
Commercial
Advisor: Partnered with external law
firm to sell minority interest in Tempa Rossa.
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Golden
Pass LNG – Sabine Pass, Texas
ExxonMobil
Operated JV with Qatar Petroleum (QP)
 
LNG
Business Unit Coordinator & Business Developer:
Formulated strategy to use plants as natural gas demand sinks to be
supplied from XTO when LNG was not imported. Negotiated a number of
commercial agreements involving ExxonMobil, XTO, and transportation
counter-parties related to Golden Pass LNG terminal start-up. Regulated
daily nomination of natural gas send-out from G.P. LNG to Florida Gas
Transmission working with trading team. Assessed competitor LNG Sales and
Purchase Agreements (SPA): studied pricing mechanisms and commercial risk
terms.
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Aspen,
Cold Lake, and Nabiye in-situ steam-assisted
gravity drainage (SAGD), Alberta, Canada
Imperial
Oil / Esso
 
LNG
Business Unit Coordinator & Business Developer:
Assessed a series of economic options for investing in COGEN facilities to
generate power locally on-site versus purchasing electricity from the
Alberta grid. Long-term forecast for natural gas and electricity rates
needed to be considered to justify the optimal configuration and sizing of
the COGEN units in order to make the most optimized economic decision.
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Adriatic LNG Terminal, Cavarzere (Rovigo) – Italy
ExxonMobil
Operated JV with Qatar Petroleum (QP) and Snam
 
LNG
Business Unit Coordinator & Business Developer:
Originated Adriatic LNG net-back model to gauge recommended tariff rates for
open-season (non-committed capacity for third-party access to the terminal
and Italian gas network).
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PNG
LNG – Papua New Guinea
 
  
ExxonMobil
Operated JV with Oil Search Limited, Kumul Petroleum Holdings, Santos, JX
Nippon Oil & Gas, Mineral Resources Development
 
LNG
Business Unit Coordinator & Business Developer:
Structured PNG LNG supply strategy based on importers natural gas heat
quality requirements, shipping distances and volumes, and importers’
credit.
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South Saskatchewan
Pipeline System (SSPS) – Saskatchewan, Canada
Plains
All American Pipeline (PAA) acquisition, ExxonMobil divestment
Director
of Business Development: Evaluated economics of
complex international transaction leading to $47M sale of South
Saskatchewan Pipeline.
§§§
Longhorn
Pipeline – Texas
ExxonMobil
divestment of interests
Director
of Business Development: Created valuation model
with multiple scenarios to validate sale value, resulted in $28.5M sale of
Longhorn Pipeline interests.
Earlier Projects
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