Spacing Ourselves to Death
Justin Hayes, Vice President, BedRock EP
Monday, 26 July 2021, 12:15 p.m.–1:30 p.m. | Houston, Texas
Unconventional resources require just as much effort on economics as they do on subsurface understanding. Practices to simplify the corporate financial and subsurface models for the purpose of communicating between teams have led companies to make suboptimal decisions. Those decisions have severely impacted corporate returns. An integrated methodology will better serve unconventional E&Ps and their investors.
- 12:15 pm–1:30 pm
- In-Person – George R. Brown Convention Center
Justin Hayes joined Bedrock Energy Partners in October 2018 to lead all reserve analysis, subsurface evaluation, and development planning and optimization efforts. He is currently Vice President of Reservoir Engineering and Analytics at Bedrock Energy Partners.
Prior to joining Bedrock Energy Partners, Mr. Hayes was with Anadarko Petroleum Corporation (APC) where he was managing Reservoir Engineering and Analytics efforts for APC’s Powder River Basin (PRB) asset. In the PRB, Mr. Hayes applied analytical and physics-based efforts for optimizing PRB’s appraisal and development planning. Prior to working on PRB Mr. Hayes was the Subject Matter Expert on Subsurface and Economic Evaluations for Unconventional Assets in APC’s Advanced Analytics and Emerging Technology (AAET) team. In AAET, Mr. Hayes was responsible for leading efforts to develop analytical and physics-based techniques and tools for deployment in asset development teams, acquisition and divestiture efforts, US onshore exploration, and company-wide portfolio optimization. Previously Mr. Hayes worked in various roles including US Onshore Development and Operations, and Deepwater GOM Development and Operations.
Mr. Hayes began his career with APC after graduating Cum Laude from Colorado School of Mines with a B.S. in Petroleum Engineering, where he was a Boettcher Scholar. Mr. Hayes also earned an MBA from the Jones Graduate School of Business at Rice University.
George R. Brown Convention Center
1001 Avenida De Las Americas