LETHA LENCIONI, VP & CHIEF RESERVOIR ENGINEER

Letha Lencioni has worked on many international and domestic engineering projects. Her areas of expertise include reserve estimates (both deterministic and probabilistic), reservoir engineering, and project economic analysis. International accomplishments include workover evaluations, a gas field development study, reservoir simulation studies, reservoir testing and evaluation for a major coalbed methane project. She completed a feasibility study for a miscible gas injection project for an oil field and also recently served as expert witness in an arbitration regarding prospect valuation.

She was involved in field development and waterflood planning for a giant field as well as a major reserve audit and probabilistic analysis of a series of gas-condensate and volatile oil fields, and feasibility study for a development of three oil and gas fields. Several of these studies were prepared for use in obtaining financing from multi-lateral lending institutions. The feasibility study involved field economic projections, including rate forecasts and estimates of drilling, facility, and operating costs.

Ms. Lencioni’s domestic experience with Gustavson Associates includes numerous reserve evaluations and market value appraisals of oil and gas properties, as well as reservoir engineering studies. Ms. Lencioni also has expertise in reservoir simulation. Her simulation projects range from pattern models and history-matched area models to gas well simulations to full-field simulations offshore.

EDUCATION

B.S. Petroleum Engineering, University of Tulsa, 1980

Post graduate courses – Management Science, University of Tulsa, 1981 (6 credits)
Post graduate courses - Petroleum Engineering, Colorado School of Mines, 1984 (20 credits)

GEOGRAPHICAL AREAS OF EXPERTISE

Afghanistan, Benin, China, Cote d’Ivoire, Egypt, Kazakhstan, India, Siberia, Ukraine, U.S. – Alaska, California, Colorado, Louisiana, Michigan, New Mexico, Oklahoma, Texas, Utah, Wyoming

PROFESSIONAL REGISTRATIONS & AFFILIATIONS

Registered Professional Engineer, States of Colorado and Wyoming
Society of Petroleum Engineers
Society of Petroleum Evaluation Engineers

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