Mark Cronshaw
Mark Cronshaw, Chief Economist
Dr. Mark Cronshaw is the Chief Economist at Gustavson Associates. He has over twenty five years of experience in oil & gas, telecommunications, and academics. His economic and engineering analyses include valuation of international and domestic oil & gas properties and facilities including gas-to-liquids, valuation and due diligence for sand and gravel operations, valuation of gold and bauxite mines, energy alternatives for Cook Inlet, development of the natural gas sector in Afghanistan, determination of the economic rate of return for pipeline rehabilitation in the Republic of Georgia, tariff and cost studies for the Alaskan Natural Gas Transportation System, and enhanced oil recovery at Prudhoe Bay. He has been an expert witness concerning cost contingency. He has built economic models of production sharing contracts (PSCs) in Kurdistan, Egypt, and Albania. He was part of a team that prepared a development plan for the first underground natural gas storage in the Republic of Georgia, which led to the award of a preliminary engineering study. His capacity-building experience includes work on the monitoring and supervision of PSCs and future energy scenarios on behalf of the Hydrocarbon Unit in Bangladesh.
Education
Ph.D. Engineering-Economic Systems, Stanford University, 1989
M.B.A. Finance, Southern Methodist University, 1984
M.S. Chemical Engineering, California Institute of Technology, 1979
B.A. Chemical Engineering, Cambridge University, UK, 1976
Geographical areas of expertise
Afghanistan, Albania, Bangladesh, Botswana, Chile, Egypt, Kazakhstan, Kurdistan (Iraq), Morocco, Republic of Georgia, Russia, and United States
United States: Alaska, Colorado, Texas
Professional registrations & affiliations
Association for the Advancement of Cost Engineering
Association of International Petroleum Negotiators
US Association of Energy Economists
HONOR: Hertz Fellow 1987-89