J A M E S R U I Z

OBJECTIVE

E - M A I L R U I Z J A M E S @ G M A I L . C O M 6 2 6 M E R R I L L S T R E E T • H O U S T O N , T X 7 7 0 0 9 • P H O N E ( 7 1 3 ) 8 5 5 - 2 9 5 6

To use and expand my current skillset in the search for hydrocarbons.

PERSONAL INFORMATION

Career Achievements

Worked in a multi-disciplinary team focused on high-grading the Tonkawa formation through a ground up analysis by

analyzing 998 well logs, estimating OOIP per section, identifying porosity/permeability trends, and identified the oil window

within the formation. The new wells have exclusively targeted the play fairway set forth and the ROR has been doubled.

Developed software that allows the user to evaluate over 150 well logs per second; the largest test assessed 15,000 wells in 88

seconds. This has set a company record for well scoping. The use/purpose of this software was to digest and analyze the

vast array of Apache data with the goal of finding leads on and off of Apache acreage.

Evaluated three asset acquisitions as part of an interdisciplinary team at Apache. Contributions included quantifying risk and

assessing upside potential. The acquisitions targeted companies with extensive tight gas & shelf gas properties in the Texas

panhandle and Gulf of Mexico.

Attained a 25% reduction in gas compression costs by renegotiating contract rates and optimizing system design. Also

developed a flexible completion cost model to accurately predict capital expenses across a range of geologic provinces within

Oklahoma and Texas.

Completed a resource assessment of the Granite Wash play that entailed generating type curves, OGIP, and total gas

deliverability from every major field in the area. Results of the assessment were used at Apache to prioritize most promising

acreage and externally to supplement a national resource study by America’s Natural Gas Alliance (www.anga.us).

EXPERIENCE

June, 2008 – Present Apache Corporation Houston, TX

WORLDWIDE BASIN ANALYSIS

Apache formed a basin analysis group that serves as a corporate ‘Little E’ group, searching for bypassed pay on/off of

Apache’s acreage, identifying acreage with upside regarding well density, and searching for new plays to develop outside of

Apache’s acreage.

Reservoir Engineering – Worked within an interdisciplinary team to delineate the Tonkawa and Cleveland formation. After

delivering results and refocusing development to the trends identified, Tonkawa ROR metrics have doubled. Results were

developed by using classical reservoir engineering, petrophysics, simulation, and single well/full cycle economics.

Petrophysics – Developed a process using Matlab that assessed 15,000 wells in 88 seconds, which has enabled me to begin

evaluating an emerging play almost instantly. Identified salinity trends derived from SP logs that were used to recalibrate net

pay calculations throughout Anadarko Basin. Currently working with senior petrophysicists to calibrate Apache’s GOM

subsalt wells to seismic.

EXPLORATION AND PRODUCTION TECHNOLOGY

Duties included multi-basin reservoir analysis, analyzing buildups & DFIT’s, and providing engineering support to business

development.

Reservoir Engineering – Analyzed six buildups from the Gulf Coast Shelf department and made recommendations for both

stimulation and abandonment. Used simulation to estimate the impact of upgrading the compression facilities for an

offshore platform, the project was implemented within a few months after recommendations were made.

Hydraulic Fracturing – Analyzed several DFIT’s in the Anadarko basin with the purpose of investigating permeability and

closure pressure. After performing reservoir simulation, results were used to compare offset conventional simulations with

the SLB HiWAY product. Made recommendations regarding the optimal cluster density in horizontal wells based off of field

2

data and simulation data; results were presented by senior staff at Apache’s internal technical conference.

Business Development – Worked with logistics department and outside consultants to create a framework that estimated the

impact of vertically integrating the completion materials supply chain from sand mine to wellsite. Roles included up-scaling

wellsite fracturing operations to nation-wide operations and modeling NPV impact of complete integration. Also developed

testing strategies to rank several overseas proppant manufacturers.

ENGINEERING DEVELOPMENT PROGRAM

Have been trained in the fields of production & completions engineering, reservoir engineering, drilling engineering, and

CO2 injection/waterflooding. In addition to career achievements listed above:

o Production & Completions Engineering – Monitored & evaluated micro-seismic activity in what is currently the largest

continuous fracture program performed, which totals over 100 MM lbs. of proppant. As part of an interdisciplinary

team, contributions included estimating stimulated rock volumes and documentation of geologic effects on fracture

propagation. Contributions were cited in SPE paper 140105 (‘Utilizing Fluid and Proppant Tracer Results to Analyze

Multi-Fractured Well Flow Back in Shales’) by George King.

o Reservoir Engineering – Used reservoir simulation to appraise and execute tight gas horizontal wells adding an

incremental $6.1 MM PV10 to inventory. Evaluated several prospects across High Island, East Cameron, and West

Cameron. Created a framework to generate an Eclipse simulation of worst case discharge to satisfy BOEMRE

requirements for Gulf Coast Shelf prospects, decreased turnover time by over three weeks.

o International Reserve Evaluation – Duties included estimating current reserves and adding value for new well additions

within Apache Egyptian acreage. Automated the quarter & year-end closing process using Visual Basic, which reduced

execution time by over 60%.

o CO2 Injection/Waterflooding – Developed a four phase development project with anticipated $16 MM PV10.

o Drilling Engineering – Executed a drilling program in Magnet Withers Field which reduced year over year costs by 15%.

Enhanced skill set with Nautilus training courses for Horizontal Well Engineering, Hydraulic Fracturing (both NSI &

Nautilus), Carbonate Petro physics, Rock Physics & Seismic Amplitude Interpretation, Geo-mechanical Modeling, Petroleum

Economics & Risk Analysis, Gulf of Mexico Petroleum Systems, Drilling Performance Academy and additional drilling

training courses.

EDUCATION

Graduated: 2008 Texas A&M University College Station, TX

B.S. Petroleum Engineering

Minor in Mathematics with a focus on economic modeling and contingent claims

PERSONAL SKILLS

Very proficient in delivering presentations and explaining technical subjects. Have been trained extensively in Matlab, Visual

Basic programming, ARIES, Petra, modeling software (F.A.S.T. RTA, StimPlan, Vertex/Daedalus, Eclipse, Saphir), data

acquisition (IHS systems, OWL, DrillingInfo), nodal analysis (Perform & Petroleum Experts), Rose Risk Analysis, Open-

Wells, S2S Micro-Seismic, Excel, and Access.

3

CURRICULUM VITAE – JAMES RUIZ TABLE OF CONTENTS

PROJECT CONTRIBUTIONS

DEPLETION & PRODUCTION PREDICTION

AMERICAN NATURAL GAS ALLIANCE

COMPLETION COST FINACIAL MODEL

COMPRESSION EFFICIENCY OPTIMIZATION

MICRO-SEISMIC MONITORING & ANALYSIS

VERTICAL INTEGRATION – FROM SAND MINE TO WELLHEAD

FRACTURE CLUSTER ANALYSIS

BASIN ANALYSIS

PERSONAL PROJECTS

ALGORITHMIC AUTOMATED TRADER

AUTONOMOUS AERIAL DRONE

IPHONE BASED SOCIAL NETWORK – STOCKCOLOY

4

PROFESSINAL PROJECTS

5

DEPLETION & PRODUCTION PREDICTION

My training incorporates simulation on a field-wide scale into the appraisal process of tight gas horizontals. I have used simulation to achieve several benefits including:

The identification of depleted areas, which provides a more accurate projection of lateral length

An increased confidence in the quantification of risk

Using the reservoir pressure distribution to accurately predict the production rate

Fig. 1 — The peaks represent the areas of largest pressure drop, or largest amount of depletion. The infill horizontal well, shown in red, is targeted between existing vertical producers.

6

AMERICAN NATURAL GAS ALLIANCE

I joined an interdisciplinary team to establish the deliverability of the Granite Wash formation in the Anadarko Basin. The American Natural Gas Alliance (ANGA) utilized the results to establish the potential that natural gas can have on transportation and electricity generation. My contributions are listed below:

OGIP – Integrated the gas in place contained in over 50 fields within the Granite Wash

Type Curves – Created type curves for each major field to establish average vertical and horizontal

Condensate Yields – Prioritized expected condensate yields on a field by field basis

Costs – Worked with operations engineers to develop fixed and variable costs

Recovery Factor – Correlated well spacing to recovery factor to identify most efficient areas to use as templates

Apache’s resource assessment group also used the results to help prioritize areas for development.

Fig. 2 — Using public information, the extents of the Granite Wash were established and deliverability was then ascertained.

7

COMPLETION COST FINANCIAL MODEL

Apache required a model that could estimate the completion costs accurately & easily with a minimal amount of input information. The model used relationships between the market prices of commodities and fracture stimulations ($/lb placed) to estimate the capital costs required for any vertical well within Apache’s onshore acreage. The model achieved a 95% accuracy over a group 24 wells across a wide spectrum of geologic regions.

Fig. 3 — The financial model used minimum amount of easily attained input information to achieve a 95% accuracy among a large group of Apache wells.

8

COMPRESSOR EFFICIENCY OPTIMIZATION

Executed a fieldwide compressor efficiency optimization to save 25% on area wide compression fees. The process involved renegotiated contract terms, equipment specifications, and coordinating logistics in th field.

Fig. 4 — The application above used a 150 hp compressor for over 6 years; after discovering the inefficiencies, the contract terms were renegotiated and the costs were reduced.

9

REAL TIME MICRO-SEISMIC MONITORING AND ANALYSIS

Worked with an interdisciplinary team to monitor and evaluate one of the largest micro-seismic projects ever performed. Roles included:

Stimulated Rock Volume – Estimated stimulated rock volumes for various stages for purposes including volume of gas contacted, simulation initialization, performance prediction

Geological Influences – Correlated fracture shape and orientation to surrounding geologic barriers

Procedural Influences – Evaluated changes in fracture height and length growth resulting from modifications to rate, pressure, and sand concentration

The results allow Apache to evaluate the efficiency in fracturing procedure, well spacing, and geologic mapping.

Fig. 5 — The picture above is a representation of a fracture network.

VERTICAL INTEGRATION – FROM SAND MINE TO WELLHEAD

I worked with the logistics department and outside consultants to create a framework that estimated the impact of vertically integrating the completion materials supply chain from sand mine to wellhead. Roles included up-scaling wellsite fracturing operations to nation-wide operations and modeling NPV impact of complete integration.

10

CLUSTER ANALYSIS

I performed analysis on behalf of the regions to analyze the effects of increasing cluster density. The goal of the study was to answer the question, ‘do extra clusters help?’; the results were presented by senior staff at Apache’s internal technical conference. The results implied the increasing clusters have diminishing returns in lower and lower permeability environments. The conclusions reached by this study were backed by field data.

Fig. 6 — The picture above is a representation of fracturing clusters.

11

LARGE SCALE LOG ANALYSIS & MAPPING

Created a full scale mapping and log analysis package that demonstrated the capability to analyze 15,000 wells in less than 90 seconds. The calculator was created in used with the goal of examining all potentially bypassed pay within a basin for specific formations of interest. The software package has been sucessfully tested and compared against results generated by the companys experts in the field. The tool has been cretaed for scoping purposes and has uncovered potential within several formations previously tested in the 1980’s & 90’s. The project is still in its beginning stages but has already contributed to asset level decisions.

Fig. 7 – The net reservoir portrays fluvial to estuarine channel system terminating into a

wave dominated delta and possible barrier island complex – generated by 925 wells; iterations with varying cutoffs, water salinities, and rock models can be generated within

seconds (~200 logs per second).

12

PERSONAL PROJECTS

13

ALGORITHMIC AUTOMATED TRADER

Using C++, I created software that connected to the major exchanges and executed trades autonomously. The software had three functions:

Listening Function: ‘Listened’ to incoming data from the market (bid/ask / volume) and recorded the real time data into files.

Algorithmic Function: Used recent data to update the algorithms to search execute trades off of various patterns.

o Pattern 1: Predicting the next 30 seconds of activity based on the trading patterns for that day.

o Pattern 2: Identifying and capitalizing on noticeable mistakes made by other autonomous trading clients (clients executing large orders at the bid and lower).

Executing Function: Based on information from the algorithmic functions, the executing function would open and close positions.

All of the functions were implemented successfully over the period of six months however; the algorithms were too inconsistent for active deployment. Overall, the executions were positive but not at the value to continue to justify the time invested. This project was shelved and will be revisited at a later time. AUTONOMOUS AERIAL DRONE

I am currently creating an aerial drone using parts from the helicopter and commercial telecommunications industries. The goal of the project is to create a large unmanned that is able to carry out orders autonomously while sending a real time video feed and map back to base miles away. This project has spanned over 13 months and is a continuous work in progress. I have implemented the project in the steps outlined below.

Technology Review: Identified all of the required technology and proved the concept on paper. COMPLETED

Video Capture and Recognition: Programmed computer vision to capture a digital video feed and detect movment. This will allow the drone to stream the video and act autonomously on movement. COMPLETED

Auto-pilot Commands: Built upon work from the aerospace industry and several online aerial enthusiast communities to develop an auto-pilot solution for the drone. The software was programmed to allow for autonomous support and interfaced with a base station for both video feed and aerial commands. COMPLETED

Drone Construction: Using parts from the scale helicopter indsutry, a base model will be constructed and fitted with the hardware attained in the previous steps. COMPLETED

Drone Testing: After the drone is constructed, I will debug the product add on features to improve the abilities. INCOMPLETE

This project has tested the extent of my engineering skills and is very close to full testing.

14

IPHONE BASED SOCIAL NETWORK - STOCKCOLONY

In 2010, I created a social network that caters to communities of investors. The app had two main functions.

Fundamental Analysis: I managed to acquire the balance sheets, income statements, and cash flow statements for over 5,000 stocks listed on the NYSE, NASDAQ, & AMEX exchanges. This was a diligent process that took a tremendous amount of time to allocate and organize. I created several prebuilt functions that allowed users to track the profit margins, EBITDA, & over thirty other metrics over several years.

Social Network: Users would leave their opinions on equities of their choice recommend their favorite picks. The application allowed the ability to comment on other posts and rate the posts of others. The software would rate the user’s picks and value/rank their portfolio across the community. This ranking system allowed users to pick and choose which ratings to trust.

The application was launched successfully and attained upwards of 50 users. The application required a significant time devotion to maintain and promote, which led to its eventual closure.