Regnald A. Boles
Executive Vice President, Chief Advisor-Global Reserves and Resources
Regnald (Reggie) A. Boles joined DeGolyer and MacNaughton in 1991, and has conducted detailed investigations of oil, gas, and condensate reservoirs in Africa, the Middle East, Asia, Europe, North America, and South America. Boles worked for Oryx Energy Company (formerly Sun Exploration & Production Company) from 1983 to 1991. At Sun, Boles was responsible for operations, facility installations, reserves evaluations, economic valuations, long‑term recovery-efficiency studies, and feasibility studies. He has over 40 years of experience in the industry.
Boles graduated magna cum laude from Texas A&M University in 1983 with a bachelor’s degree in petroleum engineering. A registered professional engineer in the State of Texas, he is past chairman of the Dallas section of the Society of Petroleum Engineers and a member of the Society of Petroleum Evaluation Engineers and the European Association of Geoscientists and Engineers. He was elected a Vice President of D&M in 1995, Senior Vice President in 2011, and Executive Vice President in 2022.
Geographical Experience
- Algeria
- Angola
- Australia
- Austria
- Azerbaijan
- Bolivia
- Bulgaria
- Colombia
- China
- Congo
- Denmark
- Egypt
- France
- Gabon
- Germany
- Ghana
- India
- Indonesia
- Ireland
- Iran
- Iraq
- Israel
- Italy/Sicily
- Ivory Coast
- Kazakhstan
- Kuwait
- Libya
- Malaysia
- Mauritania
- Mozambique
- Netherlands
- New Zealand
- Nigeria
- Norway
- Oman
- Pakistan
- Qatar
- Romania
- Russia
- Saudi Arabia
- Spain
- Sudan
- Syria
- Netherlands
- Tanzania
- Turkey
- Tunisia
- United Arab Emirates
- United Kingdom
- United States
- Vietnam
- Venezuela
- Yemen
Topical Areas of Expertise
- Enhanced oil recovery
- Deep gas fields
- Waterflooding
- CO2 flooding
- Competent Person’s Reports
- Expert witness support and testimony
Major Projects
His experience encompasses reserves estimations, appraisals, expert witness support and testimony, and fair-market-value opinions for numerous clients, as well as management of large projects and presentation of results to a variety of audiences worldwide, including prominent financial institutions. He has extensive experience and expertise in the application of worldwide reserves and resources systems.
He has completed full-portfolio reviews for tax exchanges, sales, and purchases, and has managed the reserves certification for some of the largest worldwide privatizations and initial public offerings. Boles manages ongoing studies for national oil companies and has presented seminars for companies desiring consistent reserves reporting. His experience also includes NGL development, commerciality declarations, portfolio enhancement, and specialty financing. His expert witness experience covers many circumstances and worldwide venues, including civil courts, regulatory courts, criminal courts, and arbitration tribunals.
