Worldwide Petroleum Consulting
Andrew Avalos

Andrew Avalos

Andrew Avalos
Economist
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Andrew Avalos joined DeGolyer and MacNaughton in 2018 after working for several domestic energy companies and an international upstream consulting firm.

He earned his undergraduate degrees in business administration and finance and in physics from Southern Methodist University in 2006. He earned a master’s degree in petroleum engineering from Texas A&M University in 2016. He is a member the Society of Petroleum Engineers, Dallas Section, and the CFA Institute Society. He is also a Professional Engineer Candidate and a CFA Level III Candidate.

Geographical Experience

  • Brazil
  • Canada
  • China
  • Colombia
  • Indonesia
  • Mexico
  • New Zealand
  • United States

Topical Areas of Expertise

  • Fair market valuations of assets and equity
  • Complex financial and oil and gas modeling
  • Advanced knowledge in Excel, Access, Word, PowerPoint, Aries, and PHDWin
  • Oil and gas reserves and economics estimates
  • Fiscal modeling, production sharing contracts, risk service contracts, and concession agreements
  • SEC, PRMS, and other systems of reserves reporting
  • Litigation support and expert witness for economic damages and forensic accounting
  • Evaluating well logs and cross sections to determine proved developed non-producing reserves
  • Developing long-range plans and cash flow projections for business units

Major Projects

For D&M, Avalos provides expertise for projects across Latin America and Asia.