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Peter L. Preston

Peter L. Preston

Peter L. Preston
Senior Engineer, Vice President
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Peter L. Preston joined DeGolyer and MacNaughton in 2007, specializing in reservoir engineering and oil and gas property evaluation. While with DeGolyer and MacNaughton, Preston has carried out reserves estimation and economic evaluations for oil and gas fields in various countries in Europe, Africa, and the Middle East. Preston has experience in performance and volumetric analysis of mature fields as well as new developments in many geographical settings. He has also coordinated multi-disciplinary projects in acquisitions, bank financing, and annual reserves reporting around the world.

Preston received a bachelor’s degree in petroleum engineering from Texas A&M University in 1999. He is a member of the Society of Petroleum Engineers. Preston was elected a Vice President at D&M in 2010. He is a licensed professional engineer in the State of Texas.

Geographical Experience

  • Algeria
  • Angola
  • Egypt
  • Gabon
  • Italy
  • Libya
  • Mozambique
  • Nigeria
  • Norway
  • Oman
  • Romania
  • Saudi Arabia
  • Sicily
  • Tanzania
  • Tunisia
  • United Arab Emirates
  • United Kingdom
  • Yemen

Topical Areas of Expertise

  • Reserves and resources estimations
  • Performance and volumetric analysis
  • Economic evaluations

Major Projects

Preston recently performed an evaluation of reserves and resources on a diverse set of properties in Egypt. The fields evaluated were onshore and offshore oil and gas fields. An economic appraisal of multiple production sharing contracts was included as part of the final product.

Preston also recently coordinated a significant evaluation of various properties in Yemen. The evaluation efforts included volumetric and performance analysis of multiple fields and producing horizons as well as an economic appraisal of various production sharing contracts.

In addition, Preston recently evaluated a newly discovered tight gas field in Oman with challenging well placement and performance issues. A number of scenarios were evaluated to establish the potential of the field.