Doug Scott has over 45 years of E&P experience primarily in the Permian Basin, but also in the Rocky Mountains, South America, Europe and Asia. Mr. Scott spent over 40 years with Halliburton where he served across multiple positions and geographies. After retiring from Halliburton, Mr. Scott consulted for Tall City Exploration, Halliburton, and several other Permian Basin operators.
Ms. Johnson joined Texas Standard Oil Company in 2001. She has since been responsible for all aspects of general ledger and operations accounting for Texas Standard Oil LLC and its affiliated entities. In addition to her accounting duties, she handles all office administration tasks.
She began her career as a JIB analyst with Fina Oil & Chemical followed by several years at ARCO Oil & Gas with responsibilities ranging from leasehold to inventory control. Ms. Johnson then joined First Reserve Oil & Gas where she performed general ledger, payroll, audit coordinator, tax support and accounts payable functions. After the sale of First Reserve’s asset portfolio, she worked at Enron Capital Resources to summarize joint interest activity and generate financial statements. For several months into her tenure at Enron, Ms. Johnson was contracted to finalize the First Reserve operations and administrative functions.
Ms. Johnson graduated from the University of Texas at Austin’s McCombs School of Business with a BBA in Accounting. While working full-time she passed all four parts of the Texas CPA exam at one sitting and went on to earn an MBA in Management at Amber University.
Mr. Millican is a top-level geologist/seismic interpreter, skilled in the integration of seismic interpretation, subsurface geology, and reservoir rock properties with 35 years of experience in Texas, Louisiana, and the Gulf of Mexico with specialized experience in salt dome and sub-salt exploration/exploitation and interpretation. Mr. Millican has interpreted 3-D and 2-D seismic on SMT, Petrel, GeoQuest, Landmark, and Geographix workstations since the late 1980’s with special emphasis placed on working within a multi-discipline team.
Mr. Millican’s career began in 1979 with Exxon Company U.S.A. as an associate geologist for three years. He then moved on to Elf Exploration Inc. where he continued prospect development work in the Gulf of Mexico. While with Elf, Mr. Millican generated over two dozen prospects which led to discoveries in the Brazos, West Cameron, Matagorda Island, and High Island areas of over 10 MMBO and 94 BCF. Between 1996 and 2000, Mr. Millican worked offshore for Allied Natural Gas in the Gulf of Mexico and onshore for Roberson Oil Co.
In 2001 Mr. Millican began working with Devon Energy Co. where he performed numerous subsurface offshore geological and geophysical studies and developed deepwater prospects at Orion (MC 110) and Firebird (MC 661-705).
Mr. Millican joined Texas Standard Oil Company in 2010. While with Texas Standard, Mr. Millican originated several prospects on the Texas and Louisiana Gulf Coast. Mr. Millican left Texas Standard in 2012 and went to work for Cathexis Oil & Gas, where he developed several prospects in South Louisiana. Mr. Millican returned to the Texas Standard Oil team in 2015.
Mr. Millican holds a BS in Geology from Louisiana State University at Baton Rouge, LA. He is a member of the AAPG and SEG and is licensed with the Texas Board of Geologists and has Co-authored “The Use of Immersive 3D Technology and Acoustic Impedance Inversion to Drive Real-time Geo-steering of a Horizontal Well”, AAPG Bulletin, Vol. 88, No. 13.
Mr. Entzminger has worked as a geoscientist in the petroleum industry for over 40 years with major companies, independents, start-ups and his own consulting company. He has successfully led multi‐rig exploration, development, and EOR drilling programs as an accomplished geoscientist and manager. His programs have generated millions of oil & gas reserves in multiple petroleum basins both in conventional and unconventional reservoirs. He has worked most basins in the United States and has done some international work.
His first Permian Basin experience was in 1985 with Cabot Petroleum as a development geologist. From 1988 to 2003, Mr. Entzminger worked for ARCO and BP where he was responsible for exploration, development, and waterflood projects throughout the Permian Basin. He used horizontal drilling to target under-developed reserves in old fields, something relatively new at the time. In 2004 at Tom Brown Inc., he supported a team that formulated an unconventional gas shale play in the Delaware basin. The team accumulated over 200,000 acres that were acquired by Encana. As Regional Manager for Whiting Petroleum, he helped direct a team that assembled over 140,000 acres in the Delaware Basin. The team was instrumental in kicking off the Wolfbone horizontal play. That acreage is currently being developed by Diamondback Energy.
Since 2016 as Vice President for MDC Texas Energy, he helped the company secure funding from both Apollo and Riverstone. This led to successful drilling and completing over 65 operated and 20 non-operated horizontal wells that peaked at over 40 mboepd. Through his leadership the company proved seven different, productive horizontal benches in the Third Bone Spring and Wolfcamp formations.
He is a Texas Licensed Geologist and American Association of Petroleum Geologists (AAPG) certified Petroleum Geologist. He has a Geological Engineering degree from the University of Idaho, and a Master’s Degree in Geology from Idaho State University. He has served on the executive board of the AAPG and was president of West Texas Geological Society, PBS-SEPM and SWS of AAPG. Mr. Entzminger has published more than 30 technical papers on exploration and reservoir development for conventional and unconventional fields.
Mr. Roberson, a Registered Professional Landman, began his career as an independent landman working for Dudley Land Company in the Permian Basin in January, 2018. In addition to many other projects, he worked on a large, in-house asset evaluation and divestiture project for the Midland, Texas-based Endeavor Energy Resources for ten months. During this time, he evaluated numerous properties across several counties in New Mexico, Texas, Oklahoma, and Kansas to determine Endeavor’s leasehold ownership and other interests that had been obtained by the company over the years.
Mr. Roberson completed additional special land projects for Occidental Petroleum, SM Energy, PDC Energy, and Colgate Energy, among other companies. He has worked with the BLM on federal leasehold and the State of New Mexico Land Office in dealing with New Mexico state leases as well as with the Texas General Land Office on Texas state leasehold. He has performed title work in a majority of the county courthouses in the Permian Basin.
Mr. Roberson is a 2017 graduate of the University of Texas at Austin, McCombs School of Business Energy Management Program. He is also a member of the AAPL, PBLA, YPE and NMOGA.
Mr. Gibbon has over 40 years’ experience in reserve estimating, economic analyses, and reservoir engineering. Before joining Texas Standard Oil, Mr. Gibbon was Vice President of Tall City Exploration, a highly successful Permian Basin oil company backed by Denham Capital. Tall City made a major, successful extension of the Wolfcamp horizontal play in the Midland Basin with a 68 mile step out into northern Howard County.
Before joining Tall City, he was Sr. Vice President at Ryder Scott Company, L.P., leading multi-disciplinary teams of experts and providing consulting and evaluation services for clients such as Freeport-McMoRan Oil and Gas, Mariner Energy, Apache Corporation, Chevron USA, and many other public and private companies and investors.
Mr. Gibbon began his professional career with Tenneco Oil Company, followed by employment at Pogo Producing Company, North Central Oil Corporation, and Texas General Petroleum Corp.
He founded and managed his own petroleum consulting firm, IDM Engineering, Inc., for more than 10 years before returning to the direct E&P side of the business with assignments at Tatham Offshore, Inc. and Harken Energy Corp.
Mr. Gibbon graduated with a BS in Petroleum Engineering from the Colorado School of Mines. He is a licensed professional engineer in the states of Texas and Louisiana and is a member of SPE, the Society of Petrophysicists and Well Log Analysts, and the Society of Petroleum Evaluation Engineers, where he served as Houston Chapter Chairman and as a member of the national Board of Directors.
Mr. Adams has over 35 years of Industry / Investment Banking experience with a focus on the Upstream sector as well as significant experience in the Midstream, Downstream and Oilfield services space. Mr. Adams has over 20 years of Investment Banking experience, most recently as Co-Head of Upstream Investment Banking at Deutsche Bank and occupying senior roles in the Energy Groups at Citi, RBC, Macquarie Securities, Bank of America, and Petrie Parkman & Co.
In addition to his Investment Banking experience, Mr. Adams has also been fortunate to occupy roles as CEO of one private and two publicly held oil and gas companies with operations in the Rockies and Texas. Prior to joining Investment Banking, Mr. Adams was a Petroleum Engineer working in all phases of reservoir, production, development and M&A groups for an International Independent and spent several years at an engineering consulting firm. Mr. Adams holds a BSc in Petroleum Engineering and MBA from the University of Texas.
Mr. Young has 40 years of experience working all facets of petroleum engineering. He spent most of his career in the Permian Basin and served as Permian Basin Division Drilling Manager for EOG Resources in Midland. He was responsible for all drilling operations in the Midland Division from 2005 to 2007. He earned a reputation as one of EOG’s top Shale Drilling & Completions “Trouble-Shooter” and “Well Performance Optimization” Engineer.
In 2007, Mr. Young was promoted to Division Operations Manager, Barnett Shale Division where he reduced trouble cost by 75% and total well cost by 40%. Following his success there, in 2009, Mr. Young became EOG’s Division Operations Manager of its newly emerging Eagle Ford Shale Division where he ultimately managed a capital budget of over $2.1 billion, running 26 rigs and five frac crews continuously, bringing EOG’s Eagle Ford production from 2,000 to 100,000 BOPD over a four-year period.
While with EOG, Mr. Young developed the drilling and completion practices used by EOG to this day in the Eagle Ford Shale. These drilling and completions practices continue to make EOG an industry leader in shale development. He worked with geologists and geophysicists to develop fracture treatments and refine target intervals. He also developed hub facilities to minimize capital requirements for each well and hired managers, engineers, and support staff to assemble a fully functioning operations team, developing a world class asset.
After leaving EOG Resources in 2012, Mr. Young has served as Sr. Vice President of Operations with one public company and several private equity backed Permian Basin companies primarily drilling in the Wolfcamp Shale play. He has also operated in the Anadarko Basin and offshore US and internationally.
Throughout his career Mr. Young has drilled more than 4,000 horizontal wells.
Mr. Young graduated from Texas Tech University with a BS in Mechanical Engineering.
Mr. Sharman is Executive Vice President, co-founder, and co-owner of Texas Standard Oil LLC. Mr. Sharman has over 25 years’ experience in the oil and gas business, including offshore operations in the Federal OCS waters of the Gulf of Mexico, and over 40 years of experience as a practicing oil and gas lawyer.
Prior to his current activities, Mr. Sharman was part owner and Vice President, then President (as of February 1, 2008) of Texas Standard Oil Company, a privately owned, independent oil and gas non-operating company engaged in the exploration, development and production of oil and natural gas in Federal OCS waters of the Gulf of Mexico as well as in the Permian Basin and onshore Texas and Louisiana. Texas Standard Oil Company was formed as part of a publicly registered roll-up of the overriding royalty interests of the publicly traded Freeport-McMoRan Offshore Royalty Trust and the underlying working interests then owned by IMC Global, Inc. The assets were sold and it was liquidated in 2010.
In his private practice of law in the oil and gas transactional and energy finance sectors, Mr. Sharman has represented independents in the financing of the acquisition and development of oil and gas assets, on both debt and equity basis (including $300 million financing of a large domestic independent’s SPE, representing a large German commercial bank that was co-lead on the facility), primarily in Texas and Federal waters offshore Texas and Louisiana.
From 1996 to 1999, Mr. Sharman was Vice President then President of Allied Natural Gas Corporation, a privately owned, independent oil and gas company engaged in the development and production of oil and natural gas in Federal waters of the Gulf of Mexico, including operations (operated three platforms), financing (production payment lending coupled with gas marketing rights), and acquisitions (negative value/surety transactions).
Before 1995, Mr. Sharman worked solely as an attorney with various firms in Houston, Texas, including Butler & Binion, Reynolds, Allen & Cook, Oaks, Hartline & Honey and Campbell, Zukowski, Bresenhan & Woods, practicing in the oil and gas transactional and energy finance area and in litigation support.
Mr. Sharman began his career in 1978 as an Assistant Attorney General of Texas under then Attorney General Mark White.
Mr. Sharman received his BA, cum laude from Vanderbilt University and his Doctor of Jurisprudence from the University of Texas at Austin School of Law.
Mr. Roberson is President, co-founder, and co-owner of Texas Standard Oil LLC, formed in 2013.
Mr. Roberson has over 40 years of oil and gas experience. With a focus on exploratory prospect origination, drilling, completing and production operations management. Mr. Roberson began drilling in the Permian Basin in 1984 and has been an operator in the Permian Basin since 1987. While continuing to drill in the Permian Basin, he also originated prospects, drilled and was an operator and/or producer in the offshore federal OCS waters of the Gulf of Mexico, the Texas and Louisiana Gulf Coast, and the East Texas Basin.
Mr. Roberson began his career with National Supply in 1980 after graduating from the University of Texas at Austin’s McCombs School of Business with a BBA in Marketing. He returned to the University of Texas at Austin and conducted post-graduate work in Geology and Petroleum Land Management before beginning work as a staff landman with Gulf Oil Company in 1982.
In 1987, Mr. Roberson co-founded Pecos Petroleum Company and served as President of the company from its inception until its dissolution in 2001. Pecos Petroleum achieved its success by assembling and operating both developmental and exploratory prospects. During its time, Pecos Petroleum discovered or extended 14 fields and operated or participated in the production of over 7.2 MMBOE. Pecos Petroleum operated the drilling and/or completion of over 70 wells prior to 2001.
Mr. Roberson was president and co-owner of Texas Standard Oil Company, an offshore oil & gas production company formed in 2001 which acquired the Freeport-McMoRan Oil & Gas Royalty trust (was traded on NYSE) and its related working interest by becoming publicly registered through the SEC and making an exchange offer. The acquired properties were located in the Federal waters of the Gulf of Mexico. Texas Standard Oil Company was liquidated in 2010 and Mr. Roberson subsequently acquired all of the outstanding shares.
Mr. Roberson is a member of the AAPL, the Permian Basin Landman Association, the Houston Association of Professional Landmen, the West Texas Geological Society, the Houston Geological Society, SPE: Permian Basin & Gulf Coast Sections and ADAM Permian. Mr. Roberson and his wife of 33 years, Idylette Roberson have 3 sons and 2 grandsons and are members of Houston’s First Baptist Church.