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.