Travis Ransom

Travis Ransom

Petroleum Engineer Intern

Followers of Travis Ransom2000 followers
location of Travis RansomMidland, Texas, United States

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  • Timeline

  • About me

    Director of Corporate Planning at California Resources Corporation | Energy & Petroleum Industry | Leading High Impact Teams |

  • Education

    • Colorado School of Mines

      2006 - 2010
      Bachelor's Degree Petroleum Engineering w/ Minor In Economics and Business Magna Cum Laude

      Activities and Societies: Varsity Swimming, Society of Petroleum Engineers, Tau Beta Pi, Pi Epsilon Tau

  • Experience

    • EOG Resources

      May 2008 - Aug 2008
      Petroleum Engineer Intern

      -Petroleum Engineering Summer Intern in Field Office. Unitah Basin, Vernal, UT-Gained field exposure on drilling, completion and production engineering rotation focused on gas plunger lift operations.-Analyzed and digitally mapped new well locations to optimize road access, plan location development and minimize environmental impact.

    • Aera Energy LLC

      May 2009 - Aug 2009
      Reservoir Engineer Intern

      -Reservoir Engineering Summer Intern. Belridge Field, Bakersfield, CA-Analyzed reservoir compaction and surface subsidence to mitigate well failures in Diatomite reservoir.

    • Aera Energy LLC

      Jul 2010 - Jul 2024

      Leader of cross-functional team with accountability for: -Enterprise production forecasting (annual operating plans, quarterly projections, etc.)-Upstream portfolio management and development of investment strategies-Annual reserves evaluation and reporting-Water management strategies: produced water, freshwater and groundwater-Long term project permitting strategies and execution: California Environmental Quality Act (CEQA), -Underground Injection Control (UIC), Senate Bill 4 (SB4) groundwater monitoring Show less -Led team of technical staff, responsible for maximizing the reservoir recovery and depletion plans of the light oil Diatomite reservoirs in the Belridge and Lost Hills Fields.-Successfully pivoted depletion strategies to counter pandemic challenges of low oil price and minimal capital availability.-Provided leadership to significantly outperform oil production targets (~35 M BOEPD) and further enhance CF margins on the most profitable field for company.-Proven track record leading large scale multi-department initiatives, optimizing financial performance, people development and company culture.-Inspired and empowered teams to be their best through complex pandemic conditions. Show less -Led team of technical staff, responsible for maximizing the reservoir recovery and depletion plans of the heavy oil reservoirs in the Belridge, Lost Hills, Cymric and McKittrick Fields.-Strategically optimized the capital investment drilling programs to maximize profitability. Enabled 100+ year old reservoirs on tertiary recovery to offset decline and increase total production by ~4,000 BOEPD. -Strategized, created and executed business plan’s to enable profitable operations in a low oil price environment while balancing long term innovation. -Served as a role model and Executive ERG sponsor empowering an inclusive company culture where staff could thrive.-Ensured compliance with SEC and PRMS reserve classifications and appropriate communication with stakeholders. -Enabled team members to grow through effective goal setting, delegation, trust and performance management. Show less -Managed operational team responsible for 1,400+ oil wells and over 12,000 BOPD production in the Midway Sunset field.-Ensured daily operations including well troubleshooting, maintenance and measurement were executed safely and environmentally consciously.-Worked in collaboration with other operational teams such as treating facilities (water, oil and gas) and steam generation, to ensure well production was maximized.-Utilized lean and continuous improvement principles to enable team success and profitability in low oil price environment. Show less -Reservoir Engineer - Midway Sunset Field, CA.-Heavy oil reservoir management and steam flood optimization experience. Responsibilities include:-Planning future drilling locations and preparing associated capital AFE’s and economic calculations.-Reservoir surveillance through flood / pattern review, decline curve analysis, steam management.-Lead role in evaluating the field’s portfolio of projects and prioritizing the drilling schedule accordingly.-Preparing and coordinating reserve bookings to SEC and PRMS standards.-Utilized the following oilfield software: DSS, PEEP, XSPOX, XBal, Rodstar, Openwells, Arc GIS, Business Objects and JMP-Incorporated Lean and 6 Sigma Advanced Greenbelt training to support continuous improvement projects Show less -Production Engineer - Team Lead. Midway Sunset Field, CA.-Heavy Oil Steam flood surveillance and artificial lift experience.-Responsible for maximizing oil production through: Production analysis and surveillance, pattern reviews, workover and stimulation design, beam pump lift optimization, steam injection conformance and casing vapor recovery system. -Role as team lead involved: Strategizing team’s yearly business plan, ensuring production targets were achieved, approving workover programs and mentoring production engineers. -Utilized the following oilfield software: DSS, XSPOX, XBal, Rodstar, Openwells, Arc GIS, Business Objects and JMP-Incorporated Lean and 6 Sigma Advanced Greenbelt training to support continuous improvement projects Show less -Petroleum Engineer. Well Abandonment and Investment Recovery Team. Belridge, Midway Sunset, Coalinga, San Ardo, Ventura and Brea Fields. California.-Project manager for well abandonment process.-Comprehensive field understanding of workover operations, cementing procedures and well completions.-Responsible for planning and prioritizing rig activity, resources and people to meet company abandonment targets.-Managed asset's financials to ensure abandonment activity was within budget constraints. Show less

      • Senior Leader - Portfolio Management and Reserves

        Feb 2023 - Jul 2024
      • Senior Leader - Water Resources & Permitting

        Nov 2020 - Feb 2023
      • Manager of Engineering and Geoscience - Light Oil: Belridge and Lost Hills Fields

        Dec 2019 - Nov 2020
      • Manager of Engineering and Geoscience - Heavy Oil: Belridge, Lost Hills, Cymric and McKittrick Field

        Nov 2016 - Dec 2019
      • Supervisor of Operations and Production

        Nov 2015 - Nov 2016
      • Reservoir Engineer

        Dec 2014 - Nov 2015
      • Production Engineer - Team Lead

        Dec 2012 - Dec 2014
      • Petroleum Engineer - Well Abandonment and Investment Recovery

        Jul 2010 - Dec 2012
    • California Resources Corporation

      Jul 2024 - now
      Director of Corporate Planning

      Leading corporate planning functions post merger with Aera Energy - ensuring seamless integration of assets and execution of high-impact investment strategies. -Driving strategic growth, portfolio integration and capital optimization in the oil and gas and energy sectors. -Aligning financial and operational strategic priorities, and delivering results that enhance stakeholder confidence.

  • Licenses & Certifications

    • Lean Six Sigma Green Belt (ICGB)

      Aera Energy LLC
      Feb 2013
    • Leading for Organizational Impact - Senior Leadership Training

      Center for Creative Leadership
      Jan 2022
    • Leadership Development Program (LDP)

      Center for Creative Leadership
      May 2018
  • Honors & Awards

    • Awarded to Travis Ransom
      Bakersfield Life - 20 People Under 40 to Watch Bakersfield Life Aug 2021
  • Volunteer Experience

    • Director Board of Directors

      Issued by Valley Water Management Company on Jan 2021
      Valley Water Management CompanyAssociated with Travis Ransom
    • DEI Executive Leadership Sponsor - Early Career, Employee Resource Group

      Issued by Aera Energy LLC on Jan 2017
      Aera Energy LLCAssociated with Travis Ransom
    • Advisory Board - Employee Political Action Committee

      Issued by Aera Energy LLC on Aug 2020
      Aera Energy LLCAssociated with Travis Ransom
    • Ambassador Program Steering Team Advisor

      Issued by Aera Energy LLC on Jun 2017
      Aera Energy LLCAssociated with Travis Ransom
    • Team Captain

      Issued by American Cancer Society on Jan 2011
      American Cancer SocietyAssociated with Travis Ransom