James D. Bennett, II P.E.

Experience

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  AMOCO PRODUCTION CO

  Jun 1979 - May 1982

  Petroleum Engineer

  Managed daily production of West Texas (Permian Basin) primary and secondary recovery oil fields.

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  Internal Revenue Service

  Sept 1982 - Apr 1990

  Petroleum Engineer

  Evaluated and prepared fair market value oil and gas property appraisals, valuation of tangible personal property and valuation of intellectual property. Conducted federal income tax examinations of individuals and complex business organizations. Examinations entailed analysis of technical and tax matters e.g. contract compliance (drilling operations, partnerships, leasing, joint operating, fixed contract gas, etc.), depletion, intangible drilling costs, geological & geophysical expenditures, delay rentals, worthless leases, severance taxes, etc. Expert witness testimony services. Show less

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  BP

  May 1990 - Apr 1999

  Sr. Staff Petroleum Engineer

  Reservoir/Surveillance Engineer Technical liaison to co-operator in Prudhoe Bay Unit (PBU). Influenced and negotiated neutral technical operation practices and performed reservoir surveillance studies to exploit reservoir management opportunities.Area Petroleum EngineerManaged daily operations of a PBU miscible (WAG) injection project performing reservoir surveillance work, production and injection well troubleshooting recommending remedial actions for down-hole and topside facility operations and identified and implemented reservoir management strategies as needed.North Slope Production EngineerResponsible for well site supervision, facilitating and implementing down-hole work-over operations, and compliance to well and equipment safety systems and environmental control standards.Business and Commercial Development Analyst Identified internal business and commercial opportunities and implemented strategies to generate alternative business unit income.Ad Valorem Tax AnalystManaged all BPXA property tax initiatives and activities involving $7 billion of taxable property including top side facilities, producer and injection wells and Alaska Pipeline. Show less

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  Deloitte

  Sept 1999 - Sept 2004

  Manager

  Engineer Consultant/Manager – R&D Tax Credit Analysis Coordinated and managed engagements, conducted technical interviews with engineers and scientists and documented technical analysis memorandums to support the R&D activity of novel technology. Managed daily engagement activities of multi-disciplined groups. Served as firm’s National Chair of Engineering Technical Liaisons for R&D practice. Technical Advisor to Quality Assurance and Advisory Services group.

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  InovativSolutions

  Sept 2004 - now

  Patent Agent

  Patent Agent/Engineer ConsultantPerform patent prosecution, technology licensing, IP portfolio management, valuation of intellectual property and expert witness testimony services. Provide engineer consultation on legal and technical matters and tax and patent law. Procure and direct R&D Tax Credit engagements conducting R&D activity assessments, technical interviews with engineers and scientists, evaluating technical and intellectual property documents and documenting findings to support analyses. Provided expert witness testimony services for R&D analysis federal case (Trinity Industries vs. USA) in the United States District Court for Northern District of Texas Dallas Division. Performed records review, technical support of project work, deposition and trial testimony. As case law, the court ruling helped resolve and set precedent regarding the confusion of the inclusion and treatment of prototype costs as supplies for the credit. Show less