Fred Aminzadeh

Dr. Fred Aminzadeh PhD

President and Chief Executive Officer, FACT Inc


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Member of the Natural Resources Council

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Council Member Biography

Fred Aminzadeh is the President of FACT. FACT-Corp.com is an upstream oil and gas consulting firm, focusing on finding new technology solutions, advising the investment community, consulting and training. He is also a Professor of Petroleum Engineering at the University of Southern California. He was previously President and CEO of dGB-USA, a geophysical contracting firm. Previously, Dr. Aminzadeh also served as the President of the Society of Exploration Geophysicists. He also worked was a Manager of Geophysics and Seismic Acquisition at Unocal Corporation that consequently merged with Chevron. Dr. Aminzadeh has consulted on risk, reserves, unconventional resources and other investment issues in the petroleum industry. He is experienced in US onshore, Gulf of Mexico, Caspian, Middle East, Asia, and Latin America and is knowledgeable about geological, geophysical, drilling and engineering issues. He is a Member of AAPG, SEG and SPE and has also served as a Member of DOE's Unconventional Resources Technology Advisory Committee. Dr. Aminzadeh has been featured in Oil and Gas Journal and AOGR. He is now a Member the Board of Directors of KMSTechnologies.com and the External Advisory Board of Saratoga Resources (stock symbol SARA). (This is me - Update Profile)


Employment History

2008 - 2011
Owner and Senior Advisor, dGB-USA
2007 - 2008
President, SOCIETY OF EXPLORATION GEOPHYSICISTS
1999 - 2008
President and Chief Executive Officer, dGB-USA
1989 - Unspecified
President and Chief Executive Officer, FACT Inc
1982 - 1999
Manager, UNOCAL CORPORATION

GLG NewsSM Analyses by Fred Aminzadeh

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Another Blackbeard/Davey Jones in the Making?

May 23, 2010

Unlocking Grand Bay's deep treasures: gulf shelf potential at 17,000-28,000 ft | www.ogj.com

A recent Oil and Gas Journal article (April 12, 2010) discusses Grand Bay field in the Mississippi Delta, as another example of a potential new discovery in deep shelf gulf. Ultra-deep shelf plays target reservoirs below the salt weld with sizes up to 1 Tcfe at over 20,000 ft. Interest in deep shelf plays in the Gulf of Mexico has been spurred by McMoRan's recent Davy Jones discovery. These deep prospects have shorter lead times to first production and lower development costs.

Finding New Oil in Old Fields

January 24, 2010

McMoRan Davy Jones Gas Discovery | www.theoildrum.com

On January 18, 2010, the Oil Drum reports McMoRan Exploration Company has made a significant discovery in the U.S. Gulf of Mexico that may contain 2-6 trillion cubic feet (TCF) of natural gas reserves. The well was drilled in 20 ft of water 10 miles south of the Louisiana coast discovery by McMoRan and partners.

Another Sub-Salt Discovery Offshore Brazil

December 3, 2009

Brazil's Wahoo North presalt find extended | www.ogj.com

Oil and Gas Journal Editors report a new sub-salt discovery offshore Brazil. A group led by Anadarko Petroleum Corp. found more than 90 ft of net oil pay at the Wahoo-2 (Wahoo North) appraisal-exploration well in the northern Campos basin in the same pre-salt interval as the Wahoo discovery.

Seismic While Drilling is Emerging as a Practical Tool to Reduce Drilling Cost

August 17, 2009

Seismic-while-drilling technology advance hailed | www.ogj.com

Nick Snow, Washington Editor of the Oil and Gas Journal reports of a breakthrough in practical implementation of the seismic while drilling technology. Technology International Inc. of Kingwood, Tex., has developed a breakthrough borehole imaging system that is nearly commercial, according to the DOE. SeismicPulser system provides more accurate geosteering for oil and gas discoveries, facilitating field development and improving well economics.

Seismic technology contributed to successful sub-salt drilling in the GOM

July 28, 2009

BP Heralds Gulf of Mexico Prospects | online.wsj.com

Oil and Gas Journal reported a successful appraisal well drilling by BP PLC. This well was drilled in a previously untested southern segment of Mad Dog field in the Gulf of Mexico. The 826-5 well was drilled on Green Canyon Block 826 about 100 miles south of Grand Isle, La. The well found 280 net ft of hydrocarbons in the objective Miocene hydrocarbon-bearing sands. In 2008, BP drilled the A-7 well in the western part of the field, with 275 ft of net pay.

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