
As a Reserve Analyst with Gulf Canada, Alan Jackson uses computer
software and his own analytical skills to estimate the current value of
oil and gas reserves. The job requires a strong understanding of economics,
taxes, business models, and the oil and gas industry. |
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The reserve
analyst department of Gulf Canada is located in downtown Calgary
in the Gulf Canada Square building. That is where Alan and two other
analysts use special computer software that allows them to track
the actual volume and value of reserves as they are used up and
replaced through exploration and development. They also use the
software to provide future reserve value estimates in a variety
of economic and business climates.
Recently, Alan has also been involved in a capital
performance program where he analyzed potential purchases using
an economic software package. "We analyzed the current net present
value of the reserves booked by a reserve engineer. Our reports
then went to the budgeting and planning department for further
analysis and decisions." Alan only started working at Gulf eight
months ago, but already he's very happy. His current position
allows him to use all of his previous experience in the chaotic
routine he thrives on. "The requests that are coming in are varied
and you never know what to expect."
The best part of his job is knowing that he's
directly contributing to the future of his company. Alan frequently
sees top Gulf executives using his analysis to make important
company decisions. "Our CEO is pretty keen on the information
that we can provide," he says. "He's always providing us with
new 'what if' questions."
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