Home

SPE General Meeting

 

SPE

SPE

SPE

 

Organizational Dynamics in Managing Change

Case Study: one CRC Reserves Management

Elizabeth DeStephens, P.E.

Thursday, February 23rd, 2016 @ 11:30 AM

San Joaquin Valley Section

Petroleum Club 12th Floor - 5060 California Avenue, Bakersfield

 

Speaker: Elizabeth DeStephens, P.E. (VP Reserves & Corporate Development, California Resources Corporation)

Reservations: RSVP by February 21st to avoid walk-in payment

Using the corresponding link below to pay online:

Online Payment Link

OR

Email Jeff Kim at Jeff.Kim@CRC.com

Abstract:

In one cycle, CRC reduced the time spent in reserves estimation by 80%, while at the same time   performing more extensive controls and reviews over a greater quantity of evaluations. This        presentation focuses on the work design principles and implementation process which led to this       positive outcome. These principles can be utilized to solve organizational challenges beyond reserves            & reporting.

Why is change so difficult?

“Most studies still show a 60-70% failure rate for organizational change projects — a statistic that              has stayed constant from the 1970’s to the present.”
-Harvard Business Review, R. Ashkenas, April 16, 2013

Biography:

Elizabeth DeStephens is Vice President – Reserves & Corporate Development at California Resources Corporation, which spun off from Occidental Petroleum in December 2014. She is responsible for reserves and valuation of CRC’s upstream assets for SEC reporting, credit agreements, external audits, and business development activities. Previously, she served in various engineering roles at Ryder Scott, ExxonMobil, Occidental, and Raymond James Energy Investment Bank. Ms. DeStephens has a B.S. in Materials Science from the University of Florida, an M.Eng. from the University of Houston, and an MBA from the Massachusetts Institute of Technology. She is a registered engineer and member of SPE’s U.S. Engineering Registration Subcommittee.

Society of Petroleum Engineers - San Joaquin Valley Section
222 Palisades Creek Drive, Richardson, Texas 75080
+1.972.952.9393 | E-mail | Send To Friend
SPE members receive periodic emails on events and programs related to the section to which they belong. If you no longer wish to receive emails from this section, please opt-out. You may also choose to review your email preferences with SPE International.


 

ck here to view in browser.


 

 

 


ANNOUNCEMENTS

  • SPE Western Regional Meeting

    23-27 April 2017
    Bakersfield, CA

  • SPE SJV Subsurface Group Meeting

    Coming Soon

  • Raffle to Support SPE Scholarships

    Tickets: $20/1 or $100/6
    Prize: $750 Gift Certificate - Sea Venture Beach Hotel in Pismo
    Contact: david.susko@bakerhuges.com or SMyers@flotekind.com

  • Short Course: Production Gauging Principles and Methods

    November 15th, 2016; 8:30 to 4:40 PM
    University of Phoenix, 4900 California Ave, Bakersfield
    Instructors: Suzanne Castrup and Charlie Webb.
    See October Newsletter (page 15) for more details.

SPE INTERNATIONAL

SPE Peer-Review Papers

SPE’s peer review process provides invaluable constructive feedback from experts in your field, allowing you to make a good paper even better.

Learn more

 







Know

Share

RECENT SHARED FILES

Log in to see this information

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

RECENT BLOGS

Log in to see this information

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

Quick links







Engage

STUDENT SUPPORT

Log in to see this information

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.