John Brawley, executive vice president and CFO of Maverick Natural Resources LLC, is today’s featured Forty Under 40 honoree.
Maverick Natural Resources is a Houston-based E&P focused on the development and production of long-lived oil and gas reserves throughout the U.S. The company emerged from the restructuring of its predecessor and large public MLP, Breitburn Energy Partners, in 2018 as majority-owned and controlled by funds and accounts managed by EIG Global Energy Partners.
Brawley said Maverick has undertaken the term “transformation” more literally.
“Transformation for us is a defined term used by management consultants which changes every way in which a modern oil and gas company operates. ... We had to completely change the company’s culture and drive performance to achieve the industry-leading cost efficiency we have today,” he said.
Prior to joining Maverick, Brawley held numerous senior leadership roles in public companies, including CFO of both midstream and upstream companies. He also previously served as co-head of the Guggenheim Houston office.
According to Brawley, he “became CFO of a company the scale of Maverick sooner than expected and did so with a broader array of responsibility than typical for a CFO,” which includes A&D, M&A, finance, accounting, marketing, reservoir engineering and its IT functions.
Brawley recently led Maverick’s divestiture of almost $200 million of assets at valuations he said were “significantly higher than proved producing present value in one of the toughest A&D markets in recent history.”
Click here for John Brawley’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Small Steps: The Continuous Journey of Drilling Automation
2024-12-26 - Incremental improvements in drilling technology lead to significant advancements.
From Days to Minutes: AI’s Potential to Transform Energy Sector
2024-11-22 - Despite concerns many might have, AI looks to be the next great tool for the energy industry, experts say.
Understanding the Impact of AI and Machine Learning on Operations
2024-12-24 - Advanced digital technologies are irrevocably changing the oil and gas industry.
AIQ, Partners to Boost Drilling Performance with AI ROP Project
2024-12-06 - The AI Rate of Penetration Optimization project will use AI-enabled solutions to provide real-time recommendations for drilling parameters.
Companies Hop on Digital Twins, AI Trends to Transform Day-to-day Processes
2024-10-23 - A big trend for oil and gas companies is applying AI and digital twin technology into everyday processes, said Kongsberg Digital's Yorinde Lokin-Knegtering at Gastech 2024.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.