Michael Lynch

Consultant, Michael E. Lynch

Member of the Natural Resources Council

Council Member Biography

Michael Lynch is an independent consultant specializing in providing consulting services in the oil and gas industry. Mr. Lynch provides consultancy on reservoir engineering, reserves estimation, production forecasting, and redevelopment planning for depleted oil fields. He has been a practicing petroleum engineer for more than 50 years. After serving as a photogrammetrist in the Army Air Corps, Mr. Lynch began his career as an oil well core analyst in West Texas. He has worked for Chevron, a large international drilling contractor (SEDCO); and has held supervisory, managerial, and executive positions in the US and abroad. In 1985, with a partner in Lisbon, Mr. Lynch organized Catermar Petroleum Engineering Services to provide drilling and production supervision to international oil companies. During his career, he drilled and completed over 100 oil and gas wells in Texas, Oklahoma, California, Venezuela, Saudi Arabia, Iran, Algeria, and the Gulf of Mexico. Mr. Lynch holds a BS in Petroleum Engineering from The University of Texas. He is a registered engineer in the State of Texas and member of Society of Petroleum Engineers and Institute of Energy in London. Mr. Lynch has written four historical oil field novels under the pen name, Linton Morrell. His first novel, Steel Storage, published in London in 1998. (This is me - Update Profile)

Employment History

2004 - present: Consultant, Michael E. Lynch
1984 - 2004: Vice President of Operations and General Manager, Catermar Petroleum Engineering Services
1966 - 1983: Drilling Executive, SEDCO INC
1958 - 1966: Reservoir engineer, Standard Oil Company of California

GLG News^SM Analyses by Michael Lynch(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Baker Hughes report shows state of oil industry worldwide

November 6, 2009

Analysis by:Michael Lynch, Consultant, Michael E. Lynch

Analysis of: Baker Hughes' Profits Take a Hit, BJ Services to Advance Portfolio | www.rigzone.com

Baker Hughes reported net income for Q-3 of $0.18/share, down from Q-2's $0.28/share. Q-3 North American margins rebounded from the low of the second quarter but international results were disappointing. Revenue in Latin America declined because of reduced revenue from Venezuela, Argentina, Bolivia...

BP, CNPC face uphill climb to triple output from Rumaila field

November 5, 2009

Analysis by:Michael Lynch, Consultant, Michael E. Lynch

Analysis of: BP, CNPC to Triple Output from Super-Giant Rumaila Field | www.rigzone.com

BP and China National Petroleum Corporation have signed a service contract with Iraq's South Oil Company to expand production from the field located near Basra. The plan is to triple production to almost 3 million bbl/day. BP and CNPC plan to invest $15 billion over 20 years to raise production to...

Devon's San Augustine good shale gas well moves field limits eastward

November 4, 2009

Analysis by:Michael Lynch, Consultant, Michael E. Lynch

Analysis of: Devon Claims Highest Rate Haynesville Shale Well | www.rigzone.com

Devon announced that the Kardell Gas Unit 1H flowed 30.7 million cubic feet/day on a 24 hour test. The well was drilled to 18,350 feet including a 4,500 foot lateral. The company plans to accelerate drilling on their 47,000 acres principally located in San Augustine and Sabine counties in Texas and...

Talisman bets that natural gas prices set to rise beyond current levels in 2010.

November 3, 2009

Analysis by:Michael Lynch, Consultant, Michael E. Lynch

Analysis of: Talisman Adds Acreage in North American Shale Plays | www.rigzone.com

Talisman has added 170,000 net acres in the Pennsylvania Marcellus and the Montney shales (Canada) in the last few months at a cost of C$570 million. Marcellus drilling will increase in 2010 and drilling in the Montney will begin. Talisman doubled its Tier 1 acreage which it defines as breakeven at...

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