Ankit Bhargava

Ankit Bhargava

12 years Experience
An Experienced Petroleum Engineer with 12 years of experience in the Upstream Exploration and Production activities of the Oil and Gas industry. Including six years of entrepreneurial experience. Results-oriented with a proven record of accomplishments and consistent contributions that drive sales, revenues, and profitability, increase efficiency, and control costs. A Proactive leader with expertise in creating, maintaining, and sustaining relationships.Technology-driven, innovative, and ambitious.

Experience

Tecmagnum International Energy Solutions LLP, New Delhi

5 years 8 months

Director

  • Co-founded Tecmagnum International Energy Solutions LLP (TIES), with the vision of introducing new technologies for the Upstream Oil and Gas Industry in India.
  • Formed successful technology partnership and maintained excellent relationships with Kinetics Control and Innovations Ltd. (KCI), Aberdeen UK, which specializes in Rig less well integrity leak solutions using engineered Silicone-based sealants for the Upstream Oil and Gas industry
  • Introduced KCI's Rig less Well Integrity technology to the Indian Oil and Gas companies like ONGC, OIL India, British Gas, Vedanta Resources, and many others
  • Established and sustained successful client relations at a C-suite level, of the Oil and Gas industry through an in-depth understanding of the client as well as industry
  • Provided consultancy to the companies by diagnosing and evaluating the clients' problems, and provided innovative solutions as per the clients' requirements, resulting in substantial cost savings for the client.
  • Drove sales, revenue, and profitability, and was responsible for account financials of $0.5 M
  • Helped originate deals based on defined commercial pathways; drive innovative deal construct and solutions to grow business
  • Attended conferences, vendor events, and workshops to meet and network with potential new clients.
National Experts for Oilfield Solutions, Kingdom of Saudi Arabia

3 months

Business Development and Operations Manager
  • Leading the company in Saudi Arabia. The company's portfolio included Leak Sealing and Isolation, Pipeline and Anti-Corrosion Solutions and Products
  • Liaised with the technology partner Kinetics Control and Innovations Ltd. (KCI), Aberdeen, UK
  • Liaised with Saudi Aramco on their existing Well Integrity issues, diagnosed the problem, evaluating project feasibility, created a customized solution, and executed successful rig-less operations to rectify Wellhead Integrity issue in 2 Oil and Gas wells
Reliance Power Ltd

6 years 2 months

Manager (Exploration & Production)
  • Managed petroleum engineering operations with an annual budget of $12.15 M, involving indirect management of approximately 100 personnel of cross-functional teams simultaneously working on Drilling, Cementing, Well Testing, Completion, Hydrofracking, Work-Over, Artificial Lifts, and Production operations.
  • Supervised Air Drilling in 10 coring wells which helped in increasing the overall drilling efficiency by up to 50% resulting in up to 25% cost saving for the company. Supervised Well Testing operations in 8 wells and interpreted the results which helped in Gas-in-place and Reserves calculations.
  • Supervised and executed an emergency remedial cementing job in 1 test well which resulted in huge cost savings.
  • Co-ordinated with the Hydrofracking Consultant to plan and execute Hydrofracking operations which resulted in Gas production with 100% more output than expected. Production data collection, monitoring, and analysis to provide technical recommendations to the management.
  • Vendor and Contract management of overs 10 supply and service contracts and strategic engagement with multinational organizations such as Schlumberger, Halliburton, Weatherford, etc.
  • Managed the Statutory QHSE compliance as directed by Oil Industry Safety Directorate (OISD) under Ministry of Petroleum and Natural Gas, India, and Directorate General of Mines Safety (DGMS), India.

Functional Areas

         

Education

University of Petroleum & Energy Studies (UPES), Dehradun , India
B.Tech (Applied Petroleum Engineering)

Accomplishment

Winner of the inaugral inter-college
T20 cricket tournament, Dehradun

2008

Certification

CSPO
Advanced Leadership Programme, SDA Bocconi