Type Of Business:
Oil and gas exploration and production company
Marketing Area:
United States; International
Expertise:
Organizing new ventures, acquisitions and divestitures; Operational exploration and production; Prospect generation and evaluation; Reserve estimates; Risk and economic analysis
Major Product/SVS:
Discovery and production of oil and gas
Hobbies/Sports:
Commercial piloting; Hunting; Fishing
Education Degrees:
Master's Degree in Geology, Geophysics and Rock Mechanics, Texas A&M University; Bachelor of Science in Geology, Southern Illinois University
Affiliations Awards:
Phi Beta Kappa Honor Society
Date of Distinction:
11/1/2011
Work History:
Senior Executive Vice President of Exploration, Asia Pacific Exploration Consolidated (2007-2011); Exploration Manager, State of Alaska (2004-2007); Senior Staff, Geoscience Adviser (2003-2004); Chief Executive Officer, Silver Fox Charters (2000 to 2003); New Ventures Manager-SE Asia (1999-2000); Unocal Indonesia (1998-2000); Principal Senior Staff Geoscience Adviser, Unocal (1998-1999); Technical Coordinator, ARCO Alaska (1996-1998); Manager/Technical Coordinator, ARCO Indonesia (1990-1996); Senior Staff Geoscientist, ARCO Alaska (1988 - 1990); Geoscientist, ARCO Alaska (1987 - 1988); Development Geoscientist, ARCO Alaska (1984 - 1987); Atlantic Richfield Company (1979-1998); Geoscientist, ARCO Denver (1979-1984)
Career Achievements:
Discovering more than 24 TCF (4 BBOE) of gas in Papua Indonesia, the Tangguh LNG Project. BP now owns the project, but they did not discover it.
What has been the most outstanding thing you have done thus far in your career?:
The highlight of his career was discovering more than 24 TCF (4 BBOE) of gas in Papua Indonesia, the Tangguh LNG Project. BP now owns the project, but they did not discover it.
How would you like to be remembered by your peers?:
He would like to be remembered as intelligent, honest, hard working and fun loving.
Expanded Biography:
Mr. Casarta has a unique combination of operational and new technology expertise for the petroleum industry in domestic and international environments. He advanced through leadership positions with Unocal Corporation and Atlantic Richfield Company (ARCO) and with smaller exploration companies. He identified opportunities and crafted proposals for new business development. He directed large turnaround projects over multiple sites and led cross-functional teams responsible for exploration, appraisal and development. He projected and analyzed reserve prospects, coordinated geologic data interpretation, initiated petroleum exploration and led operations from predrilling through postwell supervision.
Throughout the duration of your career, what was the one highlight that stood out the most?:
The highlight of his career was the discovery of more than 24 TCF of gas in Papua, Indonesia, in the 1990s, for the Atlantic Richfield Company, now operated by British Petroleum.
Number Of Years In Profession:
30
Number Of Years In Current Position:
1
What Does He/She Attribute Success To:
He attributes his success to hard work, attention to details, and creativity.
Why did you become involved in your profession or industry?:
He became involved in his profession due to his background in energy science.
Extended Bio Profile:
Mr. Casarta has over 28 years of oil industry experience in the Rocky Mountain region, Canada, Alaska, and southeast Asia, including Indonesia, Malaysia, Vietnam, Papua, New Guinea, the Philippines and Australia. He has worked in Montana, Wyoming, Utah, Idaho and Canada for six years, mainly the thrust belt and associated foreland basins. He has worked 11 years in Alaska, Cook Inlet and North Slope, and 11 years in Southeast Asia. He lived in Indonesia for eight years, and in Alaska for 16 years. Presently he lives in Istanbul, Turkey.
He has identified opportunities and crafted proposals for new business development. He has directed large turnaround projects and led cross-functional teams responsible for exploration, appraisal and development. He has developed exploration programs, strategic business plans and acquisition strategies that have lead to the discovery of more than 4 BBOE, recoverable.
He is a proven hydrocarbon finder. He has discovered hydrocarbons in geologically simple and complex areas around the world. He has done about everything there is related to oil and gas exploration and development as a geologist, seismic interpreter and as a manager. Technically, he has done basin analysis, regional studies, prospect generation, fracture analysis, source and reservoir rock analysis, generation and migration of hydrocarbons studies, seal formation and seismic interpretation of potential traps, stratigraphic and structural.
He has been the SVP/Manager/Technical Coordinator of several major projects involving multidisciplinary teams. He has lead, planned, organized and implemented technical and operational meetings with other companies and with governments, domestic and foreign. He has negotiated contracts with foreign governments, oil companies and oil field vendors. He has directed/managed field development, wildcat exploration and new ventures, including acquisitions and divestitures projects.
He has diverse experience with areas, projects, cultures and people. He is a dedicated, hard-working, innovative and creative individual, and a team player.
Position Responsibilities and Duties:
Managing and directing multidisciplinary teams to find and produce hydrocarbons economically
Awards/Honors:
Multiple Awards for Oil and Gas Discoveries
Publications:
Casarta, L. J., Salo J. P., Tisnawidjaja, S., Sampurno, S. T., Marcou, J. A., Wiriagar Deep: The Frontier Discovery That Triggered Tangguh LNG, IPA - Deepwater and Frontier Exploration in Asia & Australia Conference, (2004); Casarta, L. J., McNaughton D. A., Borneman T., Bettis F. Fracture Identification and Matrix Characterization using down hole imaging (FMS) in Lisburne Carbonates, North Slope of Alaska, SPWLA 30th Annual Logging symposium, (1989); Casarta, L. J., Mechanical Effect of Interlayer Slip on the Folding of Sedimentary rocks, GSA (1981);
Where Will You Be In 5 Years:
In five years, Mr. Casarta will be in Istanbul, Turkey.