Sanjay Verma

Ex- Executive Director, Oil and Natural Gas Corporation | MBA- International Business | Project Management | Petroleum Engineer | Well Completion | Well Intervention | Deep Water Field Development | Hydraulic Fracturing

Mumbai, Maharashtra, India

About

A seasoned Petroleum Engineer with 38+ years of experience in the Oil and Natural Gas Corporation Limited (ONGC), India's premier energy company. Starting as a graduate trainee and rising to Executive Director, I've honed my expertise across the entire production spectrum: - Well Completion & Testing - Onshore/Offshore Process Installations - Well Intervention - Artificial Lift Design - Well Stimulation (Acidization & Hydraulic Fracturing) - FPSO Charter Hiring - Deep-water Field Development My diverse experience extends to managing teams, materials, contracts, projects, and disputes with exceptional efficiency. I possess a strong understanding of Production Sharing Contracts (PSCs) gained through my association with ONGC's overseas arm, OVL. Additionally, I have extensive software coding experience, leveraging it to develop production optimization tools. Beyond technical expertise, I hold an MBA in International Business from Indian Institute of Foreign Trade, complementing my technical background with valuable sales and marketing experience for both crude oil and natural gas, catering to domestic and international clients.

Experience

  • Consultant at Freelance
    Nov 2023 - Present · 2 yrs 9 mos

    Providing consultation services to clients in oil & gas industry.

  • Oil and Natural Gas Corporation Ltd (Full-time · 13 yrs 7 mos)
    • Executive Director- Chief Well Services
      Oct 2021 - Oct 2023 · 2 yrs 1 mo

      • Responsible for optimal performance of more than 5500 oil & gas producing wells, water injection and EOR wells • Lead a team of more than 2000 personnel towards efficient well intervention and stimulation operations • Resource planning and budgeting for group’s operations across the country • Introduce and adopt new technologies to improve operational efficiency, safety and cost optimisation • Completion of 26 subsea wells as part of India's most ambitious deep-water development project. • Succession planning for senior managerial positions

    • Head, Well Services
      Jul 2020 - Sep 2021 · 1 yr 3 mos

      - Responsible for well design, completion, testing, intervention and stimulation operations in the Western Offshore, India - Facilitating procurement of goods and services from domestic and international sources for cost-efficient operations - Meeting statutory compliances - Mentoring young engineers for future challenges and positions

    • Location Manager – Well Completion & Testing, Subsea Project
      Jun 2018 - Jun 2020 · 2 yrs 1 mo

      - Finalised job design and contract for subsea well completion with support from international consultants for the country’s biggest deep-water development project. - Commenced execution of subsea well completion campaign with other stakeholders and resolved interface issues - Ensured uninterrupted operations on three floater rigs simultaneously even during the thick of covid pandemic - Resolved multiple post-contract issues with MNC service providers

  • Marketing Manager at Oil and Natural Gas Corporation Limited (ONGC)
    Feb 2006 - Mar 2010 · 4 yrs 2 mos

    - As Marketing Manager, I had worked for sales / evacuation of crude oil produced from all the producing fields ONGC. Participated in Industry Meetings for sharing forward looking plans and optimal distribution among end consumers (Shore / in-land refineries) under diverse logistical constraints. Helped in formulation of Crude Oil Sales Agreements. Supplemented Marketing Group's endeavours in sales of Value Added Products from the Processing Plants located at Uran and Hazira. - While working in the Marketing Group, Mumbai I negotiated a short-term non-APM gas sales contract with Maharashtra State Electricity Board at a record price of US $ 11/MMBtu.

  • Oil and Natural Gas Corporation Ltd (Full-time · 20 yrs 4 mos)
    • Head of Hydraulic Fracturing Group
      Jun 1999 - Feb 2006 · 6 yrs 9 mos

      - As Head of Hydraulic Fracturing Group in Well Stimulation Services, Ahmedabad implemented many changes in job design, job execution and post job analysis to significantly improve performance of fracturing jobs. - I was one among twenty candidates selected from all over ONGC to do MBA (International Business) from the Indian Institute of Foreign Trade, New Delhi. The course covered Marketing, Finance and Human Resource and Business Strategy for both national and international businesses.

    • Senior Production Engineer
      May 1996 - May 1999 · 3 yrs 1 mo

      - Was Incharge Central Tank Farm and Group Gathering Station - Worked as Incharge workover rig - Was conferred “Young Executive of the Year Award” in 1997

    • Production Engineer
      Nov 1985 - May 1996 · 10 yrs 7 mos

      - Procurement of oil field equipment - Management Services Group - Developed PC-based financial modeling packages for various Production Sharing Contracts regimes.