Ricky Nariani

Ricky NarianiStrategic Advisor - Oil - Lux Research, Xylem IncNew York, NY
-Work ExperienceStrategic Advisor - Oil and Gas (Upstream E&P)
Lux Research, Xylem Inc - New York, NY-January 2012 to Present
Advised clients, such as BP, Total, and Exxon, of potential risk exposures in energy production value chain and scouted new
technologies to unlock shale reserves and reduce environmental footprint; deliverables lead to $50MM deployed in Series A and B
financing
• Conducted thorough analysis of acquisition candidates to determine synergy and adherence to overall corporate oil and gas strategy;
approximately $1.5bn qualified candidates provided to M&A team at Xylem and $400MM in transactions executed
• Launched water for oil and gas initiative, which sources and delivers water to frack companies; included the drafting of communications and obtaining local stakeholder approval for drilling, water withdrawal, and produced water disposal
• Stewarded $4bn portfolio assessment exercise at Xylem by working cross-functionally to determine divest, harvest, or invest
strategies; resulting deliverables presented to Board of Directors and Executive Committee
• Lobbied the US Environmental Protection Agency (EPA), Bureau of Land Management (BLM), and Department of Energy (DOE) in order to provide clearer guidance on impending hydraulic fracturing regulations
• Identified organic opportunities for Xylem by conducting in-depth market analyses and drove projects to completion by embedding in business and tracking performance; all projects with at least 300% ROIC
Senior Regulatory Advisor
Murphy Oil E&P - Calgary, AB-March 2011 to January 2012
Developed regulatory strategies to ensure near and long-term growth in unconventional oil and gas production, specifically oil sands and hydraulic fracturing
• Worked in the Exploration and Development team to identify new fields and determine infrastructure required to meet crude oil
production targets; approximately 50,000 bbls/day of new production brought on-stream
• Tracked expenditures (capital, operating, and midstream) and worked closely with trading team to determine netback pricing and maintained well-level P&L models in order to advise of profitability or shut-in decisions
• Prepared $300MM annual budget for all exploration and production activities in SAP and Hyperion
• Advised executive committee of key policy risk exposures (i.e. CO2 emission regulations), specifically in upstream exploration and development drilling
• Tracked business performance, such as production and emissions using data from multiple systems, and implemented initiatives across the organization after identifying areas for improvement
• Drafted and managed delivery of communications to media, government agencies, and core external stakeholders
• Participated in industry committees and regional working groups, as a representative for Murphy, in order to lobby for changes to regulations
Regulatory Specialist and Financial Modeling Subject Matter Expert
Royal Dutch Shell (Integrated) - Calgary, AB-November 2008 to March 2011
Prepared regulatory applications and engaged government agencies in order to obtain drilling permits, new facility approval, water
licenses, and decommissioning approval; 12 new projects, consisting of 85+ new wells, and approximately 115,000 bbls/day
approved and brought on-stream
• Worked with engineering, finance, and supply-chain teams to develop 25 year development plans and forecasts (financial and production) for submission to federal and state agencies
• Acted as BW and Excel subject matter expert and developed all financial models for $10MM (or greater) value-at-risk processes
• Developed forecasting models to estimate revenue, capital and operating costs, tax payments, and exemptions for all North American
producing assets
• Managed negotiations with public stakeholders with respect to settlements of land claims, royalties, and environmental concerns
• Constructed position papers submitted to the various government ministries identifying areas of risk with policy and environmental
compliance framework changes
Regulatory Analyst
Suncor Energy (Oil Sands) - Calgary, AB-April 2008 to November 2008
Obtained in-depth knowledge of government regulations in Canada and USA, including various royalty, environmental, and transfer
pricing treatments
EducationMBA in Oil and Gas
University of Calgary, Haskayne School of Business2010

Comments

Hey Rick- it's me- it'd be nice to talk.
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