XCXP Operating L.P.

Enhancing Production through Knowledge and Technology

Mr. Vargas has over twenty years of experience in the oil and gas industry.  He is an extremely accomplished petroleum engineer with extensive knowledge of reservoir engineering, production enhancement, pressure transient analysis, nodal analysis, Candidate recognition, Reservoir simulation, OFM, and well stimulation and sand control.  William has published numerous industry papers and presented many times at industry conferences. Mr. Vargas has performed and managed successfully production enhancement projects in Colombia, Venezuela, Gulf of Mexico and Gulf Coast area. His working experience in the oil and Gas industry includes diverse geographical locations like Colombia, Ecuador, Bahrain, Pakistan, Myanmar, Malaysia, United Arab Emirates, United States and Venezuela

Mr. Vargas worked for Elf Aquitaine Colombie S. A., Kelt Colombia, and Perenco Colombia from 1989 to 1997 where he had increasing responsibilities in engineering and management.  Mr. Vargas led a team of six engineers and scientists managing a Colombian field producing over 30,000 bopd.  William worked for Schlumberger from 1997 to 2007 as a Group leader and Principal Engineer working on domestic and international projects for major oil companies and independents. 

Mr. Vargas worked for ConocoPhillips from 2007 to 2009 as Staff Reservoir Engineer for the Permian Development Group managing producing assets with a gross daily production of 18,000 boep. He was part of the team responsible for production increases of over 100% in the COP Permian fields.

William’s specialty at Schlumberger was production enhancement by providing world-class consulting using rapid reservoir analysis techniques designed to help operators increase oil and gas production. He is extremely skilled at using industry computer software including OFMTM , PipeSim, reservoir simulation and other data management software, which is critical in evaluating potential property purchases.

BVX Operating Inc—Vice-President

William Vargas

Phone: (281) 693-2567 Off

William Vargas

Vice-President

BVX Operating Inc.