Xodus Appoints Subsurface Director to Build Team and Drive new Business
Monday, June 14, 2010
Aberdeen-headquartered Xodus Group has appointed a director to drive forward a new global wells and subsurface business stream.
Steve Jewell, 49, is now set to launch a recruitment drive to create 12 new posts this year rising to 50 in three years. He believes Xodus Group is in the unique position of being able to provide a one-stop-shop consultancy service covering all aspect of the upstream business, from reservoir to refinery.
He joins Xodus Group from independent exploration and production company Composite Energy Ltd where he was Chief Operating Officer and a founding shareholder. Mr Jewell grew the organisation to over 90 employees and achieved financial growth from seed capital of £300,000 to an estimated value of over £50 million in five years. Composite Energy Ltd is the most active operator in the unconventional gas market and was the first company in the UK to successfully drill for coal bed methane using pioneering new horizontal drilling techniques.
Prior to starting Composite Energy Ltd, Mr Jewell held a variety of senior positions over 20 years at Hess Corporation in Aberdeen, London and Norway including Global Head of Drilling and Well Technology and Acting General Manager of North Sea operations.
Mr Jewell started his career as a reservoir engineer at Conoco following a degree in electronic engineering at Sheffield University.
He said: 'I wanted a new challenge and was excited by the vision and values of the Xodus Group. I'm now looking to create a multi-discipline team of production technologists, reservoir engineers and geoscientists who have the desire and drive to be world leaders in their field. With my background in unconventional gas we are able to offer expertise in what will be a major growth area in the wells and subsurface market.'
Subsurface engineers and geoscientists manage all technical aspects of reservoir development including the critical interface between the reservoir and the well, covering perforations, sand control, artificial lift, stimulation, downhole flow control and downhole monitoring equipment.
Colin Manson, Chief Executive of Xodus Group welcomed Steve Jewell to the company saying: 'We predict a huge growth in subsurface services and are optimistic about the potential out there. Xodus Group can help clients with efficiency, offering a seamless integration of services from exploration through production and development and this one consultancy approach can greatly enhance the quality of what we deliver as well as saving valuable project time.'
Mr Jewell is married with two children and enjoys sports and taking part in running and cycling challenges.
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