Talara Oil and Gas LLC formed a new venture, based in Houston, for producing assets in North and South America, the company said Feb. 29.
The newly formed company will be led by Manuel Pablo (Manolo) Zuniga-Pflucker, president and CEO. He said the initial focus will be on Peru’s onshore assets.
Most recently, Zuniga-Pflucker was CEO for Houston-based BPZ Energy, which operated onshore and offshore properties in Peru; the company held a nonoperating oil property in Ecuador.
BPZ discovered oil in the Z-1 Block in Peru and brought the oil online using the first FPSO commissioned in that country.
Previously, Zuniga-Pflucker worked at Occidental Petroleum Corp. (NYSE: OXY).
He has a bachelor’s degree from the University of Maryland and a master’s degree from Texas A&M University. He is currently a visiting committee member at the University of Maryland and a member of Texas A&M’s International Advisory Board.
Greg Smith will lead finance, treasury and capital markets at Talara. Most recently, Smith worked at Energy XXI Ltd. for five years. From 2007 to 2011, he worked at BPZ Energy, and he has more than 20 years’ experience in the oil and gas sector.
Smith has a bachelor’s degree from Missouri State University and a master’s of business administration degree from Texas A&M University’s May’s Business School.
Chuck Fetzner will lead Talara’s A&D team; he has more than 35 years’ experience managing E&P projects in the U.S., across South America, and in China and Africa. Zuniga-Pflucker said that Fetzner will lead an advisory board.
Previously, Fetzner worked at Sun Exploration and Production, Oryx Energy and Apache Corp. (NYSE: APA).
Fetzner has a bachelor’s degree from the University of New Hampshire.
Recommended Reading
Well Done Foundation Wins California Orphan Well Project
2024-02-12 - Nonprofit Well Done Foundation will plug orphan wells in Santa Barbara County, California, starting in Orcutt and Santa Maria.
NAPE: Turning Orphan Wells From a Hot Mess Into a Hot Opportunity
2024-02-09 - Certain orphaned wells across the U.S. could be plugged to earn carbon credits.
Vår Energi Hits Oil with Ringhorne North
2024-04-17 - Vår Energi’s North Sea discovery de-risks drilling prospects in the area and could be tied back to Balder area infrastructure.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
E&P Highlights: March 4, 2024
2024-03-04 - Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.