Jarand founded Rystad Energy in 2004 and is managing the company. Jarand has extensive experience in oil and gas strategy advisory work from McKinsey and Rystad Energy. He has led a number of strategy projects for international oil and gas companies and oilfield service companies. He has also worked with governments and international organizations on topics related to the global energy agenda, and he is advising investors on deal screening, transactions and portfolio management. Jarand is, according to Financial Times "one of the most cited petroleum analysts in the industry" and has been the keynote speaker on numerous international conferences. His areas of expertise include E&P strategy, asset and company transactions, macro analysis and oil service industry analysis. Jarand has also worked for Kvaerner Engineering and as a research scientist within Industrial Economics, gaining wide expertise in statistics and programming. Jarand holds a M.Sc. degree in Physics from the Norwegian University of Science and Technology, where he majored with a thesis on astroseismology. He also has an academic background in philosophy, and has been the leader and founder of various organizations.

Lars Eirik Nicolaisen has been with Rystad Energy since 2008. His areas of experience include rig supply and demand analysis, well technologies and exploration performance analysis. Lars Eirik has been managing the development of RigCube. He has been key speaker at conferences on a variety of topics spanning from rig market analysis and investment forecasts for Norway to oil service opportunities in Northern Norway. Lars Eirik was also a member of the Rystad Energy winning team at the ONS’ “Young Professional Company Award“ in 2010. In addition, Lars Eirik has been a core member of the team behind the NCS Business Development Atlas.

Per Magnus Nysveen joined Rystad Energy from its founding in 2004 and is in charge of the analyst team. He has broad experience within upstream valuation, cost modelling and oil macro analyses. He has particular expertise in unconventional activities and is in charge of the North American Shale Analysis. Prior to joining Rystad Energy, Per Magnus had 15 years of international experience within technology, risk management and venture business, primarily from DNV GL and the CNES space center of France. He holds a M.Sc. degree from NTNU Trondheim and IFP Paris, and a MBA from INSEAD Fontainebleau.

Arne Gulbrandsen joined Rystad Energy in 2006 and has more than 25 years of experience from the oil and gas industry. Arne is a Senior Partner and responsible for the global sales and marketing activities within Rystad Energy through the company’s network of international sales and support offices. Prior to joining Rystad Energy Arne worked in oilfield services including companies Roxar and SPT Group, with extensive experience from reservoir modelling, subsurface software development, sales & marketing and management. Arne holds a M.Sc. degree in Engineering Geology from the Norwegian University of Science and Technology and an MBA from the Norwegian School of Economics and Business Administration.

Erik Wold is in charge of the technology development at Rystad Energy. He joined the company in 2006 and has played a key role in developing our proprietary databases and technology platforms. In addition, Erik has participated in and led a number of consulting projects, of which the majority have been technology related or modelling intensive. Examples are market forecasts for existing and new products and services, due diligence, market and aftermarket strategies, and entry strategies. Projects also include system deliveries based on Rystad Energy's proprietary technology platform. Erik has 20 years of experience from scientific and technological research and development in materials science, ICT, data analysis, and sensor development. With 10 years of experience at SINTEF as Senior Scientist and Research Director, Erik hast contributed to the development of new and industrially leading tools and products and has assisted client companies in developing and fulfilling their technology and product development strategies. Erik holds a M.Sc. and a Ph.D. in Physics from the Norwegian University of Science and Technology.

Erik Holm Reiso joined Rystad Energy as a consultant in 2007. Prior to this, he worked as a consultant with Arkwright and Accenture. Erik has led projects on exploration strategy, global M&A screening and field/company valuation for E&P companies as well as detailed market forecasting, acquisition candidate screening, and strategy development for oilfield service companies. He has also been deeply involved in the development of Rystad Energy’s global oil service database DCube. Erik is responsible for oil service strategy advisory services at Rystad Energy. Erik holds a M.Sc. in Industrial Economics and Technology Management from the Norwegian University of Science and Technology with specialization in finance and real option valuation.

Jan Byrkjeland is a Co-Founder of Rystad Energy from 2004. He is a Senior Partner and the Head of Consulting EMEA. Jan has made a major contribution to the development of the firm from a start-up to a renowned energy knowledge house with high-end management consulting services, proprietary databases and analytics. Jan has 25+ years of experience from the energy industry and has advised many international oilcos, oil services firms, technology companies, governments and investors. His areas of expertise include E&P valuations, infrastructure assessments, oilfield services and subsea markets. Jan has led a number of large due diligence projects for international clients. Prior to joining Rystad Energy, Jan worked as Investment Manager at Northzone Ventures. Earlier in his career, Jan worked as a R&D Manager at ABB. Jan holds a M.Sc. degree in Electrical Engineering from the Norwegian University of Science and Technology and a MBA from INSEAD in France.

Amar Dash joined Rystad Energy as CFO in September 2019.  Amar is a UK qualified chartered accountant and worked for KPMG in London, Frankfurt and Oslo for 12 years before becoming CFO of Norman Data Defense Systems ASA, an Oslo stock-exchange listed anti-virus software group, and then Scandpower Petroleum Technology AS, a private-equity owned group of companies developing and selling software solutions and consulting services to the petroleum industry.  For the last 12 years, Amar has worked as an independent consultant helping different companies improve and upgrade their group financial reporting processes and systems.  Amar has a Bachelor of Arts degree from Cambridge University, is a British citizen and has lived in Norway since 1994. 

Nils-Henrik is Partner & Product Portfolio Manager at Rystad Energy with overall responsibility for the management of Rystad Energy’s commercial products. He is also managing the exploration analysis team and is Product Manager for the ECube product. His field of experience includes strategic product management, BD, general management within software development, project management and software engineering. He holds an MSc in Applied Mathematics from NTNU, Norway, and an Executive MBA in Strategic Management from the Norwegian School of Economics (NHH).

Espen Erlingsen is a Partner and leader of the E&P team at Rystad Energy. His areas of expertise include company and acreage valuation, breakeven price analysis and international petroleum fiscal regimes. Before becoming a Partner, Mr. Erlingsen was the lead NCS analyst at Rystad Energy.

Audun M. Martinsen is Partner and Head of oilfield service research at Rystad Energy. He started in 2011, and is managing the oilfield service team as well as being the Product Manager for the three commercial oilfield service databases DCube, SCube and WellCube. His fields of expertise include the global offshore and onshore oil service market, E&P cost analysis and supply and demand studies. He holds a Master of Science in Marine Engineering from the Norwegian University of Science and Technology (NTNU) and University of Berkeley, California, and an Executive Master of Management Program within finance from BI.  He has broad experience within the E&P and oil service industry with previous engagements at Coriolis, Shell and BW Offshore where he has worked as a lead engineer, product developer, system consultant and analyst.

INTRODUCTION

Artem is a Partner and Head of Shale Research in Rystad Energy’s shale well data research team, that is responsible for empirical analysis of well production profiles, completion techniques and economic indicators. Artem is the product manager for the ShaleWellCube, Rystad Energy’s NAM Shale well database. He is a co-author of the ShaleReport and one of the key contributors to the NAM Shale section of the OMT Report. He holds an M.Sc. in Financial Economics from BI Norwegian Business School and a B.Sc. in Applied Mathematics with the Major in Statistics from the Novosibirsk State University, Russia.

1. How was your first day at Rystad Energy?

Fairly hectic, yet very exciting. I had a couple of general training sessions in the morning, but already after a lunch our Head of Analysis dropped by my desk to ask me: “What is the status of Texas well data? What is deliverable as of today?” Realizing that I had no chance to even understand the question completely, he further added: “Let us look at this a little bit together”, that defused the situation.

2. What is your main role at Rystad Energy?

Ensuring that we stay up to date on the latest NAM Shale news and trends, while our clients get the best out of Rystad Energy’s shale well database (ShaleWellCube, formerly NASWellCube).

3. What do you enjoy most at Rystad Energy?

Company is predisposed toward continuous development. This applies to both personal growth and implementation of new ideas and solutions. Conservative thinking is often very limited or does not exist at all.

4. Why should people work for Rystad Energy?

Rystad Energy provides great opportunities for people who are willing to create something new continuously. Though the company has grown significantly in recent years, a startup environment remains dominant. Everything you do directly impacts the direction in which the company is heading.

Matthew Watson is Head of EMEA and was recently promoted to Partner status at Rystad Energy. Matthew joined the company in 2012 and is responsible for the management and implementation of our international sales operations . Prior to this role, Matthew worked for Thomson Reuters as a Sales Specialist in the commodities markets focusing on the energy sector. Matthew holds a Bachelor of Commerce degree from the University of Johannesburg, South Africa.

Jon Fredrik joined Rystad Energy in 2010. Prior to joining the company, he worked as a consultant at Accenture. His area of expertise includes strategy and market assessments, macro analysis, transaction support and valuation for upstream E&P, oilfield services, financial institutions and governments. He is particularly knowledgeable within offshore-related activities such as subsea, field development, drilling and offshore vessels. Jon Fredrik is a reputed speaker at industry events globally on global macro and offshore-related topics. He holds an M.Sc. in Industrial Economics and Technology Management from NTNU, Norway and participated in a graduate exchange program at the Haskayne School of Business, University of Calgary.

Saad is an experienced professional who was previously working as a Senior Business Intelligence Developer at Rystad Energy. He also worked on several projects including a cost estimation system to facilitate bidding for construction contracts. Saad has experience in different programming technologies from VB6 to C#, from SQL Server to Analysis services, from Crystal reports to Reporting services, and holds a Master’s degree in Computer sciences from University of Punjab, Pakistan.

Simon Sjøthun is a Partner with Rystad Energy with experience from E&P and oil field service projects. He is a key member of the Rystad Energy NCS Solution team and has extensive knowledge about upstream activities on the Norwegian Continental Shelf. Simon has also worked with valuation support, transaction activities and gas infrastructure assessments. He graduated from NHH and EM Lyon, France.

INTRODUCTION

Bielenis Villanueva Triana is a VP – Head of the Client Analyst team, delivering daily interactions with clients to support their energy industry analysis through Rystad Energy’s products and services. She has over seven years of experience in forecasting production, reserves and economics of fields globally, particularly for shale fields. Bielenis holds a M.Sc. in Petroleum Engineering from the University of Oklahoma, USA, which included two years of experience in simulation of reservoir performance.

1. What do you enjoy most at Rystad Energy?

The work here is never boring. Not a single day passes by without energetic tasks or discussions. It is challenging yet exciting and there is always something new for me to learn.

2. What has your greatest achievement been at Rystad Energy?

My proudest achievements have been representing the company in events and presenting our comprehensive analyses on North American Shale and global assets in three continents.

3. What experience did you bring to Rystad Energy?

At the time of hiring, I was the only Petroleum Engineer in the company. I am happy that I was able to contribute my understanding of reservoir behavior to develop models and analyze production data.

4. Describe the culture at Rystad Energy.

It is a young, international, energetic, flexible and dynamic work environment. The company is still growing so things are constantly changing and it is exciting to be a part of it.

5. Why should people work for Rystad Energy?

Because there is exciting growth opportunity for Rystad Energy and you can play a role in expanding the company further.

Julia is Director of Marketing and joined the company in 2011. She is leading the marketing team and in charge of Rystad Energy’s marketing and communications strategy & activities. Julia holds a Master of Arts, Media from the University of Bremen & University of Oslo. She also holds a Bachelor of Commerce, Public Relations & Tourism Management from Curtin University of Technology in Perth, Australia.

Markus Nævestad’s expertise lies within oilfield services, including market strategy development, competitor analysis and company screening. Markus also has broad experience within E&P strategy analysis, including value creation analysis, competitor benchmarking, asset/company target screening and more. He has vast experience in working with private equity companies and oilfield service companies in strategic and commercial due diligence processes, both locally and globally. Markus is in charge of the team behind the Oil Service Report Norway. He holds a M.Sc. in Industrial Mathematics from NTNU, Norway, with specialization in statistics, including work experience on risk analysis aimed at the oil industry.

Håvar joined Rystad Energy in 2014 and is heading the New York office. He is a certified financial analyst and holds a Master in Finance and higher level financial degree from the Norwegian School of Economics (NSEBA/NHH). Håvar's areas of expertise include macro fundamentals, corporate finance, business development, valuation, due diligence, M&A and strategy consultancy. He has 11 years of experience from strategy consultancy and investment banking within the oil and gas industry. He previously worked as an investment banker at SpareBank1 Markets Corporate Finance, where he was an executive and project leader within the energy sector. He also worked at R.S. Platou Shipbrokers, PetroAdvisor and E&Y Advisory as a manager and senior consultant.

Jon Marsh Duesund has been with Rystad Energy since 2009 and has lead multiple projects assessing topics such as transaction due diligence, subsea markets, technology validation, oil and gas activity in arctic regions and more. He was also involved in the creation of the North American Shale Report and subsequent products which track the activity in unconventional oil and gas across United States and Canada. Jon holds a M.Sc. in Industrial Economics from the Norwegian University of Science and Technology, with specialization in operations research and process technology, including a graduate exchange program at UC Berkeley.

Jo Husebye has extensive experience in oil and gas strategy advisory. He has been with the company since 2011 and led a number of projects for international oil and gas companies, oil service companies, investors and organizations. His areas of expertise include energy macro and energy transition, global and regional gas markets, GHG emissions from the oil and gas industry, E&P strategy and oil service industry analysis. Jo has also worked as a research scientist for SINTEF Energy Research, focused on gas technologies and optimization of CO2 capture, transport and storage. He holds a M.Sc. in Industrial Economics and Technology Management from the Norwegian University of Science and Technology with specialization in finance and real option valuation.

Matthew Watson is Head of EMEA and was recently promoted to Partner status at Rystad Energy. Matthew joined the company in 2012 and is responsible for the management and implementation of our international sales operations . Prior to this role, Matthew worked for Thomson Reuters as a Sales Specialist in the commodities markets focusing on the energy sector. Matthew holds a Bachelor of Commerce degree from the University of Johannesburg, South Africa.

Nick Livingstone joined Rystad in 2017 and is responsible for the overall business across the Americas. Nick has 20 years of experience in the oil and gas sector working in London and Houston across product development, analyst, business development and leadership roles. Prior to joining Rystad, Nick spent 13 years with Wood Mackenzie where he was SVP, Sales & Marketing responsible for expanding the company’s regional presence and revenues. He has worked with oil companies, NOCs, financial institutions and utilities all over the world and is now based in Houston. He holds a Bachelor’s degree in Economics from the University of Nottingham.

Vijay joined Rystad Energy in January 2017 and is responsible for the overall business across Asia Pacific. He has close to 20 years of experience in the Energy & Petrochemical sector. He specializes in advising clients in a commercial capacity from small to large projects and has a keen eye and a great passion for opening new markets and revenue streams. Vijay started his career as a Pricing Analyst covering Energy and Petrochemical products in Asia. He then spent 5 years in Business Development for ICIS-LOR, successfully opening up new markets, developing new clients and products focused on the Indian Sub-Continent and the Middle East. Vijay has a BSc in Management Economics from the University of London and is a keen triathlete.

Deepti Koikara Lindal is responsible for new sales and account management. She started her career at Rystad Energy in 2012 by opening the New York office and building our brand and presence in the region. Prior to joining Rystad, she was responsible for new sales at Thomson Reuters, Point Carbon. Her expertise includes financial consulting, negotiations and relationship management. She holds an Executive Master in Energy Management from BI Norwegian Business School and Bachelors in Economics from Columbia University.

Simon Sjøthun is a Partner with Rystad Energy with experience from E&P and oil field service projects. He is a key member of the Rystad Energy NCS Solution team and has extensive knowledge about upstream activities on the Norwegian Continental Shelf. Simon has also worked with valuation support, transaction activities and gas infrastructure assessments. He graduated from NHH and EM Lyon, France.

Jeremy Anderson opened Rystad Energy’s Dubai office in February 2016 with a focus on developing company business throughout the Middle East and North Africa regions. Prior to Rystad Energy, Jeremy was with IHS where he focused on Economic and Country risk solutions with government and corporate clients. Prior to IHS he was with Wood Mackenzie where he focused on E&P solutions to NOC’s and IOC’s. He has a background in business management with a degree from Texas A&M university.

Anton Sungurov is Senior Vice President and Head of Moscow office and responsible for business development in Russia and FSU regions. With a background in petroleum geology, Anton previously worked at Roxar (now Emerson) and IHS. His areas of expertise include modeling and simulation, client training, project management, and business development. Anton holds a Master’s degree in Petroleum Geology from Moscow State University.

Tore joined Rystad Energy in 2015 to head up the new Stavanger office. Tore has more than 25 years of broad E&P experience in technical and managerial positions. Prior to joining Rystad Energy he worked as VP Commercial, BD & Strategy at Talisman Norway. He has also worked for BP and Statoil and smaller E&P’s in Norway and internationally, onshore and offshore, covering the life cycle of the field from exploration to mature producing fields. Over the last 15 years, Tore has worked within the areas of corporate strategy, commercial and business development including deal screening and transactions. Tore holds an M.Sc. degree in Petroleum Technology from the Norwegian University of Science and Technology. He has also additional education in Strategic Leadership & Scenario Learning from the Norwegian Business School BI.

Gero joined Rystad in November 2017 and is responsible for the overall business in Australia and our global renewable energy offerings. Gero brings over 20 years industry and community service experience, including directorship, senior management, consulting and advisory roles. He is Head of Rystad Australia and the co-founder of Sustainable Energy Research Analytics – A Rystad Energy Company, based in Sydney. Gero is a member of the Ecogeneration magazine editorial board, the Australian Institute of Company Directors and a mentor for EnergyLab, the Sydney based clean energy accelerator.

Gero started his career at Schlumberger, where he demonstrated the commercial value of geosteering technology in Venezuela and Nigeria, publishing a selection of papers on innovations for the optimisation of horizontal oil wells. He then spent 16 years at Wood Mackenzie, as Director of Wood Mackenzie Australia Pty Ltd and responsible for Americas and APAC Upstream research. In November 2017 Rystad Energy acquired Sustainable Energy Research Analytics (SERA) where Gero was Managing Director specialising in renewable energy research and advisory.

Gero graduated in Mechanical Engineering (MEng, ACGI) from Imperial College London and an MBA from Edinburgh University. 

Yosuke Uehara joined Rystad Energy in 2017 and is Vice President managing the office in Tokyo,
where he is responsible for Business Development in Japan. Before he came to Rystad Energy, Yosuke worked as a principal client solution advisor at IHS Markit Energy. He holds a Master’s degree of Earth and Planetary Science from the Tokyo Institute of Technology.

INTRODUCTION

Schreiner began working for Rystad in January of 2016 and is a VP Business Development with a focus in Latin America and U.S. firms. After graduating with honors from the University of Texas with a Bachelor’s Degree in Spanish and Portuguese, Schreiner spent a number of years working for a top U.K. based oil and gas research and consulting firm in their Rio de Janeiro office. Responsibilities included covering the national oil companies on the continent, traveling to their home countries and developing relationships with governments and smaller independent E&P firms in the region. In 2014 Schreiner left that firm to pursue a Master’s Degree in International Oil and Gas Management from the Institut de Hautes Etudes Internationales et du Développement in Geneva, Switzerland. Schreiner is a native Texan who grew up working on a family cattle ranch where he learned Spanish from a young age.

1. What do you enjoy most at Rystad Energy?

Extremely dynamic firm, full of young and energetic people who have a passion for the type of work they do. Rystad Energy is a great mix of a variety of people from different backgrounds, countries and experiences, as international as the oil business itself. Because of this the work environment is always interactive and collegial and everyone is in a position to teach and learn every day. Working for an international intelligence firm offers opportunity to become knowledgeable about all different aspects of the oil and gas industry.

2. What experience did you bring to Rystad Energy?

Having spent several years working in both the U.S. shale space and Latin America I feel like I bring a good mix regional and international experience in the oil and gas business. I’ve worked with all of the national oil companies in the region and have experience with the smaller shale focused E&P players as well. With my educational background and language capabilities I help grow our presence in emerging markets and I appreciate the ability to interact with diverse groups of people in that role.

Magnus joined Rystad Energy in March 2013 as a Management Consultant. In December 2016, he took the role as a Consulting Project Manager, leading consulting projects on a day-to-day basis. Magnus’ field of experience includes strategy and business development, market assessments, commercial due diligence and macro analysis. His main focus has been on global E&P activity, offshore oilfield service and maritime markets, and he is particularly knowledgeable within field development, seismic, drilling and offshore vessels. Magnus is now heading up the Ålesund office, which was opened in October 2018. Prior to joining Rystad Energy, Magnus was employed in Roxar Software Solutions. He holds an MSc degree in Physics from the University of Oslo and a Bachelor Degree in Leadership from Staffeldts University College.

Craig is a Vice President at Rystad Energy and he is heading our Aberdeen office. Prior to joining Rystad Energy Craig worked in strategy at Schlumberger and corporate market intelligence & strategy at Cameron International. He holds a BSc from the University of Texas SA and an MBA from Rice University.

Xinlei Joined Rystad Energy in 2020 as Country manager of the great China area, where he is responsible for business development and overall company operations in China.

Before he came to Rystad Energy, from 2015 to 2019, Xinlei spent 4 years with IHS as Account Manager and 1 year, 2014, in MCC group ( a Chinese state-owned enterprise ) as BD manager.

Xinlei also has a tremendous technical background, from 2002 to 2012, he worked 10 years in technical with Schlumberger and Polarcus for 8 years and 2 years respectively. During his 10 years technical career, He worked in U.S. Brazil, Norway, U.K., etc. total of more than 20 countries. He was once a department chief running his technical department on some of the world’s largest-ever seismic survey projects.

Xinlei obtained his full-time MBA degree from a joint program between Tsinghua University and MIT in 2014.