We Welcome Jim Tague to PHDwin Week 2024
"Improving Performance Throughout the Oil & Gas Industry"
Performance Analytics Group
Offering highly specialized Consulting and Training services
Performance Analytics Group PHDwin Week 2024 - Featured Content
PHDwin Week is Starting in
Performance Analytics Group
Our Approach
Performance Analytics approaches every assignment using an integrated, multi-disciplined analytical framework. This includes an in-depth analysis of operational performance, reservoir performance, reserves quality, capital efficiency, financial positioning, and return on investment. When combined into a single performance study, clients can be assured that on a go-forward basis, all operational, engineering, and reserve assumptions are based on realistic financial assumptions and that all financial projections are grounded in realistic engineering assumptions. This integrated approach provides unique quantitative and qualitative insight into corporate and asset performance, potential acquisitions, corporate planning, financial forecasting, and other critical functions.
Performance Audits
Production Management/ Field Optimization
Comprehensive Acquisition & Divestiture Analysis
Turn-Around/ Restructuring Services
Executive Advisory Services
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Oil & Gas Performance Analysis
Operating Expenses, Cash Flow, Finding and Development Costs, Return on Capital Employed are but a few of the hundreds of measurements and metrics used to analyze performance in the oil and gas industry….
Upcoming Book
oil & gas reserves in nontechnical language
Unlock the secrets of oil and gas reserves with this essential guide! Whether you’re an investor, engineer, executive management, or energy finance professional, understanding how reserves are estimated and reported is crucial for making informed decisions. Starting with the basic principles of geology and petroleum, this book demystifies the complex world of reserves, showing you how they are calculated and reported. Learn to interpret reserve reports, validate their contents, avoid costly mistakes, and gain the confidence to navigate the energy sector’s challenges.
Available: November 2024
PennWell Books
Practical Training and Seminars for Petroleum Engineers, Geologists, and Energy Finance Professionals
In partnership with Midland College’s Petroleum Professional Development Center, two courses based on the published books “Oil & Gas Performance Analysis” and soon-to-be-published “Oil & Gas Reserves in Nontechnical Language” (PennWell Books).
The courses are:
- Oil & Gas Performance Metrics: Concepts & Applications (One-Day)
- Introduction to Oil & Gas Reserves (Two and a half days)
The courses will be taught twice, with one set geared towards Oil and Gas professionals and the second designed for Energy Finance professionals—a first for the Petroleum Professional Development Center.
Learn more about Jim Tague & Performance Analytics
Jim Tague is the Principal Consultant of the Performance Analytics Group, LLC. He has provided in-depth analysis and strategic advice to clients of all sizes, including notable names such as Hilcorp Energy and Harvest Midstream, as well as various start-ups. Before establishing his consulting practice, he served as the Senior Vice President of Corporate Planning and Development for E&B Natural Resources, Manager of Corporate Planning for Murphy Oil, and Senior Analyst for Chevron’s Chief Economist. He began his career as a Petroleum Engineer.
In these roles, Mr. Tague accumulated significant and diverse experience across all facets of the oil and gas industry, including business development, mergers and acquisitions, reserves accounting, capital budgeting, and performance analysis. He is the author of PennWell Book’s “Oil & Gas Performance Analysis,” the soon-to-be-released “Oil & Gas Reserves in Nontechnical Language,” numerous SPE papers, and multiple articles in technical journals.
In addition to his industry expertise, Mr. Tague served in the United States Navy as a carrier-based aviator, flying the E-2C Hawkeye. He remains actively involved in several veteran and community organizations, including TAPS – The Tragedy Assistance Program for Survivors, the Veterans of Foreign Wars (VFW), and the Disabled American Veterans (DAV). He is also an active volunteer with Texas High School Rodeo and, on the side, is a Farm & Ranch Real Estate Agent.
Mr. Tague holds a B.S. in Materials Science & Engineering (with Honors) from the University of Florida, an M.S. in Petroleum Engineering from the University of Texas, and an MBA from the University of Phoenix.
The Performance Analytics Group, LLC is a specialized consulting firm dedicated to improving performance throughout the oil & gas industry. Using a comprehensive analytical approach, Performance Analytics provides clients with clear unbiased insight into past, current and likely future performance. This insight allows our clients to optimize performance, enhance profitability and maximize value creation.
The Performance Analytics Group is comprised of highly experienced consultants with over 100 years of industry experience. Every consultant has a technical major and an MBA, as well as executive and managerial experience. All facets of oil and gas activities are represented – from operations, geological analysis, reserves valuation, business development, capital planning, and finance. This breadth and depth of expertise allows the Performance Analytics Group to conduct deep dive performance audits and other similar activities that are uniquely tailored to any activity or company in the oil & gas industry.
Performance Analytics Group, LLC | President | Principal Consultant
Aug 2016 – Present
Specialized consulting to improve performance in the oil & gas industry.
Provides analytical insights into past, current, and future performance to optimize performance, enhance profitability, and maximize value creation.
Instructor | Book Author
Mar 2019 – Present
Author of “Oil & Gas Performance Analysis” published by PennWell Publishing.
Instructor of short courses on analyzing oil & gas performance for industry and energy finance professionals.
Pat Experience
G2 Energy | Chief Operations Officer
Jul 2022 – Apr 2023
Gazelle Transportation, LLC | EVP and CFO
Aug 2015 – May 2016
E&B Natural Resources | SVP, Corporate Planning and Development
Apr 2008 – Aug 2015
Murphy Oil Corporation | Manager, Corporate Planning
2001 – 2008
Master of Business Administration (MBA). | University of Phoenix
M.S. in Petroleum Engineering | University of Texas
Bachelor of Science in Materials Science & Engineering | Book Author
Commited to Expertise
The Performance Analytics Group, is a specialized consulting firm dedicated to improving performance throughout the oil & gas industry. Using a comprehensive analytical approach, Performance Analytics provides clients with clear unbiased insight into past, current and likely future performance. This insight allows our clients to optimize performance, enhance profitability and maximize value creation.
Connect With Jim Tague
Thought Leadership for Executives & Engineers
Jim Tague’s book is written for a wide audience – basically anyone in the oil
industry that seeks to understand how, or relies upon, performance
analysis to make daily decisions. Those involved in the following will find
this book particularly useful:
Field Operators
Engineers & Geologists
Oil & Gas Management
Energy Finance Prfoessionals