Innovative Thinkers
Dr. S. M. (Sam) Avasthi, P.E. — “A Consultant’s Consultant” | World Oil Magazine, February 2015
Dr. S. M. (Sam) Avasthi, P.E., as featured in the “Innovative Thinkers” column of World Oil magazine, February 2015 (p. 31). Interview by Steven McGinn, News Editor, World Oil.
Read Dr. Avasthi's Full World Oil Interview (PDF) →
Dr. Sam Avasthi, a world-renowned energy industry consultant, has been called “A Consultant’s Consultant” by World Oil magazine. He was interviewed by the editors of World Oil after the 2014 oil price crash, about the state of the oil & gas industry at that time, in general, and about what the future held for the petroleum consulting business, in particular. That interview was published in the “Innovative Thinkers” column of the February 2015 issue of World Oil.
In His Own Words
“They don’t come to us for inflated results; we are brutally honest to the data provided. We give them realistic predictions.”
“The key to surviving and succeeding always has been those with lean and mean operations, and watching the bottom line. I look at down cycles as a great opportunity.”
A Pioneer in Third-Party Oil & Gas Consulting
Highlights from the interview:
• Recognized by World Oil as a pioneer in the oil & gas industry's third-party consultancy sector — sought by top-level operators and executives for an unbiased, independent look before major project investment decisions
• Began consulting in 1970 on a North Sea project to maximize liquid hydrocarbon recovery from a major gas-condensate discovery — the assignment that “hooked him on consulting” for good
• Consulted worldwide throughout the 1970s (Middle East, North Africa, Southeast Asia, and the North Sea), then across the major U.S. basins throughout the 1980s (Permian, Mid-Continent, Rocky Mountains, Gulf Coast, and California)
• A recognized leader in designing, evaluating, and optimizing CO₂ EOR and other EOR/IOR projects, since their earliest days in the Permian Basin
• Founded Avasthi & Associates, Inc. in 1990 to bring that same worldwide expertise to A&A's clients
What Dr. Sam Avasthi said in that interview — about the oil & gas industry, in general, and the petroleum consulting business, in particular — remains just as valid today.
Read Dr. Avasthi's Full World Oil Interview (PDF) →
