Join us as Tracy Lenz presents an industry primer to oil & gas reserves. Reserves are estimates of how much oil and gas is remaining to be recovered by a company. Or better put, how much “inventory” (oil/gas) is in a company’s “warehouse” (reservoir) and ready to sell. Learn more about what reserves are, how they are calculated, what they affect, how value is derived from them, and the things to watch out for.
All backgrounds welcome, no prior knowledge required!
Tracy Lenz has been with the Jones Energy since September 2012 and served as their reserves engineer prior to being promoted to Asset Manager. Tracy Lenz holds a Bachelor’s of Science degree in Petroleum Engineering from University of Texas, a Master’s of Science in Petroleum Engineering from the University of Southern California, and is a Registered Professional Engineer in the State of Texas (License No. 132654). Prior to joining Jones Energy, she worked as a petroleum engineer for Chevron for five years in Midland, TX, and Lafayette, LA.
Tracy is a resident and native of Round Rock with her husband and her 3-year old daughter.