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This profile was last updated on 1/19/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Greg Vigil

Wrong Greg Vigil?

President

Local Address: Castle Rock, Colorado, United States
Savant Alaska LLC
 
Background

Employment History

Education

  • B.S. degree , petroleum engineering
    Colorado School of Mines
12 Total References
Web References
Mr. Gregory R. Vigil - Chairman ...
armadeiacademy.com, 25 Oct 2013 [cached]
Mr. Gregory R. Vigil - Chairman of the Board
...
Mr. Gregory R. Vigil has over 23 years of industry experience including positions with BP Alaska, Orbis Engineering Incorporated, Snyder Oil Company, MCNIC Oil & Gas Company, McMurry Oil Company, McMurry Energy Company and Prima Energy Corporation. He is the founder and manager of Castle Rock Resources. He has represented numerous companies in front of the Wyoming Oil & Gas Conservation Commission, the North Dakota Industrial Commission, and the Colorado Oil & Gas Commission. He was instrumental in the formation of Savant Alaska LLC while working for Savant Resources LLC as its COO. In early 2011, Mr. Vigil assumed the role of President of Savant Alaska. Mr. Vigil received his B.S. degree in petroleum engineering from the Colorado School of Mines in 1988 where he received the outstanding senior in petroleum engineering award. Mr. Vigil serves on the Board of Trustees of ACE Scholarships, a Colorado non-profit focused on low-income scholarships and school choice programs. He is married to Sandi and they live in Colorado with their four children.
Badami is currently producing about 1,500 ...
www.alaskajournal.com, 23 Oct 2011 [cached]
Badami is currently producing about 1,500 barrels per day, Savant Vice President Greg Vigil said recently in an interview.
Savant Resources
www.savantresources.com, 21 Sept 2012 [cached]
Gregory R. Vigil, Executive Vice President Alaska. Mr. Vigil has 22 years of industry experience including positions with BP Alaska, McMurry Oil Company, McMurry Energy Company and Prima Energy Corporation. Mr. Vigil specializes in reservoir engineering, estate valuation, expert witness testimony, business development, and transactional analysis/negotiations. He has been involved in over $1.2 billion of transactions involving farmouts, farmins, exploration prospects, joint ventures, acquisitions, prospect sales, corporate sales and gas gathering systems. Mr. Vigil received his B.S. degree in petroleum engineering from the Colorado School of Mines where he received the outstanding senior in petroleum engineering award.
But based on the success of ...
www.akbizmag.com, 3 Sept 2010 [cached]
But based on the success of an exploration well, B1-38, and a sidetrack well, B1-18A, Greg Vigil, executive vice president of Savant Alaska, said the company is optimistic.
A subsidiary of independent Denver-based Savant Resources, Savant Alaska, ASRC and BP have been working together to restart the Badami plant to resume some production and conduct flow testing.
"We're well on the way to beginning production in September," Vigil said.
The three companies announced a cooperative agreement in July 2008 to drill additional wells to bring Badami back to production, and possibly expand the field. The plan, they announced then, included several wells, including the two wells drilled to date. Savant has a 90 percent working interest in the wells and ASRC Exploration owns the other 10 percent.
Vigil said the venture's first exploratory well - B1-38, or Red Wolf - found enough oil to be completed for production. And the B1-18 sidetrack well looks very promising based on initial flow-backs, he said.
By drilling through the sands horizontally, Vigil said, each well could connect more of Badami's discontinuous sands.
"We wanted to apply different technology to Badami's sands," he said.
...
Vigil said he is optimistic horizontal drilling techniques will finally unlock Badami's stubborn sands. "We're excited to exploit a known accumulation with new technology," he said.
Red Wolf Next, Vigil said, Savant plans to drill more sidetrack wells and new wells. Sidetrack wells use a vertical section of an old well, cut out a section of the pipe casing and continue drilling horizontally. And the vertical pipe in the original well is sealed below the new horizontal shaft, he said.
"Horizontal technology allows us to drill many more wells in the field," Vigil said. "We're really excited about the opportunity in front of us at Badami."
Independents Partner in North Slope Market Savant came to Alaska in 2006 after acquiring leases in a North Slope sale. But it's far from the usual North Slope player. It's small - five to 10 North Slope employees at any time, Vigil said.
That's smaller than the kitchen staff at one of the giant camps Conoco-Phillips and BP operate on the North Slope. By comparison, Conoco-Phillips has about 1,200 employees working there.
"You're seeing more and more independents active on the North Slope," Vigil said.
In Savant's case, it liked both Badami's potential reserves and its existing infrastructure.
"The fact that there was already infrastructure in place was a huge competitive advantage for us," Vigil said.
...
Tax credits also played a role in Savant's decision to invest in Alaska, Vigil said.
...
"That was a big incentive for us to spend additional risk capital in the state," Vigil said.
...
But in accordance with Savant's agreement with BP, Vigil said, the Badami plant was scheduled to resume operations in September to produce four pre-existing and two new wells.
Vigil said the company used Doyon Drilling company rig No. 15 to finish the Red Wolf exploration well and the B1-18 sidetrack well. He said initial results from the wells are promising.
The Red Wolf well also is significant because it was drilled deeper and accesses a different geological formation than previous wells, Vigil said.
Badami is expected to produce 4,000 ...
www.alaskajournal.com, 25 June 2010 [cached]
Badami is expected to produce 4,000 barrels to 6,000 barrels a day from three or four wells previously drilled by BP and where Savant drilled sidetracks from the older well, said Greg Vigil, Savant's vice president for Alaska.
...
Vigil said Savant is redeveloping wells BP drilled with horizontal sidetracks with hopes of getting better results. The company also will produce from its new Red Wolf well, an exploration well drilled last year that was successful in one of the oil intervals tested, Vigil said.
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