Tachyus, a provider of data-driven production optimization software to the oil and gas industry, has appointed former vice president of customer success Fernando Gutierrez to CEO on Oct. 15.
In this strategic move, Tachyus is poised to continue its active cadence of developing technology in the space of machine learning. Gutierrez will oversee the implementation of Tachyus’ vision and mission while working closely with the leadership team to further establish strategies and solutions within the upstream space.
Gutierrez has been in the field of digital oil solutions for over two decades. He has a track record of developing and commercializing digital oilfield technologies aimed to integrate people, petro-technical workflows and innovative industry practices and to shorten the decision-making cycle in the reservoir management space. He has been involved in the development, implementation, commercialization of such technology while leading and managing 200-plus employees and business operations of $50-plus million in annual revenue.
In his new role as CEO, Gutierrez will lead the company through agile platform development cycles designed to meet the various needs of digital transformation phases in a post-pandemic world. Through his strategic leadership, Gutierrez also serves the Tachyus customer base with excellence, increasing its already successful track record of maximizing production while reducing opex/capex.
Gutierrez has been with the organization for three years and throughout his time he has been vital to the success of creating and establishing Tachyus as worldwide leader in advanced oil and gas software. Prior to joining Tachyus, Gutierrez was employed with Schlumberger for over 12 years. He holds an executive certificate from MIT where he learned to identify strategic approach that drives innovation throughout an organization. He holds a post-graduate degree in petroleum engineering with project management from Heriot-Wyatt University and an MSc in petroleum engineering and a post-graduate degree in international petroleum management and finance from Texas A&M University.
“It has been my privilege to work alongside Fernando for many years now; his dedication, progressive approach and industry knowledge will drive Tachyus to new success and growth,” Paul Orland, chairman and co-founder, said.
U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row for the first time since June 2018, and for a third consecutive month, even as oil majors cut spending due to the COVID-19 pandemic's impact on energy demand and prices.
Two Weld County wells in the Wattenberg Field completed by Occidental Petroleum plus results from a Wilcox discovery by Exxon Mobil in the Gulf of Mexico top this week’s drilling activity highlights from around the world.
Just 18 of 62 planned wells were completed.