Steve Asbill - Vice President of Operations

Steve Asbill is Vice President of Operations for Silver Oak Energy. He brings over 23 years of diverse industry experience to the team.

Steve started his career as a Petroleum Engineer for British Petroleum in Houston, Texas. During his time in Houston he worked shallow gas plays, drilled deep wells in the Anadarko Basin, and designed and installed facilities and gas gathering systems. In 1990 he transferred to Abilene, Texas as the Area Field Engineer where he designed, budgeted and implemented a large waterflood in the Katz field. He supervised the drilling of 25 wells and the workover and recompletion of over 100 wells resulting in an increased production rate from 500 to over 10,000 bopd. Steve has extensive experience in drilling, reservoir and production operations.

In 1991, PG&E Resources bought the onshore production from BP. Steve transferred to Dallas, Texas and continued to oversee the Katz field while helping to develop the extensive offshore assets that had been acquired. During this time he was instrumental in a new sand control method for offshore completions, the design and implementation of a Polymer flood in the Katz field and the successful use of high lift PC pump applications. He co-authored a number of SPE papers on these topics.
  

In 1995, Steve joined KUDU industries as their Texas Manager responsible for three sales and service centers. This encompassed inventory control, cost reduction, budgeting, forecasting, profitability analysis and preparation of long term business plans. He was successful in the entry and penetration of the US market, increasing sales from $500,000 to over $4 million per year.
  

In 1998 Steve joined BP again and spent 3 years as Engineering Manager in Colombia responsible for Cusiana and Cupiagua field development. During his time there he was responsible for the management, review and training of 24 engineers while efficiently operating 7-10 work fronts every day. These work fronts included slickline, E-line, coiled tubing, acid stimulations, zonal isolation, surveillance, cleanouts, fishing and hydraulic fracture stimulations.

In 2001, Steve joined Kerr McGee as a Senior Staff Engineer where he continued to work in operations in Texas, Oklahoma, Louisiana, and Wyoming. Steve was responsible for the identification of new drills, completions, workovers, recompletions, artificial lift, compression, facility installation and field supervision.

In 2003, Steve joined Encore Acquisition Company as a Senior Staff Operations Engineer. Over the next several years he would become the Operations Manager for the Williston Basin. During this time Steve was responsible for 10,000 bopd and a 3 rig Bakken drilling program. Steve left Encore in 2010 after the company merged with Denbury Resources and is a founding member of Silver Oak Energy.

Born in Dumas, Texas and raised in Houston, Texas, Steve spent 4 years in Special Forces of the Marine Corps (Recon) and holds a Bachelor of Science degree in Petroleum from Oklahoma State University.