The long-term results enjoyed by an E&P company are functions of the expertise of its people and the quality of its processes. Just as winning football games requires blocking and tackling skills, the expertise of people and the quality of processes are keys to the long-term success of an E&P company.
When combined, the DJ Simmons’ senior management team has over 100 years of collective experience in exploring for and producing oil and gas in the San Juan and Paradox basins of New Mexico and Colorado. The geology and production engineering staff are deeply experienced in the unique and challenging clastics and carbonates of these particular basins.
The team is well respected by its peers and deeply-connected in the industry through its membership in, and leadership of, a variety of regional industry trade associations.
Over the years, the company has acquired extensive expertise in coal-bed methane geological evaluation and production techniques.
Collegial collaboration is a hallmark of the company’s culture. Strategic decisions rely on the full investment and support of the entire team. By working together and levering each other’s expertise, DJ Simmons is a skilled team of dedicated and intelligent risk takers.
A team’s expertise reveals itself in the quality of a company’s processes, and DJ Simmons is committed to building and relying upon quality processes. In addition to its 2011 recognition as a Roadrunner award recipient through the Quality New Mexico organization, the company enjoys excellent relationships with its regulatory agencies, its local communities, owners and its many financial stakeholders. These quality relationships are a direct reflection of the company’s commitment to quality processes.
Underlying all processes is DJ Simmons’ strong commitment to a high standard of ethics and integrity in all aspects of its business.
Whether it’s acquiring mineral leases and surface rights to open new territory, obtaining the regulatory permits to drill a new well or rework an existing well, or safely operating 100 wells, quality processes and performance excellence discipline are hallmarks of DJ Simmons’ operations.
Identification of opportunities
The expertise of people and quality processes are foundational to the identification of new opportunities for E&P companies. Not surprisingly, DJ Simmons has enjoyed good success in the acquisition of existing properties at good prices.
Applying both expertise and quality processes, DJ Simmons has, in its two most recent major acquisitions, been able to both substantially reduce fixed operating costs and increase production. The application of additional geologic analysis and new production techniques make the difference. The company’s strategic growth plan relies heavily on the expertise of its team and the quality of its processes. Successes over the past several years point to a promising future.
At the end of the day, it’s all about execution. Individuals and companies can occasionally be “lucky,” but consistent and sustainable results truly only come from expertise, quality processes, and the identification and seizing of opportunities.
DJ Simmons knows how to execute on its game plan. The proof is in the pudding. The New Mexico Oil Conservation Department statistics show that the decline rate of DJ Simmons’ wells as a whole is significantly less than that of wells operated by others in the San Juan basin. This enviable record is directly attributable to the expertise of DJ Simmons’ staff and its emphasis on quality processes and performance excellence discipline.