People: Vermilion Energy Inc (VET.TO)
11 Oct 2019
Mr. Gerard Schut, P.Eng. is Vice President - European Operations of Vermilion Energy Inc. Mr. Schut Brings 30 years of international experience in the oil and gas industry including strong HSE, subsurface, operations, asset development, acquisitions and divestitures experience. In his most recent position prior to joining Vermilion, he was General Manager of Chevron's E&P business in The Netherlands, responsible for business development and production activities offshore. He successfully increased gross production from 5,000 BOE/d in 2005 to 25,000 BOE/d in 2011 and led the acquisition and development of industry firsts in shallow gas development in the North Sea. During his 10 year tenure with Unocal in Thailand, Gerard successfully introduced slimhole drilling with monobore completions, reducing capital cost and improving recovery efficiency. As Asset Manager he initiated the fast-track appraisal and development of the Plamuk, Surat and Yala oil reservoirs in the predominantly gas-rich area around Platong, resulting in oil production rates reaching over 50,000 boe/d and booked reserves exceeding 200 MMboe's. He holds MSc degree in Petroleum Engineering from Delft University (1986) and an MBA from Henley, The Management College, Brunel University (1996).
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