Nathan Shull

Nathan is a director in KPMG’s oil and gas practice, based in Houston, TX. He focuses on integrated planning and portfolio optimization, performance improvement, and operations strategy. Nathan has led multiple projects which enable organizations to optimize portfolio performance by improving investment decision making, better aligning investments with corporate strategy and improving portfolio return and resilience.

Prior to joining KPMG, Nathan worked 14 years in the oil and gas industry managing and delivering subsea engineering projects. He also spent time in the entrepreneurial space as a founder of an investment advisory firm which conducted market entry research, identified investment opportunities, and developed market entry strategies for regional development corporations.

Engagement experience

• Recently led an upstream portfolio economics modelling project at a large IOC with a focus on providing rapid modelling and scenario analysis of upstream portfolios to enable effective capital allocation decisions.  Project included the design and implementation of integrated planning processes, economic modelling of upstream assets and portfolios, and the implementation of a software system which centralized and streamlined economic planning and analysis at the enterprise level.
• Led project at a large IOC to optimize maintenance spend by leveraging data science to correlate specific maintenance activities with equipment reliability and production volumes. Developed KPMG Connected Maintenance service offering, which leverages methodologies and analytical tools to optimize maintenance, allocating spend to the highest value work and eliminating low impact spend.
• Developed portfolio and project management system for the corporate engineering function of a mid-sized E&P company–designed and developed project vetting/governance processes, prioritization process and tools for portfolio optimization and resource forecasting / allocation
• Developed a strategy to implement sustainable business performance improvement in a declining oilfield operated by an Oil and Gas Supermajor, as part of a joint KPMG/client team
• Performed ‘Private Equity’ lens study for large integrated oil and gas client focusing on cost opportunities across a business unit, in areas of production optimization, maintenance management, human capital management, and operating model strategy. Identified cost savings and production optimization opportunities in excess of $100 million