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Expert Petroleum Ukraine LLC

Michel Louboutin

CEO

Expert Petroleum (XP) is an international upstream oil and gas operating company with a strong track-record in production enhancement and operations decarbonization, managing 28 mature oil and gas fields (600+ producing wells) in Romania and Ukraine in partnership with OMV Petrom and Naftogaz/Ukrgasvydobuvannia under production enhancement contracts (PEC). XP invests in mature fields’ development, using fit-for-purpose technologies to boost their production and reserves, increase operational efficiency, and reduce environmental footprint - decreasing the fields’ fresh water withdrawal, methane emissions, energy intensity - in order to make them more sustainable.

The company was founded in 2005 by two Schlumberger managers, Michel Louboutin and David Martinon. XP has 1,000+ employees worldwide and operates 11,000 barrels production of oil equivalent per day.

XP is a signatory of the worldwide Aiming for Zero Methane Emissions Initiative, aiming to achieve near zero methane emissions from operated oil and gas assets by 2030.

We are an effective, transparent, and reliable partner for assets holders, striving for the highest standards of excellence for our employees, our shareholders and for the communities living in the area of our operations.

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