Ted Lawrence

Ted Lawrence worked in the Canadian oil and gas industry for 40 years and served as a petroleum economist for most of that time until retiring. Ted performed and supervised a multitude of project economic evaluations for eastern Canada offshore oil development, central Canada petroleum refining and marketing, western Canada oil and gas, Alberta oil sands, the Canadian arctic, mid-western USA, the North Sea, North Africa and the Middle East. These economic evaluations included the appraisals of...See more

Ted Lawrence worked in the Canadian oil and gas industry for 40 years and served as a petroleum economist for most of that time until retiring. Ted performed and supervised a multitude of project economic evaluations for eastern Canada offshore oil development, central Canada petroleum refining and marketing, western Canada oil and gas, Alberta oil sands, the Canadian arctic, mid-western USA, the North Sea, North Africa and the Middle East. These economic evaluations included the appraisals of deep water oil and gas exploration prospects, the development of billion dollar offshore oil-platform projects, the determination of purchase prices for major assets and energy companies, the determination of pipeline tolls, the evaluation of time charter arrangements for marine oil tankers, the leasing of equipment, vehicles, commercial property and aircraft, the evaluation of liquefied natural gas (LNG) projects, optimization of refinery production costs and countless other applications. Ted instructed numerous in-house economic evaluation workshops in Canada as well as several internationally and authored economic evaluation guidelines and policies for internal corporate use. He was repeatedly asked to recommend a good economic evaluations book. Having not come across such a book, writing this book became his retirement project. Ted participated in many negotiating and lobbying sessions with energy companies, governments and business associations on behalf of his employer. Ted began his oil and gas career as a university student in the co-op program at the University of Waterloo. He obtained his Bachelor of Mathematics degree from the University of Waterloo in 1975 and earned his Master's in Business Administration degree in finance from the University of Calgary in 1981. Ted worked for three major integrated oil and gas companies during his career. See less