Dr. Peng Wang
President and Chief Technical Officer

Peng Wang joined DeGolyer and MacNaughton in July 2000, bringing a strong professional background in gas and chemical EOR processes, reservoir studies, management, and development, and CO₂ sequestration in oil/gas reservoirs (CCUS) and saline aquifers (CCS). He carries extensive experience in oil and gas reserves evaluation and reservoir simulation with an emphasis on waterflood, miscible gas (including CO₂ and water-alternating-gas (WAG) processes), chemical EOR, and gas-condensate reservoirs.

Wang earned a bachelor’s degree in chemical engineering from Tsinghua University in Beijing in 1984, a master’s degree in petroleum engineering from the University of Petroleum in Beijing in 1987, and a doctorate degree in chemical engineering from the Technical University of Denmark in 1993. Wang is a member of the Society of Petroleum Engineers and serves as technical editor for the journal SPE Reservoir Evaluation & Engineering. At D&M, he was named Senior Vice President in 2012, Executive Vice President in 2022, and President in 2024.

Geographical Experience

• Algeria
• Australia
• China
• Ghana
• Gulf of Mexico
• India
• Indonesia
• Kazakhstan
• Kuwait
• Libya
• Mozambique
• North Sea
• Peru
• Russia
• Saudi Arabia
• United Arab Emirates
• United States

Topical Areas of Expertise

• Integrated reservoir studies including naturally fractured reservoirs
• EOR processes such as miscible gas, WAG, and chemical EOR
• Gas cycling of gas-condensate reservoirs
• CO₂ storage in oil and gas reservoirs (CCUS) and saline aquifers (CCS)
• Waterflood performance evaluation and pattern configuration
• Reservoir simulations and phase behavior of petroleum fluids
• Reserves estimations following SEC and PRMS guidelines

Major Projects

Wang manages many field study projects, including waterflood performance evaluation and improvement, miscible WAG, CO₂ flood, chemical EOR, and CCS/CCUS. He works on the design of field WAG pilots, chemical EOR pilots, and partial- and full-field simulations of miscible or near-miscible WAG, chemical EOR, and CCS/CCUS projects. He also performs simulation studies on gas-condensate and gas flooding in oil reservoirs with surface pipeline networks.

Wang has conducted simulation studies for gas-condensate reservoirs with gas cycling and oil reservoirs with gas injection using integrated asset models that couple reservoir simulation models with surface pipeline networks, including chokes. The integrated asset modeling helps identify production bottlenecks along the entire production chain, from the reservoir to the surface manifold or gas plant.