Diego Diaz Baldasso | Senior Partner & Board Member, Plata Energy
Date: May 20th, 2026
Plata Energy has launched its Advanced Energy Recovery & Reservoir Optimization Practice — a world-class technical platform designed to help operators unlock hidden value from mature, unconventional, conventional, and emerging energy assets through advanced recovery expertise. The practice combines deep industry experience, academic leadership, innovation, and strategic advisory capabilities to address one of the sector’s most consequential challenges: maximizing recovery and economic value in a capital-disciplined world.
The new practice brings together an exceptional team of globally recognized experts, including Dr. Larry W. Lake — member of the U.S. National Academy of Engineering, SPE/DOE IOR Pioneer Award recipient, University of Texas professor, and author of foundational EOR textbooks — alongside a team of leading PhDs with extensive experience across Chevron, Eni, Shell, Saudi Aramco, academia, and top-tier consulting. The result is a rare concentration of expertise spanning industry impact, academic excellence, patented technologies, and international operational advisory.
Beyond traditional EOR, the practice covers a broad spectrum of advanced recovery and optimization capabilities: CO₂, gas, thermal, chemical and shale recovery methods, unconventional and heavy-oil applications, integrated reservoir optimization, advanced analytics, and emerging geothermal and Enhanced Geothermal Systems (EGS) opportunities. From rapid executive assessments and fast-track screening to pilot planning, field implementation, and surveillance optimization, the offering is built to support clients across the full recovery value chain.
The message behind the launch is clear: advanced recovery is no longer about incremental barrels alone. It is about multiplying value — increasing recovery factors, extending asset life, improving economics, and creating differentiated opportunities across mature basins, unconventional plays, and geothermal developments throughout the Americas. For operators seeking technical excellence, disciplined value creation, and world-class advisory, Plata Energy’s Advanced Energy Recovery Practice is designed to deliver exactly that.
