Petroleum Equities is a management consulting firm which specializes in the evaluation of projects involving the exploration and production of crude oil and natural gas.

E. Hunter Herron, PhD
President and CEO

As founder and president of Petroleum Equities Inc., Dr. Herron has provided expert testimony in oil and gas litigation, evaluated hundreds of producing wells throughout the United States, and assessed numerous petroleum ventures in both the U.S. and various countries in Africa, Asia, Europe, and South America. With over 35 years of diversified experience in the petroleum industry, Dr. Herron is an internationally recognized expert in unconventional petroleum resources.

Upon receiving his PhD in chemical engineering from Tulane University in 1964, Dr. Herron was employed by the Exxon Corporation for 15 years — initially, in a number of Exxon’s research laboratories and subsequently, in management positions in London and New York.

In 1978, Dr. Herron accepted the position of vice president for operations at H.J. Gruy & Associates and headed Gruy's Washington (D.C.) office until establishing Petroleum Equities in 1984.

Dr. Herron is a senior member of the Society of Petroleum Engineers and past chairman of SPE’s National Capital section. He is also a senior member of the American Institute of Chemical Engineers and a member of both the Council of Energy Advisors and Sigma Xi (The Scientific Research Society). From time to time he has also served as a technical editor for the SPE’s Journal of Petroleum Technology.


Corporate Headquarters
6013 Piney Grove Way
Gainesville, VA 20155-6671
phone: (703) 743-9877

Recent presentations by Dr. Herron:

Bitumen from
Canadian Oil Sands

Canada is destined to become the world’s new marginal supplier of crude oil. (Adobe Acrobat file – 1.1MB)
Tar Sands as a
U.S. Energy Resource

While only 1.2 trillion barrels of the world’s original reserves of conventional crude oil remain to be produced, heavy oil deposits are a largely untapped re-
source. (Adobe Acrobat file – 1.1MB)