Bone Energy LLC - A Professional Oil & Gas Consulting Firm


Bone Energy LLC is an oil and gas consulting firm that specializes in applying our industry expertise in field applications layered on top of our petroleum engineering background. We analyze wells from the bottom up starting with a reservoir approach, but we also look at the top down on the field expense side.

We marry over two decades of petroleum engineering analysis of both reservoir and production to see how things can be improved when analyzing a wellbore whether it be for recompletion, production optimization, or acquisition and divestiture. We look at real world costs associated with projects to determine the best return on investment.

Our experience has shown that there is a big gap between managing assets from the office that doesn't touch on the finer details of wells. Without proper field experience with personnel these details can be overlooked and lead to lost opportunities or unnecessary cost overruns. At Bone Energy LLC we bridge that knowledge gap to identify performance potential and align well expenses.



Reservoir Engineering

  • Reservoir simulation

  • Well(s) Decline Curve Analysis

  • Project Economic Evaluation

  • Volumetric Depletion Studies

  • Well Log Analysis

  • Optimized Well Spacing

Production Engineering

  • Enhancement of gas lift, ESP, plunger lift, sucker rod systems, and compressor systems

  • Improve flow regimes with nodal analysis

  • Mitigation and handling of corrosion and chemical expenses

  • Find, design, and implement recompletion opportunities on legacy wells

Facilities Engineering

  • Vapor Recovery estimates and project economics

  • Natural Gas Liquid processing and gas conditioning design

  • Facility design and best practices

  • Optimization of existing facilities

Customer Brand Promotion

  • Promote customer assets and technology through technical paper publications

  • Prepare and present on customer applications to trade associations such as SPE, API, etc.


Mr. Paul Munding leads Bone Energy LLC, and his background covers many different facets. Paul started working in 1999 with Marathon Oil in the Yates field of Iraan, TX field that set world records. He has had many field jobs from working on frac and cementing crews with Schlumberger in SE Oklahoma to compressors and pumping units with Anadarko in the Hugoton Basin. His knowledge on reservoir simulation was earned while working on offshore fields with BP out of Houston. Paul has worked reservoir on wells from New Mexico, Texas, Kansas, Oklahoma, and Arkansas.

While at Chesapeake Paul worked in the Southern Oklahoma oil and gas fields as a field supervisor. He then did production and completions for Chesapeake Energy in NW Oklahoma and the Fayetteville shale. He has done many company leading projects such as drainage and interference studies on horizontal well plays and vertical gas in the Haley region of west Texas. Paul led RKI’s production engineering team in the Delaware basin while they doubled their net production and reduced daily downtime. Paul last worked at Flogistix, a production service company where he helped develop two market leading initiatives on SMART gas lift and vapor recovery.

Paul attended college on academic scholarship from the University of Oklahoma and the American Petroleum Institute (API) and graduated with distinction with a degree in Petroleum Engineering in 2003. With his practical experience he likes to say he got an undergrad working for an operator and a master’s working for a service company.

Dr. Hamid Karami is an assistant professor at Mewbourne School of Petroleum and Geological Engineering of the University of Oklahoma, where he started in 2017. He received his BSc degree (2009) from Sharif University of Technology, and MSc (2011) and PhD (2015) degrees from the University of Tulsa, all in Petroleum Engineering. He worked as a research associate at Tulsa University Fluid Flow Projects (TUFFP), and Tulsa University Horizontal Well Artificial Lift Projects (TUHWALP), before joining OU. At OU, Dr. Karami has led several projects funded by ACS, QNRF, or sponsored by industrial entities, applying his knowledge of multiphase fluid dynamics and artificial lift. Since 2022, he has also worked as a part-time flow assurance consultant for Wood Group. His main teaching and research expertise areas are production engineering, multiphase flow, flow assurance, and artificial lift.

Dr. Karami is the author and co-author of 60 publications in peer-reviewed journals, conference proceedings, or book chapters. He currently has 502 citations and a Google Scholar h-index of 12. A full list of publications is available here.


Mr. Paul Munding's:

  • (Mar 2022) Savvy Operators Bring Mature Barnett Wells Back to Industry Forefront - (American Oil and Gas Reporter)

  • (Oct 2020) Intelligent Gas Lift Compressor Adjust Injection With Dynamic Conditions - (Society of Petroleum Engineers)

  • (Oct 2022) Smart gas lift unlocks value in shared well-pad comparison - (Oil and Gas Journal)

  • (Sep 2018) Improving ESP Production Through Compression - (Society of Petroleum Engineers)

Dr. Hamid Karami's (Selected):

  • (May 2023) Design and Evaluation of a Virtual Flowmeter for Multiphase Flow in Production Lines - (Society of Petroleum Engineers)

  • (Apr 2023) Application of Machine Learning to Evaluate the Performances of Various Downhole Centrifugal Separator Types in Oil and Gas Production Systems - (Society of Petroleum Engineers)

  • (Mar 2023) Effect of Fluid Viscosity and Fiber Length on the Performance of Fibrous Fluid in Horizontal Well Cleanout - (Society of Petroleum Engineers)

  • (Nov 2022) A Data-Based Reliability Analysis of ESP Failures in Oil Production Wells - (Journal of Petroleum Technology)

  • (May 2017) Modeling Study of Three-Phase Low Liquid Loading Flow in Near-Horizontal Pipes - (International Journal of Multiphase Flow)

  • (Sep 2015) Experimental Investigation of Three-Phase Low Liquid Loading Flow - (Society of Petroleum Engineers)

  • (Jan 2017) Effects of monoethylene glycol (MEG) on three-phase flow characteristics in near-horizontal pipes - (Journal of Petroleum Science and Engineering)

  • (July 2014) Wave characteristics in gas–oil two phase flow and large pipe diameter - (International Journal of Multiphase Flow)

  • (Mar 2022) Experimental analysis of centrifugal downhole separators in boosting artificial lift performance - (Journal of Natural Gas Science and Engineering)

  • (Jan 2022) A comparative study on the performance of multiphase flow models against offshore field production data - (Journal of Petroleum Science and Engineering)

  • (Mar 2020) Hole cleaning and drilling fluid sweeps in horizontal and deviated wells: Comprehensive review - (Journal of Petroleum Science and Engineering)

  • (Jul 2020) Transformation of academic teaching and research: Development of a highly automated experimental sucker rod pumping unit - (Journal of Petroleum Science and Engineering)

  • (Apr 2021) CFD modeling of particle settling in drilling fluids: Impact of fluid rheology and particle characteristics - (Journal of Petroleum Science and Engineering)

  • (Jun 2018) Analogous behavior of pseudo-slug and churn flows in high viscosity liquid system and upward inclined pipes - (International Journal of Multiphase Flow)

  • (Aug 2022) Liquid Loading in Natural Gas Vertical Wells: A Review and Experimental Study - (Society of Petroleum Engineers)

  • (Jul 2019) Leak Detection in Wet Natural Gas Transportation within Hilly Terrain Pipelines - (SPE/AAPG/SEG Unconventional Resources Technology Conference)

  • (Jun 2018) Multiphase Optimization of Gas Kick Transient Characteristics in Drilling Applications - (11th North American Conference on Multiphase Technology)

  • (Aug 2018) Efficacy of Surfactants in Rich Gas Shale Wells - (Society of Petroleum Engineers)