CV
Education & Experience
Education
MBA, Energy & Sustainability Track (Finance, Operations)
Expected 5/2026
Tepper School of Business, Carnegie Mellon University — Pittsburgh, PA
- GPA: 4.11 (A+ scale) · GRE Quant: 168/170 · LPDP (Indonesia Endowment Fund for Education) Scholar
- Relevant coursework: Managerial & Global Economics, Optimization, Statistical Decision Making, Corporate Finance, Energy Finance, AI Methods for Data, Sustainable Finance, Probability & Statistics, Modern Data Management
- Teaching Assistant — Finance I (2025) and Managerial Economics (2026); Tutor — Probability & Statistics, Accounting, Operations (2025)
- Memberships: Graduate Finance Association, Adam Smith Society, Energy and Clean Tech
B.S., Petroleum Engineering
6/2012
Institut Teknologi Bandung (ITB) — Bandung, Indonesia
- Honors: SPE Student Paper Contest Finalist ("Optimization of Net Present Value Using Managed Water Loop Algorithm"); National Doctoral Forum Presenter
- Thesis published in the ITB Digital Library and presented at the SPE Forum, Beijing, 2012
- Memberships: Petroleum Engineers Student Association, Society of Petroleum Engineers
Research Experience
Optimizing Hydrogen Price Arbitrage: The Cost-Storage Trade-off at the Intermountain Power Project
2025
Carnegie Mellon University — Tepper School of Business
- Built an optimization model using hourly CAISO price data and a Hodrick-Prescott filter to analyze hydrogen production timing and storage requirements.
- Found that operating electrolyzers at 30% capacity minimized average input cost while maintaining feasible storage levels — an early finding that this research later developed further (see Research).
Levelized Cost of Storage (LCOS) Model for Zinc-Hybrid vs. LFP Batteries
2025
Carnegie Mellon University — Tepper School of Business · Capstone Project
- Validated technical and economic parameters (round-trip efficiency, depth of discharge, degradation, augmentation, OPEX) using industry and second-life data.
- Built a dynamic LCOS valuation model comparing zinc-bromide and lithium-ion (LFP) storage technologies, linking technical performance to financial outcomes for commercialization and investor-readiness analysis.
Gas Lift Conversion and Gas Flare Utilization Study
2021
Pertamina Hulu Energi OSES · Internal study
- Conducted a technical-economic assessment of converting electrical submersible pumps to gas lift and reusing flare gas, weighing energy consumption against emission reduction to support operational decision-making.
Iron Removal Agent for Polymer Flooding (Widuri Field)
2015
CNOOC SES Ltd. & Starborn Chemical Company
- Evaluated chemical treatments to maintain polymer viscosity during enhanced oil recovery, identifying an effective additive combination (150 ppm S-9119, 100 ppm S-9363) to stabilize viscosity and reduce water cut.
- Published case study — Indonesian Petroleum Association
Optimization of Net Present Value Using Managed Water Loop Algorithm
2012
Institut Teknologi Bandung
- Created simulation-based algorithms to manage downhole water flow and improve oil recovery efficiency, evaluating economic impact via NPV comparison between conventional and downhole water loop wells.
- Finalist, SPE Student Paper Contest; presented at the National Doctoral Forum, Beijing.
Professional Experience
Artificial Lift Senior Supervisor — Production Optimization Engineer
9/2018 – 7/2024
Pertamina Hulu Energi OSES — Jakarta, Indonesia
- Performed DCF, NPV, and IRR investment analyses for multi-million-dollar well programs, including a $30 million development-drilling campaign.
- Led a cross-disciplinary Artificial-Lift Conversion Study (ESP to Gas Lift with Flare Reuse), identifying $15 million in potential savings from improved efficiency and energy-use optimization.
- Applied data analytics and statistical monitoring (SCADA, Oracle, PowerBI) across a 165-well, $85 million annual-budget portfolio to reduce downtime.
- Coordinated multi-disciplinary teams (3 operator groups, 12 staff) for field-wide operations and maintenance programs, and served on a $1.5 million Exploration Well Artificial-Lift Contract Team.
- Mentored junior engineers and student trainees on production analysis and cost modeling.
Production / Petroleum Engineer
10/2012 – 9/2018
CNOOC SES Ltd. — Jakarta, Indonesia
- Served as acting Petroleum Engineer Specialist within the Management Development Program, contributing to long-term planning and project valuation.
- Monitored 300 wells across 19 offshore platforms ($115 million operations) using SCADA and PowerBI dashboards to inform budget allocation and production targets.
- Managed well-work programs valued at $0.5–2 million and led a $9 million pilot Enhanced Oil Recovery (EOR) project combining simulation and field testing.
- Analyzed a 90 MW field power system to identify maintenance and fuel-cost reduction opportunities through process-efficiency modeling.
Skills & Certifications
- Quantitative & Economic Analysis
- Cost–benefit analysis, NPV/DCF/IRR modeling, optimization, regression & sensitivity analysis, policy evaluation methods
- Data & Computing
- Python (NumPy, pandas, matplotlib), PowerBI, Microsoft Excel (advanced financial modeling), SQL
- Energy & Sustainability Systems
- Energy transition economics, hydrogen and storage modeling, LCOS and LCOH evaluation, electricity-market modeling, project finance
- Certifications
- Financial Statement, DCF & LBO Modeling — Wall Street Prep · Microeconomics: The Power of Markets & When Markets Fail — University of Pennsylvania · Mathematics for Machine Learning — Imperial College London · Data Analytics & Visualization — Google · Human Resource Management and Leadership — Macquarie University
Contact
- Email mochamadluthfan@gmail.com
- LinkedIn linkedin.com/in/mochamad-luthfan
- ORCID 0009-0005-0593-3939
- Location Jakarta, Indonesia