Terry Payne | Senior Managing Director | FTI Consulting
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Terry Payne

Terry D. Payne, P.E.

  • Senior Managing Director
  • Economic Consulting
  • T: +1 512 327 6930
  • F: +1 512 327 7069
Connect with Me:
    • 925 S Capital of Texas Highway
    • Building A, Suite 200
    • Austin, TX, 78746
    • United States
    • T: +1 512 327 6930
    • F: +1 512 327 7069

Terry Payne is a Senior Managing Director at FTI Platt Sparks and is based in Austin. Mr. Payne leads the Platt Sparks energy group in the Economic Consulting Segment, advising on complex petroleum engineering operations. He has more than 30 years of experience in the petroleum industry.

Mr. Payne advises on a wide range of aspects including: prudent operator issues, production engineering, detailed reservoir engineering studies, reservoir simulation studies, reserve estimates, secondary and tertiary recovery analyses, development studies, fair market value assessments, economic analyses and cash flow studies, lease evaluations, paying quantity determinations, various contract analyses and has provided extensive regulatory support. Mr. Payne is well recognized as an expert witness and has testified in numerous litigation matters, arbitral proceedings and regulatory matters both domestically and internationally.

Before joining FTI Consulting, Mr. Payne was the President of Platt, Sparks & Associates Consulting Petroleum Engineers, Inc. Prior to Platt, Sparks & Associates, Mr. Payne was employed by Chevron USA, Inc. in New Orleans. While with Chevron, he had both production engineering and reservoir engineering assignments in many offshore Gulf of Mexico and inland water fields. Prior to his employment with Chevron, Mr. Payne worked for Conoco, Inc. in their operations group in South Texas, where he was responsible for well production and injection operations, problem well analysis, remedial recommendations, and on-site supervision of well work.

Mr. Payne received a B.S. degree in petroleum engineering from The University of Texas at Austin in 1985 and is a Licensed Professional Engineer in the State of Texas. He is a member and former officer of the Society of Petroleum Engineer, a member of the Society of Petroleum Evaluation Engineers and a member of the Society of Petrophysicists and Well Log Analysts.

Professional Experience

  • 2014 – Present, Senior Managing Director, FTI Platt Sparks, Austin, TX
  • 1991 – 2014, Consulting Petroleum Engineer and President of Platt, Sparks & Associates Consulting Petroleum Engineers, Inc., Austin, TX
  • 1990 – 1991, Reservoir Engineer, Chevron USA, New Orleans, LA
  • 1986 – 1990, Production Engineer, Chevron USA, New Orleans, LA
  • 1985 – 1986, Lease Operator, Conoco, Inc., Carrizo Springs, TX
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