Matheos Giakoumi

PhD student in Petroleum and Geosystems Engineering

I am a PhD student at the Hildebrand Department of Petroleum and Geosystems Engineering, The University of Texas at Austin, working under the supervision of Prof. Maša Prodanović. My research concerns digital rock physics, pore-scale simulation, and upscaling methodologies, with applications to carbon dioxide storage, enhanced recovery, and underground hydrogen storage.

Prior to joining UT Austin, I completed an MBA in Energy and Environmental Management and Economics (MEDEA) at Eni Corporate University, an MEng in Natural Gas Engineering at the University of Cyprus, and a BS in Mechanical Engineering and Materials Science and Engineering at Cyprus University of Technology. I have held research positions at Eni S.p.A.'s Well Operations department and at Fondazione Eni Enrico Mattei, and in Summer 2026 I will join Los Alamos National Laboratory as a Graduate Research Intern with the Earth and Environmental Sciences Division. I currently serve as President of the SPWLA UT Austin Student Chapter and as a TEX-E Fellow in the Texas Energy Entrepreneurship programme.

Honours and Awards

10
2026
Texas Venture Labs Competition, UT Austin
Team ARGUS advanced to the final round with a venture developing analytics tooling for managed-pressure drilling and won the Energy Innovator Award. An interactive financial and technical model is available on Streamlit.
2026 – Present
TEX-E Fellow
Texas Energy Entrepreneurship Programme
Selected fellow in the TEX-E programme at UT Austin, supporting student-led ventures in the energy and climate-tech space.
2025
46th International Association for Energy Economics · Paris, France
Engineering-informed economic model for predicting CO₂ market price in a CCUS infrastructure — Eastern Mediterranean case study.
2024
Society of Petrophysicists and Well Log Analysts, UT Austin Chapter
Engineering-informed economic model for CO₂ market price in UHS infrastructure.
2023
Luciano Novelli Award
MEDEA — Eni Scuola Mattei, University of Pavia
Best dissertation in the program: Smart Contracts in Well Operations.
2023
Honorary distinction — highest grade in the program
MEDEA (Managing Technical Assets)
2022 – 2023
MEDEA Full Scholarship
Eni S.p.A.
€39,000 — tuition, stipend, and living expenses.
2021 – 2023
MEng Full Scholarship
Ministry of Energy, Commerce and Industry — Cyprus
€14,500 — tuition and stipend.
2017 – 2021
BS Full Scholarship
Cyprus State Scholarship Foundation
€12,000 stipend.
2017 – 2021
Top undergraduate, all four years
Cyprus University of Technology · ExxonMobil Cyprus
Highest GPA in the department every academic year. €4,500.

Education

The University of Texas at Austin
Hildebrand Department of Petroleum & Geosystems Engineering, Cockrell School of Engineering
3.96 / 4.00
Notable coursework Transport Phenomena (A) · Advanced Petrophysics (A) · Numerical Methods in PGE (A) · Digital Rock Physics (A) · Advanced Fluid Flow in Porous Media (A) · Numerical Solutions of Time-Dependent Problems (A) · Engineering Analysis (A-) · Computational Nonlinear Continuum Mechanics I (A) · Computational Nonlinear Continuum Mechanics II (A) · Pore Scale Multiphase FLow Transport (Pending) (A) · Energy Ventures Practicum (Pending) (A)
University of Pavia · Eni Scuola Mattei
Eni's corporate graduate program
92.71 / 100 · Ranked 1st
  • Luciano Novelli Award — Awarded for the best dissertation in the program — ‘Smart Contracts in Well Operations.’
  • Honorary distinction — Highest grade in the program for Managing Technical Assets.
Thesis Smart Contracts in Well Operations — Group project with Eni’s Well Operations department exploring optimization of operating working capital in offshore drilling through Ethereum-based smart contracts. Deliverables included a live blockchain lottery demonstration showing the tech’s practicality in oil and gas.
Scholarship Fully funded by Eni S.p.A. — tuition, stipend, and living expenses (€39,000).
Notable coursework Quantitative Methods for Management (97) · Corporate Finance (100) · Strategic Management (99) · Field Development Strategy (100) · Energy Economics and Policy (95) · Energy Transition & Climate Change Economics (94)
University of Cyprus
Department of Civil and Environmental Engineering
9.57 / 10 · Ranked 1st
Thesis The Frigg Field Development Plan revisited
Scholarship Fully funded by the Hydrocarbons Service, Ministry of Energy, Commerce and Industry of Cyprus (€14,500).
Notable coursework Petroleum Geomechanics (10/10) · Reservoir Engineering (10/10) · Formation Evaluation (10/10) · Well and Subsea Completion and Production (10/10)
Cyprus University of Technology
Faculty of Engineering and Technology
8.975 / 10 · Ranked 1st
  • Top undergraduate, all four years — Honorary distinction for highest GPA in the department (2017–2021). Best dissertation in program. Awarded by ExxonMobil Cyprus and the Cyprus Ministry of Education (€4,500).
Thesis Reactive gas systems with simulated and non-limiting controlled equilibrium
Scholarship Fully funded by the Cyprus State Scholarship Foundation (€12,000).

Research Experience

9
Summer 2026 Upcoming

Graduate Research Intern (EES)

Fracture NetworksUpscalingNuclear Waste DisposalHPC
Upscaling strategies for fracture networks — Spent Fuel and Waste Science and Technology programme

Developing and comparing upscaling strategies for fracture networks using dfnWorks, PFLOTRAN, and LaGriT, in support of the U.S. Department of Energy's Spent Fuel and Waste Disposition programme on crystalline-rock geological disposal.

Aug 2024 – Present

Graduate Research Assistant

Digital Rock PhysicsLBMCCUSUHSPython
BayesFracX

Open-source pipeline for automatic identification and characterization of fractures in digital rock images. Developed a Dirichlet-Process Bayesian Gaussian Mixture Model (DP-BGMM) that detects and classifies fractures from μCT images. Processed fracture data exports directly to commercial DFN simulators (dfnWorks, CMG), enabling upscaling to reservoir-scale performance models. Case studies deployed using the Digital Porous Media portal. Planned for AGU25 with journal publication and software release.

Digital Twin of the Texas Power System for CCUS, UHS, and Geo-Methanation

Extending the award-winning CO₂-as-energy-commodity framework from the 46th IAEE to a digital twin of the Texas power system. Integrates market equilibrium, stakeholder coordination (emitters, O&G producers, policymakers), and reservoir capacity to forecast CO₂ selling price and investment potential. Being extended to underground hydrogen storage and geo-methanation for a unified multi-vector storage assessment.

Proppant Transport in Rough Fractures

Coupled finite element–discrete element (FEM–DEM) simulations on BayesFracX-identified fracture networks. Studies proppant placement efficiency, bridging risk, and fracture conductivity under realistic geometries. Completes the pipeline from μCT fracture identification to particle-scale simulation and DFN upscaling.

Beyond Circular Tubes in MICP Analysis

New pore-size-distribution model that replaces the standard circular capillary tube assumption in MICP with triangular and horn-shaped triangular geometries for a more realistic description of pore systems. Under preparation for journal submission; planned for SPWLA 2026.

Analytical Framework for Hydrogen Storage & Geo-Methanation

Mathematical model covering H₂ injection into depleted reservoirs, H₂+CO₂ co-injection for geo-methanation, and H₂ injection for enhanced gas recovery. Integrates material balance, multiple EoS, advection-driven gas mixing, water influx, and Gibbs-energy minimization. Published in Energy Conversion & Management (2025).

Sep 2023 – Sep 2024

Researcher — Technologies for the Energy Transition

Game TheoryPLEXOSEnergy EconomicsStochastic Modeling
Coupling Game Theory with Reservoir Models

Framework to evaluate coordination and utility of CCUS and UHS value-chain stakeholders. At the 45th IAEE, introduced the price of CO₂ as an energy commodity, moving beyond the carbon-tax framing. Demonstrated that a CCUS infrastructure in Cyprus’s Aphrodite Gas Field could generate positive NPV for emitters and O&G producers with limited government subsidy. Methodology now being implemented in the Ravenna CCS hub (Eni SpA) for emitters in Lombardy, Veneto, and Emilia Romagna.

Decarbonization of a Residential House in the EU

Designed insulation and PV system for a Net-Zero upgrade of a house in Limassol, Cyprus. Turned the groundwork into a novel stochastic cashflow model for project profitability. Now generalizing the model across the whole Cyprus market using behavioral-economics-informed input distributions.

Energy Transition Modeling in PLEXOS

Consultancy on modeling European electricity and gas markets in PLEXOS for CESI and the World Bank on the Black Sea Electricity Project. Built a Python .NET automation pipeline for end-to-end PLEXOS project execution from input to visualization.

Jan 2023 – Jun 2023

Intern — Well Operations Department

SolidityEthereumDrilling Operations
Smart Contracts in Well Operations

Assessed smart contracts for automating service-contractor interactions in offshore drilling. Translated physical interactions into Solidity contracts on Ethereum TestNets. Results contributed to confidential internal assessments of operating working capital (liabilities estimation, FX fees, bargaining power) and led to further company R&D in the area.

Jan 2023 – Jul 2024

Researcher — Geomechanics for Energy and Environment

CCSField DevelopmentMaterial BalanceMATLAB
Funded project — FLINUGEE
Fluid Injection in Unconsolidated formations for Geo Energy and Environmental Applications. (EXCELLENCE/0421/0456). Cyprus Research and Innovation Foundation. €200,000.
Mathematical & Computational Modelling of Geo-Energy Processes

Screening tool (material balance) for CO₂ injection with water influx in depleted gas reservoirs and piston-like EGR. Adaptable to dry and condensate reservoirs with stochastic petrophysical heterogeneity. Grid-independent, positions CO₂ as a marketable product. Now being extended to hydrogen storage with “pseudo-dispersion” and integrated with geomechanics simulators.

Field Development Strategies

MEng thesis work using Petrel and MATLAB to simulate the Norwegian section of the Frigg field. Contributions: CO₂ piston-like injection for EGR, a semi-stochastic algorithm for optimal double-section casing design (heuristic filter-and-sort), a kernel algorithm for spatial accident risk factoring distance and POIs, and stochastic project economics with uncertainty in production delays, gas prices, CAPEX and OPEX. Several strategies integrated into the UCY master’s curriculum.

Jul 2020 – Aug 2024

Researcher — Biomechanics and Living Systems Analysis

PBTKODE SystemsOptimization
Funded project — NITOXILICO
(POST-DOC/0916/0237). Cyprus Research and Innovation Foundation. €160,000. Contributor to USPTO patent Project page →
Predictive PBTK Models for Cardiovascular Devices

Compartmental PBTK model for Nickel leaching from cardiovascular devices. In-house animal experiments integrated into time-variant ODE systems, framed as a multi-objective optimization problem balancing physiological and device parameters. Addressed non-smoothness via global optimization and stochastic analysis. Three publications. Now extending to PDE-based modeling of the peri-implant environment. Platform “TOXILICO App” in development as a hard-tech spin-off.

Jul 2021 – Jul 2023

Undergraduate Researcher — Materials Thermodynamics Lab

ThermodynamicsTungsten Nanostructures
Thermodynamic Control of Reactive Spontaneous Systems

Fundamental work regulating equilibrium of chemical reactions by adjusting the rate of change of auxiliary functions. Control the rate of chemical work relative to invoked thermal and configurational entropy shifts via independent-variable tuning. Goal: synthesis of bulk amorphous tungsten nanostructures as templates for tungsten carbide and oxides.

Sep 2019 – Dec 2019

Undergraduate Researcher — Device Technology & Chemical Physics Lab

Thin FilmsOPV/OLEDUV-Vis
Characterization & Fabrication of Organic Nanomaterials

Studied dichroism in CBP (4,4′-Bis(N-carbazolyl)-1,1′-biphenyl) thin films following the processing-structure-properties-performance tetrahedron. Spin-coating with varied speeds and annealing; UV-Vis with polarizer for anisotropy. Separately fabricated OPVs and OLEDs using ITO/PEDOT:PSS and P3HT:PCBM via doctor blade, inkjet printing, and sputtering.

Jul 2018 – Aug 2018

Undergraduate Researcher — Nanostructured Materials Science

SupercapacitorsXRDSEM
Fabrication & Characterization of Supercapacitors

Fabricated home-made supercapacitors varying carbon grinding duration, salt concentration, and binder quantity. Electrode nanostructure examined by SEM. Parallel XRD work with RIR quantitative phase analysis using Match! Software.

Publications

14
Konstantinou, C., Giakoumi, M., Panagiotou, F. C.
Science of The Total Environment · Vol. 966 · February 2025
Giakoumi, M., Konstantinou, C., Ehlig-Economides, C., Papanastasiou, P.
Geomechanics for Energy and the Environment · December 2023
Giakoumi, M., Konstantinou, C., Papadimitriou, N., Panagiotou, F. C., Tsangarides, A., Iosif, G., Stasis, N., Finiris, S., Georgiou, V., Papanastasiou, P.
Gas Science and Engineering · Vol. 130, 205420 · October 2024
Giakoumi, M., Stephanou, P. S., Kapnisis, K., Anayiotos, A.
Regulatory Toxicology and Pharmacology · Vol. 144, 105489 · September 2023
Giakoumi, M., Stephanou, P. S., Kokkinidou, D., Papastefanou, C., Kapnisis, K., Anayiotos, A.
ACS Biomaterials Science & Engineering · 10 (4), 2534–2551 · 2024
Giakoumi, M., Stephanou, P. S., Kapnisis, K., Anayiotos, A.
Mathematical and Computational Applications · Vol. 29 · November 2024
Konstantinou, C., Giakoumi, M., Papanastasiou, P.
Process Safety and Environmental Protection · Vol. 206 · January 2026
Pontoni, F., Somenzi, E., Zanini, S., Risso, G., Giakoumi, M.
FEEM Policy Brief · 2025 · ISBN 9791280348333
Published
Konstantinou, C., Giakoumi, M., Papanastasiou, P.
Effects of formation hydraulic properties on green hydrogen storage potential in depleted gas reservoirs
Under review
Giakoumi, M., Chang, B., Prodanović, M.
Integrating Digital Rock Physics and Discrete Fracture Networks for Fracture Flow Upscaling
In preparation
Giakoumi, M., Yoon, H., Prodanović, M., DiCarlo, D.
Derivation of Pore Size Distribution from MICP Data Using Triangular and Horn-Triangular Capillary Bundle Models
In preparation
Giakoumi, M., Stephanou, P. S., Kapnisis, K., Anayiotos, A.
Predictive capability testing and sensitivity analysis of physiologically based toxicokinetic (PBTK) models for vascular implants
Under review

Conference Presentations

10
Giakoumi, M., Almajed, H., Chang, B., Prodanović, M.
AGU25 · New Orleans, LA · 15 – 19 December 2025
Konstantinou, C., Giakoumi, M., Papanastasiou, P.
International Geomechanics Conference · Kuala Lumpur, Malaysia · 18 – 20 October 2024
Konstantinou, C., Giakoumi, M., Papanastasiou, P., Olympios, A., Kourougianni, F., Arsalis, A., Georghiou, G.
SyNERGY MED 2024 — 3rd International Conference on Energy Transition in the Mediterranean Area · Limassol, Cyprus · 21 – 23 October 2024
Giakoumi, M., Konstantinou, C., Burdeau, P., Papanastasiou, P., Pontoni, P.
45th IAEE International Conference · Istanbul, Turkey · 25 – 28 June 2024
Giakoumi, M., Stephanou, P. S., Kapnisis, K., Anayiotos, A.
14th Panhellenic Scientific Conference of Chemical Engineering · Thessaloniki, Greece · 29 – 31 May 2024
Giakoumi, M., Zanini, S., Agathokleous, R., Pontoni, F.
12th IAERE Annual Conference · Pescara, Italy · 22 – 23 February 2024
Konstantinou, C., Papadimitriou, N., Giakoumi, M., Tsangarides, A., Iosif, G., Stasis, N., Finiris, S., Georgiou, V., Panagiotou, F. C., Papanastasiou, P.
4th EAGE Eastern Mediterranean Workshop · Athens, Greece · 4 – 6 December 2023
Konstantinou, C., Giakoumi, M., Tsangarides, A., Iosif, G., Stasis, N., Finiris, S., Georgiou, V., Panagiotou, F. C., Papadimitriou, N., Papanastasiou, P.
AAPG Europe Regional Conference · Larnaca, Cyprus · 23 – 24 May 2023

Teaching

Sep 2023 – Present

Instructor — Natural Gas in Energy Transition

NGE 502 Natural Gas Economics · Graduate
Five in-person lectures covering history of oil & gas prices, gas markets, development economics, stochastic project cashflow, and project screening and ranking. Course project: IOC economic analysis of a real gas field using public data.
NGE 501 Natural Gas Production in Energy Transition · Graduate
Introductory course on the field life cycle, petroleum and gas agreements and bidding, stochastic modelling, and volumetric estimations. Co-designed a stochastic volumetric estimation project with the Petroleum Geology course.
Dec 2023

Visiting Instructor — Environmental and Food Economics

Energy Economics · Graduate
Two lectures on the field life cycle and stochastic modelling for profitability assessment, modeled on the UCY curriculum.
Heat and Mass Transfer (MEM 323)
Control Systems (MEM 322)
Dynamic Systems (MEM 324)
Stress Analysis (MEM 414)
Industrial Methods (MEM 421)
HVAC (MEM 423)
Energy Resources (MEM 426)
Sep 2019 – Jun 2022

Mathematics Tutor

High School Students · Private

Prepared students for the national mathematics examination.

Skills and Contact

Technical

Python MATLAB & Simulink C++ Solidity Petrel OriginLab SolidWorks PLEXOS dfnWorks CMG Lattice Boltzmann Methods Bayesian Mixture Models Finite Element Methods

Languages

Greek — native English — professional Italian — intermediate

Interests

Basketball, full-stack development, Web3 and smart-contract development on Ethereum, and the geopolitics of energy.

Contact

Correspondence is best directed to matheos.giakoumis97@hotmail.com, or through the professional profiles listed in the sidebar.