2004

Wyoming has hired a new oil/natural gas supervisor, Grant Black, a 30-year geology veteran who will assume his new position May 1. The state has been without a permanent supervisor at the Wyoming Oil and Gas Conservation Commission (OGCC) since long-time incumbent Tom Doll resigned last year after a run-in with Gov. Matt Mead (see Shale Daily, June 18, 2012). Department veteran Bob King has filled in on an interim basis. Once the oil/gas supervisor in Arkansas (1999-2004), Black holds geology degrees from the University of Oklahoma and Oklahoma State University.

NW Natural promoted CFO David Anderson to executive vice president for operations and regulation. Anderson was a senior vice president/CFO with TXU Gas prior to joining NW Natural as its CFO in 2004. Also, Stephen Feltz was promoted to senior vice president and CFO, and C. Alex Miller was promoted to treasurer.

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

Craig Donohue, who has been CME Group’s CEO since 2004, will step down when his contract expires in December, the Chicago-based derivatives marketplace announced. The board has appointed current Executive Chairman Terrence Duffy to the expanded role of executive chairman and president, and current President Phupinder Gill to take over as CEO when Donohue’s contract expires. Additionally, the board extended Duffy’s and Gill’s contract agreements. “Donohue, Duffy and Gill, who have worked together in the office of the CEO for the last eight years, will work together over the next several months to effectuate an orderly leadership transition,” the board said. Duffy will continue to take a hands-on approach in government relations, corporate marketing and communications. Gill, who will report to Duffy, will be responsible for all other aspects of running the company. The current management team will remain in place, the board said.

Craig Donohue, who has been CME Group’s CEO since 2004, will step down when his contract expires in December, the Chicago-based derivatives marketplace announced Monday. The board has appointed current Executive Chairman Terrence Duffy to the expanded role of executive chairman and president, and current President Phupinder Gill to take over as CEO when Donohue’s contract expires. Additionally, the board extended Duffy’s and Gill’s contract agreements. “Donohue, Duffy and Gill, who have worked together in the office of the CEO for the last eight years, will work together over the next several months to effectuate an orderly leadership transition,” the board said. Duffy will continue to take a hands-on approach in government relations, corporate marketing and communications. Gill, who will report to Duffy, will be responsible for all other aspects of running the company. The current management team will remain in place, the board said.

Some sort of universal disclosure is needed throughout the oil and gas industry regarding hydraulic fracturing (fracking), Colorado Gov. John Hickenlooper recently told an energy conference.

First quarter domestic oil and natural gas drilling activity dropped to levels not seen since 2004, marking the end of six consecutive years of first quarter growth, the American Petroleum Institute (API) said in a report released last Wednesday.

First quarter domestic oil and natural gas drilling activity dropped to levels not seen since 2004, marking the end of six consecutive years of first quarter growth, the American Petroleum Institute (API) said in a report released Wednesday.

Source: Quarterly financial reports with the Securities and Exchange Commission, or if necessary, statements signed by company officials and provided to NGI.