Randy McMullen has been appointed CEO of C&J Energy Services Ltd. following the death of founder Joshua Comstock (see Shale Daily, March 11). McMullen also will continue as CFO. The board plans to separate the roles of chairman and CEO, which Comstock had held, and announce a chairman “in due course.” McMullen joined the oilfield services company in August 2005 as CFO and became president in October 2012. Prior to joining C&J, McMullen held various positions with Arthur Andersen, Credit Suisse First Boston and Growth Capital Partners. He graduated magna cum laude from Texas A&M University with a degree in finance.
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Articles from Mcmullen
History, Sprawl, Legacy Wells Put Fracking Focus on Texas Town
The future of hydraulic fracturing (fracking) in the Barnett Shale town of Denton, TX, will likely be in voters’ hands this November. For one reluctant activist pushing to ban the well stimulation practice, the trip to the polls began years ago.
New Pipeline to Connect Eagle Ford Rich Gas to Processing
Dallas-based Southcross Energy Partners LP has begun construction of a 94-mile, 24-inch diameter pipeline in the rich gas area of the Eagle Ford Shale in South Texas. The Webb Pipeline is expected to have initial uncompressed capacity of 300 MMcf/d.
Eagle Ford Is Economic Engine, Foundation Report Says
The San Antonio, TX, metropolitan area has gained about 4,000 jobs from the Eagle Ford shale Play, and its upcoming major road improvements could tap up to $12 million annually from the oil/gas development, according to a report released Tuesday by the San Antonio Economic Development Foundation.
Southcross Acquires Tauber Pipelines in Eagle Ford Shale
Southcross Energy has acquired from Tauber Pipeline LLC about 58 miles of 6-, 8-, 10- and 12-inch diameter natural gas pipelines in San Patricio and Refugio counties in South Texas, the Dallas-based midstream company said Tuesday. Terms were not released.
Pioneer JV Signs With Enterprise in Eagle Ford
Units of Enterprise Products Partners LP have struck 10-year agreements to provide midstream services for liquids-rich gas and crude oil production from the Eagle Ford Shale in South Texas, the partnership said Monday.
Transportation Notes
Initial work was completed early this month on Transco’s McMullen Lateral in South Texas in conjunction with a state highway widening project (see Daily GPI, Sept. 19), but additional maintenance will be required Wednesday and Thursday. All flows upstream of Milepost 47.866 on the lateral will be shut in at that time, affecting about 35 MMcf/d. See the bulletin board for a list of affected points.