ChevronTexaco has appointed Randy Curry as the president of ChevronTexaco Natural Gas, the company’s new wholesale natural gas marketing unit. Curry will report to Ray Wilcox, vice president of ChevronTexaco Corp. and president of ChevronTexaco North America Exploration and Production. “As ChevronTexaco re-enters this sector, our large equity supply base puts us in position to be a strong player in the North American market,” Wilcox said. Curry, 45, joined Texaco in 1988, and has held a variety of positions in the industry, including vice president of marketing at Texaco Natural Gas Inc. Most recently, Curry was president of Bridgeline Holdings LP, a ChevronTexaco joint venture natural gas pipeline and marketing company. El Paso Corp. announced two changes to its executive management group effective Feb. 1. Clark C. Smith, formerly president of Global Power, will become president of Trading, responsible for overseeing the implementation of El Paso’s announced plan to exit the trading business. The key component of that plan, announced Nov. 8, is the orderly liquidation of the company’s trading portfolio. Robert W. Baker, formerly senior vice president and deputy general counsel, will be promoted to president of Global Power, replacing Smith in that position. Baker will oversee the company’s domestic and international power generation activities. Both Smith and Baker will report to H. Brent Austin, president and COO of El Paso.
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Burlington Resources Inc. announced Thursday the appointment of Randy L. Limbacher as executive vice president and COO and Steven J. Shapiro as executive vice president in addition to his role as CFO. Both previously served as senior vice presidents. The company said the promotions are effective immediately. Limbacher, who was responsible for all production and exploitation assets and operations, now assumes responsibility for exploration, as well as for day-to-day company operations. He joined Burlington in 1985. Shapiro continues key responsibility for the company’s strategy development, execution and financial performance. Shapiro joined Burlington Resources in 2000. Houston-based Burlington Resources is one of the world’s largest independent oil and gas companies, with natural gas comprising the vast majority of its reserves.
Signs Point to Higher Gas Prices, Producer Says
Four factors will continue to tighten the future domestic gassupply picture, Randy Mundt, executive vice president of marketingfor producer Burlington Resources, said Tuesday at Ziff EnergyGroups’ New Gas Dynamics 2000+ conference in Houston. The twobiggest factors are producers’ difficulty in replacing productionand accelerated decline rates in the Gulf of Mexico. Also, Mundtsaid, Canadian imports are not an immediate threat to domesticproducers, and the current supply-demand scenario is roughly inbalance.
