New-play developer EOG Resources President Lloyd W. "Billy" Helms Jr. plans to retire May 31 after joining the company via a predecessor in 1981.
A Texas Tech petroleum engineering graduate, Helms is among the pre-1986-oil-bust generation to begin a career in oil and gas before a blight on energy-studies enrollment that ended with new U.S. shale career opportunities at the turn of the century.
Before being named EOG president in 2021, while additionally serving as COO, Helms led the E&P division as executive vice president from 2013 to 2017.
Previously, he ran EOG’s Canadian operations from Calgary and held engineering and acquisition roles.
He will depart the EOG board with more than 230,000 EOG shares and options, according to an EOG proxy statement filed in March.
"Billy has been a champion of utilizing innovation to constantly improve the company throughout his more than 40-year career with EOG," said Ezra Yacob, chairman and CEO.
"He encourages employees to pursue innovative ideas and creative solutions that utilize in-field technology, information technology and new processes to drill better wells for lower cost, more safely and with lower emissions.
“We're incredibly grateful to Billy for his leadership and for his contributions to EOG's culture of continuous improvement. We wish Billy the best as he and his wife pursue the next phase of their lives."
Recommended Reading
Green Swan Seeks US Financing for Global Decarbonization Projects
2024-02-21 - Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy.
ConocoPhillips EVP of Strategy, Sustainability, Technology Macklon to Retire
2024-02-16 - Dominic Macklon, who began his career with Conoco in 1991, is set to retire ConocoPhillips May 1.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
Chord Energy Updates Executive Leadership Team
2024-03-07 - Chord Energy announced Michael Lou, Shannon Kinney and Richard Robuck have all been promoted to executive vice president, among other positions.
First Solar’s 14 GW of Operational Capacity to Support 30,000 Jobs by 2026
2024-02-26 - First Solar commissioned a study to analyze the economic impact of its vertically integrated solar manufacturing value chain.