DALLAS, June 16, 2020 /PRNewswire/ — Over the years, resilience and innovation have helped the energy industry in Texas emerge from disruptive market cycles with renewed strength. D CEO’s third annual Oil & Gas Awards will honor leaders who continue to make notable contributions, even in turbulent times.
The awards are presented in partnership with research institutes and professional associations across the region. “The energy industry is particularly emblematic of the can-do spirit that has made Dallas-Fort Worth one of the powerful economic engines in the country,” said Christine Perez, editor of D CEO Magazine. “We’re proud to continue to tell its story, in collaboration with our esteemed partner organizations.”
Willie Hornberger, partner at Jackson Walker, helped spearhead the program for D CEO. “Grit has defined us as a state, and grit has defined the oil and gas industry,” Hornberger said. “These awards give us the chance to recognize the resilience that will get us through this and make us stronger on the other side.”
From the start, a focus for the program has been highlighting the region’s strength in energy deal-making and technology. “In uncertain times, innovations in finance and technology have an even greater impact on the oil and gas industry across Texas,” said Bruce Bullock, director of the Maguire Energy Institute at Southern Methodist University. “These awards are one way to recognize the innovation, and the innovators, that are helping this region as we move forward.”
Past honorees in D CEO’s Oil & Gas Awards include Trevor Rees-Jones of Chief Oil & Gas, Joseph Wm. Foran of Matador Resources, Kelcy Warren of Energy Transfer, and Doug Dormer of Cardinal Midstream. Here is a photo recap of the 2019 event.
“The oil and natural gas industry remains a pillar of the Texas economy,” said TXOGA President Todd Staples. “The resilience of the nation’s energy industry starts here in the heart of Texas, and TXOGA is thankful to play a part in honoring the women and men who make that possible.”
Karr Ingham, executive vice president of the Texas Alliance of Energy Producers, said that the independent spirit born in the Texas oil patch will carry the industry to better times. “Independent producers drill 96 percent of wells in Texas and produce 88 percent of the oil and gas in the state,” Ingham said. “I am glad that these awards can help honor the resilience of producers from North Texas to the Permian Basin and the contributions they are making as we recover together.”
Ed Longanecker, President of the Texas Independent Producers and Royalty Owners Association, added, “The outstanding men and women working in oil and gas will ensure that our industry thrives during our recovery, and these awards are an important way to recognize the positive impact they are making on our state and country.”
“Private equity and private institutional investments are helping sustain the industry,” said Paul Moorman, managing director in investment banking at Stephens Inc. “Although the world looks different today than it did a few short months ago,…