The board of EOG Resources Inc. has promoted Ezra Y. Yacob to president of EOG effective immediately, the company said in a Jan. 4 release.
Since December 2017, Yacob has held the position of executive vice president of E&P responsible for EOG’s Fort Worth, Artesia and international operating areas. He originally joined the company in 2005 as a geoscience associate.
“Ezra Yacob has consistently demonstrated exceptional technical, operational and leadership skills throughout his career at EOG,” William R. “Bill” Thomas, the company’s chairman and CEO, said in a statement on Jan. 4.
Based in Houston, EOG is one of the largest crude oil and natural gas E&P companies in the U.S. The company also holds proved reserves internationally, in Trinidad and China, according to the company release.
Since joining the headquarters executive management team in 2017, EOG said Yacob has been at the forefront of creating a robust portfolio of organic exploration opportunities to extend the company’s historic success.
“He has become a trusted adviser, and his strategic vision, financial acumen and sound judgment will be valuable attributes in his new role as president of the company,” Thomas continued in his statement. “Ezra also exemplifies EOG’s outstanding culture. He is a genuine serving leader, and a champion of EOG’s unique decentralized business model and bottom-up driven value creation.”
Throughout his career at EOG, Yacob has held positions of increasing responsibility across multiple operating offices. These have included serving as vice president and general manager of the company’s Midland operations, where EOG said Yacob was instrumental in driving the success of the Delaware Basin in the Permian, which is now one of the company’s premier assets.
Before joining EOG, Yacob worked for the minerals division at the U.S. Geological Survey. He holds a Bachelor of Science degree in Geology from the University of Puget Sound, a Master of Science degree in Geology from the Colorado School of Mines and a Master of Business Administration degree from The University of Texas at Tyler.
Recommended Reading
Dividends Declared in the Week of May 6
2024-05-10 - Here is a selection of upstream, midstream and service and supply companies’ dividends declared in the past week.
OFS Sector Loses Jobs, but Trade Org Says Growth Potential Remains
2024-05-08 - According to analysis by the Energy Workforce & Technology Council, the OFS job market may still have potential for growth despite a slight decrease in the sector in April.
Exxon Appoints Maria Jelescu Dreyfus to Board
2024-05-08 - Dreyfus is CEO and founder of Ardinall Investment Management, a sustainable investment firm, and currently serves on the board of Cadiz Inc. and Canada-based pension fund CDPQ.
E&P BW Energy Undergoes ‘Technical’ Ownership Restructuring
2024-05-08 - The restructuring will not involve any change to the ultimate control of BW Energy as the shares currently held by BW Group will be sold to BW Energy Holdings.
Hess Midstream Subsidiary Plans Private Offering of Senior Notes
2024-05-08 - The proposed issuance is not expected to have a meaningful impact on Hess Midstream’s leverage and credit profile, according to Fitch Ratings.