Hunter Wallace, COO of Atlas Sand Co. LLC, is today’s featured Forty Under 40 honoree.
When most people at Brigham relaxed after the successful $2.55 billion asset sale to Diamondback Energy Inc., Wallace did not idle. He helped “found, raise capital for and start up a company from scratch in Atlas Sand.”
He has led the Atlas team in the design, construction and capitalization of two Permian frack sand plants, each capable of producing 4 million tons per year. Atlas has broken records by being one of very few companies to start up within the published timeline and by having some of the fastest ramp-up times from startup to full capacity for both plants.
Wallace traces his tenacity back to his father, who also made a dramatic career move—from ranching to petroleum engineering.
“Growing up working with and being raised by a hard-working West Texas rancher who thinks like an engineer … [it] has given me the ability to dive in and understand most any mechanical or physical process I have ever come across in my career,” he said.
Daniel Rice, former CEO of Rice Energy who now sits on the EQT board, addressed the elephant in the room earlier this month at Hart Energy’s Energy Capital Conference.
Today’s featured Forty Under 40 honoree is Nick Vandivere, CEO of ThoughtTrace which is a Houston-based software company using AI and machine learning to streamline operations for the energy industry.
Chaparral Energy said Dec. 23 its board of directors has appointed Charles “Chuck” Duginski as president and CEO, effective Dec. 20.