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.
Click here for Hunter Wallace’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Analysts: Diamondback-Endeavor Deal Creates New Permian Super Independent
2024-02-12 - The tie-up between Diamondback Energy and Endeavor Energy—two of the Permian’s top oil producers—is expected to create a new “super-independent” E&P with a market value north of $50 billion.
Sold in 66 Days: Inside the Diamondback-Endeavor Deal
2024-03-26 - Diamondback Chairman and CEO Travis Stice first offered “at least $25 billion” for Endeavor Energy Resources on Dec. 8. The deal closed just weeks later for $26 billion.
Daugherty: Diamondback Scales Up Amid Consolidation Super Cycle
2024-03-11 - It’s time for the strongest among the services sector to follow Diamondback's lead: find fortifying prey and hunt.
EIA: E&P Dealmaking Activity Soars to $234 Billion in ‘23
2024-03-19 - Oil and gas E&Ps spent a collective $234 billion on corporate M&A and asset acquisitions in 2023, the most in more than a decade, the U.S. Energy Information Administration reported.
ConocoPhillips CEO Ryan Lance: Upstream M&A Wave ‘Not Done’ Yet
2024-03-19 - Dealmaking in the upstream oil and gas industry totaled $234 billion in 2023. The trend shows no signs of slowing, ConocoPhillips CEO Ryan Lance said at the CERAWeek by S&P Global conference.