John Argo with Continental Resources Inc. is today’s featured Forty Under 40 honoree.
Argo joined the Oklahoma City-based independent oil producer in 2014 after working for HighMount Exploration & Production LLC. He was named vice president of business development at Continental Resources in 2018.
Since the promotion, Argo has helped Continental Resources reduce its debt by more than $1 billion and form an unprecedented strategic minerals relationship with leading Canadian royalty corporation Franco-Nevada Corp.
He attributes such lofty accomplishments to determination, drive and the power of teamwork.
“We are better together than as individuals,” Argo says. “On any given project or opportunity, I attempt to leverage the appropriate strengths of the optimum team members.”
Argo began his career as a Dominion E&P Inc. engineer after graduating from the University of Oklahoma with a bachelor’s degree in petroleum engineering. He also graduated with the inaugural cohort of OU’s Executive MBA in Energy in 2015.
Customers say the project is not necessary with Bakken production way down.
Low prices for natural gas have discouraged customers for Permian Pass.
The project also includes about 420 kilometers of water, gas gathering and other pipelines, 120 TJ per day of additional compression, 670 kilometers of power lines, 25 kilometers of fiber optic cables and a new water-handling facility for irrigation.