Michael Wahl, senior vice president and COO of Olympus Energy, is today’s featured Forty Under 40 honoree.
Wahl came into the industry at the start of the shale gas revolution, alongside initial Marcellus development.
“This was a game changer for the country in general but also for the Pittsburgh region particularly, bringing a new growth industry with significant job creation,” he said. “Seeing the huge potential that was building in the industry at the time was a big draw for me. I wanted to be part of the dynamic innovation that was occurring.”
Wahl joined the strategic planning group at Anadarko Petroleum shortly after finishing his MBA at Carnegie Mellon’s Tepper School of Business. He said Anadarko educated him about the business of this industry, particularly beyond the Appalachian Basin.
“Being in that role opened by eyes to see the broader global impact of what we do and exposed me to a culture of new and exciting ideas on how we can always strive to do it better,” he said.
Wahl credits that experience as preparing him for his next step in his career and leading to his role as senior vice president and COO at Canonsburg, Pa.-based Olympus Energy.
Joining Olympus was the first time in his career he had the challenge of stepping into a brand new development opportunity. Wahl said he was able “to help build an asset base, a company and a culture that was truly different.”
U.S. Rep. Kevin Brady (R-Texas, 8th) joins Jack Belcher on Energy Policy Watch for a discussion on the budget reconciliation bill, which could include “unprecedented” tax hikes on the oil and gas industry.
The partnership builds upon Exxon Mobil’s research portfolio of technologies aimed at improving energy efficiency and reducing greenhouse gas emissions.
Scientists from Exxon Mobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material on July 24 that could capture more than 90% of CO2 emitted from industrial sources, such as natural gas-fired power plants, using low-temperature steam, requiring less energy for the overall carbon capture process.