W&T Offshore Inc. on May 10 announced the retirement of Stephen L. Schroeder, senior vice president and CTO, and promotion of Huan Gamblin.
“Steve has been a valued member of our management team for over 24 years. During his tenure, he served us well in a variety of operational leadership roles and in recent years, he has been instrumental in the analysis and successful closing of many of W&T’s acquisitions,” Tracy W. Krohn, chairman and CEO of W&T Offshore, commented in a company release.
Schroeder joined W&T in 1998 as a staff reservoir engineer and has since served in a variety of management roles including production manager, vice president of production, and senior vice president and COO, until assuming his current role in 2012. Prior to W&T, Schroeder was with Exxon USA for 12 years. His retirement will be effective June 1.
“We wish him our best in a well-earned retirement. Steve developed an experienced team who will continue to assist executive management in our ongoing search for accretive acquisitions,” Krohn added. ”We are pleased to name Huan Gamblin, who worked closely with Steve, as our new vice president of business development.”
Gamblin, who currently serves as manager of acquisition and divestiture, will assume the majority of Schroeder’s responsibilities as part of his promotion.
According to the company release, Gamblin has 17 years of domestic and international industry experience, and he joined W&T in 2020. Prior to W&T, he was the Algeria reservoir engineering manager with Occidental Petroleum. Before Occidental, Gamblin held increasing responsibility at various engineering positions at Anadarko Petroleum’s U.S. onshore, Gulf of Mexico, and international assets. He is a graduate of The University of Texas and holds a bachelor’s degree in Petroleum Engineering.
W&T Offshore is an independent oil and natural gas producer with operations offshore in the Gulf of Mexico and has grown through acquisitions, exploration and development. As of March 31, the Houston-based company had working interests in 47 fields in federal and state waters and has under lease approximately 655,000 gross acres.
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