Texas oilman Stephen M. Gose Jr. died Sept. 11 at age 89. Services are scheduled for Sept. 19 at Lunn’s Colonial Funeral Home in Wichita Falls, Texas.
He was chairman of the board of San Antonio-based The Exploration Co., later TXCO Resources Inc., in addition to many other oil and gas interests.
He was born Feb. 3, 1930, in Wichita Falls into a family active in North Texas’ then-booming Burkburnett play. Mr. Gose began his business career with his father in real estate, but in 1951 he decided to follow his dream and move into oil and gas on his own. Throughout his career, he established a pattern of buying up leases in anticipation of drilling, then developing and leveraging his holdings into other frontier areas.
In 1959, he turned to the Arkoma Basin of eastern Oklahoma and western Arkansas. There, he put together a large lease inventory and helped bring the Arkoma gas play to life. His work took him from Texas and Oklahoma to the Rocky Mountain basins and eventually Argentina. TXCO was among the firms to pioneer development of South Texas’ Eagle Ford play.
He had numerous other business interests, including development of San Antonio’s Retama Park horse racing track. Mr. Gose was an avid polo player and won several major awards for his play and stable, and was inducted into the U.S. Polo Hall of Fame in 1997. He attended the University of Texas-Austin, majoring in economics and geology. He retired in his 70s to a Montana vacation home.
Mr. Gose is survived by his wife of 69 years, Marty; his sons, Stephen III and Thomas; his daughter, Martha; and their families.
In lieu of flowers, donations may be made to the St. Vincent Healthcare Foundation, Billings, Mont.
Recommended Reading
US Raises Crude Production Growth Forecast for 2024
2024-03-12 - U.S. crude oil production will rise by 260,000 bbl/d to 13.19 MMbbl/d this year, the EIA said in its Short-Term Energy Outlook.
Iraq to Seek Bids for Oil, Gas Contracts April 27
2024-04-18 - Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.
E&P Highlights: Jan. 29, 2024
2024-01-29 - Here’s a roundup of the latest E&P headlines, including activity at the Ichthys Field offshore Australia and new contract awards.
Seadrill Awarded $97.5 Million in Drillship Contracts
2024-01-30 - Seadrill will also resume management services for its West Auriga drillship earlier than anticipated.
Oceaneering Won $200MM in Manufactured Products Contracts in Q4 2023
2024-02-05 - The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.